Perma-Pipe International Holdings reported second quarter fiscal 2026 results ending July 31, 2026. Net sales increased 24% year-over-year to $59.6 million, driven by higher volumes in North America and the MENA region. Gross profit rose 21% to $17.4 million, while net income attributable to common stockholders grew to $2.5 million, or $0.31 per diluted share. The quarter included a $3.9 million charge for an uncollectible account receivable and approximately $0.5 million in start-up costs at the new Ohio facility, partially offset by a $1.6 million discrete tax benefit. Backlog stood at $142.3 million, supported by over $67 million in new awards. Subsequent to quarter-end, the company entered into a new global credit agreement with JPMorgan Chase providing approximately $90 million in commitments and repaid its prior facility and an Alberta mortgage note. Perma-Pipe International Holdings operates in the engineered piping and corrosion protection solutions industry.

Perma-Pipe International Holdings, Inc. issued a press release on June 9, 2026, announcing its financial results for the first quarter ended April 30, 2062. Perma-Pipe International Holdings, Inc. operates in the industrial piping solutions industry and provides engineered-to-order piping systems.</div>