Perma-Pipe International Holdings, Inc.
Perma-Pipe International Holdings engineers, designs, manufactures and sells specialty piping systems and leak detection systems for industrial customers. Its Piping Systems segment includes insulated and jacketed pipes for district heating and cooling, containment systems for chemicals and other fluids, pipeline coating and insulation, and anti-corrosion coatings for steel pipe and fittings. Leak detection systems are sold with piping systems or separately to monitor for fluid intrusion. The company also custom fabricates systems to job site dimensions. Perma-Pipe makes money by selling its products and services, typically as part of discrete projects. It sells in the United States through sales managers and independent manufacturers’ representatives, and uses direct sales forces and agents in Canada, India, Egypt and several Middle Eastern countries. Its operations include facilities in the United States, Canada, the United Arab Emirates, Saudi Arabia, Egypt, India and Qatar. Perma-Pipe is headquartered in The Woodlands, Texas.
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See all $PPIH insider activity →Perma-Pipe International Holdings Inc. (PPIH) subsidiary Perma-Pipe Qatar will acquire a 51% stake in Welspun Special Coating Private Limited, a new company offering internal fusion-bonded epoxy coating services in India. Welspun Corp Limited will own the remaining 49%. The joint venture expands PPIH's service offerings in the Indian market.
Perma-Pipe International Holdings (PPIH) reported over $28M in new orders for its fiscal Q3 2026, spanning district heating, Canadian oil and gas, and U.S. data center projects. The company expects increased activity in Canada's oil and gas sector during winter. PPIH also plans a joint venture in Jordan for water infrastructure. The CEO and SVP highlighted strong North American business momentum.
Perma-Pipe International Holdings (PPIH) reported Q2 net sales up 24.4% YoY to $59.6M, with a backlog of $142.3M. Growth driven by Middle East infrastructure projects, new plants in Ohio and Qatar, and a joint venture in Jordan. Gross margin slipped to 29.2% due to higher costs and a $3.9M receivable write-off. CEO Saleh Sagr noted Middle East conflict impacts margins.
Over the past 7 days, AlphAI's AI scored 4 news stories mentioning PPIH (Perma-Pipe International Holdings, Inc.). Coverage has skewed bullish: 4 bullish, 0 neutral, and 0 bearish.
Recent PPIH coverage spans earnings, financial news and corporate actions.
The acquisition expands Perma-Pipe's service offering into internal fusion‑bonded epoxy coating and adds exposure to the Indian market.
The fresh order book signals stronger demand for the company's insulated piping and related products, likely supporting the stock price.
Earnings beat sales growth expectations but margin pressure and a large write‑off raise concerns.
Earnings beat expectations, modest profit growth may support short-term upside.
Earnings beat on revenue with modest expense impact; credit line improves liquidity.
AlphAI scores every news story that mentions PPIH with an AI model for sentiment and relevance, and aggregates insider trades from Perma-Pipe International Holdings, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Perma-Pipe International Holdings Inc. (PPIH) subsidiary Perma-Pipe Qatar will acquire a 51% stake in Welspun Special Coating Private Limited, a new company offering internal fusion-bonded epoxy coating services in India. Welspun Corp Limited will own the remaining 49%. The joint venture expands PPIH's service offerings in the Indian market.
1 min readPerma-Pipe International Holdings (PPIH) reported over $28M in new orders for its fiscal Q3 2026, spanning district heating, Canadian oil and gas, and U.S. data center projects. The company expects increased activity in Canada's oil and gas sector during winter. PPIH also plans a joint venture in Jordan for water infrastructure. The CEO and SVP highlighted strong North American business momentum.
2 min readPerma-Pipe International Holdings (PPIH) reported Q2 net sales up 24.4% YoY to $59.6M, with a backlog of $142.3M. Growth driven by Middle East infrastructure projects, new plants in Ohio and Qatar, and a joint venture in Jordan. Gross margin slipped to 29.2% due to higher costs and a $3.9M receivable write-off. CEO Saleh Sagr noted Middle East conflict impacts margins.
2 min readPerma-Pipe International Holdings (PPIH) reported Q2 2026 net income of $2.55M ($0.31 per share), up from $0.85M ($0.10 per share) a year ago, driven by higher net sales of $59.57M. Adjusted income before tax rose to $8.33M. Shares fell 1.86% in after-hours trading.
1 min readPerma-Pipe International Holdings reported higher net sales and net income for the quarter, driven by increased sales in North America and MENA. A $3.9M receivable write-off affected expenses, and the company secured a $75M credit facility in August 2026.
1 min readPerma-Pipe International reported Q2 gross profit up 21% to $17.4M, with backlog rising to $142.3M. CEO Saleh Sagr highlighted growth in data-center and district heating/cooling, and a new Ohio facility. The company secured a $90M credit facility and aims to expand leak-detection offerings. Management expects strong H2 performance, pending market conditions.
2 min readPerma-Pipe International Holdings, Inc. (PPIH) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Perma-Pipe International Holdings, Inc. Announces Second Quarter 2026 Financial Results ● Net Sales Increased 24% Year-over-Year to $59.6 Million ● Gross Profit Up 21% to $17.4 Million ● Net Income Attributable to Common Stock Increased $1.6 Million to $2.5 Million,
2 min readPerma-Pipe (PPIH) and Welspun signed an MOU with Jordan's government to develop pipe manufacturing and coating facilities, aiming to support water, oil, and gas projects in Jordan and the Levant region. The partnership combines Welspun's pipe manufacturing expertise with Perma-Pipe's anti-corrosion coating solutions. The project is expected to create a regional manufacturing hub and support infrastructure development in the area.
2 min readPerma-Pipe (PPIH) closed a new global credit facility with J.P. Morgan, totaling $89 million. The facility includes a $75 million revolving credit line and a $14 million term loan, with an additional $50 million in incremental capacity. This replaces multiple existing facilities, providing enhanced liquidity and financial flexibility for the company's operations and expansion.
1 min readPerma-Pipe International Holdings, Inc. (PPIH) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACTS: Saleh Sagr, President and CEO Perma-Pipe Investor Relations 847.929.1200 investor@permapipe.com Perma-Pipe Announces Closing of Global Credit Facility of Up to $139 Million New Credit Facility Enhances Global
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