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Perma-Pipe International Holdings (PPIH) operating margin by quarter

Perma-Pipe International Holdings' operating margin was 7.1% in Q2 FY27 (second quarter fiscal 2027), -2.1 pts from Q1 FY27. Over the last 7 quarters it ranged from 6.7% (Q2 FY26) to 18.6% (Q3 FY26).

Perma-Pipe International Holdings operating margin by quarterPerma-Pipe International Holdings operating margin by quarter12.1%Q4 FY2516.9%Q1 FY266.7%Q2 FY2618.6%Q3 FY2612.6%Q4 FY269.2%Q1 FY277.1%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY277.1%-2.1 pts+0.5 pts
Q1 FY279.2%-3.4 pts-7.7 pts
Q4 FY2612.6%-6.0 pts+0.6 pts
Q3 FY2618.6%+12.0 pts—
Q2 FY266.7%-10.2 pts—
Q1 FY2616.9%+4.8 pts—
Q4 FY2512.1%——

Q2 FY27 at a glance

Perma-Pipe International Holdings, Q2 FY27: revenue $59.6M (+24% year over year), operating margin 7.1%, net earnings $2.5M, operating cash flow $7.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Perma-Pipe International Holdings' operating margin?

Perma-Pipe International Holdings' operating margin was 7.1% in Q2 FY27 (second quarter fiscal 2027), -2.1 pts from Q1 FY27.

How has Perma-Pipe International Holdings' operating margin changed?

Over the last 7 quarters it ranged from 6.7% (Q2 FY26) to 18.6% (Q3 FY26).

Q2 FY27 results → · How Perma-Pipe International Holdings makes money →