Concrete Pumping Holdings, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Note 4 - Property, Plant and Equipment

12 Months Ended

Oct. 31, 2025

Note 4. Property, Plant and Equipment

The significant components of property, plant and equipment as of October 31, 2025 and 2024 are comprised of the following:

		*As of October 31,*			*As of October 31,*
(in thousands, unless otherwise noted)	*Useful Lives (in years)*	*2025*			*2024*
Land, building and improvements	15 to 40	$	32,874		$	32,724
Machinery and equipment	3 to 25		558,679			534,014
Transportation equipment	5		12,909			11,133
Furniture and office equipment	2 to 7		4,371			4,187
Accumulated depreciation			(196,317	)		(166,332	)
Property, plant and equipment, net		$	412,516		$	415,726

Depreciation expense for the years ended October 31, 2025 and 2024 is as follows:

	*Year Ended October 31,*
(in thousands)	*2025*		*2024*
Cost of operations	$	39,199	$	39,644
General and administrative expenses		2,507		2,325
Total depreciation expense	$	41,706	$	41,969