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Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$14.5M+99.0%
Operating income$7.6M+441%
Net income$6.4M+297%
EPS (diluted)$0.40+233%

Balance sheet

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Cash & equivalents$20.8M+1,492%
Total debt$2.9M-41.9%
Total equity$116.7M+193%
Total assets$126.0M+162%

Cash flow

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Operating cash flow$8.8M+264%
CapEx$2.8M+102%
Free cash flow$5.9M+491%

Valuation

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Market cap$557.14M+54.6%
Enterprise value$539.25M+48.8%
P/E25.9×-14.6×
P/S11.2×-0.6×

Profitability

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Gross margin64.6%+13.8pp
Operating margin43.9%+15.6pp
Net margin43.3%+12.8pp
FCF margin34.9%+7.8pp

Returns & leverage

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Return on equity27.5%+0.5pp
Debt / equity-0.1×
Current ratio12.8×+8.4×

Where this comes from

Calculated from Idaho Strategic Resources’s reported figures.

The source filing: Idaho Strategic Resources’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 6:39 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001654954-26-004833
Line itemMarch 31, 2026March 31, 2025
Cost of sales and other direct production costs4,203,6033,030,829
Depreciation and amortization713,785549,621
Total costs of sales4,917,3883,580,450
Gross profit9,564,8983,698,086
Other operating expenses:
Exploration1,389,3491,371,433
Management189,643264,745
Professional services181,351183,738

ITEM 1: Financial Statements

FAQ

What is Idaho Strategic Resources's gross profit?
Idaho Strategic Resources (IDR) reported gross profit of $9.56M in Q1 2026.
How has Idaho Strategic Resources's gross profit changed year-over-year?
Idaho Strategic Resources's gross profit increased by 158.6% year-over-year, from $3.7M to $9.56M.
What is the long-term trend for Idaho Strategic Resources's gross profit?
Over 4 years (2021 to 2025), Idaho Strategic Resources's gross profit has grown at a 170.7% compound annual growth rate (CAGR), from $487.88K to $26.21M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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