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Intrepid Potash IPI Mineral — Depreciation

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Other financials

Income statement

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Revenue$66.7M-1.3%
Gross profit$16.6M+34.7%
Operating income$1.1M-24.7%
Net income$15.6M+377%
EPS (diluted)$1.17+368%

Balance sheet

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Cash & equivalents$185.6M+117%
Total debt$3.2M-5.1%
Total equity$515.2M+6.5%
Total assets$649.9M+7.0%

Cash flow

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Operating cash flow$34.4M-14.0%
CapEx$8.5M+147%
Free cash flow$25.9M-29.1%

Valuation

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Market cap$468.97M+32.8%
Enterprise value$286.61M+8.5%
P/E17.5×
P/S1.4×+0.5×

Profitability

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Gross margin14.1%+6.9pp
Operating margin-3%-1.4pp
Net margin-69.5%-107pp
FCF margin10.3%

Returns & leverage

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Return on equity5.4%+2.9pp
Debt / equity0.0×
Current ratio6.3×+1.1×

Where this comes from

Reported directly by Intrepid Potash in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldDepreciation.

The source filing: Intrepid Potash’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:49 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001421461-26-000021
For the Three Months Ended June 30, 2026PotashTrio®OtherTotal
Maintenance1,5861,8533,439
Utilities and fuel1,5397842,323
Operating supplies1,0321,9412,973
Depreciation5,97770326,682
Other14,0603,075707,205
Total cost of goods sold$21,191$14,407$72$35,670
For the Six Months Ended June 30, 2026PotashTrio®OtherTotal
Labor and benefits$18,648$16,381$35,029

ITEM 1. Condensed Consolidated Financial Statements (Unaudited) [1](#i2ed627916a8645dd9e95d592bad93e26_13)

FAQ

What is Intrepid Potash's mineral — depreciation?
Intrepid Potash (IPI) reported mineral — depreciation of $6.68M in Q2 2026.
How has Intrepid Potash's mineral — depreciation changed year-over-year?
Intrepid Potash's mineral — depreciation decreased by 12.4% year-over-year, from $7.63M to $6.68M.
What is the long-term trend for Intrepid Potash's mineral — depreciation?
Over 3 years (2022 to 2025), Intrepid Potash's mineral — depreciation has grown at a 4.8% compound annual growth rate (CAGR), from $27.29M to $31.37M.
What does mineral — depreciation mean?
The systematic allocation of the cost of tangible assets, such as mining equipment and processing plants, over their useful lives. This non-cash expense reflects the wear and tear of capital assets used in the mineral segment. It is a key indicator of the capital intensity and reinvestment requirements of the business.

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