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Intrepid Potash IPI Mineral — Total cost of goods sold

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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$507.99M+32.8%
Enterprise value$325.64M+8.5%
P/E19×
P/S1.6×+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:CostOfGoodsAndServicesSold.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Less:
Freight costs11,05011,01127,78028,502
Warehousing and handling costs3,0463,1146,8906,604
Cost of goods sold35,67040,63195,28799,521
Lower of cost or net realizable value inventory adjustments2704191,0921,754
Gross Margin16,64912,36134,32125,682
Selling and administrative10,0228,92521,29518,080
Accretion of asset retirement obligation7776501,5531,299

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

FAQ

What is Intrepid Potash's mineral — total cost of goods sold?
Intrepid Potash (IPI) reported mineral — total cost of goods sold of $35.67M in Q2 2026.
How has Intrepid Potash's mineral — total cost of goods sold changed year-over-year?
Intrepid Potash's mineral — total cost of goods sold decreased by 12.2% year-over-year, from $40.63M to $35.67M.
What is the long-term trend for Intrepid Potash's mineral — total cost of goods sold?
Over 4 years (2021 to 2025), Intrepid Potash's mineral — total cost of goods sold has grown at a 2.0% compound annual growth rate (CAGR), from $161.42M to $174.62M.
What does mineral — total cost of goods sold mean?
Represents the aggregate direct costs attributable to the production of mineral-based products sold by the segment. This includes raw materials, direct labor, and manufacturing overheads necessary to bring the product to a saleable condition. Monitoring this metric helps assess the direct production efficiency and cost structure of the mineral operations.

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