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Intrepid Potash IPI Potash — Gross Margin

Other segment segments

Trio
$11.44M+41.5%
Corporate Segment and Other Operating Segment
$288K

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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:GrossProfit.

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
Three Months Ended June 30, 2026PotashTrio®Corporate and OtherConsolidated
Warehousing and handling costs1,6321,4143,046
Cost of goods sold21,19114,4077235,670
Lower of cost or net realizable value inventory adjustments270270
Gross Margin$4,918$11,443$288$16,649
Depreciation, depletion, and amortization incurred1$7,727$992$581$9,300
Six Months Ended June 30, 2026PotashTrio®Corporate and OtherConsolidated
Sales$76,721$88,261$388$165,370
Less: Freight costs8,07719,70327,780

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

FAQ

What is Intrepid Potash's potash — gross margin?
Intrepid Potash (IPI) reported potash — gross margin of $4.92M in Q2 2026.
How has Intrepid Potash's potash — gross margin changed year-over-year?
Intrepid Potash's potash — gross margin increased by 1.2% year-over-year, from $4.86M to $4.92M.
What is the long-term trend for Intrepid Potash's potash — gross margin?
Over 4 years (2021 to 2025), Intrepid Potash's potash — gross margin has grown at a -15.6% compound annual growth rate (CAGR), from $35.85M to $18.22M.
What does potash — gross margin mean?
Calculated as the difference between segment revenue and the cost of goods sold, representing the profitability of potash operations before operating expenses. This metric measures the segment's ability to manage production costs relative to market pricing for fertilizer and industrial inputs. It is a key indicator of the core operational health of the potash business unit.

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