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Intrepid Potash IPI Trio — Gross Margin

Other segment segments

Potash
$3.07M+22.5%
Corporate Segment and Other Operating Segment
-$233K

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Other financials

Income statement

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Revenue$98.7M+4.4%
Gross profit$17.7M+32.7%
Operating income$6.2M+68.2%
Net income$7.4M+61.1%
EPS (diluted)$0.56+60.0%

Balance sheet

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Cash & equivalents$99.9M+119%
Total debt$3.7M-2.5%
Total equity$498.2M+3.9%
Total assets$641.5M+6.7%

Cash flow

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Operating cash flow$23.2M+112%
CapEx$5.1M-33.0%
Free cash flow$18.0M+454%

Valuation

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Market cap$455.78M-6.9%
Enterprise value$359.6M-19.7%
P/E31.6×
P/S1.4×+0.4×

Profitability

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Gross margin12.6%+2.7pp
Operating margin-4.1%-1.8pp
Net margin-71.8%-100pp
FCF margin10.3%

Returns & leverage

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Return on equity3%+1.5pp
Debt / equity0.0×
Current ratio5.3×+0.1×

Where this comes from

Reported directly by Intrepid Potash in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Intrepid Potash’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Intrepid Potash's trio — gross margin?
Intrepid Potash (IPI) reported trio — gross margin of $14.84M in Q1 2026.
How has Intrepid Potash's trio — gross margin changed year-over-year?
Intrepid Potash's trio — gross margin increased by 42.2% year-over-year, from $10.43M to $14.84M.
What is the long-term trend for Intrepid Potash's trio — gross margin?
Over 4 years (2021 to 2025), Intrepid Potash's trio — gross margin has grown at a 19.4% compound annual growth rate (CAGR), from $16.44M to $33.39M.
What does trio — gross margin mean?
Calculated as the revenue generated from the Trio segment minus the direct costs of goods sold. This metric measures the fundamental profitability of the specialty fertilizer business before accounting for corporate overhead or financing costs. It is a primary indicator of the segment's pricing power and operational cost control.