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Intrepid Potash IPI Water — Sales

Other product segments

Mineral
$98.69M+4.3%
Trio
$52.27M+5.2%
Potash
$41.93M+12.5%
Salt
$2.56M-22.3%
Brine Water
$1.37M-30.4%
Magnesium Chloride
$519K-54.8%

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$874M+10.1%
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$64.3M+3.1%

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:RevenueFromContractWithCustomerIncludingAssessedTax.

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 water — sales?
Intrepid Potash (IPI) reported water — sales of $11K in Q1 2026.
How has Intrepid Potash's water — sales changed year-over-year?
Intrepid Potash's water — sales decreased by 99.0% year-over-year, from $1.09M to $11K.
What is the long-term trend for Intrepid Potash's water — sales?
Over 4 years (2021 to 2025), Intrepid Potash's water — sales has grown at a -40.4% compound annual growth rate (CAGR), from $22.05M to $2.79M.
What does water — sales mean?
This metric represents the total revenue generated from the sale and delivery of water and related water-based services to industrial customers, primarily within the oil and gas sector. It reflects the company's ability to monetize water assets and infrastructure as a diversified revenue stream beyond traditional fertilizer production. Monitoring this metric helps investors assess the growth and stability of the company's non-agricultural business segments.