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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+22.6%
Enterprise value$286.61M-4.5%
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:SellingGeneralAndAdministrativeExpense.

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
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
Impairment of long-lived assets1,2041,866
Gain on sale of assets(6)(1,262)(34)(1,422)
Other operating income(1,129)(1,222)(2,289)(2,505)

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

FAQ

What is Intrepid Potash's SG&A?
Intrepid Potash (IPI) reported SG&A of $10.02M in Q2 2026.
How has Intrepid Potash's SG&A changed year-over-year?
Intrepid Potash's SG&A increased by 12.3% year-over-year, from $8.93M to $10.02M.
What is the long-term trend for Intrepid Potash's SG&A?
Over 4 years (2021 to 2025), Intrepid Potash's SG&A has grown at a 11.2% compound annual growth rate (CAGR), from $24M to $36.66M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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