10-Q quarterly report · filed Aug 5, 2026

Intrepid Potash, Inc. (IPI) Q2 2026 10-Q Quarterly Report

Short answer

Intrepid Potash, Inc. (IPI) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $67M with net income of $16M.

Q2 2026 key financials · XBRL

Revenue
$67M
−32.4% QoQ
Net income
$16M
+377.4% YoY · +110.0% QoQ
Operating margin
1.6%
Gross margin
25.0%
EPS (diluted)
$1.17
+368.0% YoY · +108.9% QoQ

Source: XBRL data from the Intrepid Potash, Inc. (IPI) Q2 2026 10-Q on SEC EDGAR. USD.

Intrepid Potash, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Potash realized price $391/ton vs $361; sales volumes declined 14% YoY amid weaker demand
  • Trio® realized price $389/ton vs $368; quarterly sales volumes unchanged YoY
  • Byproduct revenue $5.4M vs $6.2M, pressured by lower salt and magnesium chloride sales
  • Intrepid South sold for final $68.9M; $13.2M after-tax gain recorded in discontinued operations
  • Headwinds: tariffs, Middle East tensions, higher input and freight costs, supply-chain disruptions; Trio® list price raised to $430/ton July 1

Risk Factors

  • Newly added geopolitical risk: Iran conflict and Strait of Hormuz closure threatening energy markets, logistics, sanctions, and customer demand
  • Most materially updated market risk: sustained oil-price spikes from regional escalation increasing raw-material and energy inflation
  • Regulatory risk: additional U.S. tariffs and potential retaliation increasing operating costs across markets
  • Compliance risk: high-profile mining accidents potentially triggering stricter MSHA and OSHA enforcement
  • Financial flexibility risk: $50 million repurchase authorization dependent on liquidity and market conditions

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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