Intrepid Potash Inc (IPI) FinancialsIPIIntrepid Potash Inc

Intrepid Potash Inc (IPI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Trio, accounting for 53.0% of total sales, equivalent to $52.27M. Other significant revenue streams include Potash and Salt. Understanding this composition is critical for investors evaluating how IPI navigates market cycles within the Agricultural Chemicals industry.

Evaluating the bottom line, Intrepid Potash Inc maintains a gross margin of 24.97%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 10.25%, while the net margin is 3.59%. These profitability ratios, combined with a Return on Equity (ROE) of 3.13%, provide a clear picture of how effectively IPI converts its operational activities into shareholder value.

In the context of the broader market, IPI competes directly with industry leaders such as NOA and LXFR. With a market capitalization of $434.25M, it holds a significant position in the sector. When comparing efficiency, IPI's gross margin of 24.97% stands against NOA's 10.52% and LXFR's 25.60%. Such benchmarking helps identify whether Intrepid Potash Inc is trading at a premium or discount relative to its financial performance.

Intrepid Potash has shown some recovery in net income, with Q2 2026 reporting $2.4 million, or $0.18 per share, and a gross margin of 24.97%, indicating improved profitability. However, the company has faced significant losses in previous quarters, including a net income loss of $207 million in Q4 2024.