IPI · Intrepid Potash, Inc.
Price & Indicators
Up next
Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. Intrepid raised full-year 2026 potash production guidance to 290-300 thousand tons and Trio production to 295-305 thousand tons, completed the $68.9 million Intrepid South sale (including $62 million cash proceeds), expanded its share repurchase authorization to $50 million, and lowered full-year capex to ~$40 million, while recording a $5.0 million Pecos water rights contingency and absorbing lower potash sales volumes.
- + Gross margin expanded 35% year-over-year to $16.6 million despite slightly lower sales.
- + Raised full-year 2026 potash production guidance to 290-300 thousand tons (from 270-285) on improved recoveries and brine grade.
- + Expanded share repurchase authorization to $50 million with repurchases expected to begin in Q3.
- + Lowered full-year 2026 capital expenditure guidance to approximately $40 million on AMAX deferral and lower Primary Pond 8 cost.
- − Potash sales volumes fell 14% to 59 thousand tons on softer late-quarter demand from geopolitical/economic pressure on growers.
- − Recorded a $5.0 million Pecos water rights loss contingency in Q2 2026 with additional costs possible.
- − Potash average COGS per ton rose to $359 from $337 a year ago due to a higher-cost site production mix.
- − Potash segment sales declined $3.4 million year-over-year and potash segment gross margin was essentially flat.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average potash net realized sales price per ton non-GAAP | $391 | Three Months Ended June 30, 2026 filing | — |
| Average royalty rate for potash and Trio® combined sales (less combined freight expenses) | 5% | Three Months Ended June 30, 2026 filing | — |
| Average Trio® net realized sales price per ton non-GAAP | $389 | the three months ended June 30, 2026 filing | — |
| Tons sold (Potash) | 59K | Three Months Ended June 30, 2026 filing | — |
| Tons sold (Trio®) | 70K | Three Months Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Agricultural Inputs — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
IPI
this stock
Intrepid Potash, Inc.
|
$458.07M | +18.1% | +17.1% | 17.2 | 2.7% |
|
CTVA
Corteva, Inc.
|
$52.26B | -82.2% | +2.9% | 51.2 | 3.1% |
|
NTR
Nutrien Ltd.
|
$34.47B | +13.5% | — | — | 1.6% |
|
CF
CF Industries Holdings, Inc.
|
$17.73B | +48.7% | +19.3% | 8.7 | 6.5% |
|
YARIY
Yara International ASA
|
$11.64B | +6.6% | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| IPI | -3.8% | -19.9% | -13.7% | +2.1% | +18.1% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -3.5% | -19.5% | -25.9% | +1.2% | +5.3% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.