What is Intrepid Potash, Inc's earnings per share (EPS)?

Intrepid Potash, Inc (IPI) reported diluted earnings per share of $0.85 for fiscal year 2025. This represents a 105.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Intrepid Potash, Inc (IPI) Financials

IPI

FY2025 annual

Revenue $298.3M +17.1% YoY

Net Income $11.2M +105.3% YoY

EPS (Diluted) $0.85 +105.1% YoY

Free Cash Flow $25.5M -24.4% YoY

Market Cap $440.8M as of Oct 3, 2026

Price / Sales 1.5x on $298.3M revenue, FY2025

Price / Earnings 39.4x on $11.2M net income, FY2025

Price / Book 0.9x on $515.2M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IPI SEC filings page.

Intrepid Potash, Inc (IPI) reported $298.3M in revenue for fiscal year 2025, up 17.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI IPI FY2025 2026-10-03

Operating profitability returned in FY2025, but cash conversion weakened as working capital absorbed part of the recovery.

Margin expansion was substantial: gross margin rose from 11.4% in FY2024 to 18.4% in FY2025, moving the company from an operating loss to a profit. Yet operating cash flow fell to $55.8M even as free cash flow stayed positive, indicating the earnings recovery did not produce stronger cash conversion.

FY2024's reported loss of $212.8M far exceeded its $19.9M operating loss because the tax line became unusually influential. In FY2025, tax expense was $544K and net income was $11.2M, so bottom-line performance again tracked operations more closely.

Current assets reached $292.3M against $55.8M of current liabilities, giving the company substantial short-term coverage. The current ratio also rose from 4.8x to 5.2x while debt-to-equity edged higher, so liquidity improved without a parallel reduction in leverage.

Financial Health Signals

Financial Health Score 52/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Intrepid Potash, Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Intrepid Potash, Inc has an operating margin of 3.6%, meaning the company retains $4 of operating profit per $100 of revenue. This below-average margin results in a low score of 28/100, suggesting thin profitability after operating expenses. This is up from -7.8% the prior year.

Growth

Intrepid Potash, Inc's revenue surged 17.1% year-over-year to $298.3M, reflecting rapid business expansion. This strong growth earns a score of 42/100.

Leverage

Intrepid Potash, Inc carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 5.24, Intrepid Potash, Inc holds $5.24 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 92/100.

Cash Flow

Intrepid Potash, Inc has a free cash flow margin of 8.6%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Intrepid Potash, Inc generates a 2.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 24/100. This is up from -44.9% the prior year.

Altman Z-Score Grey Zone

2.50

Intrepid Potash, Inc scores 2.50, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($440.8M) relative to total liabilities ($140.8M). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

Intrepid Potash, Inc passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

4.98x

For every $1 of reported earnings, Intrepid Potash, Inc generates $4.98 in operating cash flow ($55.8M OCF vs $11.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

45.97x

Intrepid Potash, Inc earns $45.97 in operating income for every $1 of interest expense ($10.7M vs $232K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$66.7M

YoY-1.3%

QoQ-32.4%

Intrepid Potash, Inc generated $66.7M in revenue in Q2 2026. This represents a decrease of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 32.4%.

EBITDA

$10.4M

YoY0.0%

QoQ-35.9%

Intrepid Potash, Inc's EBITDA was $10.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 35.9%.

Net Income

$15.6M

YoY+377.4%

QoQ+110.0%

Intrepid Potash, Inc reported $15.6M in net income in Q2 2026. This represents an increase of 377.4% from the same quarter a year earlier. Against the prior quarter it is up 110.0%.

EPS (Diluted)

$1.17

YoY+368.0%

QoQ+108.9%

5Y CAGR-4.3%

Intrepid Potash, Inc earned $1.17 per diluted share (EPS) in Q2 2026. This represents an increase of 368.0% from the same quarter a year earlier. Against the prior quarter it is up 108.9%.

Cash & Balance Sheet

Free Cash Flow

$25.9M

YoY-29.1%

QoQ+43.6%

5Y CAGR-1.6%

Intrepid Potash, Inc generated $25.9M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 29.1% from the same quarter a year earlier. Against the prior quarter it is up 43.6%.

Cash & Debt

$185.0M

YoY+117.5%

QoQ+86.4%

5Y CAGR+28.3%

10Y CAGR+19.6%

Intrepid Potash, Inc held $185.0M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

13M

YoY+1.1%

QoQ+0.2%

5Y CAGR0.0%

10Y CAGR-16.0%

Intrepid Potash, Inc had 13M shares outstanding in Q2 2026. This represents an increase of 1.1% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

25.0%

YoY+6.7pp

QoQ+7.1pp

Intrepid Potash, Inc's gross margin was 25.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 6.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.1 percentage points.

Operating Margin

1.6%

YoY-0.5pp

QoQ-4.7pp

Intrepid Potash, Inc's operating margin was 1.6% in Q2 2026, reflecting core business profitability. This is down 0.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.7 percentage points.

Net Margin

23.4%

YoY+18.5pp

QoQ+15.8pp

Intrepid Potash, Inc's net profit margin was 23.4% in Q2 2026, showing the share of revenue converted to profit. This is up 18.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.8 percentage points.

Return on Equity

3.0%

YoY+2.4pp

QoQ+1.5pp

Intrepid Potash, Inc's ROE was 3.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.5 percentage points.

Capital Allocation

Capital Expenditures

$8.5M

YoY+147.2%

QoQ+64.8%

5Y CAGR+14.7%

10Y CAGR+3.9%

Intrepid Potash, Inc invested $8.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 147.2% from the same quarter a year earlier. Against the prior quarter it is up 64.8%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

IPI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IPI quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22DEF 14A	FY21DEF 14A	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	N/A	$298.3M+17.1%	$254.7M-8.7%	$279.1M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	$54.8M+88.5%	$29.1M-21.1%	$36.8M-73.9%	$141.4M+153.6%	$55.8M+429.6%	$10.5M-75.8%	$43.5M+13.6%	$38.3M+221.9%	$11.9M+144.4%	-$26.8M-73.1%	-$15.5M-136.8%	$42.0M-46.1%	$77.9M-54.2%	$170.1M-8.6%	$186.2M
SG&A Expenses	N/A	$36.7M+11.3%	$33.0M+1.7%	$32.4M+2.0%	$31.8M+32.5%	$24.0M-5.8%	$25.5M+8.2%	$23.6M+15.3%	$20.4M+8.1%	$18.9M-5.6%	$20.0M-27.1%	$27.5M+1.0%	$27.2M-19.4%	$33.8M+0.1%	$33.8M+6.1%	$31.8M
Operating Income	N/A	$10.7M+153.7%	-$19.9M+54.8%	-$44.0M-146.1%	$95.4M+195.7%	$32.3M+238.8%	-$23.2M-242.1%	$16.4M+5.6%	$15.5M+210.2%	-$14.1M+74.6%	-$55.3M+85.0%	-$369.8M-2443.4%	$15.8M-61.4%	$40.8M-69.8%	$135.4M-22.1%	$173.9M
EBITDA	N/A	$51.2M+187.3%	$17.8M+490.3%	-$4.6M-103.5%	$130.5M+91.2%	$68.2M+430.3%	$12.9M-74.6%	$50.7M+6.3%	$47.7M+149.2%	$19.1M+232.8%	-$14.4M+94.9%	-$282.1M-392.8%	$96.3M-5.7%	$102.1M-44.2%	$183.0M-11.8%	$207.4M
Interest Expense	N/A	$232K+107.1%	$112K	$0-100.0%	$101K-93.1%	$1.5M-65.8%	$4.3M+41.5%	$3.0M-21.4%	$3.9M-67.0%	$11.7M+0.6%	$11.6M+83.0%	$6.4M+1.9%	$6.2M+307.1%	$1.5M	N/A	N/A
Income Tax	N/A	$544K-99.7%	$194.3M+2416.5%	-$8.4M-134.5%	$24.3M+111.6%	-$208.9M-4177480.0%	$5K-90.6%	$53K-50.9%	$108K+103.9%	-$2.8M-104.3%	-$1.4M-100.9%	$150.0M+14183.1%	$1.1M-93.4%	$15.8M-68.0%	$49.5M-24.9%	$65.8M
Net Income	N/A	$11.2M+105.3%	-$212.8M-496.1%	-$35.7M-149.4%	$72.2M-71.1%	$249.8M+1019.9%	-$27.2M-299.2%	$13.6M+15.7%	$11.8M+152.2%	-$22.6M+64.8%	-$64.2M+87.8%	-$524.8M-5476.3%	$9.8M-56.2%	$22.3M-74.5%	$87.4M-20.1%	$109.4M
EPS (Basic)	N/A	$0.86+105.2%	-$16.53-490.4%	-$2.80-151.0%	$5.49-71.2%	$19.07+1012.4%	-$2.09-297.2%	$1.06+15.2%	$0.92+560.0%	-$0.20+76.5%	-$0.85+87.8%	-$6.94-5438.5%	$0.13-56.7%	$0.30-74.1%	$1.16-20.5%	$1.46
EPS (Diluted)	$1.98	$0.85+105.1%	-$16.53-490.4%	-$2.80-152.1%	$5.37-71.2%	$18.66+992.8%	-$2.09	$1.04+15.6%	$0.90	-$0.20+76.5%	-$0.85+87.8%	-$6.94-5438.5%	$0.13-56.7%	$0.30-74.1%	$1.16-20.0%	$1.45
Diluted Shares (Avg)	N/A	13M+2.3%	13M+0.9%	13M-5.1%	13M+0.5%	13M+3.1%	13M	13M0.0%	13M	116M+52.6%	76M+0.2%	76M+0.1%	76M+0.3%	75M+0.1%	75M+0.1%	75M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$66.7M-1.3%	$98.7M+4.4%	N/A	N/A	$67.5M	$94.5M	N/A	N/A
Gross Profit	$16.6M+34.7%	$17.7M+32.7%	N/A	$10.6M+36.8%	$12.4M+62.1%	$13.3M+107.0%	N/A	$7.7M+1474.7%
SG&A Expenses	$10.0M+12.3%	$11.3M+23.1%	N/A	$9.0M-1.7%	$8.9M+12.4%	$9.2M+9.5%	N/A	$9.2M+19.1%
Operating Income	$1.1M-24.7%	$6.2M+68.2%	N/A	$3.3M+249.8%	$1.4M+186.7%	$3.7M+186.0%	N/A	-$2.2M+75.7%
EBITDA	$10.4M0.0%	$16.2M+19.3%	N/A	$12.8M+86.4%	$10.4M+46.9%	$13.6M+167.0%	N/A	$6.9M+565.3%
Interest Expense	$0-100.0%	$0-100.0%	N/A	$36K	$66K	$105K	N/A	$0
Income Tax	$57K+62.9%	$59K-24.4%	N/A	$264K+3871.4%	$35K+111.5%	$78K+110.1%	N/A	-$7K+99.6%
Net Income	$15.6M+377.4%	$7.4M+61.1%	N/A	$3.7M+304.3%	$3.3M+491.7%	$4.6M+247.2%	N/A	-$1.8M+74.5%
EPS (Basic)	$1.18+372.0%	$0.56+55.6%	-$0.03+99.8%	$0.29+307.1%	$0.25+516.7%	$0.36+250.0%	-$16.08-448.8%	-$0.14+75.0%
EPS (Diluted)	$1.17+368.0%	$0.56+60.0%	-$0.03+99.8%	$0.28+300.0%	$0.25+516.7%	$0.35+245.8%	-$16.08-448.8%	-$0.14+75.0%
Diluted Shares (Avg)	13M+0.7%	13M+1.5%	N/A	13M+2.2%	13M+2.2%	13M+2.1%	N/A	13M+0.9%

Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.

IPI Balance Sheet

IPI quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY22DEF 14A	FY21DEF 14A	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$632.2M+6.3%	$594.5M-22.6%	$768.6M-3.2%	$794.2M+3.6%	$766.9M+39.4%	$550.2M-4.9%	$578.4M+10.1%	$525.2M+2.9%	$510.6M-5.6%	$540.9M-15.5%	$640.0M-45.1%	$1.2B-0.7%	$1.2B+18.2%	$994.6M+6.6%	$932.9M
Current Assets	$292.3M+59.1%	$183.8M+20.9%	$152.0M-11.4%	$171.7M+9.5%	$156.8M+15.5%	$135.8M-6.6%	$145.3M0.0%	$145.4M+30.4%	$111.5M-9.9%	$123.7M-36.8%	$195.7M-1.7%	$199.1M+11.5%	$178.6M+10.0%	$162.4M-41.3%	$276.6M
Cash & Equivalents	$83.5M+102.2%	$41.3M+914.7%	$4.1M-78.0%	$18.5M-49.2%	$36.5M+86.8%	$19.5M-5.3%	$20.6M-38.0%	$33.2M+3010.7%	$1.1M-76.1%	$4.5M-52.0%	$9.3M-86.2%	$67.6M+17054.6%	$394K-98.8%	$33.6M-54.2%	$73.4M
Short-Term Investments	$0-100.0%	$989K-66.7%	$3.0M-50.2%	$6.0M	$0	$0	$0	$0	$0	$0-100.0%	$50.5M+384.2%	$10.4M-31.4%	$15.2M-36.9%	$24.1M-75.2%	$97.2M
Inventory	$112.2M-0.7%	$113.0M-1.1%	$114.3M-0.5%	$114.8M+45.6%	$78.9M-11.1%	$88.7M-5.9%	$94.2M+14.8%	$82.0M-1.3%	$83.1M-11.9%	$94.4M-11.4%	$106.5M+26.7%	$84.1M-19.9%	$105.0M+97.1%	$53.3M-3.8%	$55.4M
Accounts Receivable	$32.0M+42.4%	$22.5M+1.8%	$22.1M-17.4%	$26.7M-24.5%	$35.4M+57.3%	$22.5M-5.2%	$23.7M-5.6%	$25.2M+41.5%	$17.8M+71.9%	$10.3M+6.2%	$9.7M-65.9%	$28.6M+37.1%	$20.8M-33.9%	$31.5M+7.5%	$29.3M
Long-Term Investments	$179K	$0-100.0%	$954K-60.8%	$2.4M-46.8%	$4.6M	$0	$0	$0	$0	$0-100.0%	$3.8M-68.0%	$11.9M+24.7%	$9.5M	$0-100.0%	$6.2M
Total Liabilities	$140.8M+17.2%	$120.1M+42.8%	$84.1M+6.3%	$79.1M-23.5%	$103.5M-25.5%	$138.9M-3.4%	$143.8M+33.2%	$108.0M-0.5%	$108.5M-38.9%	$177.5M-16.8%	$213.4M-2.7%	$219.4M-9.1%	$241.3M+171.5%	$88.9M+44.0%	$61.7M
Current Liabilities	$55.8M+46.8%	$38.0M-18.4%	$46.6M-4.7%	$48.9M-33.4%	$73.4M+9.2%	$67.2M-23.1%	$87.4M+151.4%	$34.8M-7.2%	$37.5M+55.4%	$24.1M-38.4%	$39.1M-16.1%	$46.6M-32.0%	$68.6M+1.8%	$67.4M+35.7%	$49.7M
Non-Current Liabilities	$85.0M+3.5%	$82.1M+118.5%	$37.6M+24.2%	$30.2M+0.6%	$30.1M-58.1%	$71.7M+27.3%	$56.3M-23.0%	$73.2M+3.1%	$71.0M-53.7%	$153.4M-12.0%	$174.3M+0.9%	$172.8M+0.1%	$172.7M+703.2%	$21.5M+78.2%	$12.1M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$14.9M-49.8%	$29.8M-40.1%	$49.6M+0.4%	$49.4M-63.0%	$133.4M-10.7%	$149.5M-0.3%	$150.0M0.0%	$150.0M	$0	N/A
Total Equity	$491.4M+3.6%	$474.4M-30.7%	$684.4M-4.3%	$715.1M+7.8%	$663.4M+61.3%	$411.3M-5.4%	$434.7M+4.2%	$417.3M+3.8%	$402.1M+10.9%	$362.6M-15.0%	$426.5M-55.0%	$947.3M+1.4%	$934.0M+3.1%	$905.7M+4.0%	$871.1M
Retained Earnings	-$160.9M+6.5%	-$172.1M-521.8%	$40.8M-46.7%	$76.5M+1702.1%	$4.2M+101.7%	-$245.6M-12.4%	-$218.4M+5.9%	-$232.1M+4.8%	-$243.9M-10.7%	-$220.4M-43.3%	-$153.7M-141.4%	$371.1M+2.7%	$361.3M+6.6%	$339.0M+10.0%	$308.2M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$649.9M+7.0%	$641.5M+6.7%	$632.2M+6.3%	$616.5M-23.5%	$607.2M-23.8%	$601.3M-25.1%	$594.5M-22.6%	$806.2M+1.7%
Current Assets	$313.1M+47.9%	$303.6M+52.6%	$292.3M+59.1%	$221.5M+16.4%	$211.6M+15.5%	$198.9M+5.7%	$183.8M+20.9%	$190.3M+29.8%
Cash & Equivalents	$185.0M+117.5%	$99.3M+117.3%	$83.5M+102.2%	$77.2M+103.0%	$85.0M+64.6%	$45.7M+34.1%	$41.3M+914.7%	$38.0M+1262.7%
Short-Term Investments	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%	$496K-83.3%	$989K-66.7%	$2.0M-42.9%
Inventory	$104.9M+4.7%	$95.7M-2.5%	$112.2M-0.7%	$110.9M+1.2%	$100.2M-1.7%	$98.1M-4.3%	$113.0M-1.1%	$109.6M+1.1%
Accounts Receivable	$19.0M-8.5%	$46.3M-3.3%	$32.0M+42.4%	$25.0M-22.3%	$20.7M-4.0%	$47.8M+14.4%	$22.5M+1.8%	$32.2M+33.8%
Long-Term Investments	$168K-47.8%	$179K-94.2%	$179K	$236K-95.0%	$322K-93.7%	$3.1M+552.0%	$0-100.0%	$4.7M+142.7%
Total Liabilities	$134.7M+9.3%	$143.3M+17.7%	$140.8M+17.2%	$125.8M+0.1%	$123.3M+7.5%	$121.8M+1.0%	$120.1M+42.8%	$125.6M+73.6%
Current Liabilities	$49.5M+23.4%	$57.8M+50.1%	$55.8M+46.8%	$42.2M-2.2%	$40.1M+19.9%	$38.5M-2.4%	$38.0M-18.4%	$43.2M+13.1%
Non-Current Liabilities	$85.3M+2.4%	$85.6M+2.7%	$85.0M+3.5%	$83.6M+1.4%	$83.2M+2.4%	$83.3M+2.7%	$82.1M+118.5%	$82.4M+141.3%
Total Equity	$515.2M+6.5%	$498.2M+3.9%	$491.4M+3.6%	$490.7M-27.9%	$483.8M-29.1%	$479.5M-29.7%	$474.4M-30.7%	$680.6M-5.5%
Retained Earnings	-$137.9M+16.0%	-$153.5M+8.4%	-$160.9M+6.5%	-$160.4M-558.5%	-$164.2M-545.8%	-$167.4M-544.6%	-$172.1M-521.8%	$35.0M-55.2%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

IPI Cash Flow Statement

IPI quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY22DEF 14A	FY21DEF 14A	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$62.5M	$55.8M-23.1%	$72.5M+67.7%	$43.2M-51.3%	$88.8M+12.3%	$79.1M+153.9%	$31.1M-36.9%	$49.4M-23.1%	$64.2M+284.8%	$16.7M+213.2%	-$14.7M-165.0%	$22.7M-82.2%	$127.5M+96.4%	$64.9M-65.4%	$187.8M+8.0%	$173.9M
Depreciation & Amortization	N/A	$40.6M+7.6%	$37.7M-4.3%	$39.4M+12.5%	$35.0M-2.6%	$36.0M-0.4%	$36.1M+5.2%	$34.3M+6.6%	$32.2M-3.0%	$33.2M-18.8%	$40.9M-53.3%	$87.7M+8.8%	$80.6M+31.4%	$61.3M+28.8%	$47.6M+41.8%	$33.6M
Stock-Based Compensation	N/A	$5.1M+41.9%	$3.6M-45.2%	$6.5M+6.2%	$6.2M+104.2%	$3.0M-21.2%	$3.8M-10.7%	$4.3M+2.4%	$4.2M+15.4%	$3.6M+0.7%	$3.6M-29.2%	$5.1M+19.9%	$4.2M-17.3%	$5.1M+0.1%	$5.1M+2.6%	$5.0M
Capital Expenditures	$32.7M	$30.2M-21.9%	$38.7M-40.5%	$65.1M-5.3%	$68.7M+247.1%	$19.8M+20.3%	$16.4M-74.2%	$63.8M+277.9%	$16.9M+25.1%	$13.5M-24.5%	$17.9M-61.1%	$46.0M-25.5%	$61.8M-75.3%	$250.5M+1.7%	$246.4M+81.6%	$135.7M
Free Cash Flow	$29.7M	$25.5M-24.4%	$33.8M+254.8%	-$21.8M-208.5%	$20.1M-66.0%	$59.3M+303.2%	$14.7M+201.7%	-$14.5M-130.5%	$47.3M+1385.1%	$3.2M+109.8%	-$32.6M-39.9%	-$23.3M-135.5%	$65.7M+135.4%	-$185.6M-216.9%	-$58.6M-253.5%	$38.2M
Investing Cash Flow	$39.3M	-$13.3M+55.1%	-$29.5M+50.4%	-$59.6M+24.8%	-$79.2M-434.2%	-$14.8M+2.2%	-$15.2M+81.2%	-$80.6M-380.5%	-$16.8M-113.7%	-$7.9M-124.2%	$32.5M	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$1.8M	-$276K+95.2%	-$5.7M-402.2%	$1.9M+106.8%	-$27.7M+41.4%	-$47.3M-177.4%	-$17.0M-190.7%	$18.8M+222.8%	-$15.3M+2.9%	-$15.8M+17.4%	-$19.1M	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0-100.0%	$56.5M	$0
Share Buybacks	N/A	N/A	$0	$0-100.0%	$22.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$34.4M-14.0%	$23.2M+112.2%	$8.9M+17.8%	-$4.0M+8.2%	$39.9M+44.0%	$10.9M-73.7%	$7.6M+64.2%	-$4.3M-1244.3%
Depreciation & Amortization	$9.3M+4.0%	$10.0M+1.0%	$10.8M+3.1%	$9.5M+4.4%	$8.9M+3.1%	$9.9M+5.0%	$10.5M-3.2%	$9.1M-10.7%
Stock-Based Compensation	$1.5M+15.4%	$516K-53.0%	N/A	$1.4M+600.0%	$1.3M+8.3%	$1.1M-16.9%	N/A	$200K-86.7%
Capital Expenditures	$8.5M+147.2%	$5.1M-33.0%	$10.1M+64.7%	$9.1M-5.6%	$3.4M-69.7%	$7.7M-34.3%	$6.1M-6.9%	$9.6M-41.9%
Free Cash Flow	$25.9M-29.1%	$18.0M+454.4%	-$1.2M-181.9%	-$13.1M+6.4%	$36.5M+122.1%	$3.3M-89.1%	$1.4M+172.8%	-$14.0M+17.3%
Investing Cash Flow	$51.9M+40015.4%	-$5.2M+9.1%	-$2.1M+48.2%	-$5.4M+40.8%	-$130K+98.7%	-$5.7M+13.8%	-$4.0M+18.8%	-$9.1M+42.6%
Financing Cash Flow	-$518K-20.2%	-$2.3M-158.3%	-$493K-88.2%	$1.5M+952.8%	-$431K-35.5%	-$887K+82.1%	-$262K-116.1%	-$180K-109.9%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

IPI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

IPI quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY22DEF 14A	FY21DEF 14A	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	18.4%+7.0pp	11.4%-1.8pp	13.2%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	3.6%+11.4pp	-7.8%+8.0pp	-15.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	3.8%+87.3pp	-83.5%-70.8pp	-12.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	2.3%+47.1pp	-44.9%-39.6pp	-5.2%-15.3pp	10.1%-27.5pp	37.6%+44.3pp	-6.6%-9.7pp	3.1%+0.3pp	2.8%+8.4pp	-5.6%+12.1pp	-17.7%+105.3pp	-123.0%-124.1pp	1.0%-1.4pp	2.4%-7.3pp	9.7%-2.9pp	12.6%
Return on Assets	1.8%+37.6pp	-35.8%-31.1pp	-4.6%-13.7pp	9.1%-23.5pp	32.6%+37.5pp	-4.9%-7.3pp	2.4%+0.1pp	2.2%+6.7pp	-4.4%+7.4pp	-11.9%+70.1pp	-82.0%-82.8pp	0.8%-1.1pp	1.9%-6.9pp	8.8%-2.9pp	11.7%
Current Ratio	5.24+0.4x	4.84+1.6x	3.27-0.2x	3.51+1.4x	2.14+0.1x	2.02+0.4x	1.66-2.5x	4.18+1.2x	2.97-2.2x	5.13+0.1x	5.00+0.7x	4.27+1.7x	2.60+0.2x	2.41-3.2x	5.57
Debt-to-Equity	0.290.0x	0.25+0.1x	0.120.0x	0.110.0x	0.16+0.1x	0.040.0x	0.07-0.1x	0.120.0x	0.12-0.2x	0.370.0x	0.35+0.2x	0.160.0x	0.16+0.2x	0.00-0.1x	0.07
Asset Turnover	0.470.0x	0.43+0.1x	0.36	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	8.6%-4.7pp	13.3%+21.1pp	-7.8%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	25.0%+6.7pp	17.9%+3.8pp	N/A	N/A	18.3%	14.1%	N/A	N/A
Operating Margin	1.6%-0.5pp	6.3%+2.4pp	N/A	N/A	2.1%	3.9%	N/A	N/A
Net Margin	23.4%+18.5pp	7.5%+2.7pp	N/A	N/A	4.8%	4.9%	N/A	N/A
Return on Equity	3.0%+2.4pp	1.5%+0.5pp	N/A	0.8%+1.0pp	0.7%+0.8pp	1.0%+1.4pp	N/A	-0.3%+0.7pp
Return on Assets	2.4%+1.9pp	1.2%+0.4pp	N/A	0.6%+0.8pp	0.5%+0.6pp	0.8%+1.2pp	N/A	-0.2%+0.7pp
Current Ratio	6.33+1.1x	5.26+0.1x	5.24+0.4x	5.24+0.8x	5.28-0.2x	5.17+0.4x	4.84+1.6x	4.41+0.6x
Debt-to-Equity	0.260.0x	0.290.0x	0.290.0x	0.26+0.1x	0.25+0.1x	0.25+0.1x	0.25+0.1x	0.18+0.1x
Asset Turnover	0.100.0x	0.150.0x	N/A	N/A	0.11	0.16	N/A	N/A
FCF Margin	38.9%-15.2pp	18.3%+14.8pp	N/A	N/A	54.1%	3.4%	N/A	N/A

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Intrepid Potash, Inc IPI	FY2025	$298.3M	$11.2M	3.8%	$440.8M	52/100
CVR Partners, LP UAN	FY2025	$606.0M	$98.7M	16.3%	$1.3B	58/100
American Vanguard Corporation AVD	FY2025	$515.1M	-$49.9M	-9.7%	$51.3M	24/100
Bioceres Crop Solutions Corp. BIOX	FY2025	$335.1M	-$58.8M	-17.6%	$21.8M	28/100
ICL Group Ltd. ICL	FY2025	$7.2B	$280.0M	3.9%	$6.5B	24/100

Where Intrepid Potash, Inc Ranks

Frequently Asked Questions

What is Intrepid Potash, Inc's annual revenue?

Intrepid Potash, Inc (IPI) reported $298.3M in total revenue for fiscal year 2025. This represents a 17.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Intrepid Potash, Inc's revenue growing?

Intrepid Potash, Inc (IPI) revenue grew by 17.1% year-over-year, from $254.7M to $298.3M in fiscal year 2025.

Is Intrepid Potash, Inc profitable?

Yes, Intrepid Potash, Inc (IPI) reported a net income of $11.2M in fiscal year 2025, with a net profit margin of 3.8%.

What is Intrepid Potash, Inc's EBITDA?

Intrepid Potash, Inc (IPI) had EBITDA of $51.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Intrepid Potash, Inc's gross margin?

Intrepid Potash, Inc (IPI) had a gross margin of 18.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Intrepid Potash, Inc's operating margin?

Intrepid Potash, Inc (IPI) had an operating margin of 3.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Intrepid Potash, Inc's net profit margin?

Intrepid Potash, Inc (IPI) had a net profit margin of 3.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Intrepid Potash, Inc's return on equity (ROE)?

Intrepid Potash, Inc (IPI) has a return on equity of 2.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Intrepid Potash, Inc's free cash flow?

Intrepid Potash, Inc (IPI) generated $25.5M in free cash flow during fiscal year 2025. This represents a -24.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Intrepid Potash, Inc's operating cash flow?

Intrepid Potash, Inc (IPI) generated $55.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Intrepid Potash, Inc's total assets?

Intrepid Potash, Inc (IPI) had $632.2M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Intrepid Potash, Inc's capital expenditures?

Intrepid Potash, Inc (IPI) invested $30.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Intrepid Potash, Inc have outstanding?

Intrepid Potash, Inc (IPI) had 13M shares outstanding as of fiscal year 2025.

What is Intrepid Potash, Inc's current ratio?

Intrepid Potash, Inc (IPI) had a current ratio of 5.24 as of fiscal year 2025, which is generally considered healthy.

What is Intrepid Potash, Inc's debt-to-equity ratio?

Intrepid Potash, Inc (IPI) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Intrepid Potash, Inc's return on assets (ROA)?

Intrepid Potash, Inc (IPI) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Intrepid Potash, Inc's P/E ratio?

Intrepid Potash, Inc (IPI) trades at 39.4x earnings, its market capitalization divided by net income of $11.2M net income, FY2025. The market capitalization is $440.8M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Intrepid Potash, Inc's price-to-sales ratio?

Intrepid Potash, Inc (IPI) trades at 1.5x sales, its market capitalization divided by revenue of $298.3M revenue, FY2025. The market capitalization is $440.8M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Intrepid Potash, Inc's Altman Z-Score?

Intrepid Potash, Inc (IPI) has an Altman Z-Score of 2.50, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Intrepid Potash, Inc's Piotroski F-Score?

Intrepid Potash, Inc (IPI) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Intrepid Potash, Inc's earnings high quality?

Intrepid Potash, Inc (IPI) has an earnings quality ratio of 4.98x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Intrepid Potash, Inc cover its interest payments?

Intrepid Potash, Inc (IPI) has an interest coverage ratio of 45.97x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Intrepid Potash, Inc?

Intrepid Potash, Inc (IPI) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.