Intrepid Potash (IPI) Q3 FY2026 earnings: revenue $51 million, up 0.4% on the year
Intrepid Potash, Inc. (IPI) reported revenue of $51 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.4% on the same quarter a year earlier. Net income was $2 million, down 53.8% on the year, and diluted earnings per share $0.13. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$51 million
+0.4% on the year · -23.5% on the quarter
Q3 FY2018Q3 FY2026
Operating margin
0.4%
6.6% a year earlier
Q3 FY2018Q3 FY2026
Net income
$2 million
-53.8% on the year · -88.9% on the quarter
Q3 FY2018Q3 FY2026
Diluted EPS
$0.13
-53.6% on the year · -88.9% on the quarter
Q3 FY2018Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 2 raised, 12 new, 1 kept.
Sales held near prior-year level: Sales were $51.0 million, against $50.8 million in the prior-year quarter.
Net income and EPS rose: Net income from continuing operations was $1.7 million, or $0.13 per diluted share, against $0.7 million, or $0.05 per diluted share, a year earlier.
Potash production fell on delayed harvest: Potash production fell year over year after management delayed the start of the Moab harvest season to allow additional evaporation and support higher production over time.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
-4.6
34.4
-4.0
Capital expenditure
11.3
8.5
7.7
+33.6%
+45.9%
Free cash flow
-15.9
25.9
-11.7
Free cash flow margin
-31.2%
38.8%
-23.1%
Cash from investing
-27.0
51.9
-5.4
Cash from financing
-1.1
-0.5
1.5
Depreciation and amortisation
9.1
9.3
9.5
-2.2%
-4.3%
Share-based compensation
1.5
1.5
1.4
0.0%
+7.1%
Diluted shares, weighted
13m
13m
13m
+0.1%
+0.7%
Shares outstanding at period end
13m
13m
13m
-0.2%
+0.5%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
518
515
491
+0.5%
+5.5%
Debt
0.0
0.0
0.0
Operating lease liabilities
0.8
1.1
1.8
-23.2%
-54.2%
Finance lease liabilities
2.0
2.2
1.9
-9.4%
+2.6%
Other liabilities
134
131
122
+1.7%
+9.5%
Total liabilities and equity
654
650
617
+0.6%
+6.1%
Fixed assets
297
295
334
+0.7%
-11.0%
Intangible assets
n/a
n/a
4.5
Investments
5.6
0.2
0.2
+3,248.2%
+2,283.5%
Cash and equivalents
152
185
77.2
-17.7%
+97.3%
Receivables
26.5
19.0
25.0
+39.8%
+6.0%
Inventory
114
105
111
+8.4%
+2.5%
Other assets
58.5
45.5
64.6
+28.7%
-9.3%
Total assets
654
650
617
+0.6%
+6.1%
Questions
What was Intrepid Potash's revenue in Q3 FY2026?
Intrepid Potash (IPI) reported revenue of $51 million for Q3 FY2026, the quarter ended 30 September 2026, up 0.4% on the same quarter a year earlier.
How much did Intrepid Potash earn in Q3 FY2026?
Net income for Q3 FY2026 was $2 million, down 53.8% on the year, and diluted earnings per share $0.13.
When did Intrepid Potash report Q3 FY2026 results?
Intrepid Potash filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless. EPS is as filed for each quarter. A split or a bonus issue changes the share count, so quarters before it are on the old count.
10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.