Intrepid Potash, Inc. (IPI)

Intrepid Potash Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	222.73	204.45	230.62	293.68	223.16	150.39
Revenue Growth (YoY)	7.93%	-11.34%	-21.48%	31.60%	48.39%	-12.26%
Cost of Revenue	172.18	171.42	187.28	152.28	167.39	135.84
Gross Profit	50.55	33.04	43.34	141.41	55.76	14.55
Selling, General & Admin	34.65	32.97	32.42	31.8	24	25.48
Other Operating Expenses	5.06	3.31	4.3	6.7	2.04	2.47
Operating Expenses	39.71	36.28	36.72	38.5	26.03	27.95
Operating Income	10.84	-3.24	6.62	102.91	29.73	-13.4
Interest Expense	-0.15	-0.11	-	-0.1	-1.4	-4.29
Interest & Investment Income	2.19	1.71	0.3	0.18	-	-
Earnings From Equity Investments	-0.36	-0.3	-0.49	0.69	-	-
Other Non Operating Income (Expenses)	-1.13	0.05	0.1	0.31	-0.02	0.38
EBT Excluding Unusual Items	11.39	-1.9	6.53	103.98	28.31	-17.31
Gain (Loss) on Sale of Assets	2.37	-1.95	-0.81	-7.47	2.54	4.25
Asset Writedown	-13.28	-14.67	-49.78	-	-	-4.01
Legal Settlements	-	-	-	-	-	-10.08
Other Unusual Items	-	-	-	-	10.11	-
Pretax Income	0.47	-18.51	-44.06	96.51	40.97	-27.15
Income Tax Expense	195.91	194.33	-8.39	24.29	-208.87	0.01
Net Income	-195.44	-212.85	-35.67	72.22	249.83	-27.15
Net Income to Common	-195.44	-212.85	-35.67	72.22	249.83	-27.15
Net Income Growth	-	-	-	-71.09%	-	-
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	0.84%	0.93%	-5.14%	0.46%	3.06%	-0.85%
EPS (Basic)	-15.08	-16.53	-2.80	5.49	19.07	-2.09
EPS (Diluted)	-15.09	-16.53	-2.80	5.37	18.66	-2.09
EPS Growth	-	-	-	-71.22%	-	-
Free Cash Flow	28.15	33.79	-21.83	20.13	59.28	14.7
Free Cash Flow Per Share	2.17	2.62	-1.71	1.50	4.43	1.13
Gross Margin	22.69%	16.16%	18.79%	48.15%	24.99%	9.67%
Operating Margin	4.87%	-1.58%	2.87%	35.04%	13.32%	-8.91%
Profit Margin	-87.75%	-104.10%	-15.47%	24.59%	111.95%	-18.06%
Free Cash Flow Margin	12.64%	16.53%	-9.47%	6.85%	26.56%	9.78%
EBITDA	52.32	35.59	46.58	138.17	65.34	22.31
EBITDA Margin	23.49%	17.41%	20.20%	47.05%	29.28%	14.83%
D&A For EBITDA	41.48	38.83	39.96	35.26	35.61	35.71
EBIT	10.84	-3.24	6.62	102.91	29.73	-13.4
EBIT Margin	4.87%	-1.58%	2.87%	35.04%	13.32%	-8.91%
Effective Tax Rate	41331.01%	-	-	25.17%	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q