---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-21-000022"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2021-08-02T23:59:59+00:00"
generated_at: "2026-06-29T23:51:54.950432+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Intrepid Q2 net income $19.5M; potash sales +54% YoY; debt reduced

## Summary
- Net income $19.5M ($1.46/sh); adj. net income $7.4M ($0.55/sh); gross margin $14.2M vs. deficit year ago.
- Potash sales $37.7M (+54% YoY); volume 92k tons (+24%); avg price $319/ton (+25%).
- Trio sales $26.9M (+40% YoY); volume 75k tons (+17%); avg price $271/ton (+30%).
- Repaid remaining $15M Senior Notes; $10M PPP loan forgiven; cash $53M; revolver debt $30M.
- Oilfield Solutions sales $3.3M; gross margin $0.9M; expects steady growth H2 2021.

## SEC filing metadata
- accession: 0001421461-21-000022
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2021-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146121000022/0001421461-21-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146121000022/ipi-20210802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-21-000022
- JSON: https://secwatch.observer/filing/0001421461-21-000022.json
- Plain text: https://secwatch.observer/filing/0001421461-21-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.