---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-22-000017"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T02:00:09.801596+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Intrepid Potash Q1 net income $31.4M ($2.31/sh); adjusted EBITDA $50.2M, sales up 46% YoY

## Summary
- Net income $31.4M ($2.31 EPS) vs $2.5M ($0.18) in Q1 2021; adjusted EBITDA $50.2M.
- Sales $104.4M, up 46% from $71.5M; gross margin $47.2M vs $9.1M.
- Potash avg realized price $703/ton (+149% YoY) despite 41% volume decline to 69k tons.
- Trio avg realized price $469/ton (+101% YoY); Trio gross margin $16.1M vs ($70k).
- Liquidity ~$154M ($80M cash, $74M revolver); no debt outstanding.

## SEC filing metadata
- accession: 0001421461-22-000017
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146122000017/0001421461-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146122000017/ipi-20220502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-22-000017
- JSON: https://secwatch.observer/filing/0001421461-22-000017.json
- Plain text: https://secwatch.observer/filing/0001421461-22-000017.txt

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