---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-22-000031"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:13:13.802969+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intrepid Potash Q3 net income $13.1M ($0.97 EPS), sales up 26% to $74.8M

## Summary
- Net income $13.1M ($0.97 diluted EPS) vs $4.0M ($0.30) in Q3 2021; adjusted EBITDA $27.0M, up $13.9M YoY.
- Potash avg realized price $734/ton (+93% YoY) offset 26% volume decline to 46k tons; Trio avg price $488/ton (+45%) on 39k tons.
- Oilfield solutions sales $8.4M (+26%) but gross margin fell to $0.4M from $0.7M due to higher costs.
- Liquidity ~$195M: $46M cash, $149M on amended revolver ($150M, extended to Aug 2027); refunded $32.6M prepayment.
- Full-year 2022 capex guidance $65-75M; repurchased 71k shares under $35M program.

## SEC filing metadata
- accession: 0001421461-22-000031
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146122000031/0001421461-22-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146122000031/ipi-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-22-000031
- JSON: https://secwatch.observer/filing/0001421461-22-000031.json
- Plain text: https://secwatch.observer/filing/0001421461-22-000031.txt

## Key facts
- Earnings Releases
  Intrepid Potash, Inc. reported third quarter of 2022 results: revenue $74.8 million, net income $13.1 million, EPS $0.97 per diluted share.
  - Period: third quarter of 2022
  - Revenue: $74.8 million
  - Net income: $13.1 million
  - EPS: $0.97 per diluted share
  - Result: reported results
  source text: Intrepid generated third quarter 2022 sales of $74.8 million, which compares to third quarter 2021 sales of $59.2 million. Consolidated gross margin in third quarter of 2022 totaled $26.8 million, while net income totaled $13.1 million, or $0.97 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1421461/000142146122000031/0001421461-22-000031-index.htm

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