---
schema_version: "secwatch.filing_event.v1"
accession: "0001421461-23-000025"
form_type: "8-K"
ticker: "IPI"
cik: "0001421461"
company_name: "Intrepid Potash, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:03:30.930273+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Intrepid Potash Q3 net loss $7.2M; sales down 27% YoY on lower potash pricing

## Summary
- Total sales $54.5M, down 27% from $74.8M in Q3 2022 due to lower potash and Trio pricing.
- Net loss $7.2M ($0.56/diluted share) vs net income $13.1M ($0.97) in prior year; adjusted EBITDA $2.2M vs $27.0M.
- Potash average net realized price fell to $433/ton from $734/ton; Trio price fell to $298/ton from $488/ton.
- Commissioned Eddy Shaft Brine Extraction project in Oct; expects production contributions from H2 2024.
- Full-year 2023 capex expected $65-75M; liquidity $153M as of Oct 31.

## SEC filing metadata
- accession: 0001421461-23-000025
- form_type: 8-K
- ticker: IPI
- cik: 0001421461
- company_name: Intrepid Potash, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1421461/000142146123000025/0001421461-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1421461/000142146123000025/ipi-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001421461-23-000025
- JSON: https://secwatch.observer/filing/0001421461-23-000025.json
- Plain text: https://secwatch.observer/filing/0001421461-23-000025.txt

## Key facts
- Earnings Releases
  Intrepid Potash, Inc. reported third quarter of 2023 results: net income Net loss of $7.2 million (or $0.56 per diluted share), EPS $0.56 per diluted share.
  - Period: third quarter of 2023
  - Net income: Net loss of $7.2 million (or $0.56 per diluted share)
  - EPS: $0.56 per diluted share
  - Result: reported results
  source text: Total sales of $54.5 million, which compares to $74.8 million in the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1421461/000142146123000025/0001421461-23-000025-index.htm
- Earnings Releases
  Intrepid Potash, Inc. reported third quarter of 2023 results: net income Net loss of $7.2 million (or $0.56 per diluted share), EPS $0.56 per diluted share.
  - Period: third quarter of 2023
  - Net income: Net loss of $7.2 million (or $0.56 per diluted share)
  - EPS: $0.56 per diluted share
  - Result: reported results
  source text: Net loss of $7.2 million (or $0.56 per diluted share), which compares to net income of $13.1 million (or $0.97 per diluted share) in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1421461/000142146123000025/0001421461-23-000025-index.htm

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