earnings
confidence high
sentiment positive
materiality 0.75
Intrepid Potash Q3 net income $3.7M on strong pricing; Trio margins surge
Intrepid Potash, Inc.
2025-Q3 EPS reported
$0.88
- Net income $3.7M ($0.28 diluted EPS) vs loss $1.8M in Q3 2024; adjusted net income $1.5M ($0.11/sh).
- Total sales $53.2M, down 7% YoY on lower oilfield solutions revenue; gross margin rose to $10.6M from $7.7M.
- Potash sales volumes up 15% to 62K tons; avg realized price $381/ton (+7%); production delayed for evaporation.
- Trio avg price $402/ton (+29% YoY) due to tight sulfate supply; gross margin $4.4M vs $0.6M; COGS per ton improved.
- Adjusted EBITDA $12.0M (up from $10.0M); 2025 capex guidance narrowed to $30-34M; HB AMAX permits expected Q1 2026.