earnings
confidence high
sentiment positive
materiality 0.75
Intrepid Q2 net income from cont ops $2.4M, adj EPS $0.56; raises potash & Trio production guidance
Intrepid Potash, Inc.
- Q2 sales from continuing ops $66.7M (flat YoY); gross margin $16.6M (+35% YoY).
- Adjusted EBITDA from cont ops $17.5M vs $13.8M; adj net income $7.4M ($0.56/diluted share).
- Potash sales volume 59K tons (-14% YoY); avg price $391/ton (+8%); Trio volume flat at 70K tons, avg price $389/ton (+6%).
- Raised FY2026 potash production guidance to 290-300K tons (from 270-285K) and Trio to 295-305K tons (from 285-300K).
- Completed sale of Intrepid South for $68.9M; cash $185M; share repurchase authorization expanded to $50M.