Earnings Releases·Nov 3, 2026, 4:34 PM ET

Intrepid Potash, Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 net income from continuing operations rose to $1.7 million ($0.13/share) from $0.7 million ($0.05/share) in the prior-year period, while Adjusted EBITDA increased to $11.7 million from $10.7 million; full-year 2026 net income reached $11.0 million compared to $5.5 million in 2025.
Full-year 2026 Trio® production guidance was raised to 305,000–315,000 tons (from 295,000–305,000 tons) and capital expenditure guidance increased to approximately $45 million (from $40 million), with 2027 Trio® production expected at 320,000–330,000 tons.
The Trio® segment drove margin expansion with a 33% gross margin increase to $5.8 million, while the Potash segment saw volume decline to 59,000 tons and gross margin fall to $3.6 million due to delayed harvests and higher COGS.
Capital return activity included $3.0 million in share repurchases in Q3 2026 and post-quarter-end, supported by an expanded $50 million authorization, alongside a U.S. Department of Agriculture selection for approximately $139 million in proposed matching funding for a new sulfate of potash facility.