Intrepid Potash Q2 continuing profit rises to $2.4M on slightly lower sales
Intrepid Potash reported second-quarter 2026 results with net income from continuing operations of $2.4 million, up from $1.4 million a year earlier, while sales from continuing operations slipped to $66.7 million from $67.5 million. The company raised its full-year 2026 potash and Trio production guidance, lowered capital expenditure guidance to about $40 million, and expanded its share repurchase authorization to $50 million, though results include a $5.0 million water rights loss contingency.
Key points
- Net income from continuing operations was $2.4 million, or $0.18 per diluted share, versus $1.4 million, or $0.10, in Q2 2025.
- Sales from continuing operations were $66.7 million versus $67.5 million; gross margin rose to $16.6 million from $12.4 million.
- Full-year 2026 potash production guidance was raised to 290-300 thousand tons from 270-285 thousand, and Trio guidance to 295-305 thousand tons from 285-300 thousand.
- The share repurchase authorization was expanded to $50 million, and 2026 capital expenditure guidance was lowered to approximately $40 million from $40-$50 million.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
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