Intrepid Potash Q2 FY26 net income from continuing operations rises 71.43% to $2.4 million; sales from continuing operations slip 1.19% to $66.7 million - IPI News | Rallies
Intrepid Potash Q2 FY26 net income from continuing operations rises 71.43% to $2.4 million; sales from continuing operations slip 1.19% to $66.7 million
Intrepid Potash posted GAAP net income of $15.6 million, up from $3.3 million in the prior-year quarter, helped by a $13.2 million gain.
GAAP net income from continuing operations rose to $2.4 million from $1.4 million; net sales from continuing operations edged down to $66.7 million.
Gross margin widened 35% to $16.6 million, reflecting supportive pricing and improved Trio margins; adjusted EBITDA from continuing operations climbed to $17.5 million from $13.8 million.
Potash sales volume fell 14% to 59,000 tons; average net realized sales price increased 8% to $391 per ton.
Updated full-year guidance
Full-year 2026 potash production guidance increased to 290,000-300,000 tons.
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