Intrepid Potash Q3 net income from continuing operations more than doubles to $1.73 million
IPI•Intrepid Potash reported third-quarter 2026 net income from continuing operations of $1.73 million, more than double a year earlier, while total net income fell 54% to the same amount. Sales rose to $51.03 million, and the company increased full-year Trio production and capital expenditure guidance.
1. Quarterly results and guidance
Intrepid Potash's third-quarter 2026 net income from continuing operations more than doubled year over year to $1.73 million, while overall net income fell 54% to $1.73 million. Sales rose to $51.03 million as higher realized prices offset lower potash sales volumes. The company raised full-year Trio production guidance to 305,000–315,000 tons and capital expenditure guidance to approximately $45 million.
2. Potential facility funding
Proposed USDA matching funding of approximately $139 million would support a potential sulfate of potash facility. Intrepid Potash is targeting a final investment decision in late 2027.
