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Companies / Materials / Intrepid Potash, Inc.
IPI

Intrepid Potash, Inc.

MaterialsMining
Ticker IPIDENVER, COFiscal year ends DecemberBook value per share $38.98Diluted shares 13.3M

Intrepid Potash, Inc. (NYSE: IPI) is a U.S. mineral producer serving agriculture, animal feed, and oil and gas customers. Its main products are potash, a crop nutrient and industrial and feed ingredient, and Trio®, a specialty fertilizer containing potassium, magnesium, and sulfur; it also sells water, salt, magnesium… From the company’s description.

Over the twelve months to Sep 30, 2026, Intrepid Potash, Inc. reported revenue of $292.28M, up 5.0% from a year earlier, and net income of $24.30M. Its operating margin was 2.2%, and operations generated $61.82M in cash. In fiscal 2025, it reported revenue of $298.33M, up 17.1% from fiscal 2024, and net income of $11.19M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$298.33MFY2025
+17.1% year over year
Last 12 mo $292.28M
3.57%FY2025
+11.4 percentage points
Last 12 mo 2.24%
$11.19MFY2025
+105.3% year over year
Last 12 mo $24.30M
2.64%FY2025
+47.5 percentage points
Last 12 mo 4.69%
Cash & financing
$55.78MFY2025
−23.1% year over year
Last 12 mo $61.82M
$25.54MFY2025
−24.4% year over year
Last 12 mo $26.84M
0.00FY2025
Was 0.00× a year earlier
Last 12 mo 0.00
13.2MFY2025
+2.3% year over year
Last 12 mo 13.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Intrepid Potash, Inc. does

In the company’s own words

Intrepid Potash, Inc. (NYSE: IPI) is a U.S. mineral producer serving agriculture, animal feed, and oil and gas customers. Its main products are potash, a crop nutrient and industrial and feed ingredient, and Trio®, a specialty fertilizer containing potassium, magnesium, and sulfur; it also sells water, salt, magnesium chloride, brines, and other oilfield products and services. Potash and Trio® are produced at mines in New Mexico and Utah, while oilfield offerings include water, caliche, brine, surface-use and right-of-way agreements, and a produced-water royalty. In 2025, Trio® accounted for 48% of total sales, potash 39%, and water 1%. The company reports Potash, Trio®, and Oilfield Solutions as operating segments, with byproducts included in the segment that produces them. Its customers include fertilizer distributors, cooperatives, retailers and dealers, feed and industrial distributors, end users, and oil and gas companies. Intrepid had 478 employees as of December 31, 2025. Its website is www.intrepidpotash.com.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
DENVER, CO
Fiscal year end
December
CIK
1421461
SIC
1400

Financial performance, year by year

Fiscal 2011–2025 · USD
$-622.39M$-329.56M$-36.73M$256.10M$548.93M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Intrepid Potash, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

186
funds hold it
0 of 35
superinvestors hold it
$131.64M
held by funds, at market
27.0%
of shares held by funds

Largest fund holders · Intrepid Potash, Inc.’s weight in each

Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
First Eagle Small Cap Opportunity Fund
FESRX · First Eagle Funds
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Intrepid Potash, Inc. and its peers compare on margins and cash generation over ten years?”
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