Intrepid Potash (IPI) Gross Margin (2009 - 2026)
Intrepid Potash (IPI) recorded Gross Margin of 24.97% in Q2 2026, up 6.66 percentage points from 18.30% a year earlier and up 7.06 percentage points from the prior quarter.
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Analysis
Intrepid Potash (IPI) Gross Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Intrepid Potash's Gross Margin came in at 20.47% as of Jun 30, 2026, up 5.68 percentage points year-over-year; for FY2025, it was 18.37%, up 6.96 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +13.03 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 11.42% in FY2024 (-1.78 pp), 13.20% in FY2023 (-28.65 pp), 41.85% in FY2022 (+21.24 pp) and 20.61% in FY2021 (+15.26 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q4 2022.
- On a year-over-year basis, Gross Margin has increased for eight consecutive quarters, with an average year-over-year change of +6.69 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 32.44 percentage points in Q1 2022, against a drop of 34.91 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.91% (Q1 2026), 20.28% (Q4 2025) and 19.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 32.77% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 57.39% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 22.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 30.07% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 46.61% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 24.57% |
| 10 | Intrepid Potash | 423.82 Mn | -21.18 Mn | 16.65 Mn | 24.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.97% |
| Mar 31, 2026 | 17.91% |
| Dec 31, 2025 | 20.28% |
| Sep 30, 2025 | 19.85% |
| Jun 30, 2025 | 18.30% |
| Mar 31, 2025 | 14.09% |
| Dec 31, 2024 | 13.11% |
| Sep 30, 2024 | 13.42% |
| Jun 30, 2024 | 12.28% |
| Mar 31, 2024 | 8.10% |
| Dec 31, 2023 | 8.19% |
| Sep 30, 2023 | 0.90% |
| Jun 30, 2023 | 18.96% |
| Mar 31, 2023 | 18.79% |
| Dec 31, 2022 | 38.30% |
| Sep 30, 2022 | 35.81% |
| Jun 30, 2022 | 45.58% |
| Mar 31, 2022 | 45.19% |
| Dec 31, 2021 | 30.31% |
| Sep 30, 2021 | 17.93% |
API Access
Intrepid Potash Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();