Intrepid Potash (IPI) Operating Expenses (2009 - 2026)
Intrepid Potash's (IPI) quarterly Operating Expenses came in at $10.0 million in Q2 2026, up 12.29% year-over-year from $8.9 million in Q2 2025, and down 11.1% quarter-over-quarter from $11.3 million in Q1 2026.
Analysis
Intrepid Potash (IPI) Operating Expenses (2009 - 2026) Analysis & Trends
Intrepid Potash (IPI) has reported Operating Expenses for 18 consecutive years, with $10.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 12.29% year-over-year to $10.0 million in Q2 2026; TTM through Jun 2026 was $39.9 million, a 14.73% increase from a year earlier, with the FY2025 full-year figure at $36.7 million, up 11.34% from the prior year.
- Operating Expenses was $10.0 million for Q2 2026 at Intrepid Potash, down from $11.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $11.3 million in Q1 2026 and troughed at $6.8 million in Q1 2022.
- A 5-year average of $8.6 million and a median of $8.7 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 61.98% in 2022 and dropped 14.17% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $9.2 million in 2022, then dropped by 14.17% to $7.9 million in 2023, then decreased by 5.22% to $7.5 million in 2024, then grew by 27.39% to $9.6 million in 2025, then grew by 4.65% to $10.0 million in 2026.
- The last three Operating Expenses figures came in at $10.0 million (Q2 2026), $11.3 million (Q1 2026), and $9.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 38.32 Bn | 37.40 Bn | 3.25 Bn | 235.00 Mn |
| 2 | CF Industries Holdings | 20.76 Bn | 18.28 Bn | 1.15 Bn | 89.00 Mn |
| 3 | Mosaic | 8.08 Bn | 7.79 Bn | 214.70 Mn | 131.60 Mn |
| 4 | Icl | 7.41 Bn | 6.75 Bn | 664.00 Mn | - |
| 5 | Cvr Partners | 1.43 Bn | 1.29 Bn | 93.22 Mn | 7.54 Mn |
| 6 | Lsb Industries | 841.38 Mn | 623.02 Mn | 11.46 Mn | -2.15 Mn |
| 7 | Intrepid Potash | 531.63 Mn | 346.63 Mn | 16.65 Mn | 10.02 Mn |
| 8 | Intelligent Hotel | 180.49 Mn | 180.49 Mn | - | 22,729.00 |
| 9 | Brazil Potash | 104.32 Mn | 28.61 Mn | - | 459,901.00 |
| 10 | Bion Environmental Technologies | 9.74 Mn | 9.69 Mn | - | 307,691.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.02 Mn |
| Mar 31, 2026 | 11.27 Mn |
| Dec 31, 2025 | 9.58 Mn |
| Sep 30, 2025 | 9.00 Mn |
| Jun 30, 2025 | 8.93 Mn |
| Mar 31, 2025 | 9.16 Mn |
| Dec 31, 2024 | 7.52 Mn |
| Sep 30, 2024 | 9.15 Mn |
| Jun 30, 2024 | 7.94 Mn |
| Mar 31, 2024 | 8.36 Mn |
| Dec 31, 2023 | 7.93 Mn |
| Sep 30, 2023 | 7.69 Mn |
| Jun 30, 2023 | 7.95 Mn |
| Mar 31, 2023 | 8.86 Mn |
| Dec 31, 2022 | 9.24 Mn |
| Sep 30, 2022 | 8.55 Mn |
| Jun 30, 2022 | 7.22 Mn |
| Mar 31, 2022 | 6.79 Mn |
| Dec 31, 2021 | 5.71 Mn |
| Sep 30, 2021 | 5.89 Mn |