Intrepid Potash (IPI) Operating Expenses (2009 - 2026)
Intrepid Potash (IPI) posted quarterly Operating Expenses of $11.3 million for Q1 2026, up 23.13% year-over-year from $9.2 million in Q1 2025, and up 17.71% quarter-over-quarter from $9.6 million in Q4 2025.
Intrepid Potash (IPI) Operating Expenses (2009 - 2026) Analysis & Trends
Intrepid Potash (IPI) has reported Operating Expenses for 18 consecutive years, with $11.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 23.13% year-over-year to $11.3 million; the TTM figure through Mar 2026 stood at $38.8 million (up 14.98% YoY), while the FY2025 annual figure was $36.7 million, up 11.34% from the prior year.
- Operating Expenses advanced to $11.3 million in Q1 2026 per IPI's latest filing, from $9.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $11.3 million in Q1 2026 and bottomed at $6.8 million in Q1 2022.
- Historically, Operating Expenses has averaged $8.5 million across 5 years, with a median of $8.6 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 61.98% — and 2023, when it declined 14.17%.
- Intrepid Potash's Operating Expenses stood at $9.2 million in 2022, then fell by 14.17% to $7.9 million in 2023, then dropped by 5.22% to $7.5 million in 2024, then rose by 27.39% to $9.6 million in 2025, then rose by 17.71% to $11.3 million in 2026.
- Business Quant data shows IPI's Operating Expenses at $11.3 million in Q1 2026, $9.6 million in Q4 2025, and $9.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 54.46 Bn | 52.10 Bn | 3.66 Bn | 1.60 Bn |
| 2 | Nutrien | 36.04 Bn | 35.12 Bn | 3.25 Bn | 235.00 Mn |
| 3 | CF Industries Holdings | 19.99 Bn | 17.51 Bn | 1.15 Bn | 89.00 Mn |
| 4 | Mosaic | 7.80 Bn | 7.51 Bn | 214.70 Mn | 131.60 Mn |
| 5 | Icl | 7.48 Bn | 6.82 Bn | 664.00 Mn | - |
| 6 | Scotts Miracle-Gro | 3.56 Bn | 3.53 Bn | 365.90 Mn | 192.60 Mn |
| 7 | Fmc | 1.40 Bn | 920.40 Mn | 342.10 Mn | 986.80 Mn |
| 8 | Cvr Partners | 1.34 Bn | 1.20 Bn | 93.22 Mn | 7.54 Mn |
| 9 | Intrepid Potash | 516.32 Mn | 331.33 Mn | 16.65 Mn | 10.02 Mn |
| 10 | American Vanguard | 66.47 Mn | 22.56 Mn | 34.71 Mn | 33.11 Mn |
Historic Data
Download 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 | 8.97 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 |