Intrepid Potash (IPI) Operating Expenses (2009 - 2026)
Intrepid Potash (IPI) reported 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 18 years of Operating Expenses data on file, last reported at $11.3 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $11.3 million, up 23.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.8 million (up 14.98% YoY), and the FY2025 annual result was $36.7 million, up 11.34% from the prior year.
- Operating Expenses improved to $11.3 million in Q1 2026 per IPI's latest filing, from $9.6 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 $8.5 million and a median of $8.6 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 61.98% in 2022, then declined 14.17% in 2023.
- A 5-year view of Operating Expenses shows it stood at $9.2 million in 2022, then declined by 14.17% to $7.9 million in 2023, then slipped by 5.22% to $7.5 million in 2024, then increased by 27.39% to $9.6 million in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 164.00 Mn |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 1.29 Bn |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 103.00 Mn |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | 135.90 Mn |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 201.40 Mn |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | 839.60 Mn |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 9.03 Mn |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | 11.27 Mn |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 32.98 Mn |
| 10 | Bioceres Crop Solutions | 26.72 Mn | 40.72 Mn | 12.70 Mn | -18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 6.61 Mn |