Filing Flows › Idaho Strategic Resources (IDR) › Q2 2026 › vs Q1 2026
Idaho Strategic Resources (IDR) Q2 2026 vs Q1 2026 (quarter over quarter)
Idaho Strategic Resources's revenue fell $3.7M (-26%) from $14.5M in Q1 2026 to $10.7M in Q2 2026. Gross margin 56.2% against 66.0% (-9.8 pts).
Idaho Strategic Resources, Q2 2026: revenue $10.7M (+13% year over year), operating margin 34.1%, net earnings $3.7M, operating cash flow $4.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 56.2% | 66.0% | -9.8 pts |
| Operating margin | 34.1% | 52.4% | -18.2 pts |
| Net margin | 34.0% | 44.1% | -10.1 pts |
| Free cash flow margin | 18.5% | 41.0% | -22.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $10.7M | $14.5M | −$3.7M | -26% |
| Gross profit | $6.0M | $9.6M | −$3.5M | -37% |
| Cost of revenue | $4.7M | $4.9M | −$217K | -4% |
| Other income, net | $692K | $146K | $546K | +373% |
| Operating profit | $3.7M | $7.6M | −$3.9M | -52% |
| Operating expenses | $2.4M | $2.0M | $386K | +19% |
| Pre-tax earnings | $4.4M | $7.7M | −$3.4M | -44% |
| General & admin | $296K | $223K | $73K | +33% |
| Other operating costs | $2.1M | $1.8M | $313K | +18% |
| Loss borne by minority interests | $24K | $19K | $5K | +26% |
| Net earnings | $3.7M | $6.4M | −$2.7M | -43% |
| Income tax | $727K | $1.4M | −$632K | -47% |
| Depreciation & amortization | $846K | $714K | $132K | +18% |
| Share-based compensation | $139K | $139K | $0 | 0% |
| Working capital & other | $309K | $1.5M | −$1.2M | -80% |
| Operating cash flow | $4.9M | $8.8M | −$3.8M | -44% |
| Free cash flow (OCF − capex) | $2.0M | $5.9M | −$4.0M | -67% |
| Capital expenditures | $3.0M | $2.8M | $117K | +4% |
Questions
How much did Idaho Strategic Resources's revenue grow quarter over quarter in Q2 2026?
Idaho Strategic Resources's revenue fell $3.7M (-26%) from $14.5M in Q1 2026 to $10.7M in Q2 2026. Gross margin 56.2% against 66.0% (-9.8 pts).