Filing Flows › Intrepid Potash (IPI) › Guidance & outlook
Intrepid Potash (IPI) guidance and outlook
Intrepid Potash (IPI) raised its guidance on Nov 3, 2026: Capital expenditures $45.0M for FY2026. Intrepid Potash's 10-Q filed Nov 4, 2026 makes 25 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Capital expenditures | FY2026 | $45.0M | raised |
From the earnings release filed Nov 3, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 4, 2026
- • the costs of, and our ability to successfully execute, any strategic projects;
- Our financial results have been, or are expected to be, impacted by several significant trends and activities, which are described below.
- We expect that the trends described below may continue to impact our results of operations, cash flows, and financial position.
- We expect to realize the most recent $20-per-ton increase on incremental fall sales.
- Following the close of the fall fill order window, we increased the Trio ® list price by $30 per ton to $440 per ton, reflecting our constructive market outlook.
- We expect the higher price to be reflected in remaining spot sales during the fourth quarter.
- In turn, we generally have increased inventory levels in the third and fourth quarters in anticipation of expected demand for the following year.
- Based on our ongoing engagement with the NMSLO and the history of our operations, we believe we will be successful in obtaining a long‑term renewal of the easement.
- In July 2025, we drilled a sample well into one of the lowest sections of the AMAX mine; however, the brine pool anticipated based on our imaging was not present.
- During 2026, we continued permitting activities and the technical evaluation of AMAX project, and we made the decision to defer additional capital investment until at least 2027.
- While the AMAX cavern remains a key part of our HB mine and we remain confident in the potash reserve in place, we have adequate brine sources to maintain production at our HB facility for the next few years.
- Before committing additional capital, we are working to ensure we have adequate brine injection volumes to flood the AMAX cavern, which will be the largest cavern in the HB system, and the necessary bitterns management system in place to maximize the full potential of this additional cavern.
Intrepid Potash's latest quarter
Intrepid Potash, Q3 2026: revenue $51.0M (+0.4% year over year), operating margin 0.4%, net earnings $1.7M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.
Questions
Did Intrepid Potash raise or lower its guidance?
Intrepid Potash (IPI) raised its guidance on Nov 3, 2026: Capital expenditures $45.0M for FY2026.
What does Intrepid Potash expect?
• the costs of, and our ability to successfully execute, any strategic projects; Our financial results have been, or are expected to be, impacted by several significant trends and activities, which are described below. We expect that the trends described below may continue to impact our results of operations, cash flows, and financial position.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.