Idaho Strategic Resources, Inc.IDREarnings & Financial Report
Idaho Strategic Resources, Inc. is a U.S.-based natural resource company focused on the exploration, development, and production of critical and strategic minerals. Primarily operating in Idaho, it targets rare earth elements, gold, silver, and other high-demand minerals, supplying products to the clean energy, defense, and industrial manufacturing sectors across North America.
Revenue
$5.9M
Gross Profit
$2.8M
Operating Profit
$2.1M
Net Profit
$2.2M
Gross Margin
48.1%
Operating Margin
36.3%
Net Margin
36.8%
YoY Growth
76.5%
EPS
$0.17
Idaho Strategic Resources, Inc. Q1 FY2024 Financial Summary
Idaho Strategic Resources, Inc. reported revenue of $5.9M (up 76.5% YoY) for Q1 FY2024, with a net profit of $2.2M (up 4813.6% YoY) (36.8% margin). Cost of goods sold was $3.1M, operating expenses totaled $696.3K.
Key Financial Metrics
| Total Revenue | $5.9M |
|---|---|
| Net Profit | $2.2M |
| Gross Margin | 48.1% |
| Operating Margin | 36.3% |
| Report Period | Q1 FY2024 |
Idaho Strategic Resources, Inc. Annual Revenue by Year
Idaho Strategic Resources, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $42.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $42.4M |
| 2024 | $25.8M |
| 2023 | $13.7M |
| 2022 | $9.6M |
Idaho Strategic Resources, Inc. Quarterly Revenue & Net Profit History
Idaho Strategic Resources, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $14.6M | +92.0% | $9.4M | 64.3% |
| Q3 FY2025 | $11.1M | +80.1% | $3.0M | 26.8% |
| Q2 FY2025 | $9.5M | +54.7% | $2.8M | 29.2% |
| Q1 FY2025 | $7.3M | +23.4% | $1.6M | 22.1% |
| Q4 FY2024 | $7.6M | +100.9% | $2.9M | 38.5% |
| Q3 FY2024 | $6.2M | +86.4% | $1.6M | 25.8% |
| Q2 FY2024 | $6.1M | +89.3% | $2.2M | 35.2% |
| Q1 FY2024 | $5.9M | +76.5% | $2.2M | 36.8% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.9M | $6.1M | $6.2M | $7.6M | $7.3M | $9.5M | $11.1M | $14.6M |
| YoY Growth | 76.5% | 89.3% | 86.4% | 100.9% | 23.4% | 54.7% | 80.1% | 92.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $28.7M | $32.2M | $40.8M | $44.0M | $48.1M | $57.7M | $83.1M | $116.2M |
| Liabilities | $4.3M | $4.0M | $5.0M | $3.6M | $5.6M | $5.7M | $6.2M | $5.4M |
| Equity | $21.6M | $25.4M | $33.1M | $37.7M | $39.8M | $49.3M | $74.3M | $108.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.6M | $2.6M | $2.5M | $3.2M | $2.4M | $3.5M | $2.4M | $10.7M |