NYSE$IDR
Idaho Strategic Resources Inc · Q1 2026 earnings
Q1 2026 earnings ·
Briefing
Idaho Strategic Resources reported Q1 2026 revenue of $14.5M and net income of $6.4M on higher gold prices.
For the three months ended March 31, 2026, Idaho Strategic Resources revenue increased 99% to $14.5 million, primarily from a higher realized gold price ($4,702/oz vs $2,849/oz) and 334 additional ounces sold. Net income was $6.4 million versus $1.6 million in Q1 2025; operating income rose 441% to $7.6 million. Gross margin as a percent of sales improved to 66.1% from 50.8%.
- Revenue $14.5M (+99% YoY) on gold price and volume.
- Net income $6.4M; operating income $7.6M (+441% YoY).
- Realized gold price $4,702/oz vs $2,849/oz prior-year quarter.
- Exploration expense stable; $0.96M capitalized drilling at Golden Chest.
- Income tax provision $1.36M vs zero in Q1 2025.
Headline financials
Revenue & EPS history
Idaho Strategic Resources Inc · Revenue · Quarterly
$14.5M
Forward guidance
The company does not provide formal earnings guidance; operational outlook ties to gold prices, Golden Chest development, and AISC per ounce metrics discussed in MD&A.
Tailwinds
- Higher realized gold prices drove majority of revenue growth in Q1.
- Operating margin expanded sharply with controlled cost increases.
- Additional ounces sold contributed modestly to revenue growth.
Headwinds
- Earnings highly sensitive to volatile gold spot and realized prices.
- Investment liquidation losses in other income reduced non-operating gains.
- Exploration and reclamation capital needs continue at Golden Chest.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
-0.3%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+7.1%
Avg return
30 days after
39%
12 / 31 earnings
Positive
+16.7%
Q2 2025
Best reaction
-15.9%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -12.9% | -33.2% | -29.0% | |
| Q4 2025 | +5.0% | +28.7% | +45.6% | |
| Q3 2025 | +4.9% | +11.5% | +37.8% | |
| Q2 2025 | +16.7% | +22.9% | +44.0% | |
| Q1 2025 | -9.5% | -21.1% | -15.1% | |
| Q3 2024 | -15.9% | -24.6% | -18.2% | |
| Q2 2024 | -0.7% | +1.8% | +20.4% | |
| Q1 2024 | +12.0% | +25.9% | +20.8% | |
| Q3 2023 | +3.6% | -1.2% | +30.8% | |
| Q2 2023 | +2.7% | +6.5% | -0.2% | |
| Q1 2023 | -3.0% | -13.2% | -10.8% | |
| Q3 2022 | +0.9% | -4.7% | +4.4% | |
| Q2 2022 | -2.1% | -6.1% | -19.6% | |
| Q1 2022 | -3.5% | +3.6% | +7.7% | |
| Q3 2021 | -4.3% | -6.5% | -4.5% | |
| Q2 2021 | +0.0% | +6.7% | +15.0% | |
| Q1 2021 | -6.7% | +0.0% | +8.7% | |
| Q3 2020 | -8.6% | -6.9% | -13.8% | |
| Q2 2020 | -0.3% | -2.6% | +5.4% | |
| Q1 2020 | +3.7% | +1.9% | +42.9% | |
| Q3 2019 | -6.1% | -11.6% | -10.2% | |
| Q2 2019 | +3.4% | +17.2% | +0.0% | |
| Q1 2019 | -3.3% | -13.3% | -10.0% | |
| Q3 2018 | -2.4% | +0.6% | +6.7% | |
| Q2 2018 | +13.5% | +10.4% | +1.2% | |
| Q1 2018 | +0.0% | -5.1% | +17.9% | |
| Q3 2017 | -2.1% | -9.1% | -11.9% | |
| Q2 2017 | +6.4% | -5.6% | +28.0% | |
| Q1 2017 | +3.7% | +11.1% | +15.7% | |
| Q3 2016 | -1.8% | +15.9% | +10.6% | |
| Q2 2016 | -2.1% | +0.0% | +0.0% |
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