Idaho Strategic Resources (IDR) financial statements
Idaho Strategic Resources reported revenue of $42M in fiscal 2025, up 62.2% a year over 9 years.
Net income was $17M and the operating margin 36.8%, against -190.2% in 2016.
Free cash flow was $12M.
The diluted share count fell 85% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Idaho Strategic Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $544,751 | $4M | $4M | $6M | $6M | $8M | $10M | $14M | $26M | $42M |
| Cost of revenue | — | — | $4M | $5M | $6M | $7M | $8M | $10M | $13M | $16M |
| Gross profit | $69,222 | $1M | -$726,881 | $738,548 | $67,546 | $487,877 | $2M | $4M | $13M | $26M |
| Selling, general and admin | $219,441 | $256,403 | $392,654 | $453,958 | $397,315 | $1M | $1M | $630,126 | $763,040 | $1M |
| Operating income | -$1M | $297,513 | $824,442 | -$686,025 | -$995,106 | -$3M | -$3M | $1M | $8M | $16M |
| Interest expense | $80,338 | $71,103 | $83,690 | $84,771 | — | $49,273 | $102,832 | $44,202 | $83,295 | $0 |
| Pre-tax income | — | — | — | — | — | -$3,782 | — | — | $9M | $17M |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $426,146 |
| Net income | -$1M | -$22,124 | $752,279 | -$726,507 | -$739,939 | -$3M | -$3M | $1M | $9M | $17M |
| EPS (diluted) | $0.01 | $0.00 | $0.00 | — | — | — | — | $0.09 | $0.67 | $1.14 |
| Diluted shares | 95M | 108M | 122M | 124M | 129M | 10M | 12M | 12M | 13M | 15M |
| Gross margin | 12.7% | 27.8% | -20.0% | 13.0% | 1.2% | 6.4% | 16.2% | 29.0% | 50.3% | 61.8% |
| Operating margin | -190.2% | 6.9% | 22.7% | -12.1% | -17.5% | -40.1% | -26.6% | 7.4% | 32.7% | 36.8% |
| Net margin | -249.8% | -0.5% | 20.7% | -12.8% | -13.0% | -42.7% | -27.5% | 8.5% | 34.3% | 39.4% |
Balance sheet
Fiscal years, from Idaho Strategic Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $154,833 | $124,617 | $248,766 | $217,796 | $3M | $2M | $2M | $2M | $1M | $14M |
| Inventory | $184,324 | $245,154 | $183,069 | $225,146 | $402,537 | $213,722 | $618,313 | $876,681 | $899,924 | $965,112 |
| Total current assets | $529,750 | $784,610 | $761,782 | $910,109 | $3M | $3M | $3M | $4M | $12M | $51M |
| Property, plant and equipment | $6M | $6M | $7M | $7M | $7M | $8M | $10M | $10M | $13M | $20M |
| Total assets | $9M | $9M | $11M | $11M | $15M | $18M | $21M | $24M | $44M | $116M |
| Total current liabilities | $2M | $1M | $725,130 | $948,548 | $1M | $1M | $2M | $2M | $2M | $4M |
| Long-term debt | — | — | — | — | $709,072 | $961,748 | $1M | — | — | — |
| Total liabilities | $4M | $3M | $1M | $2M | $3M | $5M | $3M | $3M | $4M | $5M |
| Shareholders' equity | $2M | $4M | $6M | $6M | $8M | $10M | $15M | $18M | $38M | $108M |
| Net debt | -$154,833 | -$124,617 | -$248,766 | -$217,796 | -$2M | -$1M | -$322,963 | -$2M | -$1M | -$10M |
Cash flow
Fiscal years, from Idaho Strategic Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$672,941 | $337,619 | -$1M | $206,407 | -$482,418 | -$1M | -$2M | $2M | $11M | $19M |
| Capital spending | -$131,657 | -$144,464 | -$317,485 | — | — | $664,645 | $1M | $772,245 | $2M | $7M |
| Free cash flow | -$541,284 | $482,083 | -$1M | — | — | -$2M | -$3M | $1M | $9M | $12M |
| Stock-based compensation | $292,241 | $141,407 | $42,020 | $190,019 | $0 | $1M | $547,275 | $0 | $0 | $2M |
| Net borrowing | — | — | — | $0 | $1M | $2M | — | — | — | — |
| Free cash flow margin | -99.4% | 11.3% | -30.2% | — | — | -26.4% | -34.0% | 9.8% | 33.5% | 29.2% |
Questions
What was Idaho Strategic Resources's revenue in 2025?
$42M in fiscal 2025, from its 10-K filing.
How much free cash flow does Idaho Strategic Resources generate?
$12M in fiscal 2025 (operating cash flow minus capital spending).
From Idaho Strategic Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.