---
title: "Idaho Strategic Resources, Inc. 2026: Revenue $10.73M, EPS $0.23— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295783608.md"
description: "Idaho Strategic Resources reported Q2 2026 revenue of $10.73M and diluted EPS of $0.23, up 13.2% and 5% year-over-year respectively, driven by higher gold prices and operational improvements. The company processed 11,094 dmt at the New Jersey Mill with 91.4% recovery. Key developments included record development at Golden Chest, construction of a new tailings facility, and progress in rare earth element exploration."
datetime: "2026-08-13T10:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295783608.md)
  - [en](https://longbridge.com/en/news/295783608.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295783608.md)
generator: "portal-rs"
---

# Idaho Strategic Resources, Inc. 2026: Revenue $10.73M, EPS $0.23— 10-Q Summary

Idaho Strategic Resources, Inc. reported results for the 2026 quarter with revenue of $10.73M and diluted EPS of $0.23, driven by higher realized gold prices and improved operations versus the prior-year quarter.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$10.73M

$9.48M

13.2%

Net income²

$3.65M

$2.77M

31.9%

Diluted EPS³

$0.23

$0.2

15%

*¹ Reported as “Total revenue”. ² Reported as “Net income attributable to Idaho Strategic Resources, Inc”. ³ Reported as “income per common share-diluted”.*

**Business Highlights**

-   Revenue growth: Revenue rose 13.3% quarter-over-quarter and 50.5% year-to-date, supported by higher realized gold prices.
-   Production & milling: Processed 11,094 dmt at the New Jersey Mill with 91.4% gold recovery despite a one-week wildfire access disruption.
-   Golden Chest expansion: Record 384 meters of development in the quarter, opened a new No. 2 portal, mined approximately 12,835 tonnes of underground ore and completed about 10,000 meters of drilling in Q2.
-   Capital projects: Permit granted and construction started on a new tailings facility; construction of the new Golden Chest mill advanced during the quarter.
-   REE strategy & partnerships: Advanced rare earth element exploration, inclusion in the Sprott REXC ETF and initiated SGS metallurgical test work on prospects.

Original SEC Filing: Idaho Strategic Resources, Inc. \[ IDR \] - 10-Q - Aug. 13, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

### Related Stocks

- [IDR.US](https://longbridge.com/en/quote/IDR.US.md)
- [REXC.US](https://longbridge.com/en/quote/REXC.US.md)

## Related News & Research

- [Idaho Strategic Q2 FY26 net income rises 31.95% to USD 3.65 million; revenue climbs 13.25% to USD 10.73 million](https://longbridge.com/en/news/295782040.md)
- [Gold has fallen sharply from its recent high. But how unusual is a 10-15% correction?](https://longbridge.com/en/news/298130277.md)
- [Eldorado Gold (TSX:ELD) Starts Skouries Commissioning, Is It 4% Overvalued?](https://longbridge.com/en/news/298012986.md)
- [Great Atlantic Resources to attend EMP New Brunswick Conference as gold sponsor](https://longbridge.com/en/news/297919027.md)
- [Newmont And 2 Gold Stocks To Watch](https://longbridge.com/en/news/298123221.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**