Jun 2026 (Q2 FY26) — Jul 22, 2026
Southern Copper Q2 FY26 — Record Sales, EBITDA, and Net Income Driven by Strong Prices
Read the full callSouthern Copper (SCCO) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Southern Copper earnings: last reported Wed, 22 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4,289 | +40.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 61.2 | +9.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | Quarterly, as filed | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. |
Price
$201.78 +0.63% · +$1.27
Performance +57.3% 1Y
1Y: $128.27 on 17 Oct 2025 → $201.78. High $219.7 (25 Aug 2026), low $118.6 (20 Nov 2025).
- Previous close
- $200.51
- 52-week range
- $118.6 – $219.7
- One year
- +52.62%
Overview
- Symbol
- SCCO
- Sector
- Materials
- Exchange
- US
- Currency
- USD
Call summaries
Dec 2025 (Q4 FY25) — Jan 28, 2026
Southern Copper Q4 FY25 — Record Financials Despite Production Dip
Read the full callSep 2025 (Q3 FY25) — Oct 29, 2025
Southern Copper Q3 FY25 — Record Sales, EBITDA, and Net Income Driven by By-product Production and Prices
Read the full callEvery analysed call
Southern Copper earnings calls (SCCO)
Financials
What the filings say
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,931 | 2,784 | 3,122 | 3,051 | 3,377 | 3,870 | 4,251 | 4,289 |
| Expenses | 1,481 | 1,477 | 1,586 | 1,464 | 1,609 | 1,759 | 1,771 | 1,666 |
| Operating profit | 1,450 | 1,307 | 1,536 | 1,587 | 1,769 | 2,110 | 2,480 | 2,623 |
| Operating margin | 49.5% | 47.0% | 49.2% | 52.0% | 52.4% | 54.5% | 58.3% | 61.2% |
| Profit before tax | 1,427 | 1,245 | 1,479 | 1,544 | 1,724 | 2,038 | 2,444 | 2,599 |
| Tax rate | 36.9% | 35.9% | 36.0% | — | — | 36.4% | 36.5% | — |
| EPS ($ per share) | 1.12 | — | 1.15 | 1.17 | 1.35 | — | 1.92 | 2.01 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 6,187 | 6,436 | 6,846 | 7,770 | 7,702 | 7,034 | 6,840 | 5,797 |
| Total liabilities | 7,675 | 9,549 | 9,671 | 10,090 | 9,131 | 9,244 | 9,475 | 10,277 |
| Fixed assets | 9,404 | 9,371 | 9,459 | 9,464 | 9,597 | 9,783 | 9,883 | 10,272 |
| Investments | 214 | 81 | 411 | 487 | 208 | 599 | 245 | 605 |
| Total assets | 14,288 | 16,407 | 16,947 | 18,298 | 17,277 | 16,725 | 18,714 | 21,381 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 2,235 | 1,912 | 2,784 | 4,292 | 2,803 | 3,573 | 4,422 | 4,752 |
| Cash from investing | -1,296 | -574 | -916 | -973 | -667 | -1,398 | -673 | -1,685 |
| Cash from financing | -1,083 | -262 | -1,563 | -2,480 | -3,011 | -3,101 | -1,645 | -2,007 |
| Net cash flow | -160 | 1,081 | 259 | 818 | -932 | -918 | 2,107 | 1,047 |
| Capital expenditure | -1,121 | -707 | -592 | -892 | -948 | -1,009 | -1,027 | -1,325 |
| Free cash flow | 1,114 | 1,204 | 2,191 | 3,400 | 1,854 | 2,565 | 3,394 | 3,427 |
SCCO revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Mexican Open Pit | 55% | 54% | 56% | 58% | 58% | 56% | 57% | 59% | +43.1% |
| Peruvian Operations | 41% | 41% | 41% | 39% | 39% | 39% | 37% | 37% | +34.5% |
| Mexican IMMSA Unit | 6% | 7% | 5% | 6% | 6% | 7% | 7% | 6% | +49.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
SCCO operating KPIs by quarter
| KPI | Jun 2025 Q2 FY25 | Sep 2025 Q3 FY25 | Dec 2025 Q4 FY25 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Production volume Copper | — | 234.892K tonsCopper production registered a decrease of 7% compared to the third quarter of 2024 and stood at 234,892 tons this past quarter.Source: earnings call transcript | 242.172K tonsCopper production registered an increase of 1.4% in the fourth quarter of last year on a quarter-over-quarter terms to stand at 242,172 tons.Source: earnings call transcript | 230.662K tonsCopper production registered a decrease of 3.5% compared to the trend in the second quarter of last year, standing at 230,662 tons this past quarter.Source: earnings call transcript | -4.8% |
| Production volume Mine zinc | 45.899K tonsMine zinc production increased 56% quarter-on-quarter and totaled 45,899 tons.Source: earnings call transcript | 45.482K tonsMine zinc production increased 46% quarter-on-quarter and totaled 45,482 tons.Source: earnings call transcript | 46.223K tonsZinc mined production increased 7% quarter-on-quarter and total 46,223 tons.Source: earnings call transcript | — | +1.6% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- MX 27% ↓ 1 pt
- US 14% ↓ 1 pt
- CH 10% ↓ 4 pt
- PE 8% ↑ 2 pt
- JP 8% ↑ 3 pt
- CN 7% ↓ 3 pt
- Other European Countries 7% ↑ 1 pt
- ES 6% ↑ 2 pt
- BR 4%
- CL 4%
- IT 4% ↑ 1 pt
- Other Asian Countries 1%
- Other American Countries 1%
- SG <1% ↓ 2 pt
As SCCO cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
63 filings between Oct 31, 2025 and Sep 24, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$3.34M
23 sales by 3 insiders
Compensation
not trading decisions- 40
- Award — granted as compensation
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Contreras Lerdo de Tejada Leonardo | — | $1.95M | Feb 3, 2026 |
| Castillo Sanchez Mejorada Enrique | — | $997.2K | Mar 2, 2026 |
| PALOMINO BONILLA LUIS MIGUEL | — | $392.0K | Sep 24, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 24, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $20.0K |
| Sep 8, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $21.0K |
| Sep 4, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $20.0K |
| Aug 31, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 0 | $0 |
| Aug 5, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $20.0K |
| Aug 5, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $19.8K |
| Aug 4, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $19.5K |
| Jul 24, 2026 | Castillo Sanchez Mejorada Enrique Director | Award | 400 | — |
| Jul 24, 2026 | VELASCO GERMAN LARREA MOTA CHAIRMAN OF THE BOARD | Award | 400 | — |
| Jul 24, 2026 | Valenzuela Rionda Jose Pedro Director | Award | 400 | — |
| Jul 24, 2026 | Arrigunaga Gomez del Campo Javier Director | Award | 400 | — |
| Jul 24, 2026 | Contreras Lerdo de Tejada Leonardo Chief Executive Officer | Award | 400 | — |
| Jul 24, 2026 | ARIZTEGUI ANDREVE VICENTE Director | Award | 400 | — |
| Jul 24, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Award | 400 | — |
| Jul 24, 2026 | SACRISTAN CARLOS RUIZ Director | Award | 400 | — |
| Jul 24, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $17.9K |
| Jun 5, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 4 | $724 |
| Jun 2, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $20.0K |
| May 21, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $18.0K |
| May 21, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $17.6K |
| May 15, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 100 | $17.8K |
| May 4, 2026 | Arrigunaga Gomez del Campo Javier Director | Award | 400 | — |
| May 4, 2026 | Valenzuela Rionda Jose Pedro Director | Award | 400 | — |
| May 4, 2026 | VELASCO GERMAN LARREA MOTA CHAIRMAN OF THE BOARD | Award | 400 | — |
| May 4, 2026 | Contreras Lerdo de Tejada Leonardo Chief Executive Officer | Award | 400 | — |
| May 4, 2026 | ARIZTEGUI ANDREVE VICENTE Director | Award | 400 | — |
| May 4, 2026 | Castillo Sanchez Mejorada Enrique Director | Award | 400 | — |
| May 4, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Award | 400 | — |
| May 4, 2026 | SACRISTAN CARLOS RUIZ Director | Award | 400 | — |
| Mar 13, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 193 | $33.7K |
| Mar 12, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 7 | $1.3K |
| Mar 2, 2026 | Castillo Sanchez Mejorada Enrique Director | Sale | 4,587 | $997.2K |
| Feb 3, 2026 | Contreras Lerdo de Tejada Leonardo Director | Sale | 9,248 | $1.95M |
| Jan 29, 2026 | VELASCO GERMAN LARREA MOTA CHAIRMAN OF THE BOARD | Award | 400 | — |
| Jan 29, 2026 | VELASCO GERMAN LARREA MOTA CHAIRMAN OF THE BOARD | Award | 200 | — |
| Jan 29, 2026 | ARIZTEGUI ANDREVE VICENTE Director | Award | 200 | — |
| Jan 29, 2026 | ARIZTEGUI ANDREVE VICENTE Director | Award | 400 | — |
| Jan 29, 2026 | Valenzuela Rionda Jose Pedro Director | Award | 200 | — |
| Jan 29, 2026 | Arrigunaga Gomez del Campo Javier Director | Award | 400 | — |
| Jan 29, 2026 | Castillo Sanchez Mejorada Enrique Director | Award | 400 | — |
| Jan 29, 2026 | Valenzuela Rionda Jose Pedro Director | Award | 400 | — |
| Jan 29, 2026 | Contreras Lerdo de Tejada Leonardo Director | Award | 400 | — |
| Jan 29, 2026 | Contreras Lerdo de Tejada Leonardo Director | Award | 200 | — |
| Jan 29, 2026 | SACRISTAN CARLOS RUIZ Director | Award | 200 | — |
| Jan 29, 2026 | Castillo Sanchez Mejorada Enrique Director | Award | 200 | — |
| Jan 29, 2026 | Arrigunaga Gomez del Campo Javier Director | Award | 200 | — |
| Jan 29, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Award | 400 | — |
| Jan 29, 2026 | PALOMINO BONILLA LUIS MIGUEL Director | Award | 200 | — |
| Jan 29, 2026 | SACRISTAN CARLOS RUIZ Director | Award | 400 | — |
| Dec 3, 2025 | PALOMINO BONILLA LUIS MIGUEL Director | Sale | 400 | $55.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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