Jun 2026 (Q2 FY26) — Aug 19, 2026
SQM Q2 FY26 — Strong Performance Across Main Business Lines
Read the full callChemical & Mining CO of Chile (SQM) earnings
- Jun 2026 (Q2 FY26)
- Dec 2024
Chemical & Mining CO of Chile earnings: last reported Wed, 19 Aug 2026, for the quarter ended Jun 2026.
Guidance
What management said, and what became of it
9 of 9 judged targets kept · 20 open · verdicts reflect calls analysed to Mar 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Annual dividend payout ratio | 30% of 2025 net income | Mar 2025 | we pay dividends, 50% of the net income of last year | Achieved |
| Chile (Nova Andino) full-year lithium production | close to 260,000 metric tons LCE | Dec 2025 | The additional production that we expect to achieve this year, which is going to be over 270,000 metric tons | Revised Up |
| Chile lithium hydroxide production capacity | 100,000 metric tons, ready at the beginning of 2026 | Sep 2025 | Pending |
20 of CHEMICAL & MINING CO OF CHILE INC's 29 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 26 more targets are in the full ledger.
Claimed
- Achieved record quarterly lithium sales volumes of more than 84,000 metric tons of lithium carbonate equivalent.
- Accrued over $1.6 billion in payments to the Chilean government during H1 FY26.
- Specialty plant nutrition sales volumes are expected to increase by approximately 10% for the full year 2026.
- Total iodine production is expected to reach approximately 15,500 metric tons this year.
Qualified
- Analyst noted a significant gap between spodumene average selling price increase and SQM's international LCE equivalent selling price in Q2.
- Analyst raised concerns about a potential inventory build in battery storage, suggesting temporary oversupply risk in the lithium market over the next 12-18 months.
Price
$60.13 −0.12% · −$0.07
Performance +37.7% 1Y
1Y: $43.68 on 17 Oct 2025 → $60.13. High $95.31 (16 Apr 2026), low $42.39 (21 Oct 2025).
- Previous close
- $60.2
- 52-week range
- $42.39 – $95.31
- One year
- +36.07%
Overview
- Symbol
- SQM
- Sector
- Materials
- Industry
- Mining & Quarrying of Nonmetallic Minerals (No Fuels)
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
9 of 9 judged targets kept · 20 open · verdicts reflect calls analysed to Mar 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Annual dividend payout ratio | 30% of 2025 net income | Mar 2025 | we pay dividends, 50% of the net income of last year | Achieved |
| Chile (Nova Andino) full-year lithium production | close to 260,000 metric tons LCE | Dec 2025 | The additional production that we expect to achieve this year, which is going to be over 270,000 metric tons | Revised Up |
| Chile lithium hydroxide production capacity | 100,000 metric tons, ready at the beginning of 2026 | Sep 2025 | Pending |
Claimed
- Achieved record quarterly lithium sales volumes of more than 84,000 metric tons of lithium carbonate equivalent.
- Accrued over $1.6 billion in payments to the Chilean government during H1 FY26.
- Specialty plant nutrition sales volumes are expected to increase by approximately 10% for the full year 2026.
- Total iodine production is expected to reach approximately 15,500 metric tons this year.
Qualified
- Analyst noted a significant gap between spodumene average selling price increase and SQM's international LCE equivalent selling price in Q2.
- Analyst raised concerns about a potential inventory build in battery storage, suggesting temporary oversupply risk in the lithium market over the next 12-18 months.
The full ledger
Open CHEMICAL & MINING CO OF CHILE INC’s full ledger
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Call summaries
Every analysed call
Chemical & Mining CO of Chile earnings calls (SQM)
Financials
What the filings say
| Line item | Dec 2016 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Total liabilities | 1,911 | 2,130 | 2,550 | 2,656 | 3,964 | 5,887 | 6,301 | 6,298 |
| Fixed assets | 1,533 | 1,455 | 1,570 | 1,737 | 2,012 | 2,727 | 3,610 | 4,434 |
| Total assets | 4,218 | 4,268 | 4,684 | 4,818 | 7,180 | 10,819 | 10,779 | 11,496 |
| Line item | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 758 | 525 | 427 | 182 | 823 | 4,078 | -197 | 1,275 |
| Cash from investing | -248 | -187 | -485 | -167 | -1,007 | -909 | -1,481 | -1,214 |
| Cash from financing | -412 | -387 | 106 | -94 | 1,206 | -2,003 | 66 | 282 |
| Net cash flow | 116 | -74 | 32 | -79 | 1,006 | 1,140 | -1,614 | 336 |
| Capital expenditure | -142 | -245 | -321 | -322 | -465 | -905 | -1,104 | -972 |
| Free cash flow | 616 | 280 | 106 | -140 | 358 | 3,172 | -1,300 | 303 |
Insider filings
No filings in the last 12 months.
No officer, director or 10% owner of SQM filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
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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