The financials
Southern Copper Corporation by the numbers
Southern Copper Corporation (SCCO) reported revenue of $4.29B in Q2 2026 (quarter ended June 30, 2026), up 41% from the same quarter a year earlier. That came with a gross margin of 68% and net income of $1.67B (39% of revenue). For the full year FY2025, revenue was $13.4B (+17% year on year) and net income $4.35B. Its largest region in 2026-Q2 was Mexico at $1.01B, 33% of the disclosed total, just ahead of Peru at 11%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $4.29B | $3.05B | +41% |
| Gross profit | $2.90B | $1.84B | +58% |
| Operating income | $2.62B | $1.59B | +65% |
| Net income | $1.67B | $977M | +71% |
| Diluted EPS | $2.01 | $1.17 | +72% |
| Geographic | Revenue | Share |
|---|---|---|
| Mexico | $1.01B | 33% |
| Peru | $341M | 11% |
| China | $302M | 10.0% |
| United States | $269M | 8.9% |
| Switzerland | $256M | 8.4% |
| Japan | $219M | 7.2% |
| Spain | $211M | 6.9% |
| Other European Countries | $202M | 6.6% |
| Chile | $175M | 5.7% |
| Other Asian Countries | $28M | 0.9% |
| Other American Countries | $16M | 0.5% |
| Brazil | $5.6M | 0.2% |
| Italy | $2.9M | 0.1% |
Business Segments
Revenue split by geographic segment, from SEC XBRL filings.
Latest period: Q2 2026Total $3.04B (+3.5%)
Other European Countries grew +28743% year on yearSingapore -101% year on year
Segment Latestquarter on quarteryear on year
- Mexico$1.01B$1.01BQoQ +8.1%year on year +41%+8.1%+41%
- Peru$340.9M$340.9MQoQ +17%year on year -+17%-
- China$302.2M$302.2MQoQ -2.3%year on year +34%-2.3%+34%
- United States$269.0M$269.0MQoQ -7.7%year on year -3.1%-7.7%-3.1%
- Switzerland$255.5M$255.5MQoQ +1.4%year on year +15%+1.4%+15%
- Japan$218.7M$218.7MQoQ +88%year on year +74%+88%+74%
- Spain$210.6M$210.6MQoQ +29%year on year +54%+29%+54%
- Other European Countries$201.9M$201.9MQoQ -30%year on year +28743%-30%+28743%
- Chile$174.5M$174.5MQoQ -3.8%year on year +32%-3.8%+32%
- Other Asian Countries$28.2M$28.2MQoQ -33%year on year +45%-33%+45%
- Other American Countries$15.6M$15.6MQoQ -0.64%year on year +44%-0.64%+44%
- Brazil$5.6M$5.6MQoQ -41%year on year -33%-41%-33%
- Italy$2.9M$2.9MQoQ -50%year on year -24%-50%-24%
- Singapore−$200.0K−$200.0KQoQ -101%year on year -101%-101%-101%