Sociedad Química y Minera de Chile S.A. (SQM) Income Statement
SQM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSQM revenue and net income
Where SQM's revenue goes
2025Each bar shows an amount and its share of revenue. SQM kept 12.9% of revenue as net income.
SQM profit margins
SQM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.9% | −24.7% | +20.2% | +10.2% |
| Gross profit | +0.9% | −38.4% | +22.6% | +9.5% |
| Operating income | +6.4% | −41.0% | +30.3% | +11.9% |
| Net income | — | −46.8% | +29.0% | +10.3% |
| EPS (diluted) | — | −46.9% | +20.7% | +7.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SQM quarterly EPS vs estimates
Sociedad Química y Minera de Chile beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 17, 2026 (estimate $2.02).
SQM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.57B | $4.53B | $7.47B | $10.71B | $2.86B | $1.82B | $1.94B | $2.27B | $2.16B | $1.94B |
| Cost of revenue | $3.23B | $3.20B | $4.39B | $4.97B | $1.77B | $1.33B | $1.38B | $1.49B | $1.39B | $1.33B |
| Gross profit | $1.34B | $1.33B | $3.08B | $5.74B | $1.09B | $482.9M | $560.1M | $780.2M | $762.5M | $611.0M |
| Research & development | — | — | — | — | — | — | — | — | — | $11.0M |
| Sales, general & admin | $99.6M | $133.2M | $75.0M | $79.2M | $90.4M | $116.0M | $57.5M | $63.1M | $74.6M | $47.0M |
| Total operating expenses | $204.9M | $261.2M | $230.7M | $205.3M | $162.8M | $180.4M | $126.4M | $113.6M | $144.4M | $162.3M |
| Operating income | $1.13B | $1.07B | $2.84B | $5.53B | $927.3M | $302.5M | $433.7M | $666.6M | $618.1M | $448.8M |
| Interest income | $85.7M | $102.9M | $118.5M | $53.9M | $84.4M | $64.1M | $36.1M | $43.4M | $21.6M | $33.8M |
| Interest expense | $186.8M | $188.3M | $140.8M | $96.0M | $83.4M | $84.1M | $72.5M | $55.7M | $50.1M | $57.5M |
| Income before taxes | $959.2M | $974.4M | $2.81B | $5.49B | $841.2M | $238.5M | $390.6M | $621.0M | $594.6M | $414.9M |
| Income taxes | $319.6M | $1.37B | $787.3M | $1.57B | $249.0M | $70.2M | $110.0M | $179.0M | $166.2M | $133.0M |
| Net income | $587.2M | −$404.4M | $2.01B | $3.91B | $585.5M | $164.5M | $278.1M | $439.8M | $427.7M | $278.3M |
| EBITDA | $1.57B | $1.50B | $3.21B | $5.58B | $1.14B | $526.6M | $668.6M | $898.1M | $883.9M | $723.0M |
| EPS (diluted) | $2.05 | −$1.41 | $7.05 | $13.68 | $2.07 | $0.80 | $1.06 | $1.67 | $1.67 | $1.22 |
| Gross margin | 29.3% | 29.3% | 41.2% | 53.6% | 38.1% | 26.6% | 28.8% | 34.4% | 35.3% | 31.5% |
| Operating margin | 24.8% | 23.5% | 38.1% | 51.6% | 32.4% | 16.6% | 22.3% | 29.4% | 28.6% | 23.1% |
| Net margin | 12.9% | −8.9% | 27.0% | 36.5% | 20.5% | 9.1% | 14.3% | 19.4% | 19.8% | 14.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.47B | $1.76B | $1.34B | $1.17B | $1.04B | $1.04B | $1.07B | $1.08B | $1.29B | $1.08B | $1.31B | $1.84B |
| Cost of revenue | $1.21B | $981.5M | $880.2M | $827.2M | $789.1M | $731.9M | $780.0M | $796.0M | $909.7M | $716.0M | $915.1M | $1.09B |
| Gross profit | $1.26B | $778.6M | $455.5M | $345.8M | $253.6M | $304.7M | $293.8M | $280.8M | $383.9M | $368.5M | $396.6M | $753.6M |
| Sales, general & admin | $52.6M | $48.9M | $33.7M | $17.3M | $27.0M | $21.6M | $57.3M | $27.9M | $30.9M | $21.8M | $30.8M | $18.5M |
| Total operating expenses | $54.1M | $48.8M | $57.4M | $56.5M | $87.4M | $59.7M | $83.3M | $53.0M | $70.2M | $54.7M | $56.9M | $43.3M |
| Operating income | $1.21B | $729.7M | $398.1M | $289.3M | $166.2M | $244.9M | $210.5M | $227.8M | $313.8M | $313.8M | $339.7M | $710.3M |
| Interest income | $34.2M | $26.8M | $23.4M | $21.9M | $20.9M | $19.5M | $30.9M | $23.8M | $22.0M | $26.2M | $36.0M | $32.8M |
| Interest expense | $58.4M | $53.7M | $46.2M | $41.1M | $43.3M | $50.1M | $51.7M | $49.9M | $47.0M | $48.5M | $45.9M | $37.0M |
| Income before taxes | $1.17B | $686.8M | $339.4M | $265.6M | $147.0M | $211.7M | $193.5M | $193.6M | $287.2M | $300.2M | $272.3M | $697.6M |
| Income taxes | $454.5M | $283.9M | $104.5M | $85.6M | $57.6M | $73.4M | $70.9M | $59.9M | $72.4M | $1.17B | $68.0M | $216.1M |
| Net income | $660.1M | $364.7M | $185.4M | $178.4M | $88.4M | $137.5M | $120.1M | $131.4M | $213.6M | −$869.5M | $203.2M | $479.4M |
| EBITDA | $1.31B | $847.0M | $501.1M | $416.1M | $291.1M | $359.7M | $246.4M | $339.4M | $410.5M | $415.2M | $397.0M | $797.2M |
| EPS (diluted) | $2.31 | $1.28 | $0.64 | $0.62 | $0.31 | $0.48 | $0.42 | $0.46 | $0.75 | −$3.04 | $0.71 | $1.68 |
| Gross margin | 51.1% | 44.2% | 34.1% | 29.5% | 24.3% | 29.4% | 27.4% | 26.1% | 29.7% | 34.0% | 30.2% | 41.0% |
| Operating margin | 48.9% | 41.5% | 29.8% | 24.7% | 15.9% | 23.6% | 19.6% | 21.2% | 24.3% | 28.9% | 25.9% | 38.6% |
| Net margin | 26.7% | 20.7% | 13.9% | 15.2% | 8.5% | 13.3% | 11.2% | 12.2% | 16.5% | −80.2% | 15.5% | 26.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SQM's financial statements (latest annual report filed April 22, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SQM financial results
In fiscal year 2025 (ended December 31, 2025), Sociedad Química y Minera de Chile reported revenue of $4.6 billion, up 0.9% from the year before. It had net income of $587.2 million, a net profit margin of 12.9%. Diluted earnings per share came to $2.05. Over five years revenue grew at an average rate of 20.2% a year.
See the SQM stock overview for the latest quote and news, or the SQM chart for price history and technical indicators.
SQM income statement FAQ
What is Sociedad Química y Minera de Chile's annual revenue?
Sociedad Química y Minera de Chile reported total revenue of $4.6 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.9% from $4.5 billion the previous year.
Is Sociedad Química y Minera de Chile profitable?
Yes. Sociedad Química y Minera de Chile reported net income of $587.2 million in fiscal 2025, a net profit margin of 12.9%; its operating margin was 24.8%.
What is Sociedad Química y Minera de Chile's gross margin?
Sociedad Química y Minera de Chile's gross margin was 29.3% in fiscal 2025: for every $100 of revenue, Sociedad Química y Minera de Chile kept $29 after the direct cost of its products and services.
How fast is Sociedad Química y Minera de Chile growing?
Revenue grew 20.2% a year on average over the last five fiscal years, from $1.8 billion to $4.6 billion.
What are Sociedad Química y Minera de Chile's earnings per share?
Sociedad Química y Minera de Chile earned $2.05 per diluted share in fiscal 2025, compared with $-1.41 a year earlier.
When will Sociedad Química y Minera de Chile report its next earnings?
Sociedad Química y Minera de Chile is expected to report results for the quarter ending September 30, 2026 on November 17, 2026 after the market closes.
When does Sociedad Química y Minera de Chile's fiscal year end?
Sociedad Química y Minera de Chile's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 22, 2026.