SQM Reports Earnings for the Six Months Ended June 30, 2026
SQM reported second-quarter 2026 net income of US$660.0 million, or US$2.31 per share, surging 646% year-over-year as record lithium volumes and strong iodine pricing drove a 136.7% revenue increase to US$2,468.4 million. Operational highlights included record quarterly sales volumes of over 84 thousand metric tons of Lithium Carbonate Equivalent (LCE) and record-high iodine sales prices, contributing to a gross profit of US$1,260.0 million for the quarter.
Key figures
- Eps
- 2.31
- Revenue Yoy
- 136.7%
- Net income q2
- 660000000
- Revenue yoy 6m
- 103.4%
- Gross profit q2
- 1260000000
- Net income yoy q2
- 646.4%
- Payments to state
- US$1.6 billion
- Lithium volume metric tons
- 84000
AI analysis
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