Income StatementBalance SheetCash FlowSegments
Southern Copper logo

Southern Copper Income Statement

Revenue, expenses, and profitability over time

Southern Copper generated $14.5B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $5.0B with a 34.23% net margin. Gross margin stands at 61.93% and operating margin at 54.62%. Diluted EPS is $6.01, which grew 0.4% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$14.5BGross Profit (TTM)$9.0BOperating Income (TTM)$7.9BNet Income (TTM)$5.0BEps Diluted (TTM)$6.01
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$149.90B
P/E Ratio30.10
ROE46.65%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B
Net earnings to common$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B
Net Income Available to Common Shareholders$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B
Net income$796.2M$949.1M$976.7M$1.1B$1.3B$1.6B
Income from continuing operations before equity method income$797.8M$945.8M$967.9M$1.1B$1.3B$1.6B
Net income attributable to common stock$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B
Current And Royalty Taxes$498.8M$532.8M$576.0M$619.7M$775.7M$891.0M
Deferred Other Tax Expense Benefit-$13.1M-$8.5M-$8.5M-$8.5M-$8.5M—
Exploration Expense$16.5M$11.7M$13.7M$10.2M$17.2M$10.8M
Income Loss From Continuing Operations After Income Taxes And Before Income Loss From Equity Method Investments$797.8M$945.8M$967.9M$1.1B$1.3B$1.6B
Interest Costs Capitalized Adjustment$6.9M$10.4M$11.6M$13.0M$12.4M$14.7M
Interest Costs Incurred$94.2M$102.3M$105.6M$104.3M$104.4M$104.5M
Net Income (Loss) Available to Common Stockholders, Basic$793.9M$945.9M$973.4M$1.1B$1.3B$1.6B
Other income, net (Note 6)—-$13.7M-$2.3M-$1.1M-$30.5M$6.7M
Revenue From Contract With Customer Excluding Assessed Tax$2.8B$3.1B$3.1B$3.4B$3.9B$4.3B

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dry Hole Expense$16.5M$11.7M$13.7M$10.2M$17.2M$10.8M
Exploration Expense$16.5M$11.7M$13.7M$10.2M$17.2M$10.8M
Depreciation and amortization$214.2M$223.8M$206.2M$207.8M$230.7M$225.7M
Exploration expense$16.5M$11.7M$13.7M$10.2M$17.2M$10.8M
Selling, general and administrative$34.5M$31.7M$32.5M$33.7M$39.9M$35.8M
Total operating expenses$1.5B$1.6B$1.5B$1.6B$1.8B$1.8B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.96$1.15$1.21$1.35$1.53$1.92
Diluted earnings per share$0.96$1.15$1.21$1.35$1.53$1.92
Weighted-average shares, basic9.3M821.6M807.8M822.7M10.8M821.7M
Weighted-average shares, diluted9.3M821.6M807.8M822.7M10.8M821.7M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments—$3.3M$8.8M$6.4M$15.5M$28.7M
Other Charges—-$13.7M-$2.3M-$1.1M-$30.5M$6.7M
Interest Costs Incurred$94.2M$102.3M$105.6M$104.3M$104.4M$104.5M
Interest income$39.3M$48.7M$53.1M$47.9M$50.0M$46.8M
Interest costs capitalized adjustment$6.9M$10.4M$11.6M$13.0M$12.4M$14.7M
Interest costs incurred$94.2M$102.3M$105.6M$104.3M$104.4M$104.5M
Interest Costs Incurred$94.2M$102.3M$105.6M$104.3M$104.4M$104.5M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$1.6B$1.8B$1.8B$2.0B$2.4B$2.8B
Operating income$1.3B$1.5B$1.6B$1.8B$2.1B$2.5B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.2B$1.5B$1.5B$1.7B$2.0B$2.4B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Current and royalty taxes$498.8M$532.8M$576.0M$619.7M$775.7M$891.0M
Deferred Other Tax Expense (Benefit)-$13.1M-$8.5M-$8.5M-$8.5M-$8.5M—

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.2B$1.3B$1.2B$1.4B$1.5B$1.5B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$2.8B$3.1B$3.1B$3.4B$3.9B$4.3B