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Southern Copper (SCCO) operating margin by quarter

Southern Copper's operating margin was 59.9% in Q3 2026 (third quarter 2026), -1.2 pts from Q2 2026. Over the last 7 quarters it ranged from 49.2% (Q1 2025) to 61.2% (Q2 2026).

Southern Copper operating margin by quarterSouthern Copper operating margin by quarter49.2%Q1 202552.0%Q2 202552.4%Q3 202554.5%Q4 202558.3%Q1 202661.2%Q2 202659.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202659.9%-1.2 pts+7.6 pts
Q2 202661.2%+2.8 pts+9.1 pts
Q1 202658.3%+3.8 pts+9.2 pts
Q4 202554.5%+2.2 pts—
Q3 202552.4%+0.4 pts—
Q2 202552.0%+2.8 pts—
Q1 202549.2%——

Q3 2026 at a glance

Southern Copper, Q3 2026: revenue $4.7B (+39% year over year), operating margin 59.9%, net earnings $1.8B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.

Questions

What is Southern Copper's operating margin?

Southern Copper's operating margin was 59.9% in Q3 2026 (third quarter 2026), -1.2 pts from Q2 2026.

How has Southern Copper's operating margin changed?

Over the last 7 quarters it ranged from 49.2% (Q1 2025) to 61.2% (Q2 2026).

Q3 2026 results → · How Southern Copper makes money →