Filing Flows › Southern Copper (SCCO) › Q3 2025
Southern Copper (SCCO) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
Southern Copper (SCCO) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +11% from the quarter before. Operating margin was 52.4%, net earnings $1.1B (32.8% of revenue).
Southern Copper, Q3 2025: revenue $3.4B (+15% year over year), operating margin 52.4%, net earnings $1.1B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.4B | +11% | +15% |
| Operating profit | $1.8B | +11% | +22% |
| Net earnings | $1.1B | +14% | +24% |
| Operating cash flow | $1.6B | +60% | +8% |
| Free cash flow | $1.2B | +63% | +1% |
What changed
Revenue was $3.4B in Q3 2025, up 15% year over year and up 11% from the previous quarter. Copper was the largest line at 72% of revenue. Copper added $0.19B year over year (up 8%), 42% of the total change.
Operating profit was $1.8B, a 52.4% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 71% reached operating profit, above the 49% margin then. Total costs grew 9% against revenue growth of 15%. The fastest-growing cost line was Cost of revenue (+11%). Net earnings were $1.1B, up 24% year over year. The effective tax rate was 35.8%.
Operating cash flow was $1.6B (up 8% year over year), 140% of net earnings. Non-cash charges added back $0.21B of depreciation and amortization. Working capital and other items added $0.24B. Capital expenditures of $0.35B left free cash flow of $1.2B.
Questions
What was Southern Copper's revenue in the third quarter 2025?
Southern Copper (SCCO) reported revenue of $3.4B for the third quarter 2025 (Q3 2025), +15% from a year earlier and +11% from the quarter before.
Was Southern Copper profitable in the third quarter 2025?
Operating profit was $1.8B (52.4% of revenue) and net earnings $1.1B.
Source: Southern Copper 10-Q on SEC EDGAR.