Filing Flows › Southern Copper (SCCO) › Q3 2026
Southern Copper (SCCO) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
Southern Copper (SCCO) reported revenue of $4.7B for the third quarter 2026 (Q3 2026), +39% from a year earlier and +10% from the quarter before. Operating margin was 59.9%, net earnings $1.8B (38.4% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.7B | +10% | +39% |
| Operating profit | $2.8B | +7% | +59% |
| Net earnings | $1.8B | +8% | +63% |
| Operating cash flow | $2.2B | +12% | +43% |
| Free cash flow | $1.7B | +9% | +41% |
What changed
Revenue was $4.7B in Q3 2026, up 39% year over year and up 10% from the previous quarter. Copper was the largest line at 74% of revenue. Copper added $1.0B year over year (up 41%), 77% of the total change.
Operating profit was $2.8B, a 59.9% margin (up 7.6 points year over year). Of the extra revenue versus Q3 2025, 79% reached operating profit, above the 52% margin then. Total costs grew 17% against revenue growth of 39%. The fastest-growing cost line was Cost of revenue (+18%). Net earnings were $1.8B, up 63% year over year. The effective tax rate was 35.4%.
Operating cash flow was $2.2B (up 43% year over year), 123% of net earnings. Non-cash charges added back $0.23B of depreciation and amortization. Working capital and other items added $0.19B. Capital expenditures of $0.52B left free cash flow of $1.7B.
Questions
What was Southern Copper's revenue in the third quarter 2026?
Southern Copper (SCCO) reported revenue of $4.7B for the third quarter 2026 (Q3 2026), +39% from a year earlier and +10% from the quarter before.
Was Southern Copper profitable in the third quarter 2026?
Operating profit was $2.8B (59.9% of revenue) and net earnings $1.8B.
Source: Southern Copper 10-Q on SEC EDGAR.