Filing Flows › Materials › Chemical & Mining Co of Chile (SQM)
Chemical & Mining Co of Chile (SQM) earnings and revenue breakdown
Latest: FY2025 · 20-F filed Apr 22, 2026 · Chemical & Mining Co of Chile (SQM) FY2025 earnings results →
FY2025 Revenue up 1% year over year to $4.6B · 13¢ of every $1 of revenue kept as net profit · operating margin 23.2%
Chemical & Mining Co of Chile made $4.6B in FY2025 (+1% Y/Y). Operating margin 23.2%, net earnings $588M. See where every dollar goes — costs, profit and cash — as a Sankey from the 20-F filed Apr 22, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $4.6B in FY2025, up 1% year over year.
Gross margin was 29.6%, up 0.3 points from FY2024. Operating profit was $1.1B, a 23.2% margin (down 0.3 points year over year). Operating profit fell $2.8M even though revenue rose $0.05B versus FY2024, so costs grew faster than sales. Operating expenses grew 11% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+25%). Net earnings were $0.59B, down 14% year over year. The effective tax rate was 33.3%.
Operating cash flow was $1.3B (up 3% year over year), 205% of net income including minority interests. Non-cash charges added back $0.42B of depreciation and amortization. Working capital and other items added $0.25B. Capital expenditures of $0.88B left free cash flow of $0.44B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| FY2025 | 20-F | Apr 22, 2026 | $4.6B | +1% | 23.2% | $588M | $1.3B |
| FY2024 | 20-F | Apr 24, 2025 | $4.5B | -39% | 23.5% | $685M | $1.3B |
Charts
In supply chains and themes
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Chemical & Mining Co of Chile
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets.
In its own words, from its 6-K, filed Jun 2, 2025.
Chemical & Mining Co of Chile against its Mining & Quarrying of Nonmetallic Minerals (No Fuels) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +1% against the peers' median +4%. Operating margin: 23.2% against the peers' median 18.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SQM Chemical & Mining Co of Chile | FY2025 | $4.6B | +1% | 23.2% |
| MLM Martin Marietta Materials | Q3 2026 | $2.4B | +28% | 18.5% |
| VMC Vulcan Materials | Q3 2026 | $2.2B | -5% | 24.0% |
| KNF Knife River | Q3 2026 | $1.3B | +6% | 16.8% |
| HL Hecla Mining | Q3 2026 | $395M | +25% | 39.8% |
| CMP Compass Minerals International | Q3 FY26 | $215M | +0.3% | 5.1% |
| SND Smart Sand | Q2 2026 | $115M | +34% | 8.7% |
| USLM United States Lime & Minerals | Q3 2026 | $106M | +4% | 42.1% |
| LEU Centrus Energy | Q3 2026 | $55.5M | -26% | -53.5% |
Source: Chemical & Mining Co of Chile 20-F on SEC EDGAR · CIK 909037 · Mining & Quarrying of Nonmetallic Minerals (No Fuels)
13F: who owns SQM and who is buying
More on SQM
- How Chemical & Mining Co of Chile makes money: revenue by segment
- Chemical & Mining Co of Chile next earnings date and what analysts expect
- Chemical & Mining Co of Chile stock forecast, price target and fair value
- Who owns Chemical & Mining Co of Chile stock: holders, funds and Congress trades
- Is Chemical & Mining Co of Chile a takeover target? LBO and rumors
History
Every quarter: FY2025 results · FY2024 results