Filing Flows › Chemical & Mining Co of Chile (SQM) › FY2025
Chemical & Mining Co of Chile (SQM) FY2025 earnings results (fiscal 2025)
20-F filed Apr 22, 2026
Chemical & Mining Co of Chile (SQM) reported revenue of $4.6B for the fiscal 2025 (FY2025), +1% from a year earlier. Operating margin was 23.2%, net earnings $588M (12.9% of revenue).
Chemical & Mining Co of Chile, FY2025: revenue $4.6B (+1% year over year), operating margin 23.2%, net earnings $588M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| FY2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | — | +1% |
| Gross profit | $1.4B | — | +2% |
| Operating profit | $1.1B | — | -0.3% |
| Net earnings | $588M | — | -14% |
| Operating cash flow | $1.3B | — | +3% |
| Free cash flow | $438M | — | +45% |
What changed
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.
Questions
What was Chemical & Mining Co of Chile's revenue in the fiscal 2025?
Chemical & Mining Co of Chile (SQM) reported revenue of $4.6B for the fiscal 2025 (FY2025), +1% from a year earlier.
Was Chemical & Mining Co of Chile profitable in the fiscal 2025?
Operating profit was $1.1B (23.2% of revenue) and net earnings $588M.