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Chemical & Mining Co of Chile (SQM) Q2 2025 earnings results (second quarter 2025)

6-K filed Aug 25, 2025

Chemical & Mining Co of Chile (SQM) reported revenue of $1.0B for the second quarter 2025 (Q2 2025), -19% from a year earlier. Operating margin was 14.0%, net earnings $88.4M (8.5% of revenue).

Revenue$1.0B
Year over year-19%
Quarter over quarter—
Operating margin14.0%
Net earnings$88.4M

Chemical & Mining Co of Chile, Q2 2025: revenue $1.0B (-19% year over year), operating margin 14.0%, net earnings $88.4M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$1.0B—-19%
Gross profit$254M—-34%
Operating profit$146M—-49%
Net earnings$88.4M—-59%

What changed

Revenue was $1.0B in Q2 2025, down 19% year over year.

Gross margin was 24.3%, down 5.4 points from Q2 2024. Operating profit was $0.15B, a 14.0% margin (down 8.1 points year over year). Operating expenses grew 10% against a revenue fall of 19%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $0.09B, down 59% year over year. The effective tax rate was 39.5%.

Questions

What was Chemical & Mining Co of Chile's revenue in the second quarter 2025?

Chemical & Mining Co of Chile (SQM) reported revenue of $1.0B for the second quarter 2025 (Q2 2025), -19% from a year earlier.

Was Chemical & Mining Co of Chile profitable in the second quarter 2025?

Operating profit was $146M (14.0% of revenue) and net earnings $88.4M.

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Source: Chemical & Mining Co of Chile 6-K on SEC EDGAR.