{"id":967156,"date":"2026-05-26T19:57:54","date_gmt":"2026-05-26T23:57:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sqm-reports-earnings-for-the-three-months-ended-march-31-2026\/"},"modified":"2026-05-26T19:57:54","modified_gmt":"2026-05-26T23:57:54","slug":"sqm-reports-earnings-for-the-three-months-ended-march-31-2026","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sqm-reports-earnings-for-the-three-months-ended-march-31-2026\/","title":{"rendered":"SQM Reports Earnings for the Three Months Ended March 31, 2026"},"content":{"rendered":"
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\n Highlights<\/u>
\n <\/strong><\/p>\n<\/td>\n<\/tr>\n
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    \n
  • SQM reported total revenues for the three months ended March 31, 2026 of US$1,760.1 million compared to total revenues of US$1,036.6 million for the same period last year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
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  • Net income for the three months ended March 31, 2026 of US$364.7 million or US$1.28 per share, compared to US$137.5 million or US$0.48 per share for the same period last year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
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    \n
  • In lithium: Strong sales volumes amidst strong market demand. Moving-up sales volumes guidance for the year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
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  • In SPN: Stronger than expected quarter in both volumes and prices. Moving-up sales volumes for the year.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
SQM will hold a conference call to discuss these results on Wednesday, May 27, 2026 at 12:00pm EDT (12:00pm Chile time).<\/td>\n<\/tr>\n
Participant Call link: https:\/\/register-conf.media-server.com\/register\/BIf194b8fef0d7479a82018f16e2c31fe3<\/td>\n<\/tr>\n
Webcast: https:\/\/edge.media-server.com\/mmc\/p\/9qtcu4gc<\/td>\n<\/tr>\n<\/table>\n

\n
SANTIAGO, Chile, May 26, 2026 (GLOBE NEWSWIRE) — Sociedad Qu\u00edmica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today net income for the <\/strong>three<\/strong> months ended <\/strong>March 31, 2026<\/strong>, <\/strong>of US$364.7 million or US$1.28 per share, an increase of 165.2% compared to US$137.5 million or US$0.48 per share reported for the same period last year.<\/p>\n

\n Gross profit<\/strong>
\n
\n (1)<\/strong>
\n <\/sup> reached US$778.6 million (44.2% of revenues) for the three months ended March 31, 2026, higher than US$304.7 million (29.4% of revenues) recorded for the three months ended March 31, 2025. Revenues<\/strong> totaled US$1,760.1 million for the three months ended March 31, 2026, representing an increase of 69.8% compared to US$1,036.6 million reported for the three months ended March 31, 2025.<\/p>\n

SQM\u2019s Chief Executive Officer, Ricardo Ramos, stated, \u201cWe delivered strong results during the first quarter of the year. In lithium, sales volumes reached approximately 69 thousand metric tons of LCE across our operations, as we continued to operate at full capacity to meet strong customer demand. Based on our current estimates, global lithium demand could exceed 1.9 million metric tons of LCE this year, while market dynamics continue to suggest a tight supply-demand balance. As a result, we have upgraded our sales volume guidance for the year, increasing our expected growth from 10% to 15%.\u201d<\/p>\n

He added, \u201cThe first quarter of 2026 marked our first full quarter operating alongside CODELCO through our partnership Nova Andino Litio, and the results underscore the strength of this partnership. We are operating at full capacity, delivering strong financial results, while we continue to expand production capacity. In the first quarter alone, Nova Andino Litio generated more than US$530 million in contributions to the Chilean state, including payments to CORFO, local governments, and taxes.\u201d<\/p>\n

\u201cWe are currently finalizing the documentation required to begin the environmental permitting process for the Salar Futuro project. We expect to submit the project to the environmental authorities in the coming months and to share further details with the market in the near term. This project will be developed by Nova Andino, and we are very enthusiastic about its potential to establish a new benchmark in lithium production.\u201d<\/p>\n

Mr. Ramos continued, \u201cIn our SPN business lines, we are also increasing our sales volume guidance for the year. We now expect total sales volumes to grow by approximately 10% compared to last year, driven by tighter supply conditions in Asia. This reflects reduced export availability, as Chinese producers prioritize domestic consumption and scale back potassium nitrate shipments, creating opportunities for us to serve previously undersupplied markets.\u201d<\/p>\n

He further noted, \u201cIn Iodine, we observed strong sales volumes and higher year-over-year prices, a trend we expect to continue into the next quarter. We are maintaining our full-year sales volume guidance, with volumes expected to be in line with last year. The seawater pipeline is currently in the commissioning phase, and we expect to bring it online during the second half of the year.\u201d<\/p>\n

The CEO concluded, \u201cWe continue to see positive market dynamics across our key business lines, particularly in lithium, while remaining optimistic about our iodine and specialty plant nutrition segments. We believe we are well positioned to deliver solid results and improved returns to our shareholders, while continuing to advance our expansion plans in both lithium and iodine\u201d<\/p>\n

To see full press release please visit: https:\/\/ir.sqm.com\/<\/a><\/p>\n

\"\"
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\n \"\"\n <\/div>\n

\n
Contact information\r\nNova Andino Litio:\r\nIgnacia Lopez \/ ignacia.lopez@novandino.com\r\n\r\nInternational Lithium Division:\r\nDiana Wearing Smith \/ diana.wearingsmith@sqm.com\r\n\r\nIodine & Plant Nutrition Division:\r\nCarolina Guzman \/ carolina.guzman@sqm.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Highlights SQM reported total revenues for the three months ended March 31, 2026 of US$1,760.1 million compared to total revenues of US$1,036.6 million for the same period last year. Net income for the three months ended March 31, 2026 of US$364.7 million or US$1.28 per share, compared to US$137.5 million or US$0.48 per share for the same period last year. In lithium: Strong sales volumes amidst strong market demand. Moving-up sales volumes guidance for the year. In SPN: Stronger than expected quarter in both volumes and prices. Moving-up sales volumes for the year. \u00a0 SQM will hold a conference call to discuss these results on Wednesday, May 27, 2026 at 12:00pm EDT (12:00pm Chile time). Participant Call link: https:\/\/register-conf.media-server.com\/register\/BIf194b8fef0d7479a82018f16e2c31fe3 Webcast: … <\/p>\n
Continue reading “SQM Reports Earnings for the Three Months Ended March 31, 2026”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-967156","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSQM Reports Earnings for the Three Months Ended March 31, 2026 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sqm-reports-earnings-for-the-three-months-ended-march-31-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SQM Reports Earnings for the Three Months Ended March 31, 2026 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Highlights SQM reported total revenues for the three months ended March 31, 2026 of US$1,760.1 million compared to total revenues of US$1,036.6 million for the same period last year. Net income for the three months ended March 31, 2026 of US$364.7 million or US$1.28 per share, compared to US$137.5 million or US$0.48 per share for the same period last year. In lithium: Strong sales volumes amidst strong market demand. Moving-up sales volumes guidance for the year. In SPN: Stronger than expected quarter in both volumes and prices. Moving-up sales volumes for the year. \u00a0 SQM will hold a conference call to discuss these results on Wednesday, May 27, 2026 at 12:00pm EDT (12:00pm Chile time). 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