SOUTHERN COPPER CORP/
For the period ended Sep 30, 2026. Filed Oct 30, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 30, 2026
SCCO$170.36-3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 1. Condensed Consolidated Financial Statements (Unaudited)
Item 1. Condensed Consolidated Financial Statements
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS
| | | | | | | | | | | | | | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Nine Months Ended · | |||||||||||||
| · · September 30, · · September 30, · | |||||||||||||
| · · 2026 · · 2025 · · 2026 · · 2025 · | |||||||||||||
| · · (in millions, except for per share amounts) · | |||||||||||||
| Net sales (including sales to related parties, see note 5) | | $4,696.6 | | $3,377.3 | | $13,237.0 | | $9,550.2 | | ||||
| Operating cost and expenses: | | | | | | | | | | | | | |
| Cost of sales (exclusive of depreciation, amortization and depletion shown separately below) | | 1,599.1 | | 1,356.8 | | 4,487.4 | | 3,887.7 | | ||||
| Selling, general and administrative | | 36.4 | | 33.7 | | 107.5 | | 97.9 | | ||||
| Depreciation, amortization and depletion | | 230.4 | | 207.8 | | 682.1 | | 637.7 | | ||||
| Exploration | | 15.7 | | 10.2 | | 41.4 | | 35.6 | | ||||
| Total operating costs and expenses | | 1,881.5 | | 1,608.5 | | 5,318.3 | | 4,658.9 | | ||||
| | | | | | | | | | | | | | |
| Operating income | | 2,815.1 | | 1,768.8 | | 7,918.7 | | 4,891.3 | | ||||
| | | | | | | | | | | | | | |
| Interest expense | | (121.4) | | (104.3) | | (331.6) | | (312.3) | | ||||
| Capitalized interest | | 20.3 | | 13.0 | | 52.5 | | 35.0 | | ||||
| Interest income | | 71.4 | | 47.9 | | 175.7 | | 149.7 | | ||||
| Other (expense) income | | (5.3) | | (1.1) | | 8.3 | | (17.2) | | ||||
| Income before income taxes | | 2,780.1 | | 1,724.1 | | 7,823.6 | | 4,746.6 | | ||||
| Income taxes (including royalty taxes, see Note 4) | | 990.9 | | 619.7 | | 2,827.2 | | 1,728.4 | | ||||
| Net income before equity earnings of affiliate | | 1,789.2 | | 1,104.5 | | 4,996.4 | | 3,018.2 | | ||||
| Equity earnings of affiliate, net of income tax | | 17.8 | | 6.4 | | 67.0 | | 18.5 | | ||||
| Net income | | 1,807.0 | | 1,110.9 | | 5,063.5 | | 3,036.7 | | ||||
| Less: Net income attributable to the non-controlling interest | | 5.2 | | 3.3 | | 14.9 | | 9.7 | | ||||
| Net income attributable to SCC | | $1,801.8 | | $1,107.6 | | $5,048.6 | | $3,027.0 | | ||||
| | | | | | | | | | | | | | |
| Per common share amounts attributable to SCC: | | | | | | | | | | | | | |
| Net earnings-basic and diluted | | $2.15 | | $1.32 | | $6.08 | | $3.65 | | ||||
| | | | | | | | | | | | | | |
| Weighted average shares outstanding-basic and diluted | | 838.1 | | 838.1 | | 829.7 | | 829.7 | | ||||
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
| · · · · · · · · · · · · · | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| · · Three Months Ended · · Nine Months Ended · | ||||||||||
| · · September 30, · · September 30, · | ||||||||||
| · · 2026 · · 2025 · · 2026 · · 2025 · | ||||||||||
| · · (in millions) · | ||||||||||
| COMPREHENSIVE INCOME: · · · · · · · · · · · · · | ||||||||||
| Net income and comprehensive income | | $1,807.0 | | $1,110.9 | | $5,063.5 | | $3,036.7 | | |
| Total comprehensive income | | 1,807.0 | | | 1,110.9 | | 5,063.5 | | 3,036.7 | |
| Comprehensive income attributable to the non-controlling interest | | 5.2 | | | 3.3 | | 14.9 | | 9.7 | |
| Comprehensive income attributable to SCC | | $1,801.8 | | $1,107.6 | | $5,048.6 | | $3,027.0 | | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.