Southern Copper 2Q26 net income rises 71.6% to $1.67 billion; net sales climb 40.6% to $4.29 billion
SCCO•Financing and project pipeline
- Issued $1.25 billion of 10-year fixed-rate senior unsecured notes due 2036 at 5.350% to fund Tía María; reiterated Peru project pipeline at $10.3 billion.
2Q26 results and cash flow
- Southern Copper posted 2Q26 net income of $1.67 billion, up 71.6% from a year earlier; EPS rose 71.8% to $2.01.
- Net sales climbed 40.6% to $4.29 billion; operating income increased 65.3% to $2.62 billion.
- Adjusted EBITDA rose 59.5% to $2.86 billion; net income margin widened 7 percentage points to 38.9%.
- 6M26 operating cash flow more than doubled to $3.68 billion; operating cash cost per pound fell 93% to $0.05.
