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Sociedad Química y Minera de Chile (SQM) investor relations material
Sociedad Química y Minera de Chile Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Financial performance highlights
Last twelve months revenue reached US$6.7 billion, with adjusted EBITDA of US$3.1 billion and a 46% margin as of June 30, 2026.
Q2 2026 revenue was US$2,468 million, up 40% quarter-on-quarter and 12% year-on-year.
Adjusted EBITDA for Q2 2026 was US$1,318 million, with a 53% margin, up 57% quarter-on-quarter and 82% year-on-year.
Net income for Q2 2026 was US$660 million, up 81% quarter-on-quarter and 403% year-on-year.
Net financial debt to adjusted EBITDA ratio stood at 0.3x as of June 30, 2026.
Business line performance
Lithium and derivatives contributed 64% of revenues and 71% of gross profit, with strong sales volumes (+59%) and higher average prices (+152%).
Iodine and derivatives accounted for 16% of revenues, with higher sales volumes (+9%) and record prices (+3%).
Specialty Plant Nutrition (SPN) made up 16% of revenues, with sales volumes up 14% and prices up 8%.
Potassium and industrial chemicals contributed 2% and 1% of revenues, respectively, with stable or recovering demand.
Market and operational outlook
Global lithium market demand expected to exceed 2.1 million MT in 2026, with tight supply-demand balance.
Estimated lithium production for 2026 is 280-290 ktons LCE, with capacity expected to surpass 300 ktons by 2027.
Iodine market share is ~37%, with demand growth of 3-4% expected in 2026, driven by x-ray contrast media.
SPN market share is ~39%, with 2026 sales volume growth projected at close to 10% due to Middle East conflict.
Industrial chemicals market share is ~13%, with stable outlook for 2026.
- Record revenue and profit growth fueled by lithium and iodine, with major expansion projects underway.SQM
Q2 2026 - Strong financials, sustainability focus, and capacity expansions drive growth and market leadership.SQM
Corporate presentation - Record Q1 2026 results driven by lithium and SPN growth, upgraded guidance, and strong margins.SQM
Q1 2026 - Strong FY2025 results driven by lithium, with robust ESG targets and global expansion.SQM
Corporate presentation - Record lithium and iodine sales in 2025, with strong 2026 outlook and improved margins.SQM
Q4 2025 - Net income rebounded to $226M on $2.08B revenue, with strong iodine and SPN performance.SQM
Q2 2025 - Net loss driven by lower lithium prices and tax expense, despite strong volume growth.SQM
Q3 2024 - Net loss driven by lower lithium prices and a $1.1B tax charge, despite record sales volumes.SQM
Q2 2024 - Record lithium and iodine volumes drove $4.5B+ revenue, but a $1.1B tax hit led to a net loss.SQM
Q4 2024
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Next Sociedad Química y Minera de Chile earnings date
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