Southern Copper (SCCO) Operating Expenses (2009 - 2026)
Southern Copper (SCCO) posted Operating Expenses of $1.7 billion for Q2 2026, down 5.94% on a QoQ basis from $1.8 billion in Q1 2026, and up 13.78% year-over-year from $1.5 billion in Q2 2025.
Southern Copper (SCCO) Operating Expenses (2009 - 2026) Analysis & Trends
Southern Copper has reported Operating Expenses for 18 years, with the latest figure at $1.7 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 13.78% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.8 billion, a 13.26% increase from a year earlier, with the FY2025 full-year figure at $6.4 billion, up 9.18% from the prior year.
- Operating Expenses was $1.7 billion for Q2 2026 at Southern Copper, down from $1.8 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.8 billion in Q1 2026, with the low at $1.3 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses gained 22.64% in 2022, then dropped 6.57% in 2023.
- Over 5 years, Operating Expenses stood at $1.5 billion in 2022, then dropped by 1.61% to $1.4 billion in 2023, then increased by 3.51% to $1.5 billion in 2024, then rose by 19.12% to $1.8 billion in 2025, then decreased by 5.32% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.8 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -780.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -82.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Bn |
| Mar 31, 2026 | 1.77 Bn |
| Dec 31, 2025 | 1.76 Bn |
| Sep 30, 2025 | 1.61 Bn |
| Jun 30, 2025 | 1.46 Bn |
| Mar 31, 2025 | 1.59 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 1.48 Bn |
| Jun 30, 2024 | 1.51 Bn |
| Mar 31, 2024 | 1.41 Bn |
| Dec 31, 2023 | 1.43 Bn |
| Sep 30, 2023 | 1.44 Bn |
| Jun 30, 2023 | 1.40 Bn |
| Mar 31, 2023 | 1.44 Bn |
| Dec 31, 2022 | 1.45 Bn |
| Sep 30, 2022 | 1.37 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.29 Bn |
| Sep 30, 2021 | 1.17 Bn |
Southern Copper Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SCCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SCCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SCCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();