Southern Copper (SCCO) Operating Expenses (2009 - 2026)
Southern Copper (SCCO) recorded quarterly Operating Expenses of $1.8 billion in Q1 2026, up 0.66% quarter-over-quarter from $1.8 billion in Q4 2025, and up 11.64% on a YoY basis from $1.6 billion in Q1 2025.
Southern Copper (SCCO) Operating Expenses (2009 - 2026) Analysis & Trends
Southern Copper's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 11.64% year-over-year to $1.8 billion; the TTM figure through Mar 2026 stood at $6.6 billion (up 9.05% YoY), while the FY2025 annual figure was $6.4 billion, up 9.18% from the prior year.
- Operating Expenses was $1.8 billion for Q1 2026 at Southern Copper, up from $1.8 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.8 billion in Q1 2026 to a low of $1.3 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.5 billion across 5 years, with a median of $1.5 billion in 2025.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses rose 22.64% in 2022, then slipped 6.57% in 2023.
- A 5-year view of Operating Expenses shows it stood at $1.5 billion in 2022, then retreated by 1.61% to $1.4 billion in 2023, then increased by 3.51% to $1.5 billion in 2024, then increased by 19.12% to $1.8 billion in 2025, then climbed by 0.66% to $1.8 billion in 2026.
- The last three Operating Expenses figures came in at $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 1.77 Bn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 4.10 Bn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 289.40 Mn |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | -11.06 Mn |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 10.27 Mn |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | -3.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.22 Bn |