Southern Copper (SCCO) Operating Expenses (2009 - 2026)
Southern Copper (SCCO) posted quarterly Operating Expenses of $1.7 billion for Q2 2026, up 13.78% year-over-year from $1.5 billion in Q2 2025, and down 5.94% on a QoQ basis from $1.8 billion in Q1 2026.
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.
- Operating Expenses for Q2 2026 came in at $1.7 billion, up 13.78% year-over-year; the trailing twelve-month figure through Jun 2026 was $6.8 billion (up 13.26% YoY), and the FY2025 annual result was $6.4 billion, up 9.18% from the prior year.
- Operating Expenses eased to $1.7 billion in Q2 2026, from $1.8 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $1.8 billion in Q1 2026 and troughed at $1.3 billion in Q1 2022.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2024 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses climbed 22.64%; it then fell 6.57% in 2023.
- A 5-year view of Operating Expenses shows it stood at $1.5 billion in 2022, then decreased by 1.61% to $1.4 billion in 2023, then climbed by 3.51% to $1.5 billion in 2024, then grew by 19.12% to $1.8 billion in 2025, then fell by 5.32% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.7 billion in Q2 2026, $1.8 billion in Q1 2026, and $1.8 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.22 Bn | 152.89 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 98.99 Bn | 94.91 Bn | 2.19 Bn | 5.03 Bn |
| 3 | Hudbay Minerals | 11.05 Bn | 10.00 Bn | 269.00 Mn | 273.50 Mn |
| 4 | Ero Copper | 3.77 Bn | 3.68 Bn | 105.91 Mn | -11.06 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.05 Bn | 83.54 Mn | -3.35 Mn |
| 6 | Ivanhoe Electric | 1.74 Bn | 1.48 Bn | 368,000.00 | 22.20 Mn |
Historic Data
Download 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 |