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
DateValue
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