SQM stock reports USD 2.47 billion in Q2 revenue

Published on 10/01/2026 at 03:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SQM stock posted USD 660.0 million in Q2 2026 net income, up from USD 88.0 million a year earlier. JPMorgan's target fell to USD 88.00 on September 18, 2026.

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SQM stock is anchored by Q2 2026 revenue of USD 2.47 billion and net income of USD 660.0 million. SQM reports that the figures cover the quarter ended June 30, 2026, giving the company a stronger earnings base ahead of its next scheduled results.

Revenue rebounds in Q2 2026

Q2 revenue rose 136.7 percent from USD 1.04 billion in Q2 2025 to USD 2.47 billion in Q2 2026. Gross profit also reached USD 1.26 billion, compared with USD 254.0 million in the year-earlier quarter, according to SQM.

Net income increased from USD 88.0 million in Q2 2025 to USD 660.0 million in Q2 2026. Diluted earnings per share reached USD 2.31, while the latest quarterly comparison points to a material improvement in profitability across the reporting period.

JPMorgan lowers its target

The analyst debate is more cautious than the earnings comparison. On September 18, 2026, MarketBeat reported that JPMorgan reduced its SQM target from USD 94.00 to USD 88.00 while retaining a neutral rating.

MarketBeat also cited quarterly adjusted earnings of USD 2.31 per share against a USD 2.03 consensus estimate, a USD 0.28 beat. Revenue of USD 2.47 billion exceeded the USD 2.24 billion consensus estimate, so the central investor question is whether the Q2 acceleration can continue beyond the reported period.

Next results are scheduled for November

SQM lists November 17, 2026, as the publication date for its third-quarter 2026 financial results, followed by a conference call on November 18, 2026. The date is shown on the company's investor-relations calendar and gives the market a defined checkpoint for testing the durability of the Q2 earnings rebound.

Prior close was EUR 57.30

The SQM stock prior close at Lang & Schwarz was EUR 57.30 on September 29, 2026. The reference is the last completed close in the euro quotation, while the latest company figures remain the main fundamental marker for the stock.