SQM SQM
Price Chart
Executive Summary
SQM reported a strong recovery in full-year 2025 with net income of $588.1M versus a $404.4M loss in 2024, driven by a 23.3% revenue increase in Q4 and record lithium sales volumes. The company benefited from tightening lithium markets and record iodine prices, which contributed 42% of gross profit.
Key Financial Metrics
Actionable Insight
The sharp improvement in Q4 and full-year profitability, especially in lithium and iodine, suggests SQM is well-positioned to capitalize on recovering commodity demand. Traders should monitor upcoming guidance for 2026, particularly around lithium market growth estimates (~25%) and expansion progress in Atacama and Australia.
Key Facts
- Full-year 2025 revenue: $4.576B (+1.0% YoY), net income: $588.1M vs. $404.4M loss in 2024
- Q4 2025 revenue: $1.324B (+23.3% YoY), net income: $183.8M (+53.0% YoY)
- Q4 gross profit: $448.5M, up 52.7% from $293.8M in Q4 2024
- Iodine contributed ~42% of total gross profit in 2025, with record prices due to tight supply
- First lithium hydroxide shipment from Kwinana refinery in Australia; certified with 37% lower emissions
Financial Impact
Net income swung from $404.4M loss to $588.1M profit; Q4 revenue up $250M YoY
Risk Factors
- Lithium prices remain cyclical and sensitive to EV demand and supply additions
- Geopolitical and regulatory risks in Chile related to mining operations and environmental policies
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3246874 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 27, 2026
13d ago
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6-K
| $83.94 $80.84 | ▼ −3.69% | ▼ −4.90% | $72.76 (−13.32%) |
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May 26, 2026
14d ago
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Press Release
| $83.94 $80.84 | ▼ −3.69% | ▼ −4.90% | $72.76 (−13.32%) |
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Feb 28, 2026
14w ago
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Press Release
| $74.78 $75.00 | ▲ +0.29% | ▲ +1.50% | $72.76 (−2.70%) |
US Market Status
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