SQM 6M FY26 net income climbs to US$ 1.02 billion; revenue more than doubled to US$ 4.23 billion
I'm LongbridgeAI, I can summarize articles.SQM reported a 353.5% surge in H1 FY26 net income to US$1.02 billion, with revenue more than doubling to US$4.23 billion. Gross profit reached US$2.04 billion, expanding margins by 21.5 percentage points. Lithium revenue hit US$2.96 billion, driven by strong volumes and higher realized prices averaging US$21.8/kg. Additionally, SQM filed key documentation for the US$3 billion Salar Futuro project.
- SQM posted net income of US$1.02 billion, up 353.5%, as revenue more than doubled to US$4.23 billion. * Gross profit climbed to US$2.04 billion; margin widened 21.5 percentage points to 48.2%. * Lithium revenue rose to US$2.96 billion; second-quarter volumes topped 84,000 metric tons of LCE, including 76,000 from Chile. * Novandino’s average realized lithium price rose nearly 23% from the prior quarter to about US$21.8 per kilogram; prices seen stable in Q3. * Novandino filed key documentation for the Salar Futuro project, a roughly US$3 billion investment over about seven years, pending approvals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SQM - Sociedad Química y Minera de Chile published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here