---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-051281"
form_type: "8-K"
ticker: "SCCO"
cik: "0001001838"
company_name: "SOUTHERN COPPER CORP/"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:30:59.182583+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Southern Copper reports record Q1 net income $1.58B, appoints new CEO

## Summary
- Q1 net sales $4.25B (+36.2% YoY); net income $1.58B record (+66.7% YoY); EPS $1.92 vs $1.15.
- Adjusted EBITDA $2.71B (+55.4% YoY); adjusted EBITDA margin 63.8% vs 55.9%.
- Copper production down 4.0% YoY; by-product silver (+11.1%) and zinc (+2.0%) mined production up.
- CEO Oscar Gonzalez Rocha died April 7; Board appointed Leonardo Contreras as new CEO effective April 23.
- Quarterly cash dividend $1.00/share and stock dividend 0.0100 shares, payable May 29 to holders of record May 13.

## SEC filing metadata
- accession: 0001104659-26-051281
- form_type: 8-K
- ticker: SCCO
- cik: 0001001838
- company_name: SOUTHERN COPPER CORP/
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001838/000110465926051281/0001104659-26-051281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001838/000110465926051281/scco-20260428x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-051281
- JSON: https://secwatch.observer/filing/0001104659-26-051281.json
- Plain text: https://secwatch.observer/filing/0001104659-26-051281.txt

## Key facts
- Earnings Releases
  SOUTHERN COPPER CORP/ reported first quarter ended March 31, 2026 results: net income $1,576.9 million.
  - Period: first quarter ended March 31, 2026
  - Net income: $1,576.9 million
  - Result: reported results
  source text: was primarily fueled by an increase in sales volumes for silver (+11.6%) and zinc (+16.4%), and by an uptick in metal prices for all our products. ● 1Q26 Net income was $1,576.9 million, which represented a new Company record and an improvement of 66.7% compared to the $945.9 million registered in 1Q25. The net income margin in 1Q26 was 37.1%, versus 30.3% in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001838/000110465926051281/0001104659-26-051281-index.htm
- Earnings Releases
  SOUTHERN COPPER CORP/ reported first quarter ended March 31, 2026 results: net income $1,576.9 million.
  - Period: first quarter ended March 31, 2026
  - Net income: $1,576.9 million
  - Result: reported results
  source text: 1Q26 Net income was $1,576.9 million, which represented a new Company record and an improvement of 66.7% compared to the $945.9 million registered in 1Q25.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001838/000110465926051281/0001104659-26-051281-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.