Sociedad Química y Minera de Chile S.A. (SQM) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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SQM Revenue Growth
Revenue Breakdown (FY 2024)
SQM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SQM Revenue Analysis (2013–2024)
As of May 8, 2026, Sociedad Química y Minera de Chile S.A. (SQM) generated trailing twelve-month (TTM) revenue of $4.33 billion, reflecting solid growth of +8.9% year-over-year. The most recent quarter (Q3 2025) recorded $1.17 billion in revenue, up 12.5% sequentially.
Looking at the longer-term picture, SQM's 5-year compound annual growth rate (CAGR) stands at +18.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $10.71 billion in 2022.
Revenue diversification analysis shows SQM's business is primarily driven by Lithium and Derivatives (49%), Iodine And Derivatives (21%), and Specialty plant nutrition (21%).
When compared to Basic Materials sector peers including ALB (+7.9% YoY), SGML (+3.2% YoY), and MOS (+5.0% YoY), SQM has outperformed the peer group in terms of revenue growth. Compare SQM vs ALB →
SQM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $4.3B | +8.9% | +18.4% | 23.5% | ||
| $5.1B | +7.9% | +10.4% | 1.8% | ||
| $209M | +3.2% | - | -3.0% | ||
| $11.7B | +5.0% | +6.1% | 9.9% | ||
| $27.4B | +3.6% | +5.5% | 14.5% |
SQM Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $4.53B | -39.4% | $1.33B | 29.3% | $1.07B | 23.5% |
| 2023 | $7.47B | -30.3% | $3.08B | 41.2% | $2.84B | 38.1% |
| 2022 | $10.71B | +274.2% | $5.74B | 53.6% | $5.53B | 51.6% |
| 2021 | $2.86B | +57.5% | $1.09B | 38.1% | $927.3M | 32.4% |
| 2020 | $1.82B | -6.5% | $482.9M | 26.6% | $302.5M | 16.6% |
| 2019 | $1.94B | -14.2% | $560.1M | 28.8% | $433.7M | 22.3% |
| 2018 | $2.27B | +5.0% | $780.2M | 34.4% | $666.6M | 29.4% |
| 2017 | $2.16B | +11.2% | $762.5M | 35.3% | $618.1M | 28.6% |
| 2016 | $1.94B | +12.2% | $611.0M | 31.5% | $448.8M | 23.1% |
| 2015 | $1.73B | -14.2% | $542.7M | 31.4% | $368.6M | 21.3% |
Full SQM Stock Analysis
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Start ComparisonSQM — Frequently Asked Questions
Quick answers to the most common questions about buying SQM stock.
Is SQM's revenue growth accelerating or slowing?
SQM maintains +8.9% revenue growth, in line with its 5-year CAGR of +18.4%. TTM revenue stands at $4.3B. Growth rate remains consistent with historical average.
What is SQM's long-term revenue growth rate?
Sociedad Química y Minera de Chile S.A.'s 5-year revenue CAGR of +18.4% reflects the sustained expansion pattern. Current YoY growth of +8.9% is near this long-term average.
How is SQM's revenue distributed by segment?
SQM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.