SQM(US:SQM)2025-11-19 15:00Financial Performance - 3Q2025 - Revenues reached US$1,173 million, showing a Q-on-Q increase of 12.5% and a Y-on-Y increase of 9%[7] - Gross Profit was US$346 million, with a Q-on-Q increase of 36% and a Y-on-Y increase of 23%[7] - Earnings per Share reached US$0.62, with a Q-on-Q increase of 50% and a Y-on-Y increase of 36%[7] Lithium Market - Lithium sales volumes increased by 43% year-on-year, despite a 15% decrease in average sales prices[10] - The global lithium market is expected to grow over 20% in 2025[16] - Battery Energy Storage Systems (BESS) represent more than 20% of the global lithium demand[16] - SQM Lithium's Last Twelve Months (LTM) revenues were US$2,084 million, with a gross profit of US$480 million, holding approximately 17% market share as of December 31, 2024[12,15] Iodine Market - Iodine average sales prices increased by 5%, while sales volumes decreased slightly by 1%[10] - The global iodine market is expected to grow approximately 3% in 2026 compared to 2025[26] - SQM Iodine & Derivatives' LTM revenues were US$996 million, with a gross profit of US$528 million, holding approximately 37% market share as of December 31, 2024[20,25] Potassium Market - Potassium sales volumes decreased significantly by 62%, while average sales prices increased by 30%[10] - SQM Potassium's LTM revenues were US$183 million, with a gross profit of US$17 million, holding less than 1% market share as of December 31, 2024[39,40] Specialty Plant Nutrition (SPN) Market - SQM SPN's LTM revenues were US$957 million, with a gross profit of US$141 million[31] - The global KNO3 market is expected to grow at a normal rate of around 4% in 2025 compared to 2024[34] - SQM holds approximately 41% market share in Specialty Plant Nutrition as of December 31, 2024[36]