Freeport-McMoRan (FCX)
Mines copper across the Americas and Indonesia, with integrated processing and by-product gold.
$74.50
After hours+0.16 (+0.21%)
At close$74.35(+3.03%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,868 | 5,799 | 6,210 | 6,370 | 6,680 | 5,880 | 5,554 | 7,582 | 6,972 | 5,633 | 6,234 | 7,029 |
| Cost of revenue | 4,115 | 3,980 | 4,467 | 4,407 | 4,696 | 4,382 | 4,299 | 4,996 | 4,885 | 4,616 | 4,579 | 4,843 |
| Gross profit | 1,753 | 1,819 | 1,743 | 1,963 | 1,984 | 1,498 | 1,255 | 2,586 | 2,087 | 1,017 | 1,655 | 2,186 |
| 216 | 200 | 211 | 151 | 137 | 141 | 164 | 154 | 131 | 206 | −482 | 183 | |
| Research & development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 53 |
| 118 | 120 | 144 | 123 | 117 | 129 | 154 | 127 | 131 | 133 | 162 | 135 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 162 | 0 |
| Other expenses | 98 | 80 | 67 | 28 | 20 | 12 | 10 | 27 | 0 | 73 | −682 | −5 |
| Operating income | 1,537 | 1,619 | 1,532 | 1,812 | 1,847 | 1,357 | 1,091 | 2,432 | 1,956 | 811 | 2,137 | 2,003 |
| −65 | 112 | 142 | 222 | 126 | −116 | 202 | −35 | −40 | −45 | −103 | −73 | |
| Interest expense | 96 | 97 | 89 | 88 | 72 | 70 | 70 | 82 | 107 | 110 | 114 | 95 |
| Other non-operating income | −31 | −206 | −231 | −306 | −188 | 47 | −270 | −41 | −67 | 155 | −11 | −22 |
| Income before tax | 1,472 | 1,731 | 1,674 | 2,034 | 1,973 | 1,241 | 1,293 | 2,397 | 1,916 | 766 | 2,034 | 1,930 |
| Income tax expense | 508 | 724 | 512 | 754 | 737 | 520 | 500 | 850 | 669 | 202 | 653 | 544 |
| Net income from continuing operations | 964 | 1,007 | 1,162 | 1,280 | 1,236 | 721 | 793 | 1,547 | 1,247 | 565 | 1,381 | 1,386 |
| Other adjustments | −5 | −1 | −5 | −6 | −6 | 0 | −6 | 0 | 0 | 0 | 6 | 5 |
| Net income | 449 | 387 | 468 | 610 | 520 | 274 | 346 | 772 | 674 | 406 | 881 | 984 |
| EPS, basic | $0.31 | $0.27 | $0.33 | $0.42 | $0.36 | $0.19 | $0.24 | $0.53 | $0.46 | $0.28 | $0.61 | $0.68 |
| EPS, diluted | $0.31 | $0.27 | $0.32 | $0.42 | $0.36 | $0.19 | $0.24 | $0.53 | $0.47 | $0.28 | $0.61 | $0.68 |
| Weighted average shares, basic | 1,435 | 1,434 | 1,436 | 1,436 | 1,444 | 1,437 | 1,444 | 1,444 | 1,443 | 1,443 | 1,444 | 1,443 |
| Weighted average shares, diluted | 1,443 | 1,444 | 1,444 | 1,445 | 1,444 | 1,445 | 1,444 | 1,444 | 1,443 | 1,443 | 1,444 | 1,443 |
| EBITDA | 2,101 | 2,414 | 2,358 | 2,627 | 2,635 | 1,847 | 1,827 | 3,141 | 2,648 | 1,141 | 2,662 | 2,548 |
| Depreciation & amortization | 533 | 589 | 595 | 509 | 600 | 537 | 466 | 668 | 625 | 485 | 514 | 523 |
| EBIT | 1,568 | 1,825 | 1,763 | 2,118 | 2,035 | 1,310 | 1,361 | 2,473 | 2,023 | 656 | 2,148 | 2,025 |
