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Freeport-McMoRan by the numbers
Freeport-McMoRan (FCX) reported revenue of $7.03B in Q2 2026 (quarter ended Jun 30, 2026), down 7.3% from the same quarter a year earlier. That came with a gross margin of 31% and net income of $1.39B (20% of revenue). For the full year FY2025, revenue was $25.9B (+1.8% year on year) and net income $4.15B. Its largest product in Q2 2026 was Copper Cathode at $2.65B, 38% of the disclosed total, ahead of Refined Copper Products at 22%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $7.03B | $7.58B | −7.3% |
| Gross profit | $2.19B | $2.63B | −17% |
| Operating income | $2.00B | $2.43B | −18% |
| Net income | $1.39B | $1.55B | −10% |
| Diluted EPS | $0.68 | $0.53 | +28% |
| Product | Revenue | Share |
|---|---|---|
| Copper Cathode | $2.65B | 38% |
| Refined Copper Products | $1.53B | 22% |
| Copper In Concentrates | $976M | 14% |
| Molybdenum | $728M | 10% |
| Gold | $640M | 9.2% |
| Silver And Other | $297M | 4.3% |
| Purchased Copper | $164M | 2.3% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $6.99B (+11%)
Silver And Other grew +72% year on yearGold -65% year on year
Segment Latestquarter on quarteryear on year
- Copper Cathode$2.65B$2.65BQoQ +29%year on year +22%+29%+22%
- Refined Copper Products$1.53B$1.53BQoQ +1.9%year on year +58%+1.9%+58%
- Copper In Concentrates$976.0M$976.0MQoQ -9.9%year on year -52%-9.9%-52%
- Molybdenum$728.0M$728.0MQoQ +19%year on year +52%+19%+52%
- Gold$640.0M$640.0MQoQ -7.5%year on year -65%-7.5%-65%
- Silver And Other$297.0M$297.0MQoQ +6.8%year on year +72%+6.8%+72%
- Purchased Copper$164.0M$164.0MQoQ +84%year on year -5.2%+84%-5.2%
Basic Materials
Ranks #38 of 150 by Smart Score