FCXNYSEMetal MiningFiscal year ends December 31
FREEPORT-MCMORAN INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$69.75+0.21 (+0.30%)
Close on Oct 19, 2026
- Market cap
- $100.65B
- P/E (TTM)
- 34.4
- Dividend yield
- 0.86%
FREEPORT-MCMORAN INC revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rod and Refining Segment | $2.24B | $2.06B | $1.80B | $1.77B | $1.70B | $1.63B | $1.50B | $1.56B | $1.69B | $1.49B | $1.37B | $1.57B | 31.9% | +31.6% |
| Cerro Verde | $1.49B | $1.38B | – | – | $1.03B | $1.09B | – | – | – | – | – | – | 21.2% | +44.5% |
| Grasberg Segment | $1.48B | $1.07B | – | – | $3.42B | $1.57B | – | – | – | – | – | – | 21.1% | -56.6% |
| Atlantic Copper Smelting and Refining Segment | $1.03B | $969.00M | $834.00M | $768.00M | $818.00M | $755.00M | $687.00M | $759.00M | $898.00M | $673.00M | $625.00M | $692.00M | 14.7% | +25.9% |
| Morenci | $756.00M | $776.00M | – | – | $622.00M | $577.00M | – | – | – | – | – | – | 10.8% | +21.5% |
| Molybdenum | – | – | – | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | – | – |
| Operating income | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cerro Verde | $736.00M | $638.00M | – | – | $340.00M | $409.00M | – | – | – | – | – | – | +116.5% |
| Grasberg Segment | $499.00M | $842.00M | – | – | $1.87B | $777.00M | – | – | – | – | – | – | -73.3% |
| Morenci | $265.00M | $262.00M | – | – | $132.00M | $109.00M | – | – | – | – | – | – | +100.8% |
| Atlantic Copper Smelting and Refining Segment | $26.00M | $22.00M | -$14.00M | $7.00M | $13.00M | $5.00M | $15.00M | -$1.00M | $28.00M | $7.00M | $13.00M | $7.00M | +100.0% |
| Rod and Refining Segment | $22.00M | $15.00M | $4.00M | $11.00M | $7.00M | $9.00M | $0 | $7.00M | $11.00M | $11.00M | $2.00M | $10.00M | +214.3% |
| Molybdenum | – | – | – | $5.00M | $25.00M | $29.00M | $18.00M | -$27.00M | -$12.00M | $10.00M | $21.00M | $13.00M | – |
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Copper Cathode | $2.65B | $2.05B | $2.13B | $1.82B | $2.17B | $2.03B | $2.01B | $2.07B | $2.27B | $1.96B | $1.68B | $1.73B | 37.7% | +21.8% |
| Refined Copper Products | $1.53B | $1.50B | $1.16B | $1.33B | $969.00M | $960.00M | $912.00M | $1.01B | $974.00M | $953.00M | $862.00M | $992.00M | 21.8% | +58.2% |
| Copper In Concentrates | $976.00M | $1.08B | $934.00M | $1.97B | $2.02B | $1.39B | $1.53B | $1.79B | $1.60B | $1.82B | $1.89B | $1.97B | 13.9% | -51.8% |
| Molybdenum | $728.00M | $613.00M | $541.00M | $504.00M | $479.00M | $442.00M | $447.00M | $450.00M | $472.00M | $417.00M | $429.00M | $479.00M | 10.4% | +52.0% |
| Gold | $640.00M | $692.00M | $388.00M | $1.20B | $1.83B | $475.00M | $949.00M | $1.39B | $935.00M | $1.17B | $1.09B | $854.00M | 9.1% | -65.1% |
| Silver And Other | $297.00M | $278.00M | – | $223.00M | $173.00M | $139.00M | – | $173.00M | $144.00M | $153.00M | – | $136.00M | 4.2% | +71.7% |
| Purchased Copper | $164.00M | $89.00M | – | $18.00M | $173.00M | $298.00M | $126.00M | $150.00M | $262.00M | $146.00M | $105.00M | $71.00M | 2.3% | -5.2% |
| Other | – | – | – | – | – | – | – | – | – | $149.00M | $161.00M | $136.00M | – | – |
By region
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | – | – | – | $58.00M | $127.00M | $191.00M | $28.00M | $52.00M | $23.00M | $77.00M | $35.00M | $39.00M | – | – |
| South America | – | – | – | $1.18B | $1.02B | $1.13B | $1.05B | $1.12B | $1.33B | $1.03B | $964.00M | $1.03B | – | – |
From the segment and revenue-disaggregation notes of Freeport-Mcmoran's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.