Freeport-McMoRan Quarterly Income Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Freeport-McMoRan revenue and earnings
In the quarter ended Jun 30, 2026, Freeport-McMoRan generated $7.03 billion in revenue, down 7.3% from the same quarter a year earlier. Net income was $984.0 million (+27.5% year over year), for a net margin of 14.0% versus a median of 13.8% in the prior 5 quarters. Gross margin was 31.1% (down from 34.7%) and operating margin 28.5%.
Diluted earnings per share came in at $0.68, up from $0.53.
Summary generated from market data by MetaCap's automated system. Methodology
Freeport-McMoRan income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20232024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.03B | 6.23B | 5.63B | 6.97B | 7.58B | 5.73B | 5.72B | 6.79B | 6.62B | 6.32B | 5.91B | 5.82B |
| Revenue growth (YoY) | -7.29% | +8.83% | -1.52% | +2.68% | +14.46% | -9.38% | -3.13% | +16.59% | +15.46% | +17.29% | +2.55% | +16.41% |
| Cost of Revenue | 4.84B | 4.58B | 4.62B | 4.83B | 4.95B | 4.22B | 4.29B | 4.68B | 4.38B | 4.44B | 3.95B | 4.09B |
| Gross Profit | 2.19B | 1.66B | 1.02B | 2.14B | 2.63B | 1.51B | 1.43B | 2.11B | 2.24B | 1.88B | 1.96B | 1.74B |
| Operating Expenses | 183.00M | -482.00M | 206.00M | 170.00M | 200.00M | 203.00M | 182.00M | 175.00M | 191.00M | 248.00M | 234.00M | 246.00M |
| Selling, General & Admin | 135.00M | 162.00M | 133.00M | 131.00M | 127.00M | 154.00M | 129.00M | 117.00M | 123.00M | 144.00M | 120.00M | 118.00M |
| Operating Income | 2.00B | 2.14B | 811.00M | 1.97B | 2.43B | 1.30B | 1.24B | 1.94B | 2.05B | 1.63B | 1.72B | 1.49B |
| Other Income (Expense) | 22.00M | 11.00M | 65.00M | 59.00M | 41.00M | 58.00M | 67.00M | 97.00M | 69.00M | 129.00M | 103.00M | 71.00M |
| Pretax Income | 1.93B | 2.03B | 766.00M | 1.92B | 2.39B | 1.29B | 1.24B | 1.96B | 2.03B | 1.67B | 1.73B | 1.47B |
| Income Tax | 544.00M | 653.00M | 202.00M | 669.00M | 850.00M | 500.00M | 520.00M | 737.00M | 754.00M | 512.00M | 724.00M | 508.00M |
| Net Income | 984.00M | 1.39B | 565.00M | 1.25B | 772.00M | 793.00M | 721.00M | 1.24B | 1.28B | 1.16B | 1.01B | 964.00M |
| Net Income growth (YoY) | +27.46% | +74.91% | -21.64% | +0.89% | -39.69% | -31.76% | -28.40% | +28.22% | +75.10% | +10.77% | +3.07% | +72.14% |
| EPS (Basic) | 0.68 | 0.61 | — | 0.46 | 0.53 | 0.24 | — | 0.36 | 0.42 | 0.33 | — | 0.31 |
| EPS (Diluted) | 0.68 | 0.61 | — | 0.46 | 0.53 | 0.24 | — | 0.36 | 0.42 | 0.32 | — | 0.31 |
| Shares Outstanding (Basic) | 1.44B | 1.44B | — | 1.44B | 1.44B | 1.44B | — | 1.44B | 1.44B | 1.44B | — | 1.44B |
| Shares Outstanding (Diluted) | 1.44B | 1.44B | — | 1.44B | 1.44B | 1.44B | — | 1.44B | 1.45B | 1.44B | — | 1.44B |
| EBITDA | 2.53B | 2.65B | 1.30B | 2.60B | 3.10B | 1.77B | 1.78B | 2.54B | 2.56B | 2.23B | 2.31B | 2.02B |
| Gross Margin | 31.10% | 26.55% | 18.05% | 30.72% | 34.71% | 26.29% | 24.91% | 31.12% | 33.82% | 29.77% | 33.12% | 29.84% |
| Operating Margin | 28.50% | 34.28% | 14.40% | 28.28% | 32.08% | 22.75% | 21.73% | 28.54% | 30.93% | 25.85% | 29.16% | 25.62% |
| Net Margin | 14.00% | 22.25% | 10.03% | 17.89% | 10.18% | 13.84% | 12.60% | 18.20% | 19.32% | 18.38% | 17.05% | 16.55% |
This table shows 12 quarterly periods of Freeport-McMoRan's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow FCX's reporting calendar. What is a income statement?