Available company data, source links and archived checks for Freeport-McMoRan. Read each source and date: a past check is not a fresh review, and some earlier figures have incomplete source details.
Quarter ended 2026-06-30 · consolidated · Company filing
| Quarter | Revenue / income | YoY | Profit | YoY | Net margin | Source |
|---|---|---|---|---|---|---|
| Jun 2026 | Revenue: $7.0 bn | -7.3% | Net profit: $984 mn | +27.5% | 14.0% | Company filing source |
| Mar 2026 | Revenue: $6.2 bn | +8.8% | Net profit: $1.4 bn | +74.9% | 22.2% | Company filing source |
| Dec 2025 | Revenue: $5.6 bn | -1.5% | Net profit: $565 mn | -21.6% | 10.0% | Company filing source |
| Sep 2025 | Revenue: $7.0 bn | +2.7% | Net profit: $1.2 bn | +0.9% | 17.9% | Company filing source |
| Jun 2025 | Revenue: $7.6 bn | +14.5% | Net profit: $772 mn | -39.7% | 10.2% | Company filing source |
| Mar 2025 | Revenue: $5.7 bn | -9.4% | Net profit: $793 mn | -31.8% | 13.8% | Company filing source |
YoY means change from the same quarter a year earlier. — means no comparable figure is available. Older entries with incomplete source details have not been revalidated under the current checks.
A major public health crisis at operating sites, particularly PTFI's remote site, could disrupt operating plans with material adverse effect.
Acquisition of Additional Ownership Interest in Cerro Verde. In September 2024, we purchased 5.3 million shares of Cerro Verde common stock for a total cost of $210 million, increasing our ownership interest in Cerro Verde to 55.08% from 53.56%.
Additional labor disruptions cannot be predicted, and significant productivity reductions or protracted work stoppages could significantly reduce production and sales volumes or disrupt operations, adversely affecting cash flows, results of operations and financial condition.
As of July 31, 2026, we have acquired a total of 55.4 million shares ($39.80 average cost per share) and have $2.8 billion available under our $5.0 billion share repurchase program.
Refer to Note 4 and “Capital Resources and Liquidity” for further discussion.
OUTLOOK
Our financial results vary as a result of fluctuations in metals market prices primarily for copper, gold and, to a lesser extent, molybdenum, as well as other factors. World market prices for these commodities have fluctuated historically and are affected by numerous factors beyond our control. Refer to “Markets” below, and “Risk Factors” in Part I, Item 1A. of our 2025 Form 10-K and Part II, Item 1A. herein for further discussion. Because we cannot control the prices of our products, the key measures that management focuses on in operating our business are sales volumes, unit net cash costs, operating cash flows and capital expenditures.
At December 31, 2025, we had no borrowings and $5 million in letters of credit issued under our $3.0 billion revolving credit facility, PTFI had $250 million in borrowings outstanding under its $1.75 billion revolving credit
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facility and Cerro Verde had no borrowings under its $350 million revolving credit facility. At December 31, 2025, Atlantic Copper had borrowings of $482 million outstanding under short-term lines of credit used for working capital requirements.
Refer to Note 6 for further discussion of debt.
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