FINHUB Insights

FCX · Q1 FY25 · Jan 1 – Mar 31, 2025

Freeport-McMoRan Q1 FY25: where the revenue came from and where it went

Freeport-McMoRan Q1 FY25: revenue $5.7B (−9% year over year). Net profit $0.8B. Largest cohort Copper Cathode $2B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2025
Reported
May 8, 2025 10-Q
Sankey diagram of Freeport-McMoRan's income statement for Q1 FY25: revenue of $5.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$5.7B −9% year over year
Gross profit$1.5B 26% margin
Operating profit$1.3B 23% margin
Net profit$0.8B 14% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
ItemValueShare of revenueYear over year
Revenue 5.7 100% −9%
Copper Cathode 2 35% +3%
Copper in Concentrates 1.4 25% −24%
Refined Copper Products 1 18% +1%
Gold 0.5 9% −59%
Molybdenum 0.4 7% +6%
Purchased Copper 0.3 5%
Silver and Other 0.1 2%
Cost of revenue−4.274%
Gross profit1.526% margin−3pp
SG&A−0.23%+0pp
Other−01%+0pp
Operating profit1.323% margin−3pp
Tax−0.5
Net profit0.814%−5pp
Filing on EDGAR More quarters of FCX

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters