Freeport-McMoRan Q2 FY25: where the revenue came from and where it went
The whole income statement of Freeport-McMoRan for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 8, 2025
Revenue$7.58B
+14% year over year
Gross profit$2.63B
35% margin
Operating profit$2.43B
32% margin
Net profit$1.55B
20% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Segment revenue | 7.65 | 101% | |
| Copper cathode | 2.17 | 29% | |
| Copper in concentrates | 2.02 | 27% | |
| Gold | 1.83 | 24% | |
| Refined copper products | 0.97 | 13% | |
| Molybdenum | 0.48 | 6% | |
| Silver and other | 0.17 | 2% | |
| Eliminations | −0.07 | −1% | |
| Net revenue | 7.58 | 100% | +14% |
| Cost of revenue | −4.95 | 65% | |
| Gross profit | 2.63 | 35% margin | +1pp |
| SG&A | −0.13 | 2% | +0pp |
| Other | −0.07 | 1% | +0pp |
| Operating profit | 2.43 | 32% margin | +1pp |
| Tax | −0.89 | ||
| Net profit | 1.55 | 20% margin | +1pp |
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