FINHUB Insights

FCX · Q1 FY26 · Jan 1 – Mar 31, 2026

Freeport-McMoRan Q1 FY26: where the revenue came from and where it went

Freeport-McMoRan Q1 FY26: revenue $6.2B (+9% year over year). Net profit $1.4B. Largest cohort Copper cathode $2.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jan 1 – Mar 31, 2026
Reported
May 8, 2026 10-Q
Sankey diagram of Freeport-McMoRan's income statement for Q1 FY26: revenue of $6.23 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$6.23B +9% year over year
Gross profit$2.30B 37% margin
Operating profit$2.14B 34% margin
Net profit$1.39B 22% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 6.23 100% +9%
Copper cathode 2.05 33% +1%
Refined copper products 1.50 24% +57%
Copper in concentrates 1.08 17% −22%
Gold 0.69 11% +46%
Molybdenum 0.61 10% +39%
Silver & other 0.28 4% +100%
Cost of revenue−3.9463%
Gross profit2.3037% margin+11pp
SG&A−0.163%+0pp
Operating profit2.1434% margin+12pp
Tax−0.65
Interest & other costs−0.10
Net profit1.3922%+8pp
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.