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Freeport-McMoRan Q2 FY26: 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, 2026
Reported
Aug 6, 2026 10-Q accession 0000831259-26-000036

Revenue$7.03B −7% year over year
Gross profit$2.19B 31% margin
Operating profit$2.00B 28% margin
Net profit$0.98B 14% margin
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The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Segment revenue 9.64 137%
Other revenue 2.02 29%
Cerro verde 1.38 20%
Cerro unaffiliated customers 1.22 17%
Grasberg 1.07 15%
Grasberg… customers 1.07 15%
Refining 0.97 14%
Segment unaffiliated 0.97 14%
Intersegment customers 0.94 13%
Eliminations −2.61 −37%
Net revenue 7.03 100% −7%
Cost of revenue−4.8469%
Gross profit2.1931% margin−4pp
SG&A−0.142%+0pp
Other−0.051%+0pp
Operating profit2.0028% margin−4pp
Interest & other costs−0.48
Tax−0.54
Net profit0.98 14% margin

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

Filing on EDGAR More quarters of FCX

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