Freeport-McMoRan Q3 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
- Jul 1 – Sep 30, 2026
Revenue$7.55B
+8% year over year
Gross profit$2.55B
34% margin
Operating profit$2.35B
31% margin
Net profit$1.17B
16% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 7.55 | 100% | +8% |
| Rod & refining | 2.24 | 30% | |
| Cerro verde | 1.49 | 20% | |
| Grasberg | 1.48 | 20% | |
| Atlantic copper smelting | 1.03 | 13% | |
| Morenci | 0.76 | 10% | |
| Intersegment customers | 0.33 | 4% | |
| Other revenue | 0.22 | 3% | |
| Cost of revenue | −5.00 | 66% | |
| Gross profit | 2.55 | 34% margin | +3pp |
| SG&A | −0.13 | 2% | +0pp |
| Other | −0.06 | 1% | +0pp |
| Operating profit | 2.35 | 31% margin | +3pp |
| Interest & other costs | −0.57 | ||
| Tax | −0.61 | ||
| Net profit | 1.17 | 16% margin |
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