Freeport-McMoran Inc. (FCX) Financials
Key financial figures for Freeport-McMoran Inc. (Q3 2026).
FCX Q3 2026 adjusted EPS of $0.88 (GAAP $0.81) rose from $0.50 a year earlier as a $6.54/lb realized copper price offset a 23% drop in copper sales to 749 million pounds. Earnings: Net income attributable to common stock was $1,174M ($0.81 per diluted share) versus $674M ($0.46) in Q3 2025; adjusted net income was $1,275M ($0.88) versus $722M ($0.50), after excluding $101M ($0.07 per share) of after-tax net charges, primarily PTFI mud rush idle facility and restoration costs. Revenue and operating income: Revenues were $7,546M versus $6,972M a year earlier (+8%), and operating income was $2,353M versus $1,972M (+19%). On the outlook: Full-year 2026 consolidated sales expected to approximate 3.0B lbs of copper (3.1B in the July release), 649 koz of gold (650 koz) and 93M lbs of molybdenum (93M), including 875M lbs of copper, 300 koz of gold and 22M lbs of molybdenum in Q4 2026; unit net cash costs expected to average $1.90/lb for 2026 (unchanged, including $1.68/lb in Q4); capital expenditures about $4.4B (from $4.3B) including $3.0B for major mining projects; operating cash flows about $8.5B (from $8.3B, on different price assumptions of $6.50/lb copper and $4,000/oz gold for Q4). Figures are for Q3 2026, as Freeport-McMoRan Inc. reported them.
- Revenue
- $7.5B
- Net Income
- $1.2B
- EPS
- $0.81
- Total Assets
- $61.5B
- Operating Cash Flow
- $2.0B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $7.5B | $1.2B | $0.81 | 31.18% | $822M |
| Q2 FY2026 | $7.0B | $984M | $0.68 | 28.5% | |
| Q1 FY2026 | $6.2B | $881M | $0.61 | 34.28% | $522M |
| Q4 FY2025 | $5.6B | $406M | $0.28 | 14.4% | |
| Q3 FY2025 | $7.0B | $674M | $0.46 | 28.06% | $608M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $25.7B | $2.2B | $1.52 | 24.44% | $1.1B |
| FY2024 | $25.5B | $1.9B | $1.30 | 26.97% | $2.4B |
| FY2023 | $22.7B | $1.8B | $1.28 | 26.79% | $455M |
Frequently asked questions
What was Freeport-McMoRan Inc.'s revenue last quarter?
Freeport-McMoRan Inc. reported revenue of $7.55 billion for Q3 FY2026, up 8.2% from the same period a year earlier.
Is Freeport-McMoRan Inc. profitable?
Yes. Freeport-McMoRan Inc. reported net income of $1.17 billion for Q3 FY2026, a net margin of 15.56% on revenue.
How has Freeport-McMoRan Inc.'s margin trended?
Operating margin was 31.18% in Q3 FY2026, compared with 28.06% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Freeport-McMoRan Inc. generate?
Freeport-McMoRan Inc. generated free cash flow of $822.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Freeport-McMoran Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.