Income StatementBalance SheetCash FlowSegments
Freeport-McMoRan Inc. logo

Freeport-McMoRan Inc. Income Statement

Revenue, expenses, and profitability over time

Freeport-McMoRan Inc. generated $26.4B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $4.7B with a 17.96% net margin. Gross margin stands at 28.18% and operating margin at 27.83%. Diluted EPS is $1.88, which grew 0.6% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$26.4BGross Profit (TTM)$7.4BOperating Income (TTM)$7.4BNet Income (TTM)$4.7BEps Diluted (TTM)$1.88
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$89.1B
P/E Ratio18.78
ROE25.52%

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share$0.2$0.2$0.2$0.2$0.2$0.2
Dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Reclassifications Net of Tax$274.0M$352.0M$772.0M$674.0M$406.0M$881.0M
Dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends declared (in dollars per share)$0.2$0.2$0.2$0.2$0.2$0.2
Interest Income (Expense), Operating-$70.0M-$70.0M-$82.0M-$107.0M-$110.0M-$114.0M
Other income, net (Note 6)$67.0M$58.0M$41.0M$59.0M$65.0M$11.0M
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share (Declared)$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Basic earnings per share$0.19$0.24$0.53$0.46$0.28$0.61
Diluted earnings per share$0.19$0.24$0.53$0.46$0.28$0.61
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common stock dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Dividends per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common stock dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common Stock Dividends Per Share Declared$0.2$0.2$0.2$0.2$0.2$0.2
Common stock dividends per share declared$0.2$0.2$0.2$0.2$0.2$0.2
Weighted-average shares, basic—1.4B1.4B1.4B—1.4B
Weighted-average shares, diluted—1.4B1.4B1.4B—1.4B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$274.0M$352.0M$772.0M$674.0M$406.0M$881.0M
Common Dividends Declared (Per Share)$0.2$0.2$0.2$0.2$0.2$0.2
Net earnings to common$274.0M$352.0M$772.0M$674.0M$406.0M$881.0M
Net Income Available to Common Shareholders$274.0M$352.0M$772.0M$674.0M$406.0M$881.0M
Net income$721.0M$793.0M$1.5B$1.2B$565.0M$1.4B
Net income attributable to common stock$274.0M$352.0M$772.0M$674.0M$406.0M$881.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dry Hole Expense$41.0M$39.0M$46.0M$55.0M$52.0M$38.0M
Exploration Expense$41.0M$39.0M$46.0M$55.0M$52.0M$38.0M
Depreciation and amortization$537.0M$466.0M$668.0M$625.0M$485.0M$514.0M
Insured Event Gain Loss—$0.0———$699.0M
Selling, general and administrative$129.0M$154.0M$127.0M$131.0M$133.0M$162.0M
Total operating expenses$4.5B$4.4B$5.2B$5.0B$4.8B$4.1B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Production and delivery$3.8B$3.8B$4.3B$4.2B$4.1B$4.1B
Total cost of revenue$4.3B$4.2B$5.0B$4.8B$4.6B$4.6B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$1.0M$2.0M$6.0M-$8.0M$1.0M$6.0M
Other Charges$67.0M$58.0M$41.0M$59.0M$65.0M$11.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$1.4B$1.5B$2.6B$2.1B$1.0B$1.7B
Operating income$1.2B$1.3B$2.4B$2.0B$811.0M$2.1B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.2B$1.3B$2.4B$1.9B$766.0M$2.0B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$520.0M$500.0M$850.0M$669.0M$202.0M$653.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$5.7B$5.7B$7.6B$7.0B$5.6B$6.2B