Operating Expenses

SG&A

Freeport-McMoRan Inc. SG&A increased by 21.8% to $162.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $154.00M to $162.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 9.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 8, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$87.00M$102.00M$94.00M$115.00M$100.00M$98.00M$107.00M$126.00M$115.00M$118.00M$120.00M$144.00M$123.00M$117.00M$129.00M$154.00M$127.00M$131.00M$133.00M$162.00M
QoQ Change+17.2%-7.8%+22.3%-13.0%-2.0%+9.2%+17.8%-8.7%+2.6%+1.7%+20.0%-14.6%-4.9%+10.3%+19.4%-17.5%+3.1%+1.5%+21.8%
YoY Change+14.9%-3.9%+13.8%+9.6%+15.0%+20.4%+12.1%+14.3%+7.0%-0.8%+7.5%+6.9%+3.3%+12.0%+3.1%+5.2%
Range$87.00M$162.00M
CAGR+14.0%
Avg YoY Growth+8.8%
Median YoY Growth+8.5%
Current Streak3 quarters growth

Business Segments — Molybdenum

View all
SegmentQ1 '24Q2 '24Q3 '24
Molybdenum$0.00$0.00$0.00
Total$144.00M$123.00M$117.00M

Molybdenum was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Business Segments — Grasberg Segment

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Grasberg Segment$31.75M$31.75M$31.75M$27.00M$25.00M
Atlantic Copper Smelting & Refining$6.00M$6.00M$7.00M$9.00M$7.00M$7.00M$9.00M$11.00M
Molybdenum$0.00$0.00$0.00$0.00$0.00$0.00
Morenci$0.00
Rod & Refining$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Total$123.00M$117.00M$129.00M$154.00M$127.00M$131.00M$133.00M$162.00M

Molybdenum was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown

View all
SegmentQ4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
South America$2.00M$2.00M$2.00M$2.00M$2.00M$2.00M$2.00M$2.00M
North America$1.00M$1.00M$1.00M$1.00M$1.00M$1.00M$1.00M$1.00M
Total$120.00M$144.00M$123.00M$117.00M$129.00M$154.00M$127.00M$131.00M

North America, South America were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Freeport-McMoRan Inc.'s sg&a?
Freeport-McMoRan Inc. (FCX) reported sg&a of $162.00M in Q1 2026.
How has Freeport-McMoRan Inc.'s sg&a changed year-over-year?
Freeport-McMoRan Inc.'s sg&a increased by 5.2% year-over-year, from $154.00M to $162.00M.
What is the long-term trend for Freeport-McMoRan Inc.'s sg&a?
Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s sg&a has grown at a 9.2% compound annual growth rate (CAGR), from $383.00M to $545.00M.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.