Business Segments · Operating income (loss)
Cerro Verde — Operating income (loss)
Freeport-McMoRan Inc. Cerro Verde — Operating income (loss) increased by 56.0% to $638M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 56.0%, from $409M to $638M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2023
Last reportedQ1 2026May 8, 2026
Rolls up toOperating Income
How to read this metric
An increase indicates improved operational performance and profitability; a decrease signals margin compression or operational challenges.
Detailed definition
This is the profit or loss generated by the segment after subtracting production, administrative, and exploration costs...
Peer comparison
Standard segment-level operating profit metric used across all industries.
Metric ID:
fcx_segment_cerro_verde_operating_income_lossHistorical Data
10 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $293.5M | $293.5M | $293.5M | $293.5M | $331.75M | $331.75M | $331.75M | $331.75M | $409M | $638M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.0% | +0.0% | +0.0% | +0.0% | +23.3% | +56.0% |
| YoY Change | — | — | — | — | +13.0% | +13.0% | +13.0% | +13.0% | +23.3% | +56.0% |
Range$293.5M – $638M
CAGR+41.2%
Avg YoY Growth+21.9%
Median YoY Growth+13.0%
Current Streak9+ quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s cerro verde — operating income (loss)?
- Freeport-McMoRan Inc. (FCX) reported cerro verde — operating income (loss) of $638M in Q1 2026.
- How has Freeport-McMoRan Inc.'s cerro verde — operating income (loss) changed year-over-year?
- Freeport-McMoRan Inc.'s cerro verde — operating income (loss) increased by 56.0% year-over-year, from $409M to $638M.
- What does cerro verde — operating income (loss) mean?
- The profit or loss from core mining operations before interest and taxes.