Operating Income
Gross Profit
Freeport-McMoRan Inc. Gross Profit increased by 62.7% to $1.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $1.51B to $1.66B. Over 4 years (FY 2021 to FY 2025), Gross Profit shows a downward trend with a -4.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
gross_profitHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.20B | $2.53B | $2.44B | $2.96B | $1.89B | $1.10B | $1.74B | $1.83B | $1.64B | $1.74B | $1.96B | $1.88B | $2.24B | $2.11B | $1.43B | $1.51B | $2.63B | $2.14B | $1.02B | $1.66B |
| QoQ Change | — | +15.2% | -3.6% | +21.4% | -36.3% | -41.5% | +57.2% | +5.2% | -10.1% | +5.9% | +12.5% | -3.8% | +19.0% | -5.7% | -32.6% | +5.7% | +74.8% | -18.6% | -52.5% | +62.7% |
| YoY Change | — | — | — | — | -14.1% | -56.4% | -28.9% | -38.4% | -13.1% | +57.4% | +12.7% | +3.1% | +36.5% | +21.6% | -27.1% | -20.0% | +17.5% | +1.4% | -28.6% | +9.9% |
Range$1.02B – $2.96B
CAGR-5.8%
Avg YoY Growth-4.2%
Median YoY Growth-5.9%
Gross Profit at Other Companies
Frequently Asked Questions
- What is Freeport-McMoRan Inc.'s gross profit?
- Freeport-McMoRan Inc. (FCX) reported gross profit of $1.66B in Q1 2026.
- How has Freeport-McMoRan Inc.'s gross profit changed year-over-year?
- Freeport-McMoRan Inc.'s gross profit increased by 9.9% year-over-year, from $1.51B to $1.66B.
- What is the long-term trend for Freeport-McMoRan Inc.'s gross profit?
- Over 4 years (2021 to 2025), Freeport-McMoRan Inc.'s gross profit has grown at a -4.6% compound annual growth rate (CAGR), from $8.82B to $7.30B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.