FREEPORT-MCMORAN INC

For the period ended Mar 31, 2026. Filed May 8, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 8, 2026

FCX$60.31-3.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Unaudited)

	Three Months Ended
	March 31,
	2026	2025
(In Millions, Except Per Share Amounts)
Revenues	$6,234	$5,728
Cost of sales:
Production and delivery	4,065	3,756
Depreciation, depletion and amortization	514	466
Total cost of sales	4,579	4,222
Selling, general and administrative expenses	162	154
Exploration and research expenses	38	39
Environmental obligations and shutdown costs	17	10
PTFI mud rush incident insurance settlement	(699)	—
Total costs and expenses	4,097	4,425
Operating income	2,137	1,303
Interest expense, net	(114)	(70)
Other income, net	11	58
Income before income taxes and equity in affiliated companies’ net earnings	2,034	1,291
Provision for income taxes	(653)	(500)
Equity in affiliated companies’ net earnings	6	2
Net income	1,387	793
Net income attributable to noncontrolling interests	(506)	(441)
Net income attributable to common stockholders	$881	$352
Net income per share attributable to common stockholders:
Basic	$0.61	$0.24
Diluted	$0.61	$0.24
Weighted-average shares of common stock outstanding:
Basic	1,439	1,438
Diluted	1,444	1,444
Dividends declared per share of common stock	$0.15	$0.15

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.