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FCX earnings date & Q2 2026 results · Freeport-McMoRan
US GAAP · $M · vs Q2 2025 · reported 07/23/2026
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. · Wikipedia
More about the company
The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
Key growth driver: Copper price and Grasberg volumes; US leach-recovery projects add low-cost copper. · by the Q2 2026 report
When is FCX’s next earnings date?
Thursday, October 22, 2026estimated
Freeport-McMoRan (FCX) has not confirmed the date yet; Oct 22, 2026 is an estimate based on the company's past reporting schedule and may move once the date is announced. Consensus EPS forecast: $0.73 (9 analysts), vs $0.50 in the same quarter last year.
What time does FCX report? Usually before market open: the last 4 results releases reached the SEC at 8:06 am, 8:09 am, 8:06 am, 8:06 am ET.
Last report: Jul 23, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$7,029
-7.3%
Operating income
$2,003
-17.6%
28.5% margin
Net income
$1,391
-10.1%
Verdict: a price-over-volume quarter — copper sales volumes fell 30% during the Grasberg Block Cave ramp-up, yet realized prices of $6.17/lb (+36%) plus a smaller PTFI noncontrolling-interest share and lower DD&A drove attributable net income UP 27% on revenue that was DOWN 7%.
Q2 operating cash flow $2,048M; capex $1,104M; dividend $0.15/sh. FY2026 guidance: 3.1B lbs copper, 650koz gold, ~$1.90/lb unit net cash cost (H2 assumes $4,000/oz gold).
Source and notation
* marks non-cash / ≈ estimated. Source: Freeport-McMoRan press release 8-K EX-99.1 (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
Heads-up
- net income fell 10% y/y in Q2 2026
- revenue fell 7% y/y in Q2 2026
Most likely because the quarter's math is price vs volume: copper sales fell to 710M lbs (vs 1,016M) and gold sales collapsed 76% to 123koz during…; attributable income rose while consolidated income fell: noncontrolling interests (PTFI, Cerro Verde). Based on the Q2 2026 report.
Company filings on SEC EDGAR ↗Most likely because the quarter's math is price vs volume: copper sales fell to 710M lbs (vs 1,016M) and gold sales collapsed 76% to 123koz during the phased Grasberg Block Cave ramp-up…; attributable income rose while consolidated income fell: noncontrolling interests (PTFI, Cerro Verde). Based on the Q2 2026 report.
Company filings on SEC EDGAR ↗FCX earnings history: past report dates
| Jul 23, 2026 Thu | 8:06 ambefore market open | Jun 30, 2026 | $6.9B−8% y/y | $0.68+28% y/y |
| Apr 23, 2026 Thu | 8:09 ambefore market open | Mar 31, 2026 | $6.3B+12% y/y | $0.61+154% y/y |
| Jan 22, 2026 Thu | 8:06 ambefore market open | Dec 31, 2025 | ≈$5.3B−10% y/y | — |
| Oct 23, 2025 Thu | 8:06 ambefore market open | Sep 30, 2025 | $6.8B+2% y/y | $0.46+28% y/y |
| Jul 23, 2025 Wed | 8:09 ambefore market open | Jun 30, 2025 | $7.5B+18% y/y | $0.53+26% y/y |
| Apr 24, 2025 Thu | 8:09 ambefore market open | Mar 31, 2025 | $5.6B−10% y/y | $0.24−25% y/y |
| Jan 23, 2025 Thu | 8:08 ambefore market open | Dec 31, 2024 | ≈$5.9B+1% y/y | — |
| Oct 22, 2024 Tue | 8:15 ambefore market open | Sep 30, 2024 | $6.7B+14% y/y | $0.36+16% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Freeport-McMoRan: 5-year financials
| 2025 | 25,186 | 6,518 | 2,204 | 865 |
| 2023 | 22,703 | 6,225 | 1,848 | 863 |
| 2022 | 23,271 | 7,037 | 3,468 | 866 |
| 2021 | 22,422 | 8,366 | 4,306 | 331 |
| 2020 | 13,894 | 2,437 | 599 | 73 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Jan 2015The derivative suit over the 2013 acquisitions of PXP and MMR was settled: D&O insurers pay the company $115M, and the net amount plus $22.5M from FCX is paid to shareholders as a special dividend; independent committees were introduced. sec.gov ↗
- Feb 20262025 10-K cover: a single class — Common Stock $0.10 (NYSE: FCX); diluted shares −1.2% over 2020–2025, SBC 0.5% of revenue (XBRL). data.sec.gov ↗
- Feb 2026Dividend of $0.60 per share annually in 2022–2025 under the base-plus-variable payout framework adopted in 2021 (XBRL). data.sec.gov ↗
- Feb 20262025 10-K: the class action following the September 2025 accident and an SEC subpoena on disclosure regarding the smelter are open and unresolved. sec.gov ↗
Scoring: 2.0 −0.25 (criterion 4, episode over 10 years old — half of −0.5: the 2013 acquisition of related parties PXP and MMR, derivative suit settled in 2015 with money returned to shareholders) = 1.75 → 2.0
- Share classes
- Single class of common stock (10-K cover: Common Stock $0.10, NYSE).
- Dilution
- Diluted shares −1.2% over 2020–2025, SBC 0.5% of revenue.
- Disclosure
- Full 10-K/10-Q reporting.
- Dividends
- A payout framework (base + variable dividend and buybacks) has been in place since 2021, $0.60 per share in 2022–2025; the suspensions in 2016 (losses) and 2020 (before a formal policy was adopted) are not a deduction.
- Lawsuits & regulators
- The class action and derivative suits following the Grasberg accident (Sept. 2025) and the SEC subpoena on disclosure regarding construction of the Indonesian smelter are unresolved — no deduction. The derivative suit over the 2013 deals was settled in 2015 ($115M from insurers + $22.5M from the company, paid to shareholders as a special dividend).
- Related parties
- The acquisition of Plains Exploration and McMoRan Exploration (2013) amid directors' conflicts of interest — an episode over 10 years old, half weight; after the settlement, independent committees and a related-party transaction approval procedure were introduced.
How the score works · checked as of Sep 2026
Freeport-McMoRan (FCX) earnings: FAQ
When is FCX's next earnings date?
Freeport-McMoRan (FCX) has not confirmed the date yet; Oct 22, 2026 is an estimate based on its past reporting schedule.
What time does FCX report earnings?
Freeport-McMoRan usually reports before market open: its latest results release was filed with the SEC at 8:06 am ET on Jul 23, 2026.
When did FCX last report earnings?
Freeport-McMoRan reported Q2 2026 results on Jul 23, 2026.
What is the EPS estimate for FCX's next earnings?
The consensus EPS forecast is $0.73 (9 analysts), vs $0.50 in the same quarter last year.
Where can I find Freeport-McMoRan's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to FCX's filings; this page breaks the latest report down in a Sankey chart.
What was FCX's net income in Q2 2026?
Freeport-McMoRan reported net income of $1,391M for Q2 2026 (-10.1% year over year), under US GAAP.
Does Freeport-McMoRan pay dividends?
Yes. In 2025, Freeport-McMoRan paid $865M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error
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