Filing Flows › Freeport-McMoRan (FCX) › Q2 2026 › vs Q1 2026
Freeport-McMoRan (FCX) Q2 2026 vs Q1 2026 (quarter over quarter)
Freeport-McMoRan's revenue rose $795M (+13%) from $6.2B in Q1 2026 to $7.0B in Q2 2026. Operating margin 28.5% against 34.3% (-5.8 pts).
Freeport-McMoRan, Q2 2026: revenue $7.0B (-7% year over year), operating margin 28.5%, net earnings $984M, operating cash flow $2.0B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 28.5% | 34.3% | -5.8 pts |
| Net margin | 14.0% | 14.1% | -0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $7.0B | $6.2B | $795M | +13% |
| Operating profit | $2.0B | $2.1B | −$134M | -6% |
| Costs & expenses | $5.0B | $4.1B | $929M | +23% |
| Pre-tax earnings | $1.9B | $2.0B | −$105M | -5% |
| Other expense, net | $68.0M | $97.0M | −$29.0M | -30% |
| SG&A | $135M | $162M | −$27.0M | -17% |
| Other operating costs | $48.0M | $3.9B | −$3.9B | -99% |
| Net earnings | $984M | $881M | $103M | +12% |
| Minority interests | $407M | $506M | −$99.0M | -20% |
| Income tax | $544M | $653M | −$109M | -17% |
| Depreciation & amortization | $523M | $514M | $9.0M | +2% |
| Share-based compensation | $35.0M | $68.0M | −$33.0M | -49% |
| Working capital & other | $506M | $32.0M | $474M | 16× |
| Operating cash flow | $2.0B | $1.5B | $553M | +37% |
Questions
How much did Freeport-McMoRan's revenue grow quarter over quarter in Q2 2026?
Freeport-McMoRan's revenue rose $795M (+13%) from $6.2B in Q1 2026 to $7.0B in Q2 2026. Operating margin 28.5% against 34.3% (-5.8 pts).