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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.

Freeport-McMoRan: what changed, Q2 2026 vs Q1 2026Freeport-McMoRan: what changed, Q2 2026 vs Q1 2026Other operating costs−$3.9BCosts & expenses$929MOperating cash flow$553MWorking capital & other$474MOperating profit−$134MIncome tax−$109MPre-tax earnings−$105MNet earnings$103MMinority interests−$99.0MShare-based compensation−$33.0M

Margins

Q2 2026Q1 2026Change
Operating margin28.5%34.3%-5.8 pts
Net margin14.0%14.1%-0.1 pts

Every line

LineQ2 2026Q1 2026Change%
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$474M16×
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).

Q2 2026 results → · Compare in the interactive Sankey →