Filing Flows › Freeport-McMoRan (FCX) › Q2 2026
Freeport-McMoRan (FCX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Freeport-McMoRan (FCX) reported revenue of $7.0B for the second quarter 2026 (Q2 2026), -7% from a year earlier and +13% from the quarter before. Operating margin was 28.5%, net earnings $984M (14.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.0B | +13% | -7% |
| Operating profit | $2.0B | -6% | -18% |
| Net earnings | $984M | +12% | +27% |
| Operating cash flow | $2.0B | +37% | -7% |
What changed
Revenue was $7.0B in Q2 2026, down 7% year over year and up 13% from the previous quarter.
Operating profit was $2.0B, a 28.5% margin (down 3.6 points year over year). Total costs fell 2% while revenue fell 7%. Net earnings were $1.0B, up 27% year over year. The effective tax rate was 28.1%.
Operating cash flow was $2.0B (down 7% year over year), 147% of net income including minority interests. Non-cash charges added back $0.52B of depreciation and amortization and $0.04B of share-based compensation.
Questions
What was Freeport-McMoRan's revenue in the second quarter 2026?
Freeport-McMoRan (FCX) reported revenue of $7.0B for the second quarter 2026 (Q2 2026), -7% from a year earlier and +13% from the quarter before.
Was Freeport-McMoRan profitable in the second quarter 2026?
Operating profit was $2.0B (28.5% of revenue) and net earnings $984M.
Source: Freeport-McMoRan 10-Q on SEC EDGAR.