# Freeport-McMoRan (FCX) — Earnings

FCX · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/fcx/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.74 |
| EPS estimate | $0.62 |
| EPS surprise | +20.25% |
| Revenue surprise | +4.71% |
| Revenue | $7.0B |
| Revenue estimate | $6.7B |
| Reported | Jul 23, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/831259/000083125926000036/fcx-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/fc118896-0e82-5c1e-05a2-a9689c6e702a.html) |

Freeport-McMoRan reported Q2 2026 results on July 23, 2026. Earnings per share were $0.74, ahead of the $0.62 estimate by 20.25%. Revenue was $7.0 billion, above the $6.7 billion consensus. Compared with Q2 2025, EPS rose about 37% from $0.54, while revenue fell about 8% from $7.6 billion. EPS was the highest since Q1 2022's $1.07.

The longer record shows earnings falling and then recovering. Annual EPS dropped from $2.43 in 2022 to $1.53 in 2023, about 37% lower, and to $1.47 in 2024. It then rose about 19% to $1.75 in 2025. The first half of 2026 totals $1.31 per share, about 68% more than the $0.78 of the first half of 2025. Revenue has stayed between $5.0 billion and $7.6 billion a quarter over the last 20 quarters. Freeport beat the EPS estimate 17 times in that span, including each of the last eight. Its largest beat was Q4 2025, at 96.98%.

Q3 results were reported between October 19 and October 23 in each of the past five years. That points to late October 2026 for the next report, a few weeks away. It will show whether earnings stay near the levels of the first half.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 23, 2026 | $0.62 | $0.74 | 20.25% | $6.7B | $7.0B |
| Q1 2026 | Apr 23, 2026 | $0.47 | $0.57 | 22.19% | $5.7B | $6.2B |
| Q4 2025 | Jan 22, 2026 | $0.24 | $0.47 | 96.98% | $5.1B | $5.6B |
| Q3 2025 | Oct 23, 2025 | $0.42 | $0.50 | 18.71% | $6.7B | $7.0B |
| Q2 2025 | Jul 23, 2025 | $0.45 | $0.54 | 20.08% | $7.2B | $7.6B |
| Q1 2025 | Apr 24, 2025 | $0.24 | $0.24 | 0.97% | $5.4B | $5.7B |
| Q4 2024 | Jan 23, 2025 | $0.22 | $0.31 | 41.62% | $5.8B | $5.7B |
| Q3 2024 | Oct 22, 2024 | $0.36 | $0.38 | 6.35% | $6.4B | $6.8B |
| Q2 2024 | Jul 23, 2024 | $0.40 | $0.46 | 15.96% | $6.0B | $6.6B |
| Q1 2024 | Apr 23, 2024 | $0.27 | $0.32 | 19.76% | $5.7B | $6.3B |
| Q4 2023 | Jan 24, 2024 | $0.23 | $0.27 | 16.63% | $5.9B | $5.9B |
| Q3 2023 | Oct 19, 2023 | $0.34 | $0.39 | 16.14% | $5.4B | $5.8B |
| Q2 2023 | Jul 20, 2023 | $0.36 | $0.35 | -3.66% | $5.6B | $5.7B |
| Q1 2023 | Apr 21, 2023 | $0.45 | $0.52 | 15.50% | $5.2B | $5.4B |
| Q4 2022 | Jan 25, 2023 | $0.47 | $0.52 | 11.23% | $5.4B | $5.8B |
| Q3 2022 | Oct 20, 2022 | $0.24 | $0.26 | 6.95% | $4.9B | $5.0B |
| Q2 2022 | Jul 21, 2022 | $0.62 | $0.58 | -5.89% | $6.1B | $5.4B |
| Q1 2022 | Apr 21, 2022 | $0.93 | $1.07 | 14.95% | $6.4B | $6.6B |
| Q4 2021 | Jan 26, 2022 | $0.97 | $0.96 | -1.06% | $6.4B | $6.2B |
| Q3 2021 | Oct 21, 2021 | $0.81 | $0.89 | 10.04% | $6.2B | $6.1B |

## Frequently Asked Questions

### When did Freeport-McMoRan (FCX) last report earnings?

Freeport-McMoRan last reported on Jul 23, 2026, covering fiscal Q2 2026.

### Did FCX beat earnings estimates?

Yes. Freeport-McMoRan reported EPS of $0.74 for Q2 2026 against a $0.62 estimate — a 20.25% beat.

### How much revenue did FCX report last quarter?

Freeport-McMoRan reported $7.0B in revenue for Q2 2026, against a consensus estimate of $6.7B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
