Freeport-Mcmoran (FCX) Cost of Revenue (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly Cost of Revenue of $17.0 million for Q1 2026, down 99.55% year-over-year from $3.8 billion in Q1 2025, and down 99.9% quarter-over-quarter from $16.3 billion in Q4 2025.
Freeport-Mcmoran (FCX) Cost of Revenue (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Cost of Revenue for 18 consecutive years, with $17.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 99.55% year-over-year to $17.0 million; the TTM figure through Mar 2026 stood at $16.4 billion (up 397.19% YoY), while the FY2025 annual figure was $16.4 billion, up 12792.91% from the prior year.
- Cost of Revenue slipped to $17.0 million in Q1 2026 per FCX's latest filing, from $16.3 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $16.3 billion in Q4 2025 and bottomed at -$13.4 billion in Q4 2024.
- Historically, Cost of Revenue has averaged $1.3 billion across 5 years, with a median of $2.4 billion in 2022.
- Annual changes were most pronounced in 2023 — Cost of Revenue soared 59116.67% — and 2024, when it sank 810.95%.
- Freeport-Mcmoran's Cost of Revenue stood at -$10.9 billion in 2022, then surged by 117.19% to $1.9 billion in 2023, then tumbled by 810.95% to -$13.4 billion in 2024, then soared by 222.16% to $16.3 billion in 2025, then plunged by 99.9% to $17.0 million in 2026.
- Business Quant data shows FCX's Cost of Revenue at $17.0 million in Q1 2026, $16.3 billion in Q4 2025, and $27.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 158.62 Bn | 151.29 Bn | 2.90 Bn | 1.39 Bn |
| 2 | Freeport-Mcmoran | 98.53 Bn | 94.45 Bn | 2.19 Bn | 4.84 Bn |
| 3 | Hudbay Minerals | 10.95 Bn | 9.91 Bn | 269.00 Mn | 362.30 Mn |
| 4 | Ero Copper | 3.72 Bn | 3.63 Bn | 105.91 Mn | 157.26 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.05 Bn | 83.54 Mn | 89.35 Mn |
| 6 | Ivanhoe Electric | 1.75 Bn | 1.49 Bn | 368,000.00 | 356,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.84 Bn |
| Jun 30, 2026 | 4.84 Bn |
| Mar 31, 2026 | 17.00 Mn |
| Mar 31, 2026 | 17.00 Mn |
| Dec 31, 2025 | 16.34 Bn |
| Dec 31, 2025 | 16.34 Bn |
| Jun 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 27.00 Mn |
| Mar 31, 2025 | 3.76 Bn |
| Mar 31, 2025 | 3.76 Bn |
| Dec 31, 2024 | -13.37 Bn |
| Dec 31, 2024 | -13.37 Bn |
| Sep 30, 2024 | 4.08 Bn |
| Sep 30, 2024 | 4.08 Bn |
| Jun 30, 2024 | 28.00 Mn |
| Jun 30, 2024 | 28.00 Mn |
| Mar 31, 2024 | 4.44 Bn |
| Mar 31, 2024 | 4.44 Bn |
| Dec 31, 2023 | 1.88 Bn |
| Dec 31, 2023 | 1.88 Bn |