Freeport-Mcmoran (FCX) Operating Expenses (2009 - 2026)
Freeport-Mcmoran's (FCX) quarterly Operating Expenses came in at $5.0 billion in Q2 2026, down 2.41% year-over-year from $5.2 billion in Q2 2025, and up 22.68% quarter-over-quarter from $4.1 billion in Q1 2026.
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Analysis
Freeport-Mcmoran (FCX) Operating Expenses (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Operating Expenses for 18 consecutive years, with $5.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 2.41% year-over-year to $5.0 billion in Q2 2026; TTM through Jun 2026 was $18.9 billion, a 0.22% change from a year earlier, with the FY2025 full-year figure at $19.4 billion, up 4.34% from the prior year.
- Operating Expenses was $5.0 billion for Q2 2026 at Freeport-Mcmoran, up from $4.1 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $5.2 billion in Q2 2025 and troughed at $3.7 billion in Q2 2022.
- A 5-year average of $4.4 billion and a median of $4.4 billion in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses gained 23.73% in 2024 and decreased 7.41% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $4.2 billion in 2022, then retreated by 1.06% to $4.2 billion in 2023, then increased by 7.03% to $4.5 billion in 2024, then climbed by 7.71% to $4.8 billion in 2025, then advanced by 4.23% to $5.0 billion in 2026.
- The last three Operating Expenses figures came in at $5.0 billion (Q2 2026), $4.1 billion (Q1 2026), and $4.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 186.21 Bn | 152.34 Bn | - | - |
| 2 | Southern Copper | 170.20 Bn | 149.06 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 127.93 Bn | 96.10 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 111.02 Bn | 76.07 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.81 Bn | 99.96 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 97.22 Bn | 97.22 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 71.84 Bn | 56.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 56.10 Bn | 46.64 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.80 Bn | 34.82 Bn | - | -780.00 Mn |
| 10 | AngloGold Ashanti | 50.01 Bn | 39.68 Bn | 1.70 Bn | -82.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.03 Bn |
| Mar 31, 2026 | 4.10 Bn |
| Dec 31, 2025 | 4.82 Bn |
| Sep 30, 2025 | 5.00 Bn |
| Jun 30, 2025 | 5.15 Bn |
| Mar 31, 2025 | 4.43 Bn |
| Dec 31, 2024 | 4.48 Bn |
| Sep 30, 2024 | 4.85 Bn |
| Jun 30, 2024 | 4.58 Bn |
| Mar 31, 2024 | 4.69 Bn |
| Dec 31, 2023 | 4.18 Bn |
| Sep 30, 2023 | 4.33 Bn |
| Jun 30, 2023 | 4.33 Bn |
| Mar 31, 2023 | 3.79 Bn |
| Dec 31, 2022 | 4.23 Bn |
| Sep 30, 2022 | 4.04 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Mar 31, 2022 | 3.79 Bn |
| Dec 31, 2021 | 3.86 Bn |
| Sep 30, 2021 | 3.62 Bn |
API Access
Freeport-Mcmoran Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();