Freeport-Mcmoran (FCX) Research & Development (2009 - 2026)
Freeport-Mcmoran (FCX) posted quarterly Research & Development of $38.0 million for Q1 2026, down 2.56% year-over-year from $39.0 million in Q1 2025, and down 26.92% quarter-over-quarter from $52.0 million in Q4 2025.
Freeport-Mcmoran (FCX) Research & Development (2009 - 2026) Analysis & Trends
Freeport-Mcmoran (FCX) has reported Research & Development for 18 consecutive years, with $38.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 2.56% year-over-year to $38.0 million; the TTM figure through Mar 2026 stood at $191.0 million (up 20.89% YoY), while the FY2025 annual figure was $192.0 million, up 23.08% from the prior year.
- Research & Development retreated to $38.0 million in Q1 2026 per FCX's latest filing, from $52.0 million in the prior quarter.
- Across five years, Research & Development topped out at $55.0 million in Q3 2025 and bottomed at $24.0 million in Q1 2022.
- Historically, Research & Development has averaged $37.5 million across 5 years, with a median of $38.0 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development soared 242.86% — and 2023, when it slipped 21.05%.
- Freeport-Mcmoran's Research & Development stood at $28.0 million in 2022, then rose by 21.43% to $34.0 million in 2023, then increased by 20.59% to $41.0 million in 2024, then gained by 26.83% to $52.0 million in 2025, then dropped by 26.92% to $38.0 million in 2026.
- Business Quant data shows FCX's Research & Development at $38.0 million in Q1 2026, $52.0 million in Q4 2025, and $55.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 159.00 Bn | 151.67 Bn | 2.90 Bn | 14.90 Mn |
| 2 | Freeport-Mcmoran | 98.43 Bn | 94.35 Bn | 2.19 Bn | 53.00 Mn |
| 3 | Hudbay Minerals | 10.97 Bn | 9.93 Bn | 269.00 Mn | 19.20 Mn |
| 4 | Ero Copper | 3.73 Bn | 3.64 Bn | 105.91 Mn | - |
| 5 | Trekor Metals | 3.18 Bn | 3.05 Bn | 83.54 Mn | - |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 | 21.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.00 Mn |
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 55.00 Mn |
| Jun 30, 2025 | 46.00 Mn |
| Mar 31, 2025 | 39.00 Mn |
| Dec 31, 2024 | 41.00 Mn |
| Sep 30, 2024 | 38.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 37.00 Mn |
| Dec 31, 2023 | 34.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 42.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 31, 2022 | 28.00 Mn |
| Sep 30, 2022 | 38.00 Mn |
| Jun 30, 2022 | 25.00 Mn |
| Mar 31, 2022 | 24.00 Mn |
| Dec 31, 2021 | 19.00 Mn |
| Sep 30, 2021 | 15.00 Mn |