Freeport-Mcmoran (FCX) Research & Development (2009 - 2026)
Freeport-Mcmoran's Research & Development was $53 million in Q2 2026, up 15.2% from $46 million a year earlier and up 39.5% from the prior quarter.
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Analysis
Freeport-Mcmoran (FCX) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Freeport-Mcmoran's Research & Development was $198 million through Jun 30, 2026, up 20.7% year-over-year; for FY2025, it came in at $192 million, up 23.1% from FY2024.
- Research & Development has now increased for five consecutive years, with a five-year compound annual growth rate of 30.9% (FY2020 to FY2025).
- In earlier years, Research & Development was $156 million in FY2024 (+13.9%), $137 million in FY2023 (+19.1%), $115 million in FY2022 (+109.1%) and $55 million in FY2021 (+10.0%).
- Quarterly Research & Development has moved between $15 million (Q3 2021) and $55 million (Q3 2025) over five years.
- Compared with a year earlier, Research & Development was higher in seven of the last eight quarters, with growth averaging 19.0%.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 242.9%); the worst was Q3 2023 (a decline of 21.1%).
- Per Business Quant data, FCX's Research & Development in the three quarters before Q2 2026 was $38 million (Q1 2026), $52 million (Q4 2025) and $55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 170.10 Bn | 148.88 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 143.21 Bn | 103.71 Bn | - | - |
| 4 | Newmont | 125.18 Bn | 93.18 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 99.91 Bn | 83.95 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 94.19 Bn | 83.82 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.52 Bn | 44.72 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 59.56 Bn | 48.94 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.28 Bn | 27.31 Bn | - | - |
| 10 | AngloGold Ashanti | 46.56 Bn | 34.45 Bn | 1.70 Bn | 157.00 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Freeport-Mcmoran Research & Development 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=research-and-development&ticker=FCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=FCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();