Freeport-Mcmoran (FCX) Research & Development (2009 - 2026)
Freeport-Mcmoran (FCX) reported 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 18 years of Research & Development data on file, last reported at $38.0 million in Q1 2026.
- Research & Development for Q1 2026 came in at $38.0 million, down 2.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $191.0 million (up 20.89% YoY), and the FY2025 annual result was $192.0 million, up 23.08% from the prior year.
- Research & Development eased to $38.0 million in Q1 2026 per FCX's latest filing, from $52.0 million in the prior quarter.
- Over five years, Research & Development peaked at $55.0 million in Q3 2025 and troughed at $24.0 million in Q1 2022.
- A 5-year average of $37.5 million and a median of $38.0 million in 2022 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 242.86% in 2022, then slipped 21.05% in 2023.
- A 5-year view of Research & Development shows it stood at $28.0 million in 2022, then increased by 21.43% to $34.0 million in 2023, then grew by 20.59% to $41.0 million in 2024, then rose by 26.83% to $52.0 million in 2025, then slipped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 10.80 Mn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 38.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 16.20 Mn |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 404,000.00 |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 14.00 Mn |