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
DateValue
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