Freeport-McMoRan Q2 FY26 net income rises 27.46% to $984 million; revenue falls 7.29% to $7.03 billion

Reuters2026/07/23 12:03

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Freeport posted Q2 net income attributable to common stockholders of USD 984 million, up 27.46%; EPS rose to USD 0.68 from USD 0.53.
Revenue fell 7.29% to USD 7.03 billion; operating income dropped 17.66% to USD 2 billion.
Adjusted net income attributable to common stockholders (non-GAAP) rose to USD 1.08 billion, up 36.71%; adjusted EPS increased to USD 0.74 from USD 0.54.
Copper sales slid to 710 million pounds from 1,016 million pounds; average realized copper price climbed to USD 6.17 per pound from USD 4.54.
Grasberg Block Cave ramp-up stayed on schedule; 2026 sales outlook held at about 3.1 billion pounds of copper.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freeport-McMoRan Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Freeport-McMoRan Q2 FY26 net income rises 27.46% to $984 million; revenue falls 7.29% to $7.03 billion

You may also like

Crypto prices