FCX · Business segments
Freeport-McMoRan (FCX) revenue by segment
Where Freeport-McMoRan’s revenue comes from, as reported in its SEC filings.
Latest quarter: June 30, 2026
Total revenue on the income statement: $7.03B.
Revenue by Product
| Line | Revenue | Share |
|---|---|---|
| Copper Cathode | $2.65B | 37.9% |
| Refined Copper Products | $1.53B | 21.9% |
| Copper in Concentrates | $976M | 14.0% |
| Molybdenum | $728M | 10.4% |
| Gold | $640M | 9.2% |
| Silver and Other | $297M | 4.3% |
| Purchased Copper | $164M | 2.3% |
Revenue by Segment
| Line | Revenue | Share | Operating income | Margin |
|---|---|---|---|---|
| Rod and Refining | $2.24B | 32.0% | $22M | 1.0% |
| Cerro Verde | $1.49B | 21.3% | $736M | 49.5% |
| Grasberg | $1.48B | 21.2% | $499M | 33.6% |
| Atlantic Copper Smelting and Refining | $1.03B | 14.7% | $26M | 2.5% |
| Morenci | $756M | 10.8% | $265M | 35.1% |
Latest year: December 31, 2025
Total revenue on the income statement: $25.91B.
Revenue by Product
| Line | Revenue | Share |
|---|---|---|
| Copper Cathode | $8.15B | 31.4% |
| Copper in Concentrates | $6.31B | 24.3% |
| Refined Copper Products | $4.42B | 17.0% |
| Gold | $3.9B | 15.0% |
| Molybdenum | $1.97B | 7.6% |
| Other Products Or Services | $749M | 2.9% |
| Purchased Copper | $449M | 1.7% |
Revenue by Segment
| Line | Revenue | Share | Operating income | Margin |
|---|---|---|---|---|
| Grasberg | $8.62B | 33.1% | $3.84B | 44.5% |
| Rod and Refining | $6.89B | 26.5% | $31M | 0.4% |
| Cerro Verde | $4.71B | 18.1% | $1.82B | 38.6% |
| Atlantic Copper Smelting and Refining | $3.17B | 12.2% | $11M | 0.3% |
| Morenci | $2.65B | 10.2% | $607M | 22.9% |
Reading notes
Share is each line’s part of that breakdown. Margin is the company’s reported segment operating income divided by that segment’s revenue. Companies define segment profit differently and may re-cut segments over time, so a company’s lines can differ between years. Breakdowns that do not add up to within 5% of reported revenue are left out.