8-KItem 2.02 · Results of OperationsItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
Freeport reports higher second-quarter profit as Grasberg ramp-up progresses
Filed with the SEC on · Summarized by InvestorsBot
Freeport-McMoRan reported second-quarter 2026 net income attributable to common stock of $984 million, or $0.68 per share, compared with $772 million, or $0.53 per share, a year earlier; adjusted net income was $1.1 billion, or $0.74 per share. Copper sales totaled 710 million pounds at an average realized price of $6.17 per pound, while the Grasberg ramp-up remained on schedule; FCX expects 2026 sales of 3.1 billion pounds of copper and operating cash flow of about $8.3 billion, based on stated metal-price assumptions.