Q2 FY2026 EarningsQ2 FY26 beat consensus on the top and bottom lines: revenue $7.03B vs. $6.75B expected, and Diluted GAAP EPS $0.68 vs. $0.61 expected. Gross margin of 31.1% slightly exceeded the 30.9% consensus despite significant volume declines in Indonesia. While operating income of $2,003M was in-line with the $2,006M consensus, strong realized copper and gold prices effectively cushioned $363M in idle facility and restoration costs related to the Grasberg mud rush incident.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Freeport Mcmoran(FCX) the Revenue is 7.029 B (-7.29%), Beat estimate;the EBIT is 2.003 B (-17.64%), Miss estimate;the EPS is 0.68 (+28.3%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
7.03B7.29%
6.75B11.00%
+0.28B3.71%
EBITMiss expectations
2.00B17.64%
2.01B17.53%
-0.00B0.11%
EPSExceed expectations
0.6828.30%
0.610915.26%
+0.069113.04%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf