10-K annual report · filed Feb 13, 2026

Freeport-McMoRan (FCX) FY2025 10-K Annual Report

Short answer

Freeport-McMoRan (FCX) filed its fiscal 2025 10-K annual report with the SEC on Feb 13, 2026. It reported revenue of $25.2B (+0.1% year over year) and net income of $2.2B.

  • Top risk flagged: Mineral reserve estimates depend on metal prices and geologic data, with no assurance mineral resources will become proven reserves

FY2025 key financial metrics · XBRL

Revenue
$25.2B
+0.1% YoY
Net income
$2.2B
+16.7% YoY
Operating margin
25.9%
−1.4 pp YoY
ROE
11.7%
+0.9 pp YoY
Operating cash flow
$5.6B
−21.6% YoY

Source: XBRL data from the Freeport-McMoRan (FCX) FY2025 10-K on SEC EDGAR. USD.

Freeport-McMoRan FY2025 10-K analysis

AI summary of each section, grounded in the filing text

Risk Factors

  • Mineral reserve estimates depend on metal prices and geologic data, with no assurance mineral resources will become proven reserves
  • Commodity price volatility risk with impacts on production volumes, costs, and technological innovation control
  • Forward-looking unit net cash costs per pound of copper and molybdenum not reconciled to GAAP due to unpredictable future events
  • No specific regulatory, geopolitical, operational, competitive, or financial risk distinctly detailed in this section

Generated from the filing text; verify against the original. How to read a 10-K

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