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AI brief of an SEC Form 8-K · Freeport-McMoRan (FCX)

Freeport Q1 net income falls to $352 million, $0.24 per share from $473 million

Negative Impact 3 of 5 earnings Written later

Freeport-McMoRan reported first-quarter 2025 net income attributable to common stock of $352 million, or $0.24 per share, down from $473 million, or $0.32 per share, a year earlier. Revenues fell to $5.73 billion from $6.32 billion, and the company said its full-year 2025 copper, gold and molybdenum sales volume guidance remains in line with its January 2025 outlook. For shareholders, the filing shows lower profit in the quarter, with the outlook for the year unchanged.

Key points

  • Net income attributable to common stock was $352 million, $0.24 per share, versus $473 million, $0.32 per share, in first-quarter 2024.
  • Revenues were $5.73 billion versus $6.32 billion a year earlier; operating income was $1.30 billion versus $1.63 billion.
  • Copper sales totaled 872 million pounds versus 1.1 billion pounds in first-quarter 2024; gold sales were 128 thousand ounces versus 568 thousand.
  • Full-year 2025 consolidated sales are expected to approximate 4.0 billion pounds of copper and 1.6 million ounces of gold, in line with January 2025 guidance.

The filing

CompanyFreeport-McMoRan (FCX)
Form8-K, current report
Filed with the SECApr 24, 2025, 8:09 AM ET
Accession number0000831259-25-000014

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 24, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.