Every material Form 8-K Freeport-McMoRan filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Freeport-McMoRan reported third-quarter 2025 net income attributable to common stock of $674 million, or $0.46 per share, up from $526 million, or $0.36 per share, a year earlier, on revenues of $6.97 billion. Operations at PT Freeport Indonesia remain temporarily suspended after the September 8, 2025 mud rush incident, which killed seven team members, and copper sales came in below July 2025 guidance, so shareholders face near-term production losses and an uncertain outlook for 2026.
Third-quarter net income attributable to common stock was $674 million, $0.46 per share, versus $526 million, $0.36 per share, in third-quarter 2024; revenues were $6.97 billion versus $6.79 billion.
Third-quarter copper sales of 977 million pounds were slightly below July 2025 guidance of 990 million pounds.
Mining in Indonesia has been suspended since the September 8, 2025 mud rush incident; FCX expects minimal fourth-quarter 2025 sales from Indonesia.
Under a September 24, 2025 scenario, PTFI's 2026 production could be about 35% below pre-incident estimates; FCX plans an analyst call on November 18, 2025.
Freeport-McMoRan reported second-quarter 2025 revenues of $7,582 million, up from $6,624 million a year earlier, and net income attributable to common stock of $772 million, or $0.53 per share, up from $616 million, or $0.42 per share. Adjusted net income was $790 million, or $0.54 per share, after excluding $18 million in after-tax net charges. Higher sales volumes, higher realized prices and lower unit net cash costs drove the improvement, which matters to shareholders because all three headline measures rose from the prior-year quarter.
Q2 2025 revenues $7,582 million vs. $6,624 million in Q2 2024; operating income $2,432 million vs. $2,049 million
Q2 2025 copper sales of 1.0 billion pounds vs. 931 million pounds; average realized copper price $4.54 per pound vs. $4.48
Unit net cash costs of $1.13 per pound of copper in Q2 2025 vs. $1.73 in Q2 2024
Operating cash flows of $2,195 million in Q2 2025 vs. $1,956 million; company bought back $52 million of stock in the quarter
At its June 11, 2025 annual meeting, Freeport-McMoRan stockholders approved a new 2025 Stock Incentive Plan authorizing up to 43,820,000 shares, replacing the 2016 plan. They also re-elected all twelve director nominees, approved executive pay on an advisory basis, and ratified Ernst & Young LLP as auditor for 2025.
The 2025 Stock Incentive Plan authorizes up to 43,820,000 shares of common stock and allows awards through June 11, 2035.
Of 1,436,200,253 shares outstanding on the April 14, 2025 record date, 1,221,626,740 were represented at the meeting.
Director Dustan E. McCoy received 1,009,381,063 votes for and 63,733,039 abstentions, the lowest support among the twelve nominees.
Advisory say-on-pay proposal received 1,067,162,480 votes for and 49,282,128 against.
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.
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.
Freeport said first-quarter 2025 copper and gold production approximated expectations, but Indonesian shipment timing reduced gold sales and raised unit costs. The company does not expect a material change to its 2025 annual consolidated sales guidance, and copper prices realized above the LME average.
Gold sales expected about 100 thousand ounces below the January 2025 guidance of 225 thousand ounces, due to the timing of PT Freeport Indonesia shipments
Copper sales expected in line with the January 2025 guidance of 850 million pounds
Unit net cash costs expected about 5% above the January 2025 guidance of $2.05 per pound of copper
Average realized copper price expected to be about $4.40 per pound, versus the LME average of $4.24 per pound; first-quarter earnings to be released April 24, 2025
Freeport-McMoRan reported fourth-quarter 2024 net income attributable to common stock of $274 million, or $0.19 per share, down from $388 million, or $0.27 per share, a year earlier. Quarterly revenue fell to $5,720 million from $5,905 million, while full-year 2024 revenue rose to $25,455 million from $22,855 million and full-year diluted EPS was $1.30 versus $1.28.
Q4 2024 net income attributable to common stock was $274 million, $0.19 per share, versus $388 million, $0.27 per share in Q4 2023; adjusted net income was $450 million, $0.31 per share, after $176 million in net charges.
Q4 2024 revenues were $5,720 million and operating income was $1,243 million, compared with $5,905 million and $1,722 million in Q4 2023.
Full-year 2024 revenues were $25,455 million and net income attributable to common stock was $1,889 million, compared with $22,855 million and $1,848 million in 2023.
For 2025, operating cash flows are expected to approximate $6.2 billion, against $7.2 billion for 2024, based on stated price assumptions.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Freeport-McMoRan filing is on SEC EDGAR ↗. 8-K briefs of other companies →