FCXFreeport-McMoRan

Materials · Mining · NYSE

Employees: 29,000
Headquarters: Phoenix, AZ
CEO: Kathleen L. Quirk
Next results: around Jan 21, 2027

RevenueFY2016–25 $25.9B+1.8% Highest in 10 years 10-K FY2025 · XBRL Net incomeFY2016–25 $2.2B+16.7% FY2023: $1.9B 10-K FY2025 · XBRL Free cash flowFY2016–25 $1.1B−52.6% FY2023: $2.4B 10-K FY2025 · XBRL Operating marginFY2016–25 25.2%−1.8 pts -18.4% in FY2016 10-K FY2025 · XBRL

What changed

10-K filed Feb 13, 2026 against Feb 14, 2025

Area	What changed	Source
Risk factors	20 new paragraphs, nothing like them in the previous 10-K	10-K Item 1A
Receivables growing faster than revenue	Receivables +69.0% vs revenue +1.8% (+67.2 pts)	10-K · XBRL
Accounting checks	9 other checks clear, 1 worth a look	10-K · XBRL
Insiders	No open-market buys in the last 90 days	Form 4
Filings	3 in the last 30 days	EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

What's new, in their words

10-K filed Feb 13, 2026

Paragraphs in Risk Factors that were not in the 10-K filed 2025-02-14. Quoted as filed.

This report contains forward-looking statements in which we discuss our potential future performance, operations and projects. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections or expectations relating to business outlook, strategy, goals or targets; repair and…
10-K, Item 1A

All 20 new paragraphs →

Accounting checks

latest 10-K

9 of 10 clear 1 worth a look. Checks, not verdicts.

!
Receivables growing faster than revenueReceivables +69.0% vs revenue +1.8% (+67.2 pts)
✓
Cash from operations $5.6B vs net income $4.2B (FY ending 2025-12-31)
✓
Same auditor in both 10-Ks: Ernst & Young LLP
✓
No statement of substantial doubt about going concern
✓
No 8-K item 4.02 in the last 2 years
✓
No NT 10-K or NT 10-Q in the last 2 years
✓
No longer listed: Tax Contingencies. Same as last year: Environmental Obligations
✓
No sentence in the 10-K concludes that controls were not effective because of a material weakness
✓
No 8-K item 2.06 in the last 2 years
✓
No 8-K item 1.03 in the last 2 years

How each check works, with sources →

In the last 30 days

All filings →

Nov 6, 202610-Q Quarterly report (10-Q) period ended Sep 30, 2026
Nov 4, 20268-K Other events 8-K item 8.01
Oct 27, 20268-K Quarterly results, Regulation FD disclosure 8-K items 2.02, 7.01

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Work on FCX in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/FCX/export.csv") into a cell.