---
schema_version: "secwatch.filing_event.v1"
accession: "0000831259-25-000014"
form_type: "8-K"
ticker: "FCX"
cik: "0000831259"
company_name: "FREEPORT-MCMORAN INC"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:40:05.527827+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Freeport Q1 net income $352M ($0.24/sh); gold sales miss at 128K oz vs guidance 225K oz

## Summary
- Revenue $5.7B, down 9% YoY from $6.3B; net income $352M vs $473M a year ago.
- Consolidated copper sales 872M lbs, exceeding Jan 2025 guidance of 850M lbs.
- Gold sales 128K oz, well below Jan guidance of 225K oz; annual gold outlook unchanged at 1.6M oz.
- Unit net cash costs $2.07/lb copper, up from $1.51 YoY; full-year cost guidance maintained at $1.50/lb.
- Share repurchases: 2.3M shares for $80M in Q1; $5.0B program remains active.

## SEC filing metadata
- accession: 0000831259-25-000014
- form_type: 8-K
- ticker: FCX
- cik: 0000831259
- company_name: FREEPORT-MCMORAN INC
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831259/000083125925000014/0000831259-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831259/000083125925000014/fcx-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000831259-25-000014
- JSON: https://secwatch.observer/filing/0000831259-25-000014.json
- Plain text: https://secwatch.observer/filing/0000831259-25-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.