SECdecoded Read filings, not jargon.

Freeport-McMoRan Inc. FY 2025 10-K, explained in plain English

FCX · 10-K for the period ending December 31, 2025, filed February 13, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$25.2B
Gross margin26.1%
Operating income$6.5B
Net income— not reported
Diluted EPS— not reported
Cash & equivalents$3.8B
Total assets$58.2B
Long-term debt$9.4B

Key takeaway

FCX reported $25.2 billion in revenue and $6.5 billion in operating income for fiscal 2025, with an effective tax rate of 35%.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is roughly $5.6 billion ($9.379B long-term debt minus $3.824B cash), a more modest leverage position than the gross $9.4B debt figure alone suggests, though total cash including restricted cash was $4.173 billion.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for FCX.

Read the full analysis free Free account · 5 full analyses included · no card required