First Quantum Minerals Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	5,237	4,802	6,456	7,626	7,212
Revenue Growth (YoY)	9.06%	-25.62%	-15.34%	5.74%	42.25%
Cost of Revenue	3,779	3,452	5,164	5,426	4,650
Gross Profit	1,458	1,350	1,292	2,200	2,562
Selling, General & Admin	166	148	142	136	118
Other Operating Expenses	269	220	25	-	27
Operating Expenses	465	392	197	162	165
Operating Income	993	958	1,095	2,038	2,397
Interest Expense	-503	-556	-549	-584	-650
Interest & Investment Income	96	90	106	80	65
Earnings From Equity Investments	-93	-85	-18	44	75
Currency Exchange Gain (Loss)	21	4	-67	184	159
Other Non Operating Income (Expenses)	-169	-132	-104	-253	-80
EBT Excluding Unusual Items	345	279	463	1,509	1,966
Merger & Restructuring Charges	-1	-14	-49	-	-
Asset Writedown	23	-75	-900	-	-44
Other Unusual Items	89	90	-	-40	-21
Pretax Income	456	280	-486	1,469	1,901
Income Tax Expense	521	388	757	320	812
Earnings From Continuing Operations	-65	-108	-1,243	1,149	1,089
Net Income to Company	-65	-108	-1,243	1,149	1,089
Minority Interest in Earnings	37	110	289	-115	-257
Net Income	-28	2	-954	1,034	832
Net Income to Common	-28	2	-954	1,034	832
Net Income Growth	-	-	-	24.28%	-
Shares Outstanding (Basic)	832	812	691	691	689
Shares Outstanding (Diluted)	832	812	691	693	692
Shares Change (YoY)	2.47%	17.56%	-0.30%	0.18%	0.47%
EPS (Basic)	-0.03	0.00	-1.38	1.50	1.21
EPS (Diluted)	-0.03	0.00	-1.38	1.49	1.20
EPS Growth	-	-	-	24.17%	-
Free Cash Flow	858	311	101	1,141	1,886
Free Cash Flow Per Share	1.03	0.38	0.15	1.65	2.73
Dividend Per Share	-	-	0.061	0.214	0.008
Dividend Growth	-	-	-71.73%	2611.62%	0.69%
Gross Margin	27.84%	28.11%	20.01%	28.85%	35.52%
Operating Margin	18.96%	19.95%	16.96%	26.72%	33.24%
Profit Margin	-0.53%	0.04%	-14.78%	13.56%	11.54%
Free Cash Flow Margin	16.38%	6.48%	1.56%	14.96%	26.15%
EBITDA	1,690	1,624	2,255	3,282	3,549
EBITDA Margin	32.27%	33.82%	34.93%	43.04%	49.21%
D&A For EBITDA	697	666	1,160	1,244	1,152
EBIT	993	958	1,095	2,038	2,397
EBIT Margin	18.96%	19.95%	16.96%	26.72%	33.24%
Effective Tax Rate	114.25%	138.57%	-	21.78%	42.71%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.