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
Exploration Expenses	30	24	30	26	20
Other Operating Expenses	296	368	1,042	-203	-174
Total Operating Expenses	492	540	1,214	-41	-36
Operating Income	966	810	78	2,241	2,598
Interest Income	96	90	106	80	65
Interest Expense	-680	-709	-719	-662	-746
Other Non-Operating Income (Expense)	74	89	49	-190	-16
Total Non-Operating Income (Expense)	-510	-530	-564	-772	-697
Pretax Income	456	280	-486	1,469	1,901
Provision for Income Taxes	521	388	757	320	812
Net Income	-28	2	-954	1,034	832
Minority Interest in Earnings	-37	-110	-289	115	257
Net Income to Common	-28	2	-954	1,034	832
Net Income Growth	-	-	-	24.28%	-
Shares Outstanding (Basic)	832	812	691	691	688
Shares Outstanding (Diluted)	832	812	691	693	693
Shares Change (YoY)	2.47%	17.56%	-0.30%	-0.05%	0.15%
EPS (Basic)	-0.03	-	-1.38	1.50	1.21
EPS (Diluted)	-0.03	-	-1.38	1.49	1.20
EPS Growth	-	-	-	24.17%	-
Shares Outstanding	828.19	834.21	693.6	692.51	691.1
Free Cash Flow	858	311	101	1,141	1,886
Free Cash Flow Growth	175.88%	207.92%	-91.15%	-39.50%	88.04%
Free Cash Flow Per Share	1.03	0.38	0.15	1.65	-
Dividends 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	18.45%	16.87%	1.21%	29.39%	36.02%
Profit Margin	-1.24%	-2.25%	-19.25%	15.07%	15.10%
FCF Margin	16.38%	6.48%	1.56%	14.96%	26.15%
EBITDA	1,684	1,443	1,199	3,471	3,772
EBITDA Margin	32.16%	30.05%	18.57%	45.52%	52.30%
EBIT	966	810	78	2,241	2,598
EBIT Margin	18.45%	16.87%	1.21%	29.39%	36.02%
Effective Tax Rate	114.25%	138.57%	-155.76%	21.78%	42.71%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.