Flagship explainer

How FMC CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$3.5B · 100%Cost of revenue$2.2B · 63%Gross profit$1.3B · 37%Operating income−$1.6B · −47%Income before tax−$1.9B · −54%Income tax$314M · 9%Net income−$2.2B · −65%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$3.5B100%
Cost of revenue$2.2B63%
$1.3B37%
−$1.6B−47%
Income before tax−$1.9B−54%
Income tax$314M9%
−$2.2B−65%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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