Nov 3, 4:33 PM ET
Mosaic reported a third-quarter 2026 net loss of $72 million, or $0.23 per diluted share, compared with net income of $411 million, or $1.29 per share, a year earlier. Net sales fell to $3.1 billion from $3.5 billion, and adjusted EBITDA dropped to $324 million from $806 million, mainly on lower sales volumes and higher raw material costs in phosphate and Mosaic Fertilizantes. For shareholders, the results show a much weaker quarter, with the company citing expected improvement in fourth-quarter free cash flow.
- Q3 2026 net loss of $72 million versus net income of $411 million in Q3 2025; diluted loss per share of $0.23 versus earnings of $1.29
- Net sales of $3.1 billion versus $3.5 billion a year earlier; operating loss of $97 million
- Phosphate operating loss of $194 million; Potash operating earnings of $189 million, down from $229 million
- Full-year 2026 potash production now expected to be 8.6 million tonnes; fourth-quarter potash sales volumes expected at 2.3 to 2.6 million tonnes
Read the filing on SEC.gov ↗
Sep 24, 7:04 PM ET
Mosaic said Executive Vice President - Operations Karen A. Swager will retire, resigning from that role effective December 1, 2026, and then serve as a Senior Advisor until her retirement in the second quarter of 2027. Mosaic's Board appointed Walter F. Precourt III, currently Senior Vice President and Chief Administrative Officer, to succeed her in the operations role, with a base salary of $710,000 and a 2027 target bonus of 85% of salary.
- Karen A. Swager informed Mosaic on September 23, 2026 of her intention to retire; she resigns as EVP - Operations effective December 1, 2026.
- Walter F. Precourt III appointed EVP - Operations effective December 1, 2026; base salary $710,000 and 2027 MIP target bonus of 85%.
- Long-term incentive award valued at $1,725,000 at grant, split 40% restricted stock units and 60% TSR performance units; one-time RSU award with grant-date fair value of $300,000.
- Precourt, age 62, previously led Human Resources, Public Affairs, Procurement and Shared Services as Senior Vice President and Chief Administrative Officer since November 1, 2023.
Read the filing on SEC.gov ↗
Aug 4, 4:26 PM ET
Mosaic reported a second-quarter 2026 net loss of $273 million, or $0.86 per diluted share, compared with net income of $411 million a year earlier, on net sales of $2.8 billion versus $3.0 billion. Adjusted EBITDA fell to $407 million from $566 million, and the company cut its 2026 capital expenditure outlook to $1.2 billion, which may matter to shareholders watching cash use.
- Net loss of $273 million, or $0.86 per diluted share, versus net income of $411 million in Q2 2025
- Adjusted EBITDA of $407 million, down from $566 million; adjusted EPS was $0.13
- 2026 capital expenditure outlook reduced to $1.2 billion from $1.25 billion
- Phosphate operating loss of $104 million and Mosaic Fertilizantes operating loss of $41 million
Read the filing on SEC.gov ↗
May 11, 10:44 AM ET
Mosaic reported a first quarter 2026 net loss of $258 million, or $(0.81) per diluted share, compared with net income of $238 million, or $0.75 per share, a year earlier, while net sales rose to $3.0 billion from $2.6 billion. The company withdrew its 2026 phosphate production guidance as it reviews raw material constraints, and it cut 2026 capital expenditure guidance to $1.25 billion, which matters to shareholders because the earnings decline and guidance changes reduce visibility on the year.
- Net loss of $258 million versus net income of $238 million in Q1 2025; adjusted EBITDA fell to $416 million from $544 million
- Notable items reduced Q1 earnings by $323 million pre-tax, including $442 million of charges from idling Araxa and Patrocinio in Brazil
- Phosphate production guidance for 2026 withdrawn; partial curtailments at Louisiana and Bartow to begin in May
- Full-year 2026 capital expenditure guidance set at $1.25 billion; Carlsbad, New Mexico potash mine sale completed in April
Read the filing on SEC.gov ↗
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