MOS · 8-K · 20260804PR000109
Operating Expense Trends
MOSAIC CO · 2026-08-04 · Importance 72 · Surprise 84 · No source text
Second-quarter SG&A expense was $131.6 million, down 21.3% from $167.2 million in Q2 2025 and down from $136 million in Q1 2026. The reduction reflected lower bad-debt expense and cost-saving initiatives. Mosaic expects full-year 2026 SG&A of $510 million to $530 million, compared with $267.5 million incurred during the first half. The company recorded $9 million of losses on assets sold and to be sold in Q2, versus no such expense in the prior-year quarter.
Key facts
- Full year SG&A is now expected to be in the range of $510 to $530 million source
- Full year 2026 Depreciation, Depletion & Amortization guidance: $1.1 - $1.2 billion source
- Idle, turnaround, and unabsorbed fixed costs in COGS for Phosphate in Q2 2026 totaled $60 million source
- Q2 2026 SG&A expenses: $132 million source
- MOP cash cost of production per tonne in Q2 2026: $84 source
- Phosphate cash cost of conversion averaged $129 per tonne in Q2 2026 source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | probable | -20.4% | Full year 2026 Depreciation, Depletion & Amortization guidance: $1.1 - $1.2 billion |
| operating_income | negative | probable | -9.2% | Full year SG&A is now expected to be in the range of $510 to $530 million |