MOS · 10-Q · 2026Q2 · Full report
FX / Currency Headwinds
MOSAIC CO · 2026-08-05 · Importance 63 · Surprise 64 · Matches filing data
Movements in the Canadian dollar and Brazilian real against the U.S. dollar generated foreign-currency transaction losses of $39.4 million in the second quarter of 2026 and $1.8 million in the first six months. These results compared with transaction gains of $169.4 million and $302.5 million in the corresponding 2025 periods. The six-month year-over-year change was $304.3 million, exceeding the materiality threshold.
Key facts
- Company recorded foreign currency transaction losses of $39.4 million and $1.8 million for the three and six months ended June 30, 2026 respectively, compared to gains of $169.4 million and $302.5 million for the same periods in 2025; fluctuations primarily from Canadian dollar and Brazilian real relative to U.S. dollar. source
- Foreign currency transaction loss for the three months ended June 30, 2026: $39.4 million (loss). source
- Tax regulations, currency exchange controls and other restrictions may affect our ability to optimize the use of our liquidity. source
- These funds (cash and cash equivalents) may create foreign currency transaction gains or losses, depending on the functional currency of the entity holding the cash. source
- Foreign exchange rates and fluctuations in those rates are listed as a factor that could cause reported results to differ materially. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -10.8% | Company recorded foreign currency transaction losses of $39.4 million and $1.8 million for the three and six months ended June 30, 2026… |
| net_income | negative | realized | -7.4% | Company recorded foreign currency transaction losses of $39.4 million and $1.8 million for the three and six months ended June 30, 2026… |