MOS · 10-Q · 2026Q3 · Full report
Net Income and Profitability
MOSAIC CO · 2026-11-04 · Importance 69 · Surprise 64 · No source text
Mosaic reported a net loss attributable to Mosaic of $602.5 million, or $1.90 per diluted share, for the nine months ended September 30, 2026, compared with net income of $1,060.2 million, or $3.33 per share, a year earlier. The nine-month loss included approximately $496 million of expense from the decision to idle and divest the Araxá complex and idle related Patrocínio mining activities in Brazil. Results also included a $15 million realized loss on securities held in the RCRA Trusts, a $13 million loss on extinguishment of debt and an $11.1 million unrealized loss on Ma’aden shares. In the third quarter, Mosaic recorded a $72.1 million net loss attributable to the company, compared with net income of $411.4 million in the prior-year quarter.
Key facts
- For the nine months ended September 30, 2026, Mosaic incurred a net loss of $602.5 million, or $1.90 per diluted share, compared with net income of $1,060.2 million, or $3.33 per diluted share, in 2025. source
- Mosaic's Phosphate segment moved from $234 million of operating earnings in the first nine months of 2025 to a $345 million operating loss in the same period of 2026. source
- Mosaic Fertilizantes had an operating loss of $484.6 million in the first nine months of 2026, compared with operating earnings of $304 million in 2025. source
- Mosaic's Potash segment earned $561 million in the first nine months of 2026, compared with $580 million in 2025. source
- For the three months ended September 30, 2026, Mosaic incurred a net loss of $72.1 million, or $0.23 per diluted share, compared with net income of $411.4 million, or $1.29 per diluted share, in 2025. source
- For the three months ended September 30, 2026, Mosaic's net income was partially offset by an approximately $38.0 million unrealized mark-to-market gain on its Ma’aden shares and a $38.3 million foreign currency transaction gain. source
- In the third quarter of 2026, Mosaic's Phosphate segment had an operating loss of $194 million, compared with operating earnings of $102 million in 2025. source
- In the third quarter of 2026, Mosaic's Potash segment operating earnings were $188 million, compared with $229 million in 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -53.6% | For the nine months ended September 30, 2026, Mosaic incurred a net loss of $602.5 million, or $1.90 per diluted share, compared with net… |
| operating_income | negative | realized | -25.4% | Mosaic Fertilizantes had an operating loss of $484.6 million in the first nine months of 2026, compared with operating earnings of $304… |
| operating_income | negative | realized | -18.7% | Mosaic's Phosphate segment moved from $234 million of operating earnings in the first nine months of 2025 to a $345 million operating loss… |