MOS · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

MOSAIC CO · 2026-11-04 · Importance 64 · Surprise 56 · From source text

Net cash provided by operating activities fell 37% to $556.0 million for the nine months ended September 30, 2026, from $880.9 million in the prior-year period. Results of operations after non-cash adjustments contributed $636.8 million, compared with $1,479.8 million on the same basis a year earlier. Changes in assets and liabilities were an unfavorable $80.8 million, improving from an unfavorable $598.9 million in the prior-year period. Accounts payable and accrued liabilities reduced cash by $280.2 million and asset retirement obligation changes reduced it by $132.9 million; decreases in accounts receivable and inventories provided favorable impacts of $69.6 million and $187.9 million, respectively.

Key facts

• For the nine months ended September 30, 2026, results of operations after non-cash adjustments contributed $636.8 million to operating cash flows, compared with $1,479.8 million on the same basis in the prior-year period. source
• For the nine months ended September 30, 2026, net cash provided by operating activities was $556.0 million, compared with $880.9 million in the prior-year period. source
• For the nine months ended September 30, 2026, the Company had an unfavorable change in assets and liabilities of $80.8 million, compared with an unfavorable change of $598.9 million in the prior-year period. source
• For the nine months ended September 30, 2026, unfavorable changes in accounts payable and accrued liabilities of $280.2 million and a change in asset retirement obligations of $132.9 million primarily drove the change in assets and liabilities. source
• For the nine months ended September 30, 2026, decreases in accounts receivable of $69.6 million and inventories of $187.9 million favorably affected the change in assets and liabilities. source
• The Company cautioned that it cannot assure it will continue to generate cash flows at or above current levels. source
• The decrease in accounts payable and accrued liabilities was primarily due to lower inventory purchases and timing of payments; the change in asset retirement obligations was primarily due to payments for ongoing obligations. source
• Accounts receivable decreased primarily because sales volumes were lower at the end of the third quarter of 2026 than in the fourth quarter of 2025. source

Impact estimates