MOS · 10-Q · 2026Q3 · Full report

Other Income (Expense), Net

MOSAIC CO · 2026-11-04 · Importance 33 · Surprise 6 · In source text

Mosaic reported $44.0 million of other expense for the nine months ended September 30, 2026, compared with $391.7 million of other income in the prior-year period. The change reflected an $11 million unrealized loss on Ma’aden shares versus a $408 million unrealized gain a year earlier, as well as a $15 million realized loss on RCRA Trust securities and a $13 million debt-extinguishment loss. In the third quarter, other income was $14.5 million versus $306.3 million, principally because the Ma’aden unrealized gain was $38 million compared with $308 million in the prior-year quarter. Mosaic also recorded a $38.3 million foreign-currency transaction gain in the quarter, versus a $1.2 million loss a year earlier.

Key facts

• On September 15, 2026, Mosaic agreed to sell approximately 11,858 acres of land near Kronau, Saskatchewan, for approximately $36 million; the sale closed October 28, 2026, with a gain expected to be recognized in the fourth quarter of 2026. source
• Mosaic reported $14.5 million of other income in the third quarter of 2026, including a $38 million unrealized gain on Ma’aden shares, a roughly $13 million debt-extinguishment loss, and a roughly $12 million realized loss on RCRA Trust securities. source
• Mosaic reported $44.0 million of other expense in the first nine months of 2026, including an $11 million unrealized loss on Ma’aden shares, a roughly $15 million realized loss on RCRA Trust securities, and a roughly $13 million debt-extinguishment loss. source
• Mosaic's nine-month 2026 net income was also affected by a $15 million loss on RCRA Trust marketable securities, a $13 million debt-extinguishment loss, and an $11.1 million unrealized loss on Ma’aden shares. source
• The Carlsbad sale generated approximately $2 million of cash proceeds and a $6.2 million additional impairment loss in the second quarter of 2026. source

Impact estimates