MOS · 10-Q · 2026Q2

MOSAIC CO

Filed 2026-08-05 · Industrials · View original filing on EDGAR

Ranked Events

• Financing ActivitiesImportance 89 · Surprise 82
  Net cash provided by financing activities was $410.5 million for the six months ended June 30, 2026, compared with net cash used of $13.2 million in the prior-year period. The company received $442.8 million of net…
• Geopolitical Fertilizer Supply ConstraintsImportance 83 · Surprise 82
  Geopolitical disruptions restricted fertilizer and raw-material exports, particularly sulfur and ammonia, tightening global supplies and raising input costs. North American consumed sulfur prices increased 150% year…
• Gross Margin DriversImportance 83 · Surprise 82
  Consolidated gross margin declined 55% to $450.3 million for the six months ended June 30, 2026, and the margin rate fell to 8% from 18%; second-quarter gross margin fell 59% to $214.7 million. Phosphate six-month…
• Income Tax Rate ChangesImportance 65 · Surprise 82
  The effective tax rate declined to 11.0% for the six months ended June 30, 2026 from 23.9% in the prior-year period. Income taxes were a $64.8 million benefit in the six months of 2026 compared with $209.3 million of…
• Operating Expense TrendsImportance 65 · Surprise 82
  Selling, general and administrative expense decreased 8% to $267.5 million for the six months ended June 30, 2026 and 21% to $131.6 million in the second quarter. The six-month decrease reflected approximately $6…
• Brazil Customer Credit ConstraintsImportance 64 · Surprise 56
  Mosaic Fertilizantes sales volumes were reduced by limited customer credit availability in Brazil in addition to constrained raw-material availability. Second-quarter total segment tonnes declined 32% to 1.5 million…
• Operating Cash Flow TrendsImportance 63 · Surprise 64
  Net cash provided by operating activities fell 58% to $271.6 million for the six months ended June 30, 2026, from $652.4 million in the prior-year period. Results of operations after non-cash adjustments contributed…
• FX / Currency HeadwindsImportance 63 · Surprise 64
  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…
• Other Income (Expense), NetImportance 59 · Surprise 82
  Mosaic recorded other expense of $58.5 million for the six months ended June 30, 2026 versus other income of $85.4 million in the prior year. The change was driven by a $50 million unrealized mark-to-market loss on…
• Distribution ChannelsImportance 58 · Surprise 56
  Mosaic's China and India distribution businesses generated $179.9 million of revenue in the second quarter, up from $132.4 million, and $356.9 million for the six months, up from $279.9 million. The growth was driven…
• Phosphate Manufacturing CapacityImportance 53 · Surprise 48
  Mosaic temporarily curtailed production at certain Phosphate facilities in North America and Brazil in response to weak market conditions and limited sulfur supply. North American Phosphate processed-production…
• Liquidity and Debt PositionImportance 49 · Surprise 6
  As of June 30, 2026, Mosaic held $294.0 million of cash, $1.0 billion of short-term debt, and approximately $4.8 billion of long-term debt including current maturities. The company reported approximately $11.6 billion…
• Revenue Performance and MixImportance 49 · Surprise 32
  Consolidated net sales increased 3% to $5,822.1 million for the six months ended June 30, 2026, but decreased 6% to $2,824.1 million in the second quarter. Six-month Phosphate sales rose 18% to $2,672.3 million, driven…
• Capital ExpendituresImportance 48 · Surprise 14
  Mosaic used $667.1 million in net cash for investing activities during the six months ended June 30, 2026, compared with $659.3 million in the prior-year period. Capital expenditures were $677.1 million, up from $645.4…
• Potash Production AvailabilityImportance 48 · Surprise 40
  Potash sales volumes declined 14% in the second quarter and 6% for the six months because of lower product availability. Production was affected by lower output at the Esterhazy, Saskatchewan mine due to downtime and…
• End-Market Demand TrendsImportance 48 · Surprise 40
  Global fertilizer demand was pressured by affordability challenges, reducing Phosphate and Potash sales volumes in the second quarter, although six-month Phosphate volumes increased 10% as stronger starting inventories…
• Acquisitions and DivestituresImportance 47 · Surprise 60
  Mosaic completed the sale of its Carlsbad, New Mexico potash mine on April 30, 2026 for a $20 million purchase price subject to adjustment, plus a $10 million deferred payment payable from 2029 through 2031. The…
• Brazil Asset Divestiture and IdlingImportance 46 · Surprise 42
  Mosaic idled the Araxá and Fospar facilities in Brazil during the first quarter of 2026 and idled the Patrocínio mining activities as part of its divestiture plan. Six-month restructuring-related charges included…
• Working Capital ChangesImportance 38 · Surprise 24
  Inventory changes reduced operating cash flow by $245.6 million during the six months ended June 30, 2026, primarily because finished-goods volumes increased in Brazil due to seasonality and higher raw-material costs.…

Revenue by Product (in millions)

Revenue by Geography (in millions)