Quarterly ResultAug 4, 2026, 04:33 PM
Mosaic Reports Q2 2026 Net Loss of $273M, EPS $(0.86); Revenue $2.8B
AI Summary
The Mosaic Company reported a net loss of $273 million, or $(0.86) diluted loss per share, on revenues of $2.8 billion for the second quarter of 2026. Adjusted EBITDA totaled $407 million. The company faced challenging business conditions, primarily due to sulfur availability and affordability, leading to reduced phosphate production and cost-cutting measures. Mosaic also reduced its 2026 capital expenditures outlook to $1.2 billion and completed the sale of its Carlsbad potash mine, while market fundamentals for its core products remain constructive.
Key Highlights
- Q2 2026 Net Loss: $273 million, or $(0.86) diluted loss per share.
- Q2 2026 Revenues: $2.8 billion, down from $3.0 billion in Q2 2025.
- Q2 2026 Adjusted EBITDA: $407 million, down from $566 million in Q2 2025.
- 2026 Capital Expenditures outlook reduced to $1.2 billion from $1.25 billion.
- Completed sale of Carlsbad, New Mexico, potash mine in the second quarter.
- Phosphate segment Q2 sales volumes: 1.4 million tonnes, impacted by partial production curtailment.
- Potash segment Q2 sales volumes: 2.0 million tonnes, affected by turnarounds and divestiture.
- Third-quarter sulfur contracts settled at $705 per long ton, primarily impacting Q4 operating results.
Price Impact
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