Quarterly ResultAug 5, 2026, 02:31 PM
Mosaic Reports Q2 Net Loss of $272.8M; EPS $(0.86)
AI Summary
Mosaic reported a net loss attributable to Mosaic of $272.8 million, or $(0.86) per share, for the second quarter of 2026, a significant decline from net earnings of $410.7 million, or $1.29 per share, in the prior year. Net sales decreased by 6.0% to $2.82 billion for the quarter. For the six months ended June 30, 2026, the company recorded a net loss of $530.4 million, or $(1.67) per share. The company also entered into a new $1.0 billion term loan facility and sold its U.S. Potash location during the period.
Key Highlights
- Q2 2026 net loss attributable to Mosaic was $272.8M, down from $410.7M profit YoY.
- Q2 2026 basic EPS was $(0.86), compared to $1.29 in Q2 2025.
- Q2 2026 net sales decreased 6.0% to $2.82 billion.
- Six-month net loss attributable to Mosaic was $530.4M, vs $648.8M profit YoY.
- Net cash from operating activities for six months fell 58.4% to $271.6M.
- Entered $1.0B term loan facility, drawing $500M by June 30, 2026.
- Sold U.S. Potash location during 2026.
- Long-term debt increased 12.2% to $4.77 billion since Dec 2025.
Price Impact
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