Earnings Releases·Nov 3, 2026, 4:33 PM ET

The Mosaic Company — Third Quarter 2026 Earnings Summary

Consolidated net sales declined to $3.1 billion from $3.5 billion in the prior year period, resulting in a net loss of $72 million ($0.23 per share) compared to net income of $411 million ($1.29 per share) previously.
Adjusted EBITDA fell to $324 million from $806 million in the prior year quarter, driven by operating losses in the Phosphate and Mosaic Fertilizantes segments and $53 million in pre-tax notable items including environmental and restructuring costs.
Full-year 2026 capital expenditure guidance was confirmed at $1.2 billion, with 2027 targeted below $1 billion, while free cash flow is expected to improve in Q4 supported by working capital release.
Strategic portfolio optimization is advancing with a review including $67 million in year-to-date land sales and the sale process for the Araxá facility, alongside the refinancing of all long-term debt maturities through 2028.
Future outlook highlights tight global phosphate and potash markets with record demand, though Q4 segment adjusted EBITDA for Mosaic Fertilizantes is expected to decline due to higher raw material costs and production curtailments.