The Mosaic Company Earnings Recaps
Q1 2026
May 12, 2026
Shares declined 1.8% following the release despite solid volume gains, as investors likely digested ongoing margin pressures and cautious outlook commentary tied to raw material constraints and market volatility.
Key takeaways
- Phosphate sales volume hit 1.9 million tonnes in Q1, the highest in five years, benefiting from deferred demand and broad market access.
- Production improvements noted with three out of four U.S. phosphate plants running at or above 80% phosphoric acid operating rates; New Wales facility turnaround completed in March.
- Supply chain pressures persist, particularly around sulfur availability, leading to production plan adjustments and margin compression risks.
- Market environment remains volatile due to geopolitical issues impacting global raw material availability, causing heightened uncertainty around demand and supply balance.
- Management is actively reallocating capital away from underperforming assets, reducing CapEx, and optimizing portfolio to protect shareholder value amid challenging conditions.
Q3 2025
Nov 6, 2025
Mosaic Company reported a robust third quarter for 2025, with net income rising significantly to $411 million driven by strong fertilizer demand and improved production reliability.
Key takeaways
- Adjusted EBITDA increased to $806 million, up from $448 million year-over-year, fueled by higher prices across all segments and solid performance in Mosaic Fertilizantes.
- Cost savings initiatives have successfully achieved $150 million to date, with a target of $250 million by the end of 2026, enhancing overall cost discipline.
- Strong global potash demand, particularly in the Eastern Hemisphere, coupled with improving U.S. phosphate production reliability positions Mosaic favorably for future growth.
- Recent divestments reflect a strategic focus on streamlining operations and reallocating capital towards higher return opportunities.
- Positive market trends and an expectation for strong fourth quarter earnings signal a promising outlook for 2026 and beyond.