The Mosaic Company, a Tampa-based producer of potash and phosphate crop nutrients, filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the fiscal quarter and nine-month period ended September 30, 2026.

Key Highlights

  • Net loss of $72.1 million was attributable to Mosaic for the three months ended September 30, 2026, compared to net earnings of $411.4 million in the same period of 2025, according to the filing.
  • Nine-month net loss of $602.5 million attributable to Mosaic for the period ended September 30, 2026, versus net earnings of $1,060.2 million for the same nine months of 2025.
  • Quarterly net sales of $3,100.6 million declined from $3,452.1 million in the third quarter of 2025, as reported in the condensed consolidated statements of earnings.
  • Loss on assets sold and to be sold of $238.8 million was recorded for the nine months ended September 30, 2026, compared to $73.1 million in the prior-year period.
  • Long-term debt rose to $5,332.8 million as of September 30, 2026, up from $4,250.9 million at December 31, 2025, per the balance sheet.
  • 317,903,655 shares of common stock were outstanding as of October 30, 2026, the filing stated.

Revenue Decline and Operating Losses Weigh on Mosaic's Third Quarter Results

The Mosaic Company (NYSE:MOS), headquartered in Tampa, Florida, reported a significant deterioration in profitability for the three and nine months ended September 30, 2026, relative to the comparable prior-year periods. According to the filing, quarterly net sales fell to $3,100.6 million from $3,452.1 million, while cost of goods sold rose to $3,016.5 million from $2,899.8 million, compressing gross margin to $84.1 million from $552.3 million. The company reported an operating loss of $96.6 million for the third quarter of 2026, compared to operating earnings of $339.8 million in the third quarter of 2025.

For the nine months ended September 30, 2026, Mosaic reported net sales of $8,922.7 million against cost of goods sold of $8,388.3 million, producing a gross margin of $534.4 million. Operating losses for the nine-month period reached $505.0 million, as the filing cited other operating expense of $408.7 million and a loss on assets sold and to be sold of $238.8 million. By comparison, the nine months ended September 30, 2025 generated operating earnings of $922.7 million. Basic and diluted net loss per share attributable to Mosaic for the nine-month period were each $(1.90), according to the filing.

The company's balance sheet as of September 30, 2026 showed total assets of $24,137.1 million and total equity of $11,476.3 million, with retained earnings of $13,441.8 million. Cash and cash equivalents were $272.6 million. The filing disclosed that depreciation, depletion, and amortization for the nine months ended September 30, 2026 totaled $900.6 million, up from $781.7 million in the prior-year nine-month period. Impairment of assets held for sale contributed $238.8 million to operating cash flow adjustments, the filing noted.

What Was Disclosed

Mosaic submitted its Form 10-Q for the quarter ended September 30, 2026, disclosing a third-quarter net loss of $72.1 million and a nine-month net loss of $602.5 million attributable to the company, alongside a revenue decline and significant asset impairment charges compared to prior-year periods.