Mosaic Q3 FY2026: $72.1 million net loss as gross margin falls to 2.7%
Mosaic lost $72.1 million in its fiscal 2026 third quarter, and $3.10 billion of revenue carried only a 2.7% gross margin, down from 16.0% a year earlier. The adjusted loss of $0.19 per share missed the $0.02 consensus estimate by about $0.21. Read this as a cost problem more than a demand problem: volumes did fall, but sulfur, ammonia and idle-plant charges did most of the damage.
1 · Expected vs. Actual
Free preview belowGAAP diluted loss per share was $0.23 and the adjusted loss was $0.19, against a consensus estimate of $0.02 — a wide miss either way. Only about $0.04 of the GAAP loss came from the $53 million of pre-tax notable items, mostly environmental reserves and facility closure costs. The rest is operating: adjusted EBITDA of $324 million compares with $806 million a year ago.
$3.10 billion of net sales fell 10.2% from $3.45 billion a year ago, and every segment shipped less. Cost of revenue actually rose 4.0% to $3.02 billion, which is why gross margin thinned to 2.7% from 16.0%. Phosphate gross margin was negative $105 per tonne in the quarter.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-04
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