Mosaic Reports Q3 2026 Net Loss Amid Lower Sales Volumes and Higher Raw Material Costs
Mosaic (MOS) reported a significant downturn in its third quarter 2026 financial results, posting a net loss of $72 million compared to a net income of $411 million in the prior-year period. The decline was driven by lower sales volumes across all business segments and increased raw material costs, particularly for sulfur and ammonia within the Phosphate and Mosaic Fertilizantes divisions. Operational challenges included production curtailments in the phosphate segment due to sulfur availability and geological issues at the Esterhazy potash mine. Despite these headwinds, the company saw an improvement in free cash flow to $2 million from a negative position last year. Management has signaled that the fourth quarter will likely represent an EBITDA trough as higher-cost inventory continues to impact margins.
Tickers: $MOS
Topics: EBITDA decline net loss phosphate sales potash production revenue decline
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