MOSAIC CO SEC 10-Q Report

The Mosaic Company, a leading producer and marketer of concentrated phosphate and potash crop nutrients, has released its latest Form 10-Q report, highlighting significant improvements in both financial and operational performance. The report covers the company's financial results and business activities for the three months ended June 30, 2025.

Financial Highlights

• Net sales: $3,005.7 million, a 7% increase compared to the prior year period, driven by higher average selling prices across all segments.
• Gross margin: $518.6 million, a 32% increase from the prior year period, primarily due to strong market dynamics and cost efficiencies in the Mosaic Fertilizantes segment.
• Operating earnings: $244.4 million, a 5% increase compared to the prior year period, reflecting improved pricing and cost efficiencies.
• Net earnings (loss) attributable to Mosaic: $410.7 million, compared to a net loss of $(161.5) million in the prior year period, significantly impacted by a foreign currency transaction gain and an unrealized mark-to-market gain on the investment in Ma’aden shares.
• Diluted net earnings (loss) per share attributable to Mosaic: $1.29, compared to $(0.50) in the prior year period, reflecting the overall improvement in net earnings.

Business Highlights

• Revenue Segments: The Mosaic Company reported revenue from its Phosphate, Potash, and Mosaic Fertilizantes segments. The Phosphate segment experienced an operating loss due to increased provisions for water treatment costs and asset retirement obligations, despite higher average selling prices. The Potash segment saw improved operating earnings driven by higher average selling prices due to tight global supply conditions. The Mosaic Fertilizantes segment benefited from higher average selling prices and production efficiency gains.
• Geographical Performance: Brazil was a significant market, contributing $1,151.6 million in net sales for the three months ended June 30, 2025. Other notable regions included Canpotex with $318.3 million, China with $121.2 million, and the United States with $1,125.5 million in net sales. The company observed strong market dynamics across these regions.
• Sales Units: Sales volumes in the Potash segment remained consistent with the prior year, although the sales mix shifted towards international markets. The Mosaic Fertilizantes segment maintained consistent sales volumes compared to the previous year.
• New Production Launches: In July 2025, Mosaic opened a new blending facility in Palmeirante, Tocantins, Brazil, with a capacity to process one million tonnes of fertilizer annually. This facility is expected to contribute significantly to Mosaic's growth plans in Brazil.
• Future Outlook: The company anticipates continued strong market dynamics and cost efficiencies, particularly in the Mosaic Fertilizantes segment. The new Palmeirante facility is expected to play a key role in Mosaic's expansion strategy in Brazil.

SEC Filing: MOSAIC CO [ MOS ] - 10-Q - Aug. 06, 2025