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Mosaic MOS Phosphate — Gross margin

Other segment segments

Potash
$207.3M-1.0%
Corporate, Eliminations and Other
$20.1M-54.8%
Mosaic Fertilizantes
$6.2M-96.2%

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Other financials

Income statement

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Revenue$2.8B-6.0%
Gross profit$214.7M-58.6%
Operating income-$35.5M-115%
Net income-$272.8M-166%
EPS (diluted)-$0.86-167%

Balance sheet

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Cash & equivalents$305.8M+1.1%
Total debt$5.3B+35.3%
Total equity$11.5B-7.8%
Total assets$24.6B+1.4%

Cash flow

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Operating cash flow$167.4M-72.5%
CapEx$320.3M+5.2%
Free cash flow-$152.9M-150%

Valuation

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Market cap$7.44B-24.2%
Enterprise value$12.48B-7.3%
P/E25.5×-40.5×
P/S0.6×-0.3×

Profitability

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Gross margin11%-4.4pp
Operating margin8.6%+1.6pp
Net margin10.3%+7.1pp
FCF margin-7.7%

Returns & leverage

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Return on equity10%+6.9pp
Debt / equity0.5×+0.1×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Mosaic in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Mosaic’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001285785-26-000112
Three months ended June 30, 2026PhosphatePotashMosaic FertilizantesCorporate, Eliminations and Other(a)Total
Intersegment net sales277.610.6(288.2)
Net sales1,246.3650.31,033.8(106.3)2,824.1
Cost of goods sold(b)1,250.8443.01,027.6(112.0)2,609.4
Gross margin(4.5)207.36.25.7214.7
Canadian resource taxes70.470.4
Gross margin (excluding Canadian resource taxes)(4.5)277.76.25.7285.1
Selling, general and administrative(c)12.26.832.180.5131.6
Loss on assets sold and to be sold1.74.56.2

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Mosaic's phosphate — gross margin?
Mosaic (MOS) reported phosphate — gross margin of -$4.5M in Q2 2026.
How has Mosaic's phosphate — gross margin changed year-over-year?
Mosaic's phosphate — gross margin decreased by 104.4% year-over-year, from $103M to -$4.5M.
What is the long-term trend for Mosaic's phosphate — gross margin?
Over 4 years (2021 to 2025), Mosaic's phosphate — gross margin has grown at a -23.9% compound annual growth rate (CAGR), from $1.31B to $437.3M.
What does phosphate — gross margin mean?
Calculated as net sales minus the cost of goods sold for the phosphate segment, representing the core profitability of production before operating expenses. It serves as a key performance indicator for the segment's ability to manage input costs relative to market fertilizer prices.

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