Filing Flows › Mosaic (MOS) › Q2 2026
Mosaic (MOS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Mosaic (MOS) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -6% from a year earlier and -6% from the quarter before. Operating margin was -1.3%, net loss $266M (9.4% of revenue).
Mosaic, Q2 2026: revenue $2.8B (-6% year over year), operating margin -1.3%, net loss $266M, operating cash flow $167M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | -6% | -6% |
| Operating profit | −$35.5M | — | -115% |
| Net earnings | −$266M | — | -165% |
| Operating cash flow | $167M | +61% | -73% |
What changed
Revenue was $2.8B in Q2 2026, down 6% year over year and down 6% from the previous quarter. Phosphate Crop Nutrients was the largest line at 33% of revenue. Potash Crop Nutrients lost $0.14B year over year (down 18%), 74% of the total change.
Gross margin was 7.6%, down 9.7 points from Q2 2025. Operating costs exceeded revenue by $0.04B, an operating margin of -1.3%. Operating expenses fell 9% while revenue fell 6%. The fastest-growing cost line was Other operating costs (+11%). The quarter ended with a net loss of $0.27B, wider than the previous quarter's $0.25B loss. Net interest and other expense of $0.26B was the main reason.
Operating cash flow was $0.17B (down 73% year over year). Non-cash charges added back $0.29B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.13B. Capital expenditures of $0.32B exceeded it, leaving free cash flow of −$0.15B.
Questions
What was Mosaic's revenue in the second quarter 2026?
Mosaic (MOS) reported revenue of $2.8B for the second quarter 2026 (Q2 2026), -6% from a year earlier and -6% from the quarter before.
Was Mosaic profitable in the second quarter 2026?
Operating loss was $35.5M (-1.3% of revenue) and net loss $266M.
Source: Mosaic 10-Q on SEC EDGAR.