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How Mosaic (MOS) makes money

Mosaic (MOS) made $3.1B of revenue in the third quarter 2026 (Q3 2026), -10% from a year earlier. Phosphate Crop Nutrients brought in $976M (31%); Potash Crop Nutrients brought in $728M (23%); Performance Products brought in $709M (23%).

Drawing the Sankey…

Mosaic revenue by segment, Q3 2026Mosaic revenue by segment, Q3 2026Phosphate Crop Nutrients$976MPotash Crop Nutrients$728MPerformance Products$709MCrop Nutrient Blends$352MOther Product Types$314MPhosphate Rock$22.0M
Mosaic: revenue by line, Q1 2026 to Q3 2026Mosaic: revenue by line, Q1 2026 to Q3 2026Phosphate Crop Nutrie…Potash Crop NutrientsPerformance ProductsOther Product TypesCrop Nutrient BlendsPhosphate RockPhosphate Crop Nutrients: $976M latest$976MPotash Crop Nutrients: $728M latest$728MPerformance Products: $709M latest$709MOther Product Types: $314M latest$314MCrop Nutrient Blends: $352M latest$352MPhosphate Rock: $22.0M latestQ1 2026Q2 2026Q3 2026
Potash Crop Nutrients went from 19% of revenue in Q1 2026 to 23% in Q3 2026, the largest shift in the mix.
Mosaic revenue by quarterMosaic revenue by quarter$2.6BQ1 2025$3.0BQ2 2025$3.5BQ3 2025$3.0BQ4 2025$3.0BQ1 2026$2.8BQ2 2026$3.1BQ3 2026
Mosaic: where each dollar of revenue goesMosaic: where each dollar of revenue goesOperating cash flow9¢Free cash flow0¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Phosphate Crop Nutrients$976M31.5%+5%+3%
Potash Crop Nutrients$728M23.5%+18%-18%
Performance Products$709M22.9%+20%-3%
Crop Nutrient Blends$352M11.3%+24%-15%
Other Product Types$314M10.1%-16%-27%
Phosphate Rock$22.0M0.7%-27%-41%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$3.1B100.0%
Operating cash flow$284M9.2%
Free cash flow$2.4M0.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$3.1B-10%
Q2 2026$2.8B-6%
Q1 2026$3.0B+14%
Q4 2025$3.0B+6%
Q3 2025$3.5B+23%
Q2 2025$3.0B+7%
Q1 2025$2.6B-2%

From Mosaic's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Mosaic make money?

Mosaic (MOS) made $3.1B of revenue in the third quarter 2026 (Q3 2026), -10% from a year earlier. Phosphate Crop Nutrients brought in $976M (31%); Potash Crop Nutrients brought in $728M (23%); Performance Products brought in $709M (23%).

What is Mosaic's biggest business?

Phosphate Crop Nutrients: $976M in the third quarter 2026, 31% of revenue, +3% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.