Mosaic Company's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Mosaic Company reported revenue of $12.1B (+8.4% year on year) and net income of $540.7M (+209.1% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net sales to external customers | $12.1B | $11.1B | $13.7B | $19.1B |
| Cost of goods sold | $10.2B | $9.6B | $11.5B | $13.4B |
| Gross margin | $1.9B | $1.5B | $2.2B | $5.8B |
| Selling, general and administrative expenses | $533.9M | $496.9M | $500.5M | $498.0M |
| Loss (gain) on assets sold and to be sold | $157.3M | — | — | — |
| Impairment of goodwill | $99.9M | — | — | — |
| Other operating expenses | $289.3M | $393.5M | $372.0M | $472.5M |
| Operating earnings | $821.5M | $621.5M | $1.3B | $4.8B |
| Interest expense, net | ($187.7M) | ($182.8M) | ($129.4M) | ($137.8M) |
| Foreign currency transaction gain (loss) | $271.7M | ($685.8M) | $194.0M | $97.5M |
| Gain on sale of equity investment | $0 | $522.2M | — | — |
| Other income (expense) | $307.4M | $40.3M | ($76.8M) | ($102.5M) |
| Earnings from consolidated companies before income taxes | $1.2B | $315.4M | $1.3B | $4.6B |
| Provision for income taxes | $639.8M | $186.7M | $177.0M | $1.2B |
| Earnings from consolidated companies | $573.1M | $128.7M | $1.1B | $3.4B |
| Equity in net earnings of nonconsolidated companies | $2.3M | $73.3M | $60.3M | $196.0M |
| Net earnings including noncontrolling interests | $575.4M | $202.0M | $1.2B | $3.6B |
| Less: Net earnings attributable to noncontrolling interests | $34.7M | $27.1M | $44.3M | $31.4M |
| Net earnings attributable to Mosaic | $540.7M | $174.9M | $1.2B | $3.6B |
| Basic net earnings per share attributable to Mosaic | $1.70 | $0.55 | $3.52 | $10.17 |
| Basic weighted average number of shares outstanding (in shares) | 317.3M | 319.8M | 331.3M | 352.4M |
| Diluted net earnings per share attributable to Mosaic | $1.70 | $0.55 | $3.50 | $10.06 |
| Diluted weighted average number of shares outstanding (in shares) | 318.9M | 320.7M | 333.2M | 356.0M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Net sales | $2.8B | $3.0B | $3.5B | $3.0B |
| Cost of goods sold | $2.6B | $2.8B | $2.9B | $2.5B |
| Gross margin | $214.7M | $235.6M | $552.3M | $518.6M |
| Selling, general and administrative expenses | $131.6M | $135.9M | $125.5M | $167.2M |
| Loss on assets sold and to be sold | $6.2M | $232.6M | — | — |
| Other operating expense | $112.4M | $240.0M | $87.0M | $107.0M |
| Operating earnings (loss) | ($35.5M) | ($372.9M) | $339.8M | $244.4M |
| Interest expense, net | ($62.8M) | ($55.3M) | ($45.6M) | ($53.0M) |
| Foreign currency transaction gain (loss) | ($39.4M) | $37.6M | ($1.2M) | $169.4M |
| Other income (expense) | ($163.2M) | $104.7M | $306.3M | $203.5M |
| Earnings (loss) from consolidated companies before income taxes | ($300.9M) | ($285.9M) | $599.3M | $564.3M |
| (Benefit) provision for income taxes | ($33.8M) | ($31.0M) | $175.5M | $146.0M |
| Earnings (loss) from consolidated companies | ($267.1M) | ($254.9M) | $423.8M | $418.3M |
| Equity in net earnings of nonconsolidated companies | $1.6M | $400.0K | — | — |
| Net earnings (loss) including noncontrolling interests | $265.5M | $254.5M | ($424.1M) | ($419.7M) |
| Less: Net earnings attributable to noncontrolling interests | $7.3M | $3.1M | $12.7M | $9.0M |
| Net earnings (loss) attributable to Mosaic | ($272.8M) | ($257.6M) | $411.4M | $410.7M |
| Basic net earnings (loss) per share attributable to Mosaic | -$0.86 | -$0.81 | $1.30 | $1.29 |
| Basic weighted average number of shares outstanding | 317.9M | 317.5M | 317.4M | 317.3M |
| Diluted net earnings (loss) per share attributable to Mosaic | -$0.86 | -$0.81 | $1.29 | $1.29 |
| Diluted weighted average number of shares outstanding | 317.9M | 317.5M | 319.4M | 319.0M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $276.6M | $272.8M | $348.8M | $735.4M |
| Receivables, net | $1.1B | $1.1B | $1.3B | $1.7B |
| Inventories | $3.4B | $2.5B | $2.5B | $3.5B |
| Assets held for sale | $73.5M | — | — | — |
| Other current assets | $445.8M | $563.8M | $603.8M | $578.2M |
| Total current assets | $5.2B | $4.5B | $4.7B | $6.6B |
| Property, plant and equipment, net | $14.0B | $13.4B | $13.6B | $12.7B |
| Equity securities | $1.8B | $1.5B | $909.0M | $885.9M |
| Goodwill | $1.0B | $1.1B | $1.1B | $1.1B |
| Deferred income taxes | $811.6M | $958.3M | $1.1B | $752.3M |
| Other assets | $1.6B | $1.5B | $1.6B | $1.4B |
| Total assets | $24.5B | $22.9B | $23.0B | $23.4B |
| Short-term debt | $759.9M | $847.1M | $399.7M | $224.9M |
| Current maturities of long-term debt | $43.1M | $45.3M | $130.1M | $985.3M |
| Structured accounts payable arrangements | $480.1M | $402.3M | $399.9M | $751.2M |
| Accounts payable | $1.2B | $1.2B | $1.2B | $1.3B |
| Accrued liabilities | $1.5B | $1.7B | $1.8B | $2.3B |
| Liabilities held for sale | $55.3M | — | — | — |
| Total current liabilities | $4.0B | $4.2B | $3.9B | $5.5B |
| Long-term debt, less current maturities | $4.3B | $3.3B | $3.2B | $2.4B |
| Deferred income taxes | $1.0B | $942.8M | $1.1B | $1.0B |
| Other noncurrent liabilities | $3.0B | $2.9B | $2.4B | $2.2B |
| Preferred Stock, Shares Outstanding | 0 | — | — | — |
| Preferred Stock, Shares Issued | 0 | — | — | — |
| Preferred stock, par value | $0 | $0 | $0 | $0 |
| Common stock, value | $3.2M | $3.2M | $3.2M | $3.4M |
| Capital in excess of par value | $29.2M | $2.1M | $0 | $0 |
| Retained earnings | $14.2B | $13.9B | $14.2B | $14.2B |
| Accumulated other comprehensive loss | ($2.1B) | ($2.4B) | ($2.0B) | ($2.2B) |
| Total Mosaic stockholders’ equity | $12.1B | $11.5B | $12.3B | $12.1B |
| Non-controlling interests | $149.3M | $132.3M | $142.6M | $139.6M |
| Total equity | $12.2B | $11.6B | $12.4B | $12.2B |
| Total liabilities and equity | $24.5B | $22.9B | $23.0B | $23.4B |
| Preferred stock, par value (in usd per share) | $0.01 | $0.01 | $0.01 | — |
| Preferred stock, authorized (in shares) | 15.0M | 15.0M | 15.0M | — |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | $0.01 | — |
| Common stock, authorized (in shares) | 1.0B | 1.0B | 1.0B | — |
| Common stock, issued (in shares) | 395.1M | 394.6M | 393.9M | — |
| Common stock, outstanding (in shares) | 317.4M | 316.9M | 324.1M | — |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $294.0M | $281.8M | $153.3M | $286.2M |
| Receivables, Net, Current | $860.1M | $1.0B | $1.1B | $1.1B |
| Inventories | $3.7B | $3.4B | $3.3B | $3.1B |
| Assets held for sale | $96.6M | $159.2M | — | — |
| Other current assets | $511.5M | $461.0M | $583.0M | $550.0M |
| Total current assets | $5.4B | $5.3B | $5.1B | $5.0B |
| Property, plant and equipment, net of accumulated depreciation | $13.6B | $13.7B | $14.0B | $14.0B |
| Equity securities and investments in nonconsolidated companies | $1.8B | $2.0B | $1.9B | $1.6B |
| Goodwill | $969.2M | $988.9M | $1.1B | $1.1B |
| Deferred income taxes | $1.2B | $988.3M | $1.0B | $1.0B |
| Other assets | $1.6B | $1.6B | $1.5B | $1.5B |
| Total assets | $24.6B | $24.6B | $24.7B | $24.3B |
| Short-term debt | $1.0B | $1.2B | $1.2B | $1.0B |
| Current maturities of long-term debt | $66.7M | $49.4M | $42.6M | $38.4M |
| Structured accounts payable arrangements | $353.1M | $399.4M | $402.5M | $402.1M |
| Accounts Payable, Current | $1.2B | $1.1B | $1.2B | $1.3B |
| Accrued liabilities | $1.4B | $1.4B | $1.6B | $1.7B |
| Liabilities held for sale | $76.6M | $134.2M | — | — |
| Total current liabilities | $4.1B | $4.3B | $4.4B | $4.4B |
| Long-term debt, less current maturities | $4.8B | $4.3B | $3.4B | $3.3B |
| Deferred income taxes | $1.2B | $1.1B | $971.0M | $991.2M |
| Other noncurrent liabilities | $3.0B | $3.0B | $2.9B | $3.0B |
| Common stock, par value | $3.2M | $3.2M | $3.2M | $3.2M |
| Common stock, par value | $0.01 | $0.01 | $0.01 | $0.01 |
| Common stock, authorized | 1.0B | 1.0B | 1.0B | 1.0B |
| Common stock, issued | 395.6M | 391.8M | 391.4M | 391.2M |
| Common stock, outstanding | 317.9M | 317.8M | 317.4M | 317.3M |
| Capital in excess of par value | $42.9M | $35.1M | $22.7M | $16.6M |
| Retained earnings | $13.6B | $13.9B | $14.8B | $14.5B |
| Accumulated other comprehensive loss | ($2.2B) | ($2.1B) | ($2.1B) | ($2.1B) |
| Total Mosaic stockholders' equity | $11.5B | $11.8B | $12.8B | $12.4B |
| Noncontrolling interests | $171.0M | $153.8M | $156.3M | $149.6M |
| Total equity | $11.6B | $12.0B | $12.9B | $12.6B |
| Total liabilities and equity | $24.6B | $24.6B | $24.7B | $24.3B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net earnings including noncontrolling interest | $575.4M | $202.0M | $1.2B | $3.6B |
| Depreciation, depletion and amortization | $1.0B | $1.0B | $960.6M | $933.9M |
| Deferred and other income taxes | $251.8M | ($142.9M) | ($261.2M) | $344.4M |
| Equity in net (earnings) of nonconsolidated companies, net of dividends | $600.0K | ($55.7M) | ($31.8M) | ($191.5M) |
| Accretion expense for asset retirement obligations | $129.7M | $111.2M | $96.1M | $81.6M |
| Debt Financing Fees, Amortization | $43.0M | $36.5M | — | — |
| Share-based compensation expense | $30.7M | $31.8M | $33.0M | $27.9M |
| Impairment of goodwill | $99.9M | — | — | — |
| Unrealized (gain) loss on derivatives | ($85.7M) | $104.1M | ($29.0M) | $4.3M |
| Foreign Currency Transaction Gain (Loss), before Tax | ($267.1M) | — | ($94.0M) | ($67.9M) |
| Loss (gain) on assets sold and to be sold | $157.3M | — | — | — |
| Pension Settlement | $0 | $0 | $42.4M | $41.9M |
| Gain (Loss) on Disposition of Stock in Subsidiary or Equity Method Investee | ($317.4M) | $28.3M | — | — |
| Other | $118.0M | $71.8M | $37.5M | $39.0M |
| Receivables, net | $75.7M | $59.2M | $526.3M | ($215.2M) |
| Inventories, net | ($761.5M) | ($275.6M) | $1.1B | ($749.6M) |
| Other current assets and noncurrent assets | $8.1M | ($79.2M) | ($239.2M) | ($247.4M) |
| Accounts payable and accrued liabilities | ($359.6M) | $96.4M | ($1.1B) | $219.8M |
| Other noncurrent liabilities | $76.0M | $220.3M | $108.3M | ($100.0K) |
| Net cash provided by operating activities | $824.8M | $1.3B | $2.4B | $3.9B |
| Capital expenditures | ($1.4B) | ($1.3B) | ($1.4B) | ($1.2B) |
| Purchases of available-for-sale securities - restricted | ($975.6M) | ($1.5B) | ($1.2B) | ($762.5M) |
| Proceeds from sale of available-for-sale securities - restricted | $949.1M | $1.5B | $1.2B | $743.0M |
| Proceeds from Sales of Business, Affiliate and Productive Assets | $0 | $0 | $158.4M | — |
| Payments to acquire businesses, gross | $0 | $0 | ($41.0M) | — |
| Proceeds from Sale of Property, Plant, and Equipment | $79.0M | — | — | — |
| Other | ($2.6M) | $19.4M | ($500.0K) | $7.2M |
| Net cash used in investing activities | ($1.3B) | ($1.3B) | ($1.3B) | ($1.3B) |
| Repayments of Other Short-term Debt | $16.5B | $16.8B | $9.8B | $1.8B |
| Proceeds from Other Short-term Debt | $16.3B | $17.0B | $10.0B | $2.0B |
| Repayments of inventory financing arrangement | ($2.0B) | ($1.8B) | ($601.4M) | ($1.7B) |
| Proceeds From Inventory Financing Arrangements | $2.1B | $2.0B | $601.4M | $1.3B |
| Payments of structured accounts payable arrangements | ($906.1M) | ($755.0M) | ($1.4B) | ($1.5B) |
| Proceeds from structured accounts payable arrangements | $961.8M | $737.3M | $1.0B | $1.5B |
| Collections of transferred receivables | $572.5M | $425.5M | $1.5B | $2.4B |
| Payments of transferred receivables | ($572.5M) | ($425.5M) | ($1.5B) | ($2.4B) |
| Payments of long-term debt | ($73.4M) | ($67.2M) | ($995.3M) | ($610.3M) |
| Proceeds from Issuance of Long-term Debt | $904.7M | $70.3M | $900.0M | — |
| Repurchases of stock | $0 | ($235.4M) | ($756.0M) | ($1.7B) |
| Cash dividends paid | ($280.4M) | ($270.7M) | ($351.6M) | ($197.7M) |
| Payments of Ordinary Dividends, Noncontrolling Interest | ($20.2M) | ($31.9M) | ($41.5M) | ($38.0M) |
| Other | ($46.3M) | ($32.0M) | ($26.5M) | $13.1M |
| Net cash provided by (used in) financing activities | $452.0M | ($131.9M) | ($1.5B) | ($2.7B) |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | $26.3M | $37.9M | ($2.8M) | ($29.7M) |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($6.4M) | ($55.8M) | ($393.3M) | ($32.2M) |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net earnings including noncontrolling interest | ($520.0M) | ($254.5M) | $1.1B | $669.7M |
| Depreciation, depletion and amortization | $608.7M | $316.6M | $781.7M | $504.7M |
| Deferred and other income taxes | ($139.1M) | ($85.9M) | $55.7M | $24.6M |
| Equity in net (earnings) of nonconsolidated companies, net of dividends | ($2.8M) | ($300.0K) | ($1.8M) | ($1.0M) |
| Accretion expense for asset retirement obligations | $66.7M | $34.2M | $97.5M | $64.8M |
| Share-based compensation expense | $18.1M | $10.3M | $24.2M | $17.7M |
| Unrealized (gain) loss on derivatives | ($1.1M) | $1.2M | ($85.1M) | ($112.3M) |
| Foreign Currency Transaction Loss, before Tax | $79.5M | — | — | — |
| Impairment of Long-Lived Assets to be Disposed of | $238.8M | $232.6M | $73.0M | — |
| Amortization of Debt Discount (Premium) | $20.1M | — | $33.6M | $23.1M |
| Other | $141.2M | $97.0M | $100.8M | $79.7M |
| Receivables, net | $222.3M | $58.4M | $71.9M | $14.6M |
| Inventories | ($245.6M) | ($7.4M) | ($578.9M) | ($378.1M) |
| Other current and noncurrent assets | ($92.9M) | ($16.9M) | $27.6M | $23.9M |
| Accounts payable and accrued liabilities | ($90.4M) | ($66.4M) | ($169.1M) | $118.7M |
| Other noncurrent liabilities | $17.0M | $10.8M | $49.6M | $53.0M |
| Net cash provided by operating activities | $271.6M | $104.2M | $880.9M | $652.4M |
| Capital expenditures | $677.1M | $356.8M | $1.0B | $645.4M |
| Purchases of available-for-sale securities - restricted | ($654.5M) | ($544.9M) | ($598.2M) | ($497.6M) |
| Proceeds from sale of available-for-sale securities - restricted | $633.8M | $504.1M | $577.9M | $477.4M |
| Proceeds from Sale of Property, Plant, and Equipment | $34.6M | $31.4M | — | — |
| Other | ($3.9M) | ($2.8M) | $7.9M | $6.3M |
| Net cash used in investing activities | ($667.1M) | ($369.0M) | ($1.0B) | ($659.3M) |
| Repayments of Other Short-term Debt | ($6.7B) | ($3.2B) | ($11.4B) | ($7.0B) |
| Proceeds from Other Short-term Debt | $6.8B | $3.5B | $11.6B | $7.0B |
| Repayments of inventory financing arrangement | ($701.5M) | ($300.2M) | ($1.4B) | ($801.7M) |
| Proceeds From Inventory Financing Arrangements | $903.3M | $401.3M | $1.5B | $1.0B |
| Payments of structured accounts payable arrangements | ($501.6M) | ($258.7M) | ($699.4M) | ($468.6M) |
| Proceeds from structured accounts payable arrangements | $366.7M | $174.3M | $683.5M | $457.9M |
| Proceeds from Issuance of Long-Term Debt | $502.9M | $1.6M | $4.7M | $4.7M |
| Collections from Factoring Receivables | $388.2M | $202.3M | $217.2M | $104.0M |
| Payments of Factoring Receivables | ($388.2M) | ($202.3M) | ($217.2M) | ($100.8M) |
| Payments of long-term debt | ($60.1M) | ($18.3M) | ($54.5M) | ($39.6M) |
| Cash dividends paid | ($140.7M) | ($70.8M) | ($210.5M) | ($141.0M) |
| Payments of Ordinary Dividends, Noncontrolling Interest | ($7.1M) | — | ($13.1M) | ($6.4M) |
| Proceeds from (Payments to) Noncontrolling Interests | $8.5M | — | — | — |
| Proceeds from (Payment for) Other Financing Activity | ($20.2M) | ($8.2M) | ($26.7M) | ($17.8M) |
| Net cash provided by (used in) financing activities | $410.5M | $263.0M | ($9.4M) | ($13.2M) |
| Net change in cash, cash equivalents and restricted cash | $7.2M | $400.0K | ($127.7M) | ($2.6M) |
| Cash, cash equivalents and restricted cash-beginning of period | $298.6M | $298.6M | $305.0M | $305.0M |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | ($7.8M) | $2.2M | $23.0M | $17.5M |
| Cash and cash equivalents | $294.0M | $281.8M | $153.3M | $286.2M |
| Restricted cash in other current assets | $3.0M | $3.4M | $8.0M | $8.3M |
| Restricted cash in other assets | $8.8M | $13.8M | $16.0M | $7.9M |
| Cash, cash equivalents and restricted cash-end of period | $305.8M | $299.0M | $177.3M | $302.4M |
Mosaic Company score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.