Mosaic Co

Company facts

Industry

Agricultural Chemicals

Headquarters

Tampa, Florida

Most recent report

8-K, filed Aug 28, 2026

Filings on record

1,002+ filings

On EDGAR

CIK 1285785

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 12 sections worth reading, with 1 positive, 9 notable, and 6 negative flags.

• Financial Statements (Item 1)

  Financial statements: net loss swing, impairments, new debt, litigation.
  Notable

  • New $1.0B term loan facility entered in June 2026, $500M drawn by quarter end.
  • Unrecognized tax benefits remain at $1.4 billion, tied to Taquari mine divestiture.
  • Antitrust class actions consolidated in Kansas on June 9, 2026 for pretrial proceedings.
  • Araxá impairment of $233M and Carlsbad impairment of $191.2M in 2026.

• Management's Discussion (Item 2)

  MD&A with major swing to loss, margin collapse, impairments, curtailed operations, weak cash flow.
  Positive

  • SG&A fell 21% in Q2 2026 to $131.6M, helped by lower bad debt reserves.
  Notable

  • Carlsbad potash mine sold for $20M in April 2026; additional $6.2M loss recorded.
  • Company plans more phosphate production curtailments in Q3 2026 due to sulfur supply.
  Negative

  • Net loss of $272.8M in Q2 2026 vs profit of $410.7M a year ago, a $683.5M swing.
  • Phosphate segment gross margin turned negative: -$4.5M vs +$103.0M a year ago.
  • Sulfur raw material cost up 150% to $522/long ton, crushing phosphate margins.
  • Mosaic Fertilizantes gross margin fell 96% to $6.2M in Q2 2026, from $161.7M.
  • Interest expense rose 18% in Q2 2026 to $62.8M, reflecting higher debt levels.

• Legal Proceedings (Item 1)

  Key updates: presidential CVD suspension on Morocco; new EPA compliance review; Cruz resolved.
  Notable

  • CVD orders under 5-year sunset review; DOC found revocation would likely continue subsidies for Russia and Morocco.
  • Peru environmental authority issued first-instance penalty; Miski Mayo intends to appeal.
  • EPA alleges non-compliance with 2009 Consent Decree at Uncle Sam plant; discussions ongoing since August 2024.
  Negative

  • Presidential suspension removes CVDs on Moroccan imports for 8 months, threatening protection Mosaic won in 2021.

What changed: Jun 2026 vs. Mar 2026

About 17% of MOS's Jun 2026 10-Q is new information. 70 paragraphs were added, 137 changed, and 40 removed. Below are the most important lines SECSift identified.

• Item 2 96
• Item 1 73
• Item 3 3
• Item 4 1
• Item 5 1