Mosaic Posts Loss In Q1; Withdraws Phosphate Production Guidance For 2026

rttnews
2026.05.11 12:50
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The Mosaic Company (MOS) reported a Q1 net loss of $257.6 million, a decline from a profit of $238.1 million in Q1 2025. Loss per share was $0.81, down from a profit of $0.75. The results were affected by $323 million in notable pre-tax items and $442 million in charges from idling operations. Adjusted EBITDA fell to $416 million from $544 million. Net sales increased to $2.998 billion. Mosaic has withdrawn its phosphate production guidance for 2026 and adjusted capital expenditure guidance to $1.25 billion.