Mosaic

Q2 FY2026 EarningsQ2 FY26 results missed consensus estimates across the board: revenue of $2,824M vs. $3,109M expected (-9.17%), and a significant GAAP EPS loss of -$0.86 vs. +$0.06 expected. Results were heavily pressured by a 150% YoY spike in sulfur costs and 40% in ammonia costs, combined with volume declines in the Mosaic Fertilizantes and Potash segments. While average selling prices rose, they failed to offset severe input cost inflation and a $233M impairment charge related to the Araxá complex divestiture.