• Mosaic posted a Q1 2026 net loss of USD 258 million, swinging from net income of USD 238 million a year earlier, while operating loss widened to USD 373 million from operating income of USD 339 million.
• Net sales rose to USD 3 billion from USD 2.6 billion a year earlier, while results included USD 323 million of pre-tax notable items.
• Adjusted EBITDA totaled USD 416 million versus USD 544 million a year earlier, as Mosaic cited higher phosphate sales volumes and lower conversion costs, offset by lower sales volumes and margins in Mosaic Fertilizantes and elevated raw material costs in Phosphate.
• Capital expenditures for 2026 are now expected at USD 1.25 billion, while phosphate production guidance was withdrawn as operating plans are reviewed due to raw material constraints, with partial curtailments set to begin in May.
• CEO Bruce Bodine said business conditions were volatile, adding Mosaic curtailed uneconomic production, managed working capital, and is prepared to take additional actions while preserving capacity for a market recovery.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Mosaic Company published the original content used to generate this news brief on May 11, 2026, and is solely responsible for the information contained therein.