MOS

EX-99.1

2 pressreleaseq32026-ex991.htm

PRESS RELEASE Q3 2026 - EXHIBIT 99.1

Document

Exhibit 99.1

The Mosaic Company

101 E. Kennedy Blvd., Suite 2500

Tampa, FL 33602

www.mosaicco.com

FOR IMMEDIATE RELEASE

THE MOSAIC COMPANY REPORTS THIRD QUARTER 2026 RESULTS

•Third quarter results included revenues of $3.1 billion, an operating loss of $97 million and a net loss of $72 million; excluding notable items, adjusted EBITDA(1) totaled $324 million

•Third quarter sales volumes totaled 1.4 million tonnes for Phosphates, 2.1 million tonnes for Potash and 1.9 million tonnes for Mosaic Fertilizantes

•Working capital and production management resulted in sequential improvement in operating cash flow in the third quarter

•Settled fourth quarter sulfur contract at $615 per long ton, which is expected to positively contribute to fourth quarter free cash flow.

•Refinanced and extended all long-term maturities through 2028, further strengthening the balance sheet

TAMPA, FL, November 3, 2026 - The Mosaic Company (NYSE: MOS), reported a net loss of $72 million and diluted loss per share of $0.23 for the third quarter of 2026. Adjusted EBITDA(1) was $324 million and adjusted loss per share(1) was $0.19.

“We made meaningful progress during the third quarter on the actions within our control. We aligned phosphate production with the availability of affordable sulfur, reduced costs, strengthened our financial position, and continued to advance opportunities to optimize the portfolio," said President and CEO Bruce Bodine. "These actions position us to deliver stronger performance as conditions improve."

Consolidated Results:

In millions $ except as noted belowQ3 2026Q2 2026Q3 2025

Net Sales - billions $$3.1$2.8$3.5

Selling, General and Administrative Expenses $124$132$126

Operating Earnings (Loss) $(97)$(36)$340

Operating Earnings (Loss) – Phosphate $(194)$(104)$102

Operating Earnings (Loss) – Potash $189$195$229

Operating Earnings (Loss) – Mosaic Fertilizantes $(21)$(41)$96

Operating Earnings (Loss) – Corporate and Other$(70)$(86)$(88)

Net Income (Loss)$(72)$(273)$411

Adjusted EBITDA(1) $324$407$806

Adjusted EBITDA - Phosphate(1)

$49$128$280

Adjusted EBITDA - Potash(1)

$284$278$329

Adjusted EBITDA – Mosaic Fertilizantes(1)

$41$60$241

Adjusted EBITDA – Corporate and Other(1)

$(50)$(59)$(44)

(1)See “Non-GAAP Financial Measures” for additional information and reconciliation.

1

Mosaic reported a third quarter net loss of $72 million, compared to net income of $411 million in the same quarter of 2025. Third quarter results were negatively impacted by $53 million of pre-tax notable items. These items primarily included environmental reserve adjustments, expenses related to facility closures and restructuring costs that were partially offset by gains related to a positive adjustment to the value of Mosaic’s investment in Ma’aden and changes in foreign currency.

Third quarter adjusted EBITDA(1) totaled $324 million, down from $806 million in the same quarter last year. Results primarily reflected lower sales volumes across all segments and higher raw material costs in Phosphate and Mosaic Fertilizantes, which were partially offset by higher phosphate prices.

Selling, general, and administrative (SG&A) expenses were $124 million in the third quarter, compared to $126 million in the prior year period, reflecting the impact of cost saving actions that were largely offset by inflationary pressures.

The effective tax rate for the third quarter was 36.7%. Cash taxes paid were $63 million in the third quarter, primarily resulting from profits generated in the Potash segment.

Cash flow from operations totaled $284 million in the third quarter, compared to $229 million in the same period last year. The increase was primarily driven by lower finished goods inventories. Free cash flow(1) was breakeven in the third quarter of 2026, compared to $(135) million in the prior year period, reflecting higher cash flow from operations and lower capital expenditures. Third quarter free cash flow also improved sequentially and is expected to improve further in the fourth quarter, supported by a further release of working capital and cost reduction initiatives across the enterprise.

Capital Allocation Update

•Capital expenditures in 2026 are now expected to be $1.2 billion. For 2027, Mosaic is targeting capital expenditures below $1 billion.

•Mosaic continues to advance a strategic review of its asset portfolio. These efforts include year-to-date land sales totaling $67 million, advancing the sale process for the Araxá facility in Brazil, and the ongoing evaluation of other non-core assets.

•Mosaic refinanced and extended all long-term debt maturities through 2028, improving its maturity profile and preserving financial flexibility. The company’s $2.5 billion revolving credit facility remains fully available.

•The company paid a regular common dividend of $0.22 per share in the third quarter.

(1)See “Non-GAAP Financia

EX-99.1

2 pressreleaseq22026-ex991.htm

EX-99.1 - 2026 Q2 PRESS RELEASE

Document

Exhibit 99.1

The Mosaic Company

101 E. Kennedy Blvd., Suite 2500

Tampa, FL 33602

www.mosaicco.com

FOR IMMEDIATE RELEASE

THE MOSAIC COMPANY REPORTS SECOND QUARTER 2026 RESULTS

•Second quarter results included revenues of $2.8 billion, an operating loss of $36 million and a net loss of $273 million; excluding notable items, adjusted EBITDA(1) totaled $407 million

•Second quarter sales volumes totaled 1.4 million tonnes for Phosphates, 2.0 million tonnes for Potash and 1.5 million tonnes for Mosaic Fertilizantes

•Third-quarter sulfur contracts were settled at $705/long ton

•2026 outlook for capital expenditures reduced to $1.2 billion

TAMPA, FL, August 4, 2026 - The Mosaic Company (NYSE: MOS), reported a net loss of $273 million and diluted loss per share of $0.86 for the second quarter of 2026. Adjusted EBITDA(1) was $407 million and adjusted EPS(1) was $0.13.

“Business conditions remained challenging in the second quarter, driven primarily by sulfur availability and affordability challenges," said President and CEO Bruce Bodine. "At Mosaic, we are focused on the things we can control. We've reduced phosphate production, cut costs, reduced capital expenditures and strengthened our financial flexibility while maintaining the ability to resume full production rates when markets improve. We also continue to reallocate underperforming capital in pursuit of stronger shareholder returns."

Consolidated Results:

In millions $ except as noted belowQ2 2026Q1 2026Q2 2025

Net Sales - billions $$2.8$3.0$3.0

Selling, General and Administrative Expenses $132$136$167

Operating Earnings (Loss) $(36)$(373)$244

Operating Earnings (Loss) – Phosphate $(104)$(48)$(8)

Operating Earnings (Loss) – Potash $195$177$194

Operating Earnings (Loss) – Mosaic Fertilizantes $(41)$(422)$109

Operating Earnings (Loss) – Corporate and Other$(86)$(79)$(51)

Net Income (Loss)$(273)$(258)$411

Adjusted EBITDA(1) $407$416$566

Adjusted EBITDA - Phosphate(1)

$128$115$217

Adjusted EBITDA - Potash(1)

$278$275$278

Adjusted EBITDA – Mosaic Fertilizantes(1)

$60$79$159

Adjusted EBITDA – Corporate and Other(1)

$(59)$(53)$(88)

(1)See “Non-GAAP Financial Measures” for additional information and reconciliation.

1

Mosaic reported a second quarter net loss of $273 million, compared to net income of $411 million in the same quarter of 2025. Second quarter results were negatively impacted by $351 million of pre-tax notable items, primarily consisting of $162 million in mark-to-market adjustments related to the value of Mosaic’s holding of Ma’aden shares, $69 million of non-cash project write-offs, and $49 million related to foreign currency transactions.

Second quarter adjusted EBITDA(1) totaled $407 million, down from $566 million in the same quarter last year. Results primarily reflected lower sales volumes and higher raw material costs in Phosphate and Mosaic Fertilizantes, which were partially offset by higher phosphate and potash prices.

Selling, general, and administrative (SG&A) expenses were $132 million in the second quarter, down from $167 million in the prior year period, reflecting lower bad debt expenses and the impact of cost saving initiatives. For the full year, SG&A is now expected to be in the range of $510 to $530 million.

The effective tax rate for the second quarter was 11.2%. The adjusted effective tax rate was 4.5% excluding the impacts from notable items. Cash taxes paid were $45 million in the second quarter.

Cash flow from operations totaled $167 million in the second quarter, compared to $610 million in the second quarter of 2025. The decrease was primarily driven by lower adjusted EBITDA and customer prepayments in Brazil. Free cash flow(1) in the second quarter of 2026 was $(153) million compared to $305 million in the same quarter a year ago, reflecting the timing of capital expenditures. Free cash flow is expected to improve through the remainder of the year as a result of lower capital expenditures and an expected release of working capital, primarily in Brazil.

Capital Allocation Update

•Capital expenditures in 2026 are now expected to be $1.20 billion, down from the previous expectation of $1.25 billion.

•Mosaic completed the sale of its Carlsbad, New Mexico, potash mine in the second quarter.

•Progress continued on strategic alternatives for the Araxa and Patrocinio assets in Brazil.

•A $1 billion term loan transaction was established to refinance and extend short-term commercial paper maturities.

•The company paid a regular common dividend of $0.22 per share in the second quarter.

(1)See “Non-GAAP Financial Measures” for additional information and reconciliation.

2

Potash Results and Outlook:

Q2 2026Q1 2026Q2 2025

Net Sales - millions $$650$667$711

Sales Volumes - million tonnes*2.02.22.3

MOP Selling Price FOB mine - $ per tonne$275$265$261

MOP Cash Cost of Production(1) - $ per tonne $84$84$75

Gross Mar

EX-99.1

2 pressreleaseq12026-ex991.htm

EX-99.1

Document

Exhibit 99.1

The Mosaic Company

101 E. Kennedy Blvd., Suite 2500

Tampa, FL 33602

www.mosaicco.com

FOR IMMEDIATE RELEASE

Investors

Paul Massoud, CFA

813-775-4260

paul.massoud@mosaicco.com

Joan Tong, CFA

863-640-0826

joan.tong@mosaicco.com

Media

Ben Pratt

813-775-4206

media@mosaicco.com

THE MOSAIC COMPANY REPORTS FIRST QUARTER 2026 RESULTS

•First quarter results included an operating loss of $373 million and a net loss of $258 million; excluding notable items, adjusted EBITDA(1) totaled $416 million.

•Sales volumes in the first quarter totaled 1.9 million tonnes for Phosphate, 2.2 million tonnes for Potash, and 1.6 million tonnes for Mosaic Fertilizantes.

•Riverview, Bartow, and Faustina phosphoric acid production rates were at target in the first quarter. Major turnaround was completed at New Wales in March.

•Capital expenditures in 2026 are now expected to be $1.25 billion, reflecting a deferral of less-time sensitive spending.

•Phosphate production plan in the U.S. and Brazil is under review as a result of raw material constraints; partial curtailments to begin in May.

TAMPA, FL, May 11, 2026 - The Mosaic Company (NYSE: MOS), reported a net loss of $258 million and diluted earnings per share (EPS) of $(0.81) for the first quarter of 2026. Adjusted EBITDA(1) was $416 million and adjusted EPS(1) was $0.05.

“Business conditions were volatile in the first quarter. We responded by curtailing uneconomic production, carefully managing working capital and using our market access to meet customer demand," said President and CEO Bruce Bodine. "As we look to the rest of the year, we are prepared to take additional actions to ensure we navigate effectively for the short term while preserving our ability to benefit when market dynamics improve."

(1)See “Non-GAAP Financial Measures” for additional information and reconciliation.

1

Consolidated Results:

In millions $ except as noted belowQ1 2026Q4 2025Q1 2025

Net Sales - billions $$3.0$3.0$2.6

Selling, General and Administrative Expenses $136$119$123

Operating Earnings (Loss) $(373)$(101)$339

Operating Earnings (Loss) – Phosphate $(48)$(98)$139

Operating Earnings – Potash $177$58$157

Operating Earnings (Loss) – Mosaic Fertilizantes $(422)$(26)$98

Operating Earnings (Loss) – Corporate and Other$(79)$(34)$(56)

Net Income (Loss)$(258)$(519)$238

Adjusted EBITDA(1) $416$505$544

Adjusted EBITDA - Phosphate(1)

$115$144$276

Adjusted EBITDA - Potash(1)

$275$336$240

Adjusted EBITDA – Mosaic Fertilizantes(1)

$79$45$122

Adjusted EBITDA – Corporate and Other(1)

$(53)$(20)$(94)

Mosaic reported a first quarter net loss of $258 million, compared to net income of $238 million in the same quarter of 2025. First quarter results were negatively impacted by $323 million of pre-tax notable items. Mosaic recorded $442 million of charges stemming from the idling of Araxa and Patrocinio. One time asset write offs, severance and contract terminations were within the $350 – 400 million range mentioned in our April 8th press release with the total first quarter impact now higher as a result of additional period costs for accelerated depreciation and idle plant expenses associated with winding down these operations that will continue into the second quarter. Of the $442 million, $328 million is non-cash. Positive notable items primarily included mark-to-market adjustments related to the value of Mosaic’s holdings of Ma’aden shares and a gain from a land easement transaction.

First quarter adjusted EBITDA(1) totaled $416 million, down from $544 million in the same quarter last year, as higher phosphate sales volumes and lower conversion costs, along with higher potash prices, were offset by lower sales volumes and margins in Mosaic Fertilizantes and elevated raw material costs in Phosphate.

Selling, general, and administrative (SG&A) expenses were $136 million in the first quarter, compared to $123 million in the prior year period. The increase reflected a small bad debt reserve for a Brazilian customer and an adverse foreign exchange impact. Looking ahead, Mosaic has executed a cost saving initiative aimed at streamlining support functions. Annualized savings are expected to total $50 million, including $15 million to be realized in 2026. This is in addition to the previously announced value capture effort of $100 million across operations and SG&A.

The effective tax rate for the first quarter was 10.8%. The adjusted effective tax rate was 45.1% excluding the impacts from notable items. Cash taxes paid were $64 million in the first quarter.

Cash flow from operations was $104 million in the first quarter, compared to $43 million in the first quarter of 2025. The increase was driven by a $122 million reduction in phosphate segment finished product inventories that was partially offset by higher raw material prices and a seasonal working capital build in Mosaic Fertilizantes.

Free cash flow(1) in th