The Mosaic Company said net earnings for the 3 months ended September 30, 2025 were $411.4 million, or $1.29 per diluted share, compared to $122.2 million, or $0.38 per share, for the same period a year ago. An unrealized mark-to-market gain on the investment in Ma'aden shares of $308 million, included in other income (expense), benefited net earnings. The company did not hold this investment in the prior year period.

1. 01

   The Mosaic Company said net earnings for the 3 months ended September 30, 2025 were $411.4 million, or $1.29 per diluted share, compared to $122.2 million, or $0.38 per share, for the same period a year ago. An unrealized mark-to-market gain on the investment in Ma'aden shares of $308 million, included in other income (expense), benefited net earnings. The company did not hold this investment in the prior year period.

2. 02

   The Mosaic Company said operating earnings for Q3 were $102 million in Phosphate (compared to $8 million in the prior year), $229 million in Potash (compared to $109 million in the prior year) and $96 million in Mosaic Fertilizantes (compared to $56 million in the prior year). Mosaic Fertilizantes results were impacted by an impairment loss of approximately $73 million related to an agreement to sell its interest in the Taquari potash mine.

3. 03

   The Mosaic Company said net earnings attributable to Mosaic for the 9 months ended September 30, 2025 were $1,060.2 million, or $3.33 per diluted share, compared to a net loss of $5.9 million, or $0.02 per share, for the same period a year ago. A foreign currency transaction gain of $301.3 million, compared to a loss of $(267.3) million in the prior year, and an unrealized mark-to-market gain on Ma'aden shares of $407 million benefited net earnings.

4. 04

   The Mosaic Company said net cash provided by operating activities for the 9 months ended September 30, 2025 was $0.9 billion, compared to $1.1 billion for the same period a year ago. Capital expenditures for the period were $1,009.8 million and dividends paid were $210.5 million. Changes in assets and liabilities included an increase in inventory of $578.9 million.

Key figures

Quarter ended September 30, 2025

Revenue

$3.5B

Operating income

$340M

Net income

$411M

EPS

$1.29

Gross profit

$552M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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