The Mosaic Company · MOS · Next earnings

The Mosaic Company reports Tuesday, Nov 3, 2026

MOS reports before market open with consensus EPS at $0.09 and revenue at $3.08B. Last quarter: Mosaic Q1 FY2026: Sulfur Spike Forces Curtailments, EPS Misses Sharply

Reports Before market open44 days awayDate estimated Basic Materials

What the street expects

Consensus for the coming report
Consensus EPS $0.09 Calendar consensus
Consensus revenue $3.08B Calendar consensus
Report date Nov 3, 2026 Tuesday, date estimated
Session Before market open 44 days away

Where MOS left off: FY2026 Q1

Full report

Mosaic Q1 FY2026: Sulfur Spike Forces Curtailments, EPS Misses Sharply

EPS surprise -79.6% Reported $0.05 vs $0.24
Revenue surprise +2.4% Reported $3.00B vs $2.93B
Stock move -1.8% Event window
Subsequent drift -2.3% Up to 20 sessions

Guidance sentiment was maintained, but the 2026 capex program was reduced by $250 million from $1.5B to $1.25B, reversing the prior quarter's increasing capex outlook. A new $50M cost-savings program was initiated. The working-capital release target of $300-500M remains in place. Production volume targets for phosphate (at least 7M tonnes) and potash (~9M tonnes) were maintained, though curtailments introduce near-term execution risk.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Elevated sulfur and ammonia prices increasing marginal production costs.
  • Geopolitical instability in the Persian Gulf affecting raw-material fluidity.
  • Credit constraints and nutrient shortages in Brazil limiting fertilizer sales.
  • Potential under-application by farmers reducing phosphate demand.
  • Uncertainty around future inventory build-up due to production curtailments.

Questions analysts left open

  • Magnitude and timing of working-capital releases.
  • Impact of sulfur and ammonia price volatility on margins.
  • Production guidance for Q2 and potential further curtailments.
  • Brazilian market outlook amid credit and nutrient constraints.
  • Cost impact of operating at reduced phosphate rates.

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Recent MOS quarters

All MOS earnings
-1.8%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.