Mosaic reports Q2 loss as sulfur costs pressure phosphate and Brazil operations

Mosaic reported second-quarter 2026 revenue of $2.8 billion, a net loss of $273 million, or $0.86 per diluted share, and adjusted EBITDA of $407 million for the quarter ended June 30, 2026. The company cited sulfur availability and affordability challenges, reduced phosphate production and idled some Brazilian fertilizer production; it lowered 2026 capital expenditure guidance to $1.2 billion, established a $1 billion term loan to refinance short-term commercial paper maturities, and expects third-quarter Mosaic Fertilizantes adjusted EBITDA to fall below Q2 levels.