The Mosaic Company (MOS) Income Statement
MOS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMOS revenue and net income
Where MOS's revenue goes
2025Each bar shows an amount and its share of revenue. MOS kept 4.5% of revenue as net income.
MOS profit margins
MOS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.4% | −14.3% | +6.8% | +3.1% |
| Gross profit | +20.2% | −31.9% | +11.3% | +0.6% |
| Operating income | +68.9% | −39.7% | +20.5% | −2.0% |
| Net income | +209.1% | −46.8% | −4.1% | −6.0% |
| EPS (diluted) | +14.1% | −41.0% | +21.6% | −2.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MOS quarterly EPS vs estimates
Mosaic beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 3, 2026 (estimate $0.03).
MOS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.05B | $11.12B | $13.70B | $19.13B | $12.36B | $8.68B | $8.91B | $9.59B | $7.41B | $7.16B |
| Cost of revenue | $10.24B | $9.61B | $11.49B | $13.37B | $9.16B | $7.62B | $8.01B | $8.09B | $6.57B | $6.35B |
| Gross profit | $1.82B | $1.51B | $2.21B | $5.76B | $3.20B | $1.06B | $897.3M | $1.50B | $842.8M | $810.0M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $533.9M | $496.9M | $500.5M | $498.0M | $430.5M | $371.5M | $354.1M | $341.1M | $301.3M | $304.2M |
| Total operating expenses | $767.2M | $890.4M | $872.5M | $970.5M | $731.8M | $652.0M | $1.99B | $570.1M | $377.1M | $491.0M |
| Operating income | $1.05B | $621.5M | $1.34B | $4.79B | $2.47B | $412.9M | −$1.09B | $928.3M | $465.7M | $319.0M |
| Interest income | $53.8M | $47.2M | $59.6M | $31.0M | $247.6M | $244.9M | $33.1M | $49.7M | $33.2M | $28.2M |
| Interest expense | $217.7M | $230.0M | $189.0M | $168.8M | $194.3M | $214.1M | $216.0M | $215.8M | $171.3M | $140.6M |
| Income before taxes | $1.22B | $388.7M | $1.39B | $4.84B | $2.23B | $87.1M | −$1.32B | $547.0M | $390.7M | $227.0M |
| Income taxes | $639.8M | $186.7M | $177.0M | $1.22B | $597.7M | −$578.5M | −$224.7M | $77.1M | $494.9M | −$74.2M |
| Net income | $540.7M | $174.9M | $1.16B | $3.58B | $1.63B | $666.1M | −$1.07B | $470.0M | −$107.2M | $297.8M |
| EBITDA | $2.48B | $1.57B | $2.48B | $5.75B | $3.23B | $1.24B | −$95.0M | $1.65B | $1.21B | $1.09B |
| EPS (diluted) | $2.26 | $1.98 | $3.57 | $11.01 | $5.04 | $0.85 | $0.16 | $2.12 | $1.10 | $0.79 |
| Gross margin | 15.1% | 13.6% | 16.1% | 30.1% | 25.9% | 12.3% | 10.1% | 15.6% | 11.4% | 11.3% |
| Operating margin | 8.7% | 5.6% | 9.8% | 25.0% | 20.0% | 4.8% | −12.3% | 9.7% | 6.3% | 4.5% |
| Net margin | 4.5% | 1.6% | 8.5% | 18.7% | 13.2% | 7.7% | −12.0% | 4.9% | −1.4% | 4.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.82B | $3.00B | $2.60B | $3.45B | $3.01B | $2.62B | $2.82B | $2.81B | $2.82B | $2.68B | $3.15B | $3.55B |
| Cost of revenue | $2.61B | $2.76B | $2.23B | $2.90B | $2.49B | $2.13B | $2.51B | $2.39B | $2.42B | $2.28B | $2.59B | $3.14B |
| Gross profit | $214.7M | $235.6M | $369.0M | $552.3M | $518.6M | $488.4M | $301.9M | $416.8M | $394.0M | $399.2M | $559.5M | $409.6M |
| Sales, general & admin | $131.6M | $135.9M | $118.6M | $125.5M | $167.2M | $122.6M | $113.5M | $148.2M | $128.4M | $106.8M | $123.0M | $119.9M |
| Total operating expenses | $250.2M | $608.5M | $133.4M | $212.5M | $274.2M | $149.9M | $202.0M | $301.4M | $160.7M | $226.3M | $281.0M | $263.8M |
| Operating income | −$35.5M | −$372.9M | $235.6M | $339.8M | $244.4M | $338.5M | $99.9M | $115.4M | $233.3M | $172.9M | $278.5M | $145.8M |
| Interest income | $14.6M | $10.0M | $15.4M | $13.7M | $13.1M | $11.5M | $13.3M | $8.9M | $14.8M | $10.2M | $16.3M | $114.3M |
| Interest expense | $62.8M | $65.3M | $40.1M | $59.3M | $66.1M | $52.2M | $60.0M | $50.6M | $61.2M | $58.2M | $51.2M | $40.3M |
| Income before taxes | −$300.9M | −$285.9M | $223.2M | $599.3M | $565.7M | $313.3M | $199.5M | $178.7M | −$52.2M | $62.7M | $323.9M | −$2.8M |
| Income taxes | −$35.4M | −$31.0M | $61.1M | $175.5M | $146.0M | $63.3M | $33.8M | $48.0M | $98.7M | $6.2M | −$44.1M | −$5.9M |
| Net income | −$272.8M | −$257.6M | $162.2M | $411.4M | $410.7M | $238.1M | $169.0M | $122.2M | −$161.5M | $45.2M | $365.3M | −$4.2M |
| EBITDA | $459.2M | $96.0M | $531.5M | $935.6M | $892.1M | $640.2M | $532.5M | $489.5M | $278.1M | $351.7M | $632.8M | $260.4M |
| EPS (diluted) | $0.13 | $0.05 | $0.22 | $1.04 | $0.51 | $0.49 | $0.45 | $0.34 | $0.54 | $0.65 | $0.71 | $0.68 |
| Gross margin | 7.6% | 7.9% | 14.2% | 16.0% | 17.3% | 18.6% | 10.7% | 14.8% | 14.0% | 14.9% | 17.8% | 11.5% |
| Operating margin | −1.3% | −12.4% | 9.0% | 9.8% | 8.1% | 12.9% | 3.5% | 4.1% | 8.3% | 6.5% | 8.8% | 4.1% |
| Net margin | −9.7% | −8.6% | 6.2% | 11.9% | 13.7% | 9.1% | 6.0% | 4.3% | −5.7% | 1.7% | 11.6% | −0.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MOS's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MOS financial results
In fiscal year 2025 (ended December 31, 2025), Mosaic reported revenue of $12.1 billion, up 8.4% from the year before. It had net income of $540.7 million (up 209.1%), a net profit margin of 4.5%. Diluted earnings per share came to $2.26. Over five years revenue grew at an average rate of 6.8% a year.
See the MOS stock overview for the latest quote and news, or the MOS chart for price history and technical indicators.
MOS income statement FAQ
What is Mosaic's annual revenue?
Mosaic reported total revenue of $12.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 8.4% from $11.1 billion the previous year.
Is Mosaic profitable?
Yes. Mosaic reported net income of $540.7 million in fiscal 2025, a net profit margin of 4.5%; its operating margin was 8.7%.
What is Mosaic's gross margin?
Mosaic's gross margin was 15.1% in fiscal 2025: for every $100 of revenue, Mosaic kept $15 after the direct cost of its products and services.
How fast is Mosaic growing?
Revenue grew 6.8% a year on average over the last five fiscal years, from $8.7 billion to $12.1 billion.
What are Mosaic's earnings per share?
Mosaic earned $2.26 per diluted share in fiscal 2025, compared with $1.98 a year earlier.
When will Mosaic report its next earnings?
Mosaic is expected to report results for the quarter ending September 30, 2026 on November 3, 2026 after the market closes.
When does Mosaic's fiscal year end?
Mosaic's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.