---
schema_version: "secwatch.filing_event.v1"
accession: "0001243786-23-000066"
form_type: "8-K"
ticker: "MOS"
cik: "0001285785"
company_name: "MOSAIC CO"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:25:03.948814+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mosaic Q1 net income $435M ($1.28 EPS) down 63% YoY; Adj EBITDA $777M

## Summary
- Revenue $3.6B (-8% YoY); gross margin rate 18.6% vs 36.7%.
- Potash operating earnings $402M (down from $563M); Phosphate $266M (down from $493M).
- Colonsay mine restart deferred to H2 2023; Esterhazy miner to start H2.
- Cash from ops $149M; free cash flow $191M; share buybacks $456M, dividends $152M.
- Adjusted EPS $1.14 (vs $2.41 YoY); adjusted EBITDA $777M (vs $1.5B).

## SEC filing metadata
- accession: 0001243786-23-000066
- form_type: 8-K
- ticker: MOS
- cik: 0001285785
- company_name: MOSAIC CO
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000066/0001243786-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000066/mos-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001243786-23-000066
- JSON: https://secwatch.observer/filing/0001243786-23-000066.json
- Plain text: https://secwatch.observer/filing/0001243786-23-000066.txt

## Key facts
- Earnings Releases
  MOSAIC CO reported quarter ended March 31, 2023 results: revenue $3,604 million, net income $435 million, EPS $1.28 per diluted share.
  - Period: quarter ended March 31, 2023
  - Revenue: $3,604 million
  - Net income: $435 million
  - EPS: $1.28 per diluted share
  - Result: reported results
  source text: constructive. At the same time, North American fertilizer demand has accelerated as growers are being incented to maximize yields.” Highlights: • First quarter revenues totaled $3.6 billion, down 8 percent from the year ago period, reflecting the impact of lower prices somewhat offset by higher volumes. The gross margin rate in the first quarter was 18.6 percent,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000066/0001243786-23-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.