---
schema_version: "secwatch.filing_event.v1"
accession: "0001243786-23-000127"
form_type: "8-K"
ticker: "MOS"
cik: "0001285785"
company_name: "MOSAIC CO"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:12:46.693670+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mosaic Q2 net income $369M, revenue $3.4B down 37% YoY

## Summary
- Diluted EPS $1.11 vs $2.85 a year ago; adjusted EPS $1.04 vs $3.64.
- Revenue $3.4B down 37% from $5.4B; gross margin 16.8% vs 34.4%.
- Potash operating earnings $328M (down from $915M); Phosphate $146M (down from $578M).
- Cash from operations $1.1B, free cash flow $197M; Esterhazy validated at 7.8M tonnes.
- Colonsay potash mine restarted for summer maintenance; Mosaic Fertilizantes near breakeven.

## SEC filing metadata
- accession: 0001243786-23-000127
- form_type: 8-K
- ticker: MOS
- cik: 0001285785
- company_name: MOSAIC CO
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000127/0001243786-23-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000127/mos-20230801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001243786-23-000127
- JSON: https://secwatch.observer/filing/0001243786-23-000127.json
- Plain text: https://secwatch.observer/filing/0001243786-23-000127.txt

## Key facts
- Earnings Releases
  MOSAIC CO reported second quarter of 2023 results: revenue $3.4 billion, net income $369 million, EPS $1.11 per diluted share.
  - Period: second quarter of 2023
  - Revenue: $3.4 billion
  - Net income: $369 million
  - EPS: $1.11 per diluted share
  - Result: reported results
  source text: ag markets in the world. Mosaic is well positioned to capitalize on the fertilizer market's recovery, which is well underway." Highlights: • Second quarter revenues totaled $3.4 billion, down 37 percent from the year ago period, reflecting the impact of lower selling prices. The gross margin rate in the second quarter was 16.8 percent, down from 34.4 percent in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000127/0001243786-23-000127-index.htm

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