---
title: "Mosaic Company (The) Business Model"
description: "Mosaic Company (The) revenue by business segment from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/mosaic-company-the/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Mosaic Company (The) Business Model: How Mosaic Company (The) Makes Money

## Direct Answer

Mosaic Company (The) reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Mosaic Fertilizantes is the largest, with $4.8 billion of revenue (40% of the total), followed by Phosphates at $3.9 billion (32%).

## How Does Mosaic Company (The) Make Money?

No single line supplies a majority of revenue: the largest, Mosaic Fertilizantes, is 40%, which spreads Mosaic Company (The)'s exposure across several demand drivers. Between fiscal 2024 and 2025, Corporate Eliminations and Other grew fastest (+24.7%) and Phosphates slowest (+2.2%), so the revenue mix tilts toward Corporate Eliminations and Other while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Mosaic Fertilizantes | $4.8 billion | $4.4 billion | 40.2% | 9.6% |
| Phosphates | $3.9 billion | $3.8 billion | 32.2% | 2.2% |
| Potash | $2.7 billion | $2.4 billion | 22.1% | 12.1% |
| Corporate Eliminations and Other | $669 million | $536 million | 5.5% | 24.7% |

![Bar chart of Mosaic Company (The) revenue by segment for fiscal 2025: Mosaic Fertilizantes 40.2%, Phosphates 32.2%, Potash 22.1%, Corporate Eliminations and Other 5.5%.](https://www.getswoopr.com/images/charts/mosaic-company-the-business-model-segment-mix.webp)
*Mosaic Company (The) revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## Which Mosaic Company (The) Segments Earn the Most?

| Segment | FY2025 segment operating income | Segment margin |
| --- | --- | --- |
| Mosaic Fertilizantes | $277 million | 5.7% |
| Phosphates | $135 million | 3.5% |
| Potash | $638 million | 24.0% |
| Corporate Eliminations and Other | -$229 million | -34.2% |

Segment operating income is the profit measure Mosaic Company (The) reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within Mosaic Company (The) more safely than against another company.

## What the Segment Figures Do Not Show

The rows above add up to 100% of Mosaic Company (The)'s reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Mosaic Company (The) reported in the segment note and revenue disclosures of its Form 10-K filed February 27, 2026 (accession 0001285785-26-000017), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Mosaic Company (The)'s business segments?

In its fiscal 2025 Form 10-K, Mosaic Company (The) reports revenue for Mosaic Fertilizantes, Phosphates, Potash and Corporate Eliminations and Other.

### Which part of Mosaic Company (The) brings in the most revenue?

Mosaic Fertilizantes, with $4.8 billion of revenue in fiscal 2025, or 40% of the total.

### Where does Mosaic Company (The) report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 27, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: MOSAIC CO Form 10-K filed February 27, 2026](https://www.sec.gov/Archives/edgar/data/1285785/000128578526000017/mos-20251231.htm)
- [SEC EDGAR: MOSAIC CO annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1285785&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

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- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)

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