The Mosaic Company stock research
FY2024 Q4
The Mosaic (MOS) Gross Margin — Quarter Ended Dec 31, 2024
Revenue was stable compared to the prior quarter but lower than the same quarter last year. Gross profit decreased, resulting in a lower gross margin as cost of revenue increased relative to revenue.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue was stable compared to the prior quarter but lower than the same quarter last year. Gross profit decreased, resulting in a lower gross margin as cost of revenue increased relative to revenue.
- Gross profit is the difference between revenue and cost of revenue. Gross margin, the ratio of gross profit to revenue, declined as cost of revenue increased relative to revenue.
- Compared to the prior quarter, revenue was unchanged while gross profit decreased, resulting in a lower gross margin. Compared to the same quarter last year, both revenue and gross profit were lower, with gross profit declining more sharply, leading to a weakened gross margin.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
10.7%
Gross profit
$301.9M
Revenue
$2.8B
Cost of revenue
$2.5B
Quarter-over-quarter change
-4.1 pts
Year-over-year change
-7.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2024 | $2.7B | $399.2M | $2.3B | 14.9% |
| Jun 30, 2024 | $2.8B | $394.0M | $2.4B | 14.0% |
| Sep 30, 2024 | $2.8B | $416.8M | $2.4B | 14.8% |
| Dec 31, 2024 | $2.8B | $301.9M | $2.5B | 10.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
-4.1 pts
Year-over-year change
Dec 31, 2023
-7.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit is the difference between revenue and cost of revenue. Gross margin, the ratio of gross profit to revenue, declined as cost of revenue increased relative to revenue.
Compared to the prior quarter, revenue was unchanged while gross profit decreased, resulting in a lower gross margin. Compared to the same quarter last year, both revenue and gross profit were lower, with gross profit declining more sharply, leading to a weakened gross margin.
Monitor the company's strategic initiatives and integration of acquired businesses, as well as cybersecurity risks, which could influence future operating results.