The Mosaic Company stock research
FY2025 Q3
The Mosaic (MOS) Gross Margin — Quarter Ended Sep 30, 2025
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin weakened slightly from the prior quarter but improved from the year-ago period.
Gross margin takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year. Gross margin weakened slightly from the prior quarter but improved from the year-ago period.
- Gross profit rose while cost of revenue also increased, resulting in a higher gross profit but a slightly lower gross margin than the prior quarter. The year-over-year improvement in gross margin was supported by a larger proportional increase in revenue relative to cost of revenue.
- Compared to the prior quarter, revenue and gross profit were higher, but gross margin was lower. Compared to the same quarter last year, revenue, gross profit, and gross margin were all higher.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
16.0%
Gross profit
$552.3M
Revenue
$3.5B
Cost of revenue
$2.9B
Quarter-over-quarter change
-1.3 pts
Year-over-year change
+1.2 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 |
|---|---|---|---|---|
| Dec 31, 2024 | $2.8B | $301.9M | $2.5B | 10.7% |
| Mar 31, 2025 | $2.6B | $488.4M | $2.1B | 18.6% |
| Jun 30, 2025 | $3.0B | $518.6M | $2.5B | 17.3% |
| Sep 30, 2025 | $3.5B | $552.3M | $2.9B | 16.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Jun 30, 2025
-1.3 pts
Year-over-year change
Sep 30, 2024
+1.2 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Gross profit rose while cost of revenue also increased, resulting in a higher gross profit but a slightly lower gross margin than the prior quarter. The year-over-year improvement in gross margin was supported by a larger proportional increase in revenue relative to cost of revenue.
Compared to the prior quarter, revenue and gross profit were higher, but gross margin was lower. Compared to the same quarter last year, revenue, gross profit, and gross margin were all higher.
Monitor the relationship between revenue growth and cost of revenue growth in future quarters to assess margin stability.