Compass Minerals Reports 5.8% Revenue Growth and Improved Net Loss in Q3 2025

Compass Minerals International, Inc. reported its financial results for the third quarter and nine months ended June 30, 2025, revealing a total revenue of $214.6 million for the quarter, a 5.8% increase from $202.9 million in the same period last year. For the nine-month period, revenue reached $1.016 billion, up 11.8% from $908.6 million in the prior year. The company reported a net loss of $17.0 million for the quarter, an improvement from a loss of $43.6 million in the same quarter of 2024. For the nine months, the net loss was $72.6 million, compared to a loss of $157.8 million in the previous year.

The financial performance reflects significant operational changes, particularly the exit from the Fortress fire retardant business, which had previously incurred substantial impairments. The company recorded a loss on impairments of $53.7 million for the nine months ended June 30, 2025, primarily related to the Fortress business. In contrast, the previous year included a much larger impairment loss of $175.8 million, which significantly impacted the operating results. The Salt segment, which includes deicing and consumer salt products, saw increased sales volumes, contributing to the overall revenue growth despite lower average sales prices.

Operationally, Compass Minerals has made strategic adjustments, including a reduction in corporate workforce and the cessation of the Fortress business, which has allowed the company to focus on its core Salt and Plant Nutrition segments. The Salt segment generated $166.0 million in sales for the quarter, while the Plant Nutrition segment contributed $44.8 million. The company also reported a gross profit of $41.2 million for the quarter, a 26% increase from the previous year, driven by higher sales volumes and lower per-unit product costs.

Looking ahead, Compass Minerals anticipates continued growth in both segments. The company expects Salt segment sales volumes to range between 10.7 million to 11.0 million tons for fiscal year 2025, with an adjusted EBITDA forecast of $220 million to $229 million. The Plant Nutrition segment is projected to improve sales volumes to between 320,000 to 325,000 tons, with adjusted EBITDA expected to be in the range of $24 million to $27 million. The company plans to invest between $75 million to $85 million in capital expenditures for the fiscal year, focusing on enhancing operational efficiency and supporting growth initiatives.