TMC
TMC the metals company Inc
NASDAQ: TMC · BASIC MATERIALS · OTHER INDUSTRIAL METALS & MINING
$4.92
-2.77% today
Updated 2026-04-29
Market cap
$2.74B
P/E ratio
—
P/S ratio
—
EPS (TTM)
$-0.83
Dividend yield
—
52W range
$3 – $11
Volume
5.2M
TMC the metals company Inc (TMC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $0.00 | $94.42M | $141.84M | $72.03M | $0.00 | $0.00 |
| Revenue growth (YoY) | — | — | — | +50.2% | -49.2% | -100.0% | — |
| Cost of revenue | — | $562000.00 | $452000.00 | $418000.00 | $360000.00 | $362000.00 | $252000.00 |
| Gross profit | — | $-562000.00 | $-149.59M | $-174.12M | $-360000.00 | $-362000.00 | $-252000.00 |
| Gross margin | — | — | -158.4% | -122.8% | -0.5% | — | — |
| R&D | — | — | $10.20M | $13.58M | — | — | — |
| SG&A | $1.80M | $7.72M | $51.18M | $29.52M | $22.54M | $30.64M | $99.77M |
| Operating income | $-42.08M | $56.60M | $149.59M | $-174.12M | $-72.39M | $-81.29M | $-140.05M |
| Operating margin | — | — | 158.4% | -122.8% | -100.5% | — | — |
| EBITDA | $-41.74M | $-56.04M | $-143.74M | $-170.47M | $-73.38M | $-78.93M | $-139.80M |
| EBITDA margin | — | — | -152.2% | -120.2% | -101.9% | — | — |
| EBIT | $-42.08M | $-56.60M | $-144.19M | $-170.89M | $-73.74M | $-79.29M | $-140.05M |
| Interest expense | $0.00 | $53000.00 | $1.00M | $1111.00 | $781000.00 | $2.60M | $3.21M |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-43.07M | $-56.63M | $-141.30M | $-170.96M | $-73.78M | $-81.94M | $-319.84M |
| Net income growth (YoY) | — | -31.5% | -149.5% | -21.0% | +56.8% | -11.1% | -290.3% |
| Profit margin | — | — | -149.7% | -120.5% | -102.4% | — | — |