TMC the metals (TMC) Accumulated Expenses (2019 - 2025)
TMC the metals (TMC) reported Accumulated Expenses of $43.8 million for Q4 2025, up 19.74% on a YoY basis from $36.6 million in Q4 2024, and up 1.63% quarter-over-quarter from $43.1 million in Q3 2025.
TMC the metals (TMC) Accumulated Expenses (2019 - 2025) Analysis & Trends
TMC the metals has reported Accumulated Expenses for 7 years, with the latest figure at $43.8 million in Q4 2025.
- For the quarter ending Q4 2025, Accumulated Expenses rose 19.74% year-over-year to $43.8 million; the trailing twelve-month figure through Dec 2025 stood at $43.8 million (up 19.74% YoY), and the FY2025 full-year result was $43.8 million, up 19.74% from the prior year.
- Accumulated Expenses for Q4 2025 stood at $43.8 million, up from $43.1 million in the prior quarter.
- The five-year high for Accumulated Expenses was $43.8 million in Q4 2025, with the low at $1.8 million in Q4 2021.
- Historically, Accumulated Expenses has averaged $16.2 million across 5 years, with a median of $4.1 million in 2024.
- The largest YoY upside for Accumulated Expenses was 6578.8% in 2021 against a maximum downside of 2.53% in 2021.
- TMC the metals' Accumulated Expenses stood at $1.8 million in 2021, then changed by 0.0% to $1.8 million in 2022, then jumped by 1505.56% to $28.9 million in 2023, then gained by 26.49% to $36.6 million in 2024, then increased by 19.74% to $43.8 million in 2025.
- The last three Accumulated Expenses figures came in at $43.8 million (Q4 2025), $43.1 million (Q3 2025), and $42.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn |
| 10 | TMC the metals | 76.80 Mn | -40.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 43.77 Mn |
| Sep 30, 2025 | 43.07 Mn |
| Jun 30, 2025 | 42.88 Mn |
| Mar 31, 2025 | 42.69 Mn |
| Dec 31, 2024 | 36.56 Mn |
| Sep 30, 2024 | 4.10 Mn |
| Jun 30, 2024 | 4.10 Mn |
| Mar 31, 2024 | 4.10 Mn |
| Dec 31, 2023 | 28.90 Mn |
| Sep 30, 2023 | 2.90 Mn |
| Jun 30, 2023 | 2.90 Mn |
| Mar 31, 2023 | 2.90 Mn |
| Dec 31, 2022 | 1.80 Mn |
| Sep 30, 2022 | 1.80 Mn |
| Dec 31, 2021 | 1.80 Mn |
| Jun 30, 2021 | 6.81 Mn |
| Mar 31, 2021 | 4.30 Mn |
| Dec 31, 2020 | 1.85 Mn |
| Sep 30, 2020 | 745,200.00 |
| Jun 30, 2020 | 102,000.00 |