TMC the metals TMC
NASDAQ TMC
$4.28 -0.15 (-3.39%)
As of: Sep 9, 2026 · 3:59 PM EDT

TMC the metals (TMC) EBT (2020 - 2026)

TMC the metals' (TMC) quarterly EBT came in at -$60.0 million in Q2 2026, up 19.28% on a YoY basis from -$50.3 million in Q2 2025, and down 48.62% quarter-over-quarter from -$40.4 million in Q4 2025.

Analysis

TMC the metals (TMC) EBT (2020 - 2026) Analysis & Trends

TMC the metals (TMC) has reported EBT for 7 consecutive years, with -$60.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT rose 19.28% year-over-year to -$60.0 million; the trailing twelve-month figure through Jun 2026 stood at -$359.1 million (down 178.63% YoY), and the FY2025 full-year result was -$319.7 million, down 290.38% from the prior year.
  • EBT retreated to -$60.0 million in Q2 2026 per TMC's latest filing, from -$40.4 million in the prior quarter.
  • Across five years, EBT topped out at -$12.5 million in Q3 2023 and bottomed at -$184.4 million in Q3 2025.
  • Historically, EBT has averaged -$41.6 million across 5 years, with a median of -$20.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: EBT jumped 71.32% in 2022, then plunged 798.61% in 2025.
  • Over 5 years, EBT stood at -$111.3 million in 2022, then surged by 69.97% to -$33.4 million in 2023, then surged by 52.08% to -$16.0 million in 2024, then plunged by 152.15% to -$40.4 million in 2025, then plunged by 48.62% to -$60.0 million in 2026.
  • According to Business Quant data, EBT over the past three periods registered -$60.0 million, -$40.4 million, and -$184.4 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Southern Copper 174.97 Bn 167.64 Bn 2.90 Bn 2.60 Bn
2 Freeport-Mcmoran 109.93 Bn 105.85 Bn 2.19 Bn 1.93 Bn
3 Teck Resources 32.69 Bn 28.21 Bn 1.21 Bn 1.05 Bn
4 Carpenter Technology 22.96 Bn 22.57 Bn 268.90 Mn 204.70 Mn
5 Hudbay Minerals 11.39 Bn 10.34 Bn 269.00 Mn 240.40 Mn
6 Ero Copper 3.97 Bn 3.87 Bn 121.42 Mn 110.07 Mn
7 Almonty Industries 3.80 Bn 2.92 Bn 18.87 Mn 135.94 Mn
8 Nexa Resources 1.89 Bn 1.49 Bn 257.20 Mn 173.69 Mn
9 TMC the metals 1.86 Bn 1.76 Bn - -60.01 Mn
10 Ivanhoe Electric 1.73 Bn 1.73 Bn 368,000.00 -25.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -60.01 Mn
Dec 31, 2025 -40.38 Mn
Sep 30, 2025 -184.39 Mn
Jun 30, 2025 -74.34 Mn
Mar 31, 2025 -18.02 Mn
Dec 31, 2024 -16.01 Mn
Sep 30, 2024 -20.52 Mn
Jun 30, 2024 -20.30 Mn
Mar 31, 2024 -24.68 Mn
Dec 31, 2023 -33.42 Mn
Sep 30, 2023 -12.47 Mn
Jun 30, 2023 -14.11 Mn
Mar 31, 2023 -13.75 Mn
Dec 31, 2022 -111.28 Mn
Sep 30, 2022 -28.61 Mn
Jun 30, 2022 -18.33 Mn
Mar 31, 2022 -15.91 Mn
Dec 31, 2021 -28.27 Mn
Sep 30, 2021 -37.18 Mn
Jun 30, 2021 -28.67 Mn