TMC the metals (TMC) Notes Payables (2024 - 2026)
TMC the metals' (TMC) quarterly Notes Payables came in at $527000.0 in Q2 2026, down 78.73% on a YoY basis from $2.5 million in Q2 2025, and down 96.05% quarter-over-quarter from $13.4 million in Q4 2025.
Analysis
TMC the metals (TMC) Notes Payables (2024 - 2026) Analysis & Trends
TMC the metals (TMC) has reported Notes Payables for 3 consecutive years, with $527000.0 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Notes Payables fell 78.73% year-over-year to $527000.0; the trailing twelve-month figure through Jun 2026 stood at $527000.0 (down 78.73% YoY), and the FY2025 full-year result was $13.4 million, up 13.38% from the prior year.
- Notes Payables fell to $527000.0 in Q2 2026 per TMC's latest filing, from $13.4 million in the prior quarter.
- Across five years, Notes Payables topped out at $13.4 million in Q4 2025 and bottomed at $527000.0 in Q2 2026.
- Historically, Notes Payables has averaged $7.6 million across 3 years, with a median of $9.2 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Notes Payables rose 13.38% in 2025, then tumbled 78.73% in 2026.
- Over 3 years, Notes Payables stood at $11.8 million in 2024, then rose by 13.38% to $13.4 million in 2025, then plunged by 96.05% to $527000.0 in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $527000.0, $13.4 million, and $2.5 million for Q2 2026, Q4 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Southern Copper | 162.29 Bn | 154.96 Bn | 2.90 Bn |
| 2 | Freeport-Mcmoran | 101.90 Bn | 97.82 Bn | 2.19 Bn |
| 3 | Teck Resources | 32.36 Bn | 27.16 Bn | 1.21 Bn |
| 4 | Carpenter Technology | 22.54 Bn | 22.15 Bn | 268.90 Mn |
| 5 | Hudbay Minerals | 10.55 Bn | 9.50 Bn | 269.00 Mn |
| 6 | Ero Copper | 3.64 Bn | 3.54 Bn | 121.42 Mn |
| 7 | Almonty Industries | 3.50 Bn | 2.61 Bn | 18.87 Mn |
| 8 | TMC the metals | 1.77 Bn | 1.67 Bn | - |
| 9 | Nexa Resources | 1.77 Bn | 1.37 Bn | 257.20 Mn |
| 10 | Ivanhoe Electric | 1.66 Bn | 1.66 Bn | 368,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 527,000.00 |
| Dec 31, 2025 | 13.35 Mn |
| Jun 30, 2025 | 2.48 Mn |
| Mar 31, 2025 | 9.98 Mn |
| Dec 31, 2024 | 11.78 Mn |
| Sep 30, 2024 | 9.18 Mn |
| Jun 30, 2024 | 5.88 Mn |