TMC the metals (TMC) Payables (2019 - 2025)

TMC the metals (TMC) reported Payables of $2.3 million for Q4 2025, down 95.82% on a YoY basis from $54.5 million in Q4 2024, and down 39.55% quarter-over-quarter from $3.8 million in Q3 2025.

TMC the metals (TMC) Payables (2019 - 2025) Analysis & Trends

TMC the metals has reported Payables for 7 years, with the latest figure at $2.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Payables fell 95.82% year-over-year to $2.3 million; the trailing twelve-month figure through Dec 2025 stood at $2.3 million (down 95.82% YoY), and the FY2025 full-year result was $2.3 million, down 95.82% from the prior year.
  • Payables for Q4 2025 stood at $2.3 million, down from $3.8 million in the prior quarter.
  • The five-year high for Payables was $57.2 million in Q3 2024, with the low at $2.3 million in Q4 2025.
  • Historically, Payables has averaged $26.5 million across 5 years, with a median of $25.2 million in 2022.
  • Annual changes were most pronounced in 2021 — Payables soared 14222.6% — and 2025, when it sank 95.82%.
  • TMC the metals' Payables stood at $26.6 million in 2021, then soared by 56.6% to $41.6 million in 2022, then declined by 24.7% to $31.3 million in 2023, then jumped by 74.03% to $54.5 million in 2024, then slumped by 95.82% to $2.3 million in 2025.
  • The last three Payables figures came in at $2.3 million (Q4 2025), $3.8 million (Q3 2025), and $49.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 31.77 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 45.89 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 1.69 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 32.99 Mn
6 Iperionx 8.57 Bn 8.52 Bn - 10.37 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 212.09 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 59.02 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 38.82 Mn
10 TMC the metals 76.80 Mn -40.83 Mn - 2.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.28 Mn
Sep 30, 2025 3.77 Mn
Jun 30, 2025 49.58 Mn
Mar 31, 2025 12.54 Mn
Dec 31, 2024 54.53 Mn
Sep 30, 2024 57.24 Mn
Jun 30, 2024 43.66 Mn
Mar 31, 2024 36.47 Mn
Dec 31, 2023 31.33 Mn
Sep 30, 2023 19.34 Mn
Jun 30, 2023 18.11 Mn
Mar 31, 2023 17.54 Mn
Dec 31, 2022 41.61 Mn
Sep 30, 2022 25.19 Mn
Mar 31, 2022 18.00 Mn
Dec 31, 2021 26.57 Mn
Sep 30, 2021 28.34 Mn
Jun 30, 2021 11.70 Mn
Mar 31, 2021 6.43 Mn
Dec 31, 2020 4.32 Mn