TMC the metals (TMC) Profit After Tax (2020 - 2025)
TMC the metals (TMC) reported Profit After Tax of -$40.4 million for Q4 2025, down 151.53% on a YoY basis from $78.4 million in Q4 2024, and up 78.11% quarter-over-quarter from -$184.5 million in Q3 2025.
TMC the metals (TMC) Profit After Tax (2020 - 2025) Analysis & Trends
TMC the metals has reported Profit After Tax for 6 years, with the latest figure at -$40.4 million in Q4 2025.
- For the quarter ending Q4 2025, Profit After Tax fell 151.53% year-over-year to -$40.4 million; the trailing twelve-month figure through Dec 2025 stood at -$319.8 million (down 290.32% YoY), and the FY2025 full-year result was -$319.8 million, down 290.32% from the prior year.
- Profit After Tax for Q4 2025 stood at -$40.4 million, up from -$184.5 million in the prior quarter.
- The five-year high for Profit After Tax was -$12.4 million in Q2 2022, with the low at -$184.5 million in Q3 2025.
- Historically, Profit After Tax has averaged -$39.4 million across 5 years, with a median of -$23.2 million in 2022.
- Annual changes were most pronounced in 2021 — Profit After Tax sank 433537.45% — and 2023, when it surged 69.46%.
- TMC the metals' Profit After Tax stood at -$19.8 million in 2021, then plunged by 453.43% to -$109.6 million in 2022, then surged by 69.46% to -$33.5 million in 2023, then soared by 52.0% to -$16.1 million in 2024, then sank by 151.53% to -$40.4 million in 2025.
- The last three Profit After Tax figures came in at -$40.4 million (Q4 2025), -$184.5 million (Q3 2025), and -$74.3 million (Q2 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 | - | -76.17 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | -7.97 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 19.37 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 11.13 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 87.45 Mn |
| 10 | TMC the metals | 76.80 Mn | -40.83 Mn | - | -40.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -40.40 Mn |
| Sep 30, 2025 | -184.52 Mn |
| Jun 30, 2025 | -74.34 Mn |
| Mar 31, 2025 | -20.59 Mn |
| Dec 31, 2024 | -16.06 Mn |
| Sep 30, 2024 | -20.52 Mn |
| Jun 30, 2024 | -20.17 Mn |
| Mar 31, 2024 | -25.19 Mn |
| Dec 31, 2023 | -33.46 Mn |
| Sep 30, 2023 | -12.47 Mn |
| Jun 30, 2023 | -14.11 Mn |
| Mar 31, 2023 | -13.75 Mn |
| Dec 31, 2022 | -109.57 Mn |
| Sep 30, 2022 | -27.89 Mn |
| Jun 30, 2022 | -12.38 Mn |
| Mar 31, 2022 | -21.12 Mn |
| Dec 31, 2021 | -19.80 Mn |
| Sep 30, 2021 | -36.65 Mn |
| Jun 30, 2021 | -29.14 Mn |
| Mar 31, 2021 | -55.71 Mn |