TMC the metals (TMC) Profit After Tax (2020 - 2026)
TMC the metals' (TMC) quarterly Profit After Tax came in at -$60.1 million in Q2 2026, up 19.13% on a YoY basis from -$50.5 million in Q2 2025, and down 48.83% quarter-over-quarter from -$40.4 million in Q4 2025.
Analysis
TMC the metals (TMC) Profit After Tax (2020 - 2026) Analysis & Trends
TMC the metals (TMC) has reported Profit After Tax for 7 consecutive years, with -$60.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Profit After Tax rose 19.13% year-over-year to -$60.1 million; the trailing twelve-month figure through Jun 2026 stood at -$359.4 million (down 173.27% YoY), and the FY2025 full-year result was -$319.8 million, down 290.32% from the prior year.
- Profit After Tax retreated to -$60.1 million in Q2 2026 per TMC's latest filing, from -$40.4 million in the prior quarter.
- Across five years, Profit After Tax topped out at -$12.4 million in Q2 2022 and bottomed at -$184.5 million in Q3 2025.
- Historically, Profit After Tax has averaged -$41.6 million across 5 years, with a median of -$21.1 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Profit After Tax soared 69.46% in 2023, then sank 799.21% in 2025.
- Over 5 years, Profit After Tax stood at -$109.6 million in 2022, then jumped by 69.46% to -$33.5 million in 2023, then surged by 52.0% to -$16.1 million in 2024, then tumbled by 151.53% to -$40.4 million in 2025, then tumbled by 48.83% to -$60.1 million in 2026.
- According to Business Quant data, Profit After Tax over the past three periods registered -$60.1 million, -$40.4 million, and -$184.5 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 161.43 Bn | 154.17 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 102.06 Bn | 110.09 Bn | 2.19 Bn | 1.39 Bn |
| 3 | Teck Resources | 32.44 Bn | 27.96 Bn | 1.21 Bn | 639.07 Mn |
| 4 | Carpenter Technology | 21.98 Bn | 21.59 Bn | 268.90 Mn | 162.40 Mn |
| 5 | Hudbay Minerals | 10.49 Bn | 9.90 Bn | 269.00 Mn | 138.10 Mn |
| 6 | Ero Copper | 3.70 Bn | 3.60 Bn | 121.42 Mn | 98.47 Mn |
| 7 | Almonty Industries | 3.22 Bn | 2.34 Bn | 18.87 Mn | 152.65 Mn |
| 8 | Nexa Resources | 1.77 Bn | 1.67 Bn | 257.20 Mn | 97.90 Mn |
| 9 | TMC the metals | 1.73 Bn | 1.64 Bn | - | -60.12 Mn |
| 10 | Ivanhoe Electric | 1.67 Bn | 1.67 Bn | 368,000.00 | -25.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -60.12 Mn |
| 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 |