TMC the metals (TMC) Receivables (2020 - 2025)

TMC the metals (TMC) reported Receivables of $6.1 million for Q4 2025, up 64.72% on a YoY basis from $3.7 million in Q4 2024, and up 289.4% quarter-over-quarter from $1.6 million in Q3 2025.

TMC the metals (TMC) Receivables (2020 - 2025) Analysis & Trends

TMC the metals has reported Receivables for 6 years, with the latest figure at $6.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Receivables rose 64.72% year-over-year to $6.1 million; the trailing twelve-month figure through Dec 2025 stood at $6.1 million (up 64.72% YoY), and the FY2025 full-year result was $6.1 million, up 64.72% from the prior year.
  • Receivables for Q4 2025 stood at $6.1 million, up from $1.6 million in the prior quarter.
  • The five-year high for Receivables was $7.4 million in Q4 2021, with the low at $139000.0 in Q3 2021.
  • Historically, Receivables has averaged $3.5 million across 5 years, with a median of $3.2 million in 2023.
  • Annual changes were most pronounced in 2021 — Receivables surged 4314.37% — and 2024, when it plunged 53.72%.
  • TMC the metals' Receivables stood at $7.4 million in 2021, then dropped by 26.04% to $5.5 million in 2022, then retreated by 27.44% to $4.0 million in 2023, then fell by 6.42% to $3.7 million in 2024, then soared by 64.72% to $6.1 million in 2025.
  • The last three Receivables figures came in at $6.1 million (Q4 2025), $1.6 million (Q3 2025), and $1.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - 30.24 Mn
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 4.84 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 957,000.00
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 119.27 Mn
6 Iperionx 8.57 Bn 8.52 Bn - 1.15 Mn
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 534.97 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 21.88 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 12.12 Mn
10 TMC the metals 76.80 Mn -40.83 Mn - 6.10 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 6.10 Mn
Sep 30, 2025 1.57 Mn
Jun 30, 2025 1.52 Mn
Mar 31, 2025 5.01 Mn
Dec 31, 2024 3.70 Mn
Sep 30, 2024 2.56 Mn
Jun 30, 2024 1.24 Mn
Mar 31, 2024 1.95 Mn
Dec 31, 2023 3.96 Mn
Sep 30, 2023 5.53 Mn
Jun 30, 2023 1.64 Mn
Mar 31, 2023 3.23 Mn
Dec 31, 2022 5.45 Mn
Sep 30, 2022 5.04 Mn
Mar 31, 2022 3.04 Mn
Dec 31, 2021 7.37 Mn
Sep 30, 2021 139,000.00
Dec 31, 2020 167,000.00