TMC the metals (TMC) Research & Development (2020 - 2026)

TMC the metals (TMC) has reported Research & Development for 7 consecutive years, with $56.1 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 434.38% year-over-year to $56.1 million; the trailing twelve-month figure through Jun 2026 stood at $86.9 million (up 116.44% YoY), and the FY2025 full-year result was $40.3 million, down 20.46% from the prior year.
• Research & Development grew to $56.1 million in Q2 2026 per TMC's latest filing, from $10.6 million in the prior quarter.
• Across five years, Research & Development topped out at $104.3 million in Q4 2022 and bottomed at $7.2 million in Q1 2023.
• Historically, Research & Development has averaged $20.1 million across 5 years, with a median of $10.5 million in 2025.
• The widest YoY moves for Research & Development: up 712.94% in 2022, down 80.47% in 2022.
• Over 5 years, Research & Development stood at $104.3 million in 2022, then tumbled by 74.41% to $26.7 million in 2023, then slumped by 68.87% to $8.3 million in 2024, then advanced by 28.11% to $10.6 million in 2025, then surged by 427.24% to $56.1 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $56.1 million, $10.6 million, and $9.6 million for Q2 2026, Q4 2025, and Q3 2025 respectively.