TMC the metals TMC
NASDAQ TMC
$4.14 -0.14 (-3.31%)
As of: Sep 10, 2026 · 9:42 AM EDT

TMC the metals (TMC) Retained Earnings (2019 - 2026)

TMC the metals' (TMC) quarterly Retained Earnings came in at -$1.0 billion in Q2 2026, down 42.08% on a YoY basis from -$1.8 billion in Q2 2025, and down 8.49% quarter-over-quarter from -$951.3 million in Q4 2025.

Analysis

TMC the metals (TMC) Retained Earnings (2019 - 2026) Analysis & Trends

TMC the metals (TMC) has reported Retained Earnings for 8 consecutive years, with -$1.0 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Retained Earnings fell 42.08% year-over-year to -$1.0 billion; the trailing twelve-month figure through Jun 2026 stood at -$1.0 billion (down 42.08% YoY), and the FY2025 full-year result was -$951.3 million, down 50.65% from the prior year.
  • Retained Earnings slipped to -$1.0 billion in Q2 2026 per TMC's latest filing, from -$951.3 million in the prior quarter.
  • Across five years, Retained Earnings topped out at -$325.3 million in Q1 2022 and bottomed at -$1.0 billion in Q2 2026.
  • Historically, Retained Earnings has averaged -$619.3 million across 5 years, with a median of -$584.2 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Retained Earnings tumbled 56.21% in 2022, then retreated 13.57% in 2025.
  • Over 5 years, Retained Earnings stood at -$475.1 million in 2022, then dropped by 15.53% to -$548.9 million in 2023, then retreated by 15.04% to -$631.4 million in 2024, then plunged by 50.65% to -$951.3 million in 2025, then retreated by 8.49% to -$1.0 billion in 2026.
  • According to Business Quant data, Retained Earnings over the past three periods registered -$1.0 billion, -$951.3 million, and -$910.9 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Southern Copper 165.83 Bn 158.58 Bn 2.90 Bn 4.59 Bn
2 Freeport-Mcmoran 104.41 Bn 112.45 Bn 2.19 Bn 23.66 Bn
3 Teck Resources 32.69 Bn 28.21 Bn 1.21 Bn -
4 Carpenter Technology 23.59 Bn 23.19 Bn 268.90 Mn 2.20 Bn
5 Hudbay Minerals 10.85 Bn 10.27 Bn 269.00 Mn 782.60 Mn
6 Almonty Industries 3.66 Bn 2.77 Bn 18.87 Mn -76.34 Mn
7 Ero Copper 3.63 Bn 3.53 Bn 121.42 Mn 943.09 Mn
8 TMC the metals 1.96 Bn 1.86 Bn - -1.03 Bn
9 Nexa Resources 1.83 Bn 1.73 Bn 257.20 Mn -
10 Ivanhoe Electric 1.59 Bn 1.60 Bn 368,000.00 -618.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.03 Bn
Dec 31, 2025 -951.28 Mn
Sep 30, 2025 -910.88 Mn
Jun 30, 2025 -726.36 Mn
Mar 31, 2025 -652.02 Mn
Dec 31, 2024 -631.44 Mn
Sep 30, 2024 -614.78 Mn
Jun 30, 2024 -594.26 Mn
Mar 31, 2024 -574.10 Mn
Dec 31, 2023 -548.90 Mn
Sep 30, 2023 -515.44 Mn
Jun 30, 2023 -502.98 Mn
Mar 31, 2023 -488.87 Mn
Dec 31, 2022 -475.12 Mn
Sep 30, 2022 -365.55 Mn
Mar 31, 2022 -325.27 Mn
Dec 31, 2021 -304.16 Mn
Sep 30, 2021 -284.36 Mn
Jun 30, 2021 -247.71 Mn
Mar 31, 2021 -218.57 Mn