TMC the metals (TMC) Share-based Compensation (2020 - 2026)
TMC the metals' (TMC) quarterly Share-based Compensation came in at $34.4 million in Q4 2025, up 456.39% YoY from $6.2 million in Q4 2024, and down 71.04% on a QoQ basis from $118.8 million in Q3 2025.
TMC the metals (TMC) Share-based Compensation (2020 - 2026) Analysis & Trends
TMC the metals (TMC) has 6 years of Share-based Compensation data on file, last reported at $34.4 million in Q4 2025.
- Quarterly Share-based Compensation rose 456.39% year-over-year to $34.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $41.2 million (up 214.87% YoY) and the FY2025 annual result came in at $96.7 million, up 281.91% from the prior year.
- Share-based Compensation slipped to $34.4 million in Q4 2025, from $118.8 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $118.8 million in Q3 2025 to a low of $2000.0 in Q3 2024.
- A 5-year average of $12.1 million and a median of $1.4 million in 2023 frame the typical range for Share-based Compensation.
- Annual changes were most pronounced in 2024 — Share-based Compensation plunged 99.86% — and 2025, when it soared 5939900.0%.
- Tracing TMC's Share-based Compensation over 5 years: stood at $5.2 million in 2021, then fell by 27.52% to $3.8 million in 2022, then plunged by 30.01% to $2.6 million in 2023, then jumped by 133.8% to $6.2 million in 2024, then jumped by 456.39% to $34.4 million in 2025.
- The last three Share-based Compensation figures came in at $34.4 million (Q4 2025), $118.8 million (Q3 2025), and $500000.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -28.19 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 6.58 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 808,953.38 |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 2.86 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 7.25 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | - |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 1.90 Mn |
| 10 | TMC the metals | 1.71 Bn | 1.61 Bn | - | 83.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 83.20 Mn |
| Jun 30, 2026 | 83.20 Mn |
| Dec 31, 2025 | 34.41 Mn |
| Dec 31, 2025 | 34.41 Mn |
| Sep 30, 2025 | 118.80 Mn |
| Sep 30, 2025 | 118.80 Mn |
| Jun 30, 2025 | 500,000.00 |
| Jun 30, 2025 | 500,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | 6.18 Mn |
| Dec 31, 2024 | 6.18 Mn |
| Sep 30, 2024 | 2,000.00 |
| Sep 30, 2024 | 2,000.00 |
| Mar 31, 2024 | 6.90 Mn |
| Mar 31, 2024 | 6.90 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Dec 31, 2023 | 2.65 Mn |
| Sep 30, 2023 | 1.40 Mn |
| Sep 30, 2023 | 1.40 Mn |