TMC the metals (TMCWW) Share-based Compensation (2020 - 2025)
TMC the metals (TMCWW) reported Share-based Compensation of $34.4 million for Q4 2025, up 456.39% on a YoY basis from $6.2 million in Q4 2024, and up 221.56% quarter-over-quarter from $10.7 million in Q3 2025.
TMC the metals (TMCWW) Share-based Compensation (2020 - 2025) Analysis & Trends
TMC the metals has reported Share-based Compensation for 6 years, with the latest figure at $34.4 million in Q4 2025.
- For the quarter ending Q4 2025, Share-based Compensation rose 456.39% year-over-year to $34.4 million; the trailing twelve-month figure through Dec 2025 stood at $46.0 million (up 241.3% YoY), and the FY2025 full-year result was $96.7 million, up 281.91% from the prior year.
- Share-based Compensation for Q4 2025 stood at $34.4 million, up from $10.7 million in the prior quarter.
- The five-year high for Share-based Compensation was $43.2 million in Q1 2021, with the low at $19000.0 in Q2 2023.
- Historically, Share-based Compensation has averaged $7.5 million across 5 years, with a median of $3.8 million in 2022.
- Annual changes were most pronounced in 2023 — Share-based Compensation plunged 99.0% — and 2024, when it jumped 2005.26%.
- TMC the metals' Share-based Compensation 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), $10.7 million (Q3 2025), and $800000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 8.83 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 12.93 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 3.37 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | -153,000.00 |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 3.06 Mn |
| 10 | TMC the metals | - | - | - | 34.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 34.41 Mn |
| Dec 31, 2025 | 34.41 Mn |
| Sep 30, 2025 | 10.70 Mn |
| Sep 30, 2025 | 10.70 Mn |
| Jun 30, 2025 | 800,000.00 |
| Jun 30, 2025 | 800,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Mar 31, 2025 | 100,000.00 |
| Dec 31, 2024 | 6.18 Mn |
| Dec 31, 2024 | 6.18 Mn |
| Jun 30, 2024 | 400,000.00 |
| Jun 30, 2024 | 400,000.00 |
| 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 | 19,000.00 |
| Sep 30, 2023 | 19,000.00 |
| Jun 30, 2023 | 19,000.00 |
| Jun 30, 2023 | 19,000.00 |