Is TMC the metals company Inc. profitable?

TMC the metals company Inc. is not currently profitable: it reported a net loss of $319.9M over the trailing twelve months.

What is TMC the metals company Inc.'s earnings per share?

TMC the metals company Inc.'s diluted EPS over the trailing twelve months is $0.79.

Where does TMC the metals company Inc.'s income statement data come from?

Every line is extracted from TMC the metals company Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

TMC the metals company Inc. TMC Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Net interest income	$1.14M+5,879%	$1.29M+2,425%	$1.34M+19,029%	$147K+819%	$19K-81.4%
Compensation and benefits	$23.98M+131%	$34.41M+456%	$42.97M+581%	$8.92M+50.7%	$10.38M+50.5%
Occupancy and equipment	$477K0.0%	$477K0.0%	$500K0.0%	$500K0.0%	$477K0.0%
Interest expense	——	——	——	——	$558K—
Income before income taxes	-$20.56M+0.2%	-$40.38M-152%	-$184.39M-799%	-$74.34M—	-$20.59M—
Income tax expense	$44K—	$21K+75.0%	$123K+925%	——	——
Basic earnings per share	$0.05-16.7%	$0.08+100.0%	$0.46+667%	$0.20+233%	$0.06-25.0%
Weighted-average shares, diluted	425.8M+23.3%	384.5M+19.5%	405.5M+25.3%	366.6M+14.3%	345.3M+10.9%
Weighted-average shares, basic	425.8M+23.3%	384.5M+19.5%	405.5M+25.3%	366.6M+14.3%	345.3M+10.9%
Adjustment For Amortization	$39K-32.8%	$79K-3.7%	$57K-31.3%	$58K-48.2%	$58K-31.8%
Share-based compensation expense related to employee stock plans	$23.98M+131%	$34.41M+456%	$42.97M+581%	$8.92M+50.7%	$10.38M+50.5%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	260.9M+7.0%	270.6M+14.3%	——	——	243.8M+17.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect	$2.07M+284%	$2M—	$0+100%	$113.41M+3,317%	-$1.12M+64.2%
Common Shares Options Based Payments	$5.53M+187%	$5.84M+87.6%	$4.26M+31.4%	-$3.33M-6.5%	$1.93M+299%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	-$20.6M-0.1%	-$40.4M-152%	-$184.52M-799%	-$74.34M-38,822%	-$20.59M+18.3%
Contingent Value Rights Issued	——	——	——	——	——
Effect of exchange rate changes on cash, cash equivalents and restricted cash	-$20K-100%	-$11K+97.3%	-$10K-122%	——	-$10K-103%
Effective tax rates	——	$0+100%	$0+100%	$0+100%	$0+100%
Effective Income Tax Rate Reconciliation At Federal Statutory And Provincial Income Tax Rate Amount	——	-$20.55M-276%	-$20.55M-276%	-$20.55M-276%	-$20.55M-276%
Income taxes at U.S. statutory rate of 21%	——	25%-1.7%	——	——	——
Effective Income Tax Rate Reconciliation At Federal Statutory And Provincial Income Tax Rate Percent	——	25.7%-1.0%	——	——	——
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Change In Fair Value Of Warrant Liability Amount	——	$3.37M—	$3.37M—	$3.37M—	$3.37M—
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Change In Fair Value Of Royalty Liability Amount	——	$8.19M—	$8.19M—	$8.19M—	$8.19M—
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Change In Fair Value Of Warrant Liability Percent	——	-4.2%—	——	——	——
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Other Amount	——	$225.5K—	$225.5K—	$225.5K—	$225.5K—
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Share Based Payment Arrangements Amount	——	$5.45M—	$5.45M—	$5.45M—	$5.45M—
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Share Based Payment Arrangements Percent	——	-6.8%—	——	——	——
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Amount	——	$17.24M+2,656%	$17.24M+2,656%	$17.24M+2,656%	$17.24M+2,656%
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Percent	——	-21.6%-18.5%	——	——	——
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Other Percent	——	-0.3%—	——	——	——
Effective Income Tax Rate Reconciliation Non Taxable Or Nondeductible Expense Change In Fair Value Of Royalty Liability Percent	——	-10.2%—	——	——	——
Effective Income Tax Rate Reconciliation Other Adjustment Percent	——	0.8%—	——	——	——
Effective Income Tax Rate Reconciliation Other Adjustment Amount	——	-$639.25K—	-$639.25K—	-$639.25K—	-$639.25K—
Effective Income Tax Rate Reconciliation Prior Years Adjustments Relating To Tax Provision And Tax Returns Amount	——	$7.5K—	$7.5K—	$7.5K—	$7.5K—
Effective Income Tax Rate Reconciliation Prior Years Adjustments Relating To Tax Provision And Tax Returns Percent	——	0%—	——	——	——
Effective Income Tax Rate Reconciliation Provincial And Local Taxes Amount	——	-$567.75K—	-$567.75K—	-$567.75K—	-$567.75K—
Effective Income Tax Rate Reconciliation Provincial And Local Taxes Percent	——	0.7%—	——	——	——
Effective Income Tax Rate Reconciliation Tax Contingencies Percent	——	-4.6%+1.6%	——	——	——
Effective Income Tax Rate Reconciliation Tax Contingencies Amount	——	$3.67M+194%	$3.67M+194%	$3.67M+194%	$3.67M+194%
Effective Income Tax Rate Reconciliation Total Foreign Effects Percent	——	-0.4%+17.2%	——	——	——
Effective Income Tax Rate Reconciliation Total Foreign Effects Amount	——	$302.5K-91.6%	$302.5K-91.6%	$302.5K-91.6%	$302.5K-91.6%
Environmental Studies	$270K-78.7%	$255K—	$303K-70.6%	$1.83M+22.6%	$1.27M-30.6%
Equity Method Investment Realized Gain Loss On Disposal	-$3M-8,466%	$725K+2,600%	-$492K-748%	$89K+246%	-$35K+55.1%
Exploration Expense	$13.26M+39.3%	$10.64M+28.1%	$9.63M-18.5%	$10.5M-15.4%	$9.52M-47.5%
Exploration Labor	$2.85M+10.1%	$1.85M-8.3%	$2.5M-5.5%	$2.6M+7.3%	$2.59M+10.8%
Exploration Licenses Period Increase Decrease	——	$0—	$0—	$0—	$0—
Exploration Licenses Termination	——	——	——	——	——
Net Transfers In (Out)	$0—	——	$0—	$0—	$0—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Transfers Net	$0—	——	$0—	$0—	$0—
Fees And Interest On Credit Facility	$665K-34.9%	$680K-44.4%	$681K+10.7%	$833K+69.3%	$1.02M+277%
Acquired intangibles	——	$49.25K-30.9%	$49.25K-30.9%	$49.25K-30.9%	$49.25K-30.9%
Gain (Loss), Foreign Currency Transaction, before Tax	$690K+163%	-$66K-104%	-$43K+95.5%	-$2.46M-3,030%	-$1.1M-512%
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax	$726K+131%	-$32K-104%	——	-$2.34M-29,375%	-$2.35M-900%
Gain Loss On Contract Termination	——	——	——	——	——
Gain Loss On Dilution Of Investments	$4.6M—	$2.68M—	$2.97M—	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	-$19.98M-265%	-$19.98M-265%	-$19.98M-265%	-$19.98M-265%
Income taxes paid	——	$23.25K+174%	$23.25K+174%	$23.25K+174%	$23.25K+174%
Accounts payable and other current liabilities	$8.53M+3,906%	——	$1.42M-86.0%	$188K-85.7%	$213K-96.2%
Increase Decrease In Receivables And Prepaid Expense	$48K-98.5%	$1.48M+310%	$48K-96.5%	-$3.49M-361%	$3.16M+12,744%
Debt	——	——	——	——	$558K—
Interest Income (Expense), Operating	$1.14M+5,879%	$1.29M+2,425%	$1.34M+19,029%	$147K+819%	$19K-81.4%
Interest Paid On Short Term Borrowings	——	——	——	——	-$103K-464%
Line Of Credit Facility Commitment Fee Amount	$700K—	——	$1.2M—	$900K+800%	$0-100%
Mining Technological And Process Development	$1.31M-55.5%	$1.85M-44.5%	$1.21M-65.7%	$1.55M-60.5%	$2.95M-74.6%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$2.72M-67.2%	$13.11M-24.2%	$11.41M+101%	$123.78M+1,329%	$8.29M-8.3%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$35K+50.0%	$241K+582%	$0+100%	$296K+495%	-$70K+79.4%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	-$615K+93.4%	-$11.36M+17.2%	-$11.49M-98.6%	-$10.66M+12.0%	-$9.35M+21.1%
Number Of Trials For Warrants Valuation	——	62.5K0.0%	62.5K0.0%	62.5K0.0%	62.5K0.0%
Occupancy and Related Charges	$477K0.0%	$477K0.0%	$500K0.0%	$500K0.0%	$477K0.0%
Other Exploration And Evaluation Expenses	$221K+108%	$80K-39.4%	$68K-65.5%	$123K-69.0%	$106K-53.3%
Payments Of Stock Issuance Costs Registered Direct Offering	——	$15K-93.0%	$227K—	$20K—	$472K+232%
Payments to Acquire Property, Plant, and Equipment	$35K-50.0%	$105K+110%	$20K-60.0%	$50K-33.3%	$70K-79.4%
Percentage Of Contribution To Gross Royalty	——	——	——	——	——
Prefeasibility Studies	$1.88M+4,480%	$287K+1.8%	$359K+41.9%	$462K+56.6%	$41K-85.9%
Proceeds from Issuance of Common Stock	——	——	——	$9.22M—	$5.56M—
Proceeds From Issuance Registered Direct Offering	——	$0-100%	$6.99M—	$30.01M—	$5M-44.4%
Cash received from option exercises	$2.72M—	$430K—	$2.12M+3,828%	——	——
Repayment Of Working Capital Loan	——	$1.88M—	$1.88M—	$1.88M—	$1.88M—
Repayments Of Related Party Debt	——	$3K—	$2.5M—	$0—	$1.8M—
Stock-based compensation	$23.98M+131%	$34.41M+456%	$42.97M+581%	$8.92M+50.7%	$10.38M+50.5%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period	81.8K+26.3%	81.2K-36.9%	——	——	64.7K-83.9%
Sponsorship Training And Stakeholder Engagement	$1.2M+89.4%	$478K-12.6%	$928K+2.1%	$606K-18.1%	$633K-27.5%
Stock Issued During Period Shares Conversion Of Units	——	——	——	——	——
New issues (in shares)	——	——	——	——	——
Stock Issued During Period Value Registered Direct Offering	——	——	$6.97M—	$29.73M—	$5M-44.4%
Stock Issued During Period, Value, Stock Options Exercised	$2.72M—	$430K—	$2.12M+3,828%	$462K+111%	$0-100%
Warrant Exercise Price Adjustment Trigger	——	$4.500.0%	$4.500.0%	$4.500.0%	$4.500.0%
Warrant Redemption Measurement Consecutive Trading Days Over Specified Amount	——	50.0%	50.0%	50.0%	50.0%
Warrant Redemption Measurement Period	——	7.50.0%	7.50.0%	7.50.0%	7.50.0%
EBIT	-$33.98M-88.6%	-$44.71M-173%	-$55.36M-177%	-$21.98M-8.3%	-$18.02M+27.0%

Questions, answered.

Is TMC the metals company Inc. profitable?: TMC the metals company Inc. is not currently profitable: it reported a net loss of $319.9M over the trailing twelve months.
What is TMC the metals company Inc.'s earnings per share?: TMC the metals company Inc.'s diluted EPS over the trailing twelve months is $0.79.
Where does TMC the metals company Inc.'s income statement data come from?: Every line is extracted from TMC the metals company Inc.'s SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.