What is TMC the metals company Inc.'s income tax?

TMC the metals company Inc. (TMC) reported income tax of $44K in Q1 2026.

What is the long-term trend for TMC the metals company Inc.'s income tax?

Over 2 years (2022 to 2024), TMC the metals company Inc.'s income tax has grown at a -21.0% compound annual growth rate (CAGR), from $77K to $48K.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

TMC the metals company Inc. TMC Income Tax

Income Tax at other companies

Freeport-McMoRan Inc.FCX

$653M+30.6%

MP MaterialsMP

-$5.67M-25.3%

MaterionMTRN

$1.53M-52.8%

SSR MiningSSRM

$59.78M+264%

MKS InstrumentsMKSI

$18M+157%

Hecla MiningHL

$50.9M+226%

Other financials

Income statement

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Revenue$410.0K+263%

Operating income-$34.0M-88.6%

Net income-$20.6M-0.1%

EPS (diluted)$0.05-16.7%

Balance sheet

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Cash & equivalents$119.7M+5,002%

Total debt$2.5M-57.8%

Total equity-$27.3M-63.1%

Total assets$184.9M+187%

Cash flow

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Operating cash flow-$615.0K+93.4%

CapEx$35.0K-50.0%

Free cash flow-$650.0K+93.1%

Valuation

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Market cap$2.09B+237%

Returns & leverage

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Return on equity-390.9%+322pp

Debt / equity0×—

Current ratio2.2×+2.0×

Where this comes from

Reported directly by TMC the metals company Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: TMC the metals company Inc.’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TMC the metals company Inc.'s income tax?: TMC the metals company Inc. (TMC) reported income tax of $44K in Q1 2026.
What is the long-term trend for TMC the metals company Inc.'s income tax?: Over 2 years (2022 to 2024), TMC the metals company Inc.'s income tax has grown at a -21.0% compound annual growth rate (CAGR), from $77K to $48K.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.