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Discontinued — last reported Q1 '26

Operating Income at other companies

Freeport-McMoRan Inc. logo
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MP Materials logo
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Ivanhoe Electric logo
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Materion logo
MaterionMTRN
$51.71M+40.4%

Other financials

Income statement

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Revenue$410.0K+263%
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$1.78B-15.1%

Returns & leverage

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Return on equity-390.9%+322pp
Debt / equity
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:OperatingIncomeLoss.

The source filing: TMC the metals company Inc.’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 5:30 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-061357
Line itemNoteThree months ended / March 31, 2026Three months ended / March 31, 2025
Operating expenses
Exploration and evaluation expenses9$13,257$9,515
General and administrative expenses1020,7258,500
Operating loss33,98218,015
Other items
Equity-accounted investment loss72,99835
Gain on dilution of investment7(4,602)
Change in fair value of warrant liability12(10,662)441

Item 1.Financial Statements

FAQ

What is TMC the metals company Inc.'s operating income?
TMC the metals company Inc. (TMC) reported operating income of -$33.98M in Q1 2026.
How has TMC the metals company Inc.'s operating income changed year-over-year?
TMC the metals company Inc.'s operating income decreased by 88.6% year-over-year, from -$18.02M to -$33.98M.
What is the long-term trend for TMC the metals company Inc.'s operating income?
Over 4 years (2021 to 2025), TMC the metals company Inc.'s operating income has grown at a -1.6% compound annual growth rate (CAGR), from -$149.59M to -$140.05M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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