TMC the metals Co Inc.TMCEarnings & Financial Report
The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific.
Revenue
$19.0K
Gross Profit
N/A
Operating Profit
$-18.0M
Net Profit
$-20.6M
Gross Margin
N/A
Operating Margin
-94815.8%
Net Margin
-108357.9%
YoY Growth
-81.4%
EPS
$0.06
Financial Flow
TMC the metals Co Inc. Q1 2025 Financial Summary
TMC the metals Co Inc. reported revenue of $19.0K (down 81.4% YoY) for Q1 2025, with a net profit of $-20.6M (up 18.3% YoY) (-108357.9% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $19.0K |
|---|---|
| Net Profit | $-20.6M |
| Gross Margin | N/A |
| Operating Margin | -94815.8% |
| Report Period | Q1 2025 |
TMC the metals Co Inc. Annual Revenue by Year
TMC the metals Co Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.8M |
| 2023 | $1.1M |
| 2022 | $1.1M |
TMC the metals Co Inc. Quarterly Revenue & Net Profit History
TMC the metals Co Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $1.3M | +2425.5% | $-40.4M | -3136.5% |
| Q3 2025 | $1.3M | +19028.6% | $-184.5M | -13780.2% |
| Q2 2025 | $147.0K | -64.1% | $-74.3M | -50572.1% |
| Q1 2025 | $19.0K | -81.4% | $-20.6M | -108357.9% |
| Q4 2024 | $51.0K | -75.1% | $-16.1M | -31492.2% |
| Q3 2024 | $7.0K | -97.8% | $-20.5M | -293142.9% |
| Q1 2024 | $102.0K | -77.5% | $-25.2M | -24700.0% |
| Q4 2023 | $205.0K | -63.8% | $-33.5M | -16321.5% |
Income Statement
| Q4 2023 | Q1 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $205000 | $102000 | $7000 | $51000 | $19000 | $147000 | $1.3M | $1.3M |
| YoY Growth | -63.8% | -77.5% | -97.8% | -75.1% | -81.4% | -64.1% | 19028.6% | 2425.5% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $68.9M | $65.5M | $61.3M | $63.0M | $64.5M | $173.7M | $175.6M | $181.6M |
| Liabilities | $58.0M | $63.6M | $82.8M | $80.1M | $81.3M | $91.8M | $216.2M | $215.1M |
| Equity | $10.9M | $1.8M | $-21.5M | $-17.1M | $-16.8M | $81.9M | $-40.6M | $-33.4M |
Cash Flow
| Q4 2023 | Q1 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-15.2M | $-11.9M | $-5.7M | $-13.8M | $-9.3M | $-10.7M | $-11.5M | $-11.4M |