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Side-by-side financial comparison of Absci Corp (ABSI) and TMC the metals Co Inc. (TMC). Click either name above to swap in a different company.

TMC the metals Co Inc. is the larger business by last-quarter revenue ($1.3M vs $650.0K, roughly 2.0× Absci Corp). TMC the metals Co Inc. runs the higher net margin — -3136.5% vs -4548.0%, a 1411.5% gap on every dollar of revenue. On growth, TMC the metals Co Inc. posted the faster year-over-year revenue change (2425.5% vs -2.3%). TMC the metals Co Inc. produced more free cash flow last quarter ($-11.5M vs $-29.3M). Over the past eight quarters, TMC the metals Co Inc.'s revenue compounded faster (159.0% CAGR vs -6.5%).

Absci Corp is a synthetic biology and AI-powered biotech firm focused on advancing next-generation biologic drug discovery and development. It delivers integrated protein engineering solutions to pharmaceutical and biopharmaceutical partners, enabling faster creation of novel antibodies, therapeutic proteins and other complex biologic candidates to address unmet global medical needs.

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.

ABSI vs TMC — Head-to-Head

Bigger by revenue
TMC
TMC
2.0× larger
TMC
$1.3M
$650.0K
ABSI
Growing faster (revenue YoY)
TMC
TMC
+2427.7% gap
TMC
2425.5%
-2.3%
ABSI
Higher net margin
TMC
TMC
1411.5% more per $
TMC
-3136.5%
-4548.0%
ABSI
More free cash flow
TMC
TMC
$17.8M more FCF
TMC
$-11.5M
$-29.3M
ABSI
Faster 2-yr revenue CAGR
TMC
TMC
Annualised
TMC
159.0%
-6.5%
ABSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABSI
ABSI
TMC
TMC
Revenue
$650.0K
$1.3M
Net Profit
$-29.6M
$-40.4M
Gross Margin
Operating Margin
-4775.5%
-3470.9%
Net Margin
-4548.0%
-3136.5%
Revenue YoY
-2.3%
2425.5%
Net Profit YoY
-2.0%
-151.5%
EPS (diluted)
$-0.19
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ABSI
ABSI
TMC
TMC
Q4 25
$650.0K
$1.3M
Q3 25
$1.3M
Q2 25
$593.0K
Q1 25
$1.2M
Q4 24
$665.0K
Q3 24
$1.7M
Q2 24
$1.3M
Q1 24
$898.0K
Net Profit
ABSI
ABSI
TMC
TMC
Q4 25
$-29.6M
$-40.4M
Q3 25
$-184.5M
Q2 25
$-30.6M
Q1 25
$-26.3M
Q4 24
$-29.0M
Q3 24
$-27.4M
Q2 24
$-24.8M
Q1 24
$-22.0M
Operating Margin
ABSI
ABSI
TMC
TMC
Q4 25
-4775.5%
-3470.9%
Q3 25
-4134.4%
Q2 25
-5293.9%
Q1 25
-2351.9%
Q4 24
-4477.3%
Q3 24
-1698.7%
Q2 24
-2104.0%
Q1 24
-2616.7%
Net Margin
ABSI
ABSI
TMC
TMC
Q4 25
-4548.0%
-3136.5%
Q3 25
-13780.2%
Q2 25
-5155.0%
Q1 25
-2234.6%
Q4 24
-4358.3%
Q3 24
-1610.7%
Q2 24
-1948.8%
Q1 24
-2447.1%
EPS (diluted)
ABSI
ABSI
TMC
TMC
Q4 25
$-0.19
$0.11
Q3 25
$0.46
Q2 25
$-0.24
Q1 25
$-0.21
Q4 24
$-0.26
Q3 24
$-0.24
Q2 24
$-0.22
Q1 24
$-0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ABSI
ABSI
TMC
TMC
Cash + ST InvestmentsLiquidity on hand
$144.3M
$117.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$189.4M
$-33.4M
Total Assets
$216.3M
$181.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABSI
ABSI
TMC
TMC
Q4 25
$144.3M
$117.6M
Q3 25
$115.6M
Q2 25
$38.0M
Q1 25
$47.0M
Q4 24
$112.4M
Q3 24
$38.2M
Q2 24
$42.9M
Q1 24
$58.8M
Total Debt
ABSI
ABSI
TMC
TMC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$4.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABSI
ABSI
TMC
TMC
Q4 25
$189.4M
$-33.4M
Q3 25
$-40.6M
Q2 25
$173.4M
Q1 25
$198.8M
Q4 24
$179.1M
Q3 24
$201.3M
Q2 24
$221.5M
Q1 24
$240.1M
Total Assets
ABSI
ABSI
TMC
TMC
Q4 25
$216.3M
$181.6M
Q3 25
$175.6M
Q2 25
$209.9M
Q1 25
$232.4M
Q4 24
$213.6M
Q3 24
$235.2M
Q2 24
$255.5M
Q1 24
$274.9M
Debt / Equity
ABSI
ABSI
TMC
TMC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.02×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABSI
ABSI
TMC
TMC
Operating Cash FlowLast quarter
$-29.2M
$-11.4M
Free Cash FlowOCF − Capex
$-29.3M
$-11.5M
FCF MarginFCF / Revenue
-4505.4%
-889.8%
Capex IntensityCapex / Revenue
15.8%
8.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-85.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABSI
ABSI
TMC
TMC
Q4 25
$-29.2M
$-11.4M
Q3 25
$-11.5M
Q2 25
$-16.9M
Q1 25
$-21.8M
Q4 24
$-17.0M
Q3 24
$-20.7M
Q2 24
$-16.8M
Q1 24
$-17.9M
Free Cash Flow
ABSI
ABSI
TMC
TMC
Q4 25
$-29.3M
$-11.5M
Q3 25
$-11.5M
Q2 25
$-17.1M
Q1 25
$-21.9M
Q4 24
$-17.0M
Q3 24
$-20.8M
Q2 24
$-17.2M
Q1 24
FCF Margin
ABSI
ABSI
TMC
TMC
Q4 25
-4505.4%
-889.8%
Q3 25
-859.4%
Q2 25
-2883.0%
Q1 25
-1854.5%
Q4 24
-2554.4%
Q3 24
-1221.6%
Q2 24
-1352.4%
Q1 24
Capex Intensity
ABSI
ABSI
TMC
TMC
Q4 25
15.8%
8.2%
Q3 25
1.5%
Q2 25
37.6%
Q1 25
2.1%
Q4 24
3.5%
Q3 24
2.8%
Q2 24
26.2%
Q1 24
0.0%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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