TMC the metals Co Inc.
TMCNasdaq
$3.74
↓ -0.5%Jul 17 close · end-of-day
Price
1Y↓ -51.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.6B
Enterprise Value
$1.5B
P/E
4.6
P/S
—
P/B
—
EV/EBITDA
—
PEG
0.9
FCF Yield
-2.2%
Dividend Yield
—
Revenue (TTM)
—
Net Income (TTM)
-$319.9M
Free Cash Flow (TTM)
-$34.3M
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
1169.6%
ROIC
—
Debt / Equity
—
Net Cash
$119.7M
Return 1Y
-52.7%
Company profile
TMC the metals company Inc. focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in the Clarion Clipperton Zone (CCZ) in the south-west of San Diego, California. Company primarily explores for nickel, cobalt, copper, and manganese products.
- CEO
- Gerard Barron
- Sector
- Mining
- Industry
- Non-Metallic And Industrial Metal Mining
- Employees
- 30
- Headquarters
- British Columbia
- Website
- metals.co
Earnings
TMC Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$0.05↓ -16.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$56.6M | -$149.6M | -$174.1M | -$72.4M | -$81.3M | -$140.1M |
| Net income | -$56.6M | -$141.3M | -$171.0M | -$73.8M | -$81.9M | -$319.8M |
| Diluted EPS | $0.32 | $0.69 | $0.71 | $0.26 | $0.25 | $0.83 |
| Operating cash flow | -$26.5M | -$56.1M | -$66.6M | -$59.6M | -$43.5M | -$42.9M |
| Free cash flow | — | — | — | -$60.2M | -$44.0M | -$43.1M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $410,000.00 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$20.3M | -$20.0M | -$16.3M | -$18.0M | -$22.0M | -$55.4M | -$44.7M | -$34.0M |
| Net income | -$20.2M | -$20.5M | -$16.1M | -$20.6M | -$74.3M | -$184.5M | -$40.4M | -$20.6M |
| Diluted EPS | $0.06 | $0.06 | $0.05 | $0.06 | $0.20 | $0.46 | $0.11 | $0.05 |
| Operating cash flow | -$12.1M | -$5.8M | -$13.7M | -$9.3M | -$10.7M | -$11.5M | -$11.4M | -$615,000.00 |
| Free cash flow | -$12.2M | -$5.8M | -$13.8M | -$9.4M | -$10.7M | -$11.5M | -$11.5M | -$650,000.00 |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -4950.0% | — | — | — | — | — | — | — |
| Net margin | -4919.0% | — | — | — | — | — | — | — |
Company news
Jul 18, 2026
Jul 13, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.