TMC the metals (TMC) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$0.14
- EPS estimate
- −$0.06
- EPS surprise
- −121.17%
- Revenue surprise
- +0.00%
- Revenue
- $0.00
- Revenue estimate
- $0.00
- Reported
- Aug 13, 2026
TMC reported Q2 2026 results on August 13, 2026. The company posted a loss of $0.14 per share, wider than the $0.06 loss analysts expected, a miss of 121.17%. No revenue was reported and no revenue estimate was given. A year earlier, in Q2 2025, the loss was $0.20 per share, so the latest loss was about 30% narrower year over year.
The table shows a company without revenue that loses money nearly every quarter. Over the last 20 quarters, TMC reported a loss 19 times; the exception was Q1 2023, at breakeven. Annual losses were $0.67 per share in 2022, $0.20 in 2023, $0.25 in 2024 and $0.80 in 2025. Most quarterly losses fell between $0.04 and $0.20, with a few larger ones: $0.41 in Q4 2022 and $0.46 in Q3 2025, the widest in the table. Against estimates the record is mixed, with 8 beats, 10 misses and 2 quarters in line. The 2026 quarters so far show losses of $0.05 and $0.14.
TMC reported its third quarter between November 9 and November 15 in each of the past five years. That points to mid-November 2026 for the Q3 2026 report.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 13, 2026 | −$0.06 | −$0.14 | −121.17% | $0.00 | SEC |
| Q1 2026 | May 14, 2026 | −$0.05 | −$0.05 | +0.00% | $0.00 | SEC |
| Q4 2025 | Mar 27, 2026 | −$0.06 | −$0.08 | −45.45% | $0.00 | SEC |
| Q3 2025 | Nov 13, 2025 | −$0.06 | −$0.46 | −736.36% | $0.00 | SEC |
| Q2 2025 | Aug 14, 2025 | −$0.05 | −$0.20 | −287.60% | $0.00 | SEC |
| Q1 2025 | May 14, 2025 | −$0.04 | −$0.06 | −71.43% | $0.00 | SEC |
| Q4 2024 | Mar 27, 2025 | −$0.05 | −$0.05 | +1.77% | $0.00 | SEC |
| Q3 2024 | Nov 14, 2024 | −$0.06 | −$0.06 | +0.00% | $0.00 | SEC |
| Q2 2024 | Aug 14, 2024 | −$0.05 | −$0.06 | −20.00% | $0.00 | SEC |
| Q1 2024 | May 13, 2024 | −$0.05 | −$0.08 | −60.00% | $0.00 | SEC |
| Q4 2023 | Mar 25, 2024 | −$0.16 | −$0.11 | +31.25% | $0.00 | SEC |
| Q3 2023 | Nov 9, 2023 | −$0.11 | −$0.04 | +62.76% | $0.00 | SEC |
| Q2 2023 | Aug 14, 2023 | −$0.12 | −$0.05 | +58.33% | $0.00 | SEC |
| Q1 2023 | May 11, 2023 | −$0.06 | $0.00 | +100.00% | $0.00 | SEC |
| Q4 2022 | Mar 23, 2023 | −$0.08 | −$0.41 | −412.50% | $0.00 | SEC |
| Q3 2022 | Nov 14, 2022 | −$0.09 | −$0.12 | −33.33% | $0.00 | — |
| Q2 2022 | Aug 15, 2022 | −$0.11 | −$0.05 | +54.55% | $0.00 | — |
| Q1 2022 | May 9, 2022 | −$0.11 | −$0.09 | +18.18% | $0.00 | — |
| Q4 2021 | Mar 24, 2022 | −$0.10 | −$0.09 | +5.26% | $0.00 | — |
| Q3 2021 | Nov 15, 2021 | −$0.02 | −$0.18 | −800.00% | $0.00 | — |
Quarterly revenue
Frequently asked questions
When did TMC the metals (TMC) last report earnings?
TMC the metals last reported on Aug 13, 2026, covering fiscal Q2 2026.
Did TMC beat earnings estimates?
No. TMC the metals reported EPS of −$0.14 for Q2 2026 against a −$0.06 estimate — a 121.17% miss.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.
