Q2 FY2026 EarningsQ2 FY2026 results missed consensus estimates significantly due to high one-time costs and operational expansion. Net loss reached $60.1M ($0.14 per share) vs. the expected $26.6M loss ($0.06 per share), driven by a $37.2M settlement with Allseas and increased prefeasibility costs. While liquidity remains stable at $143M, cash used in operations of $20.1M was double the expected $9.8M, though the company maintains a 12-month runway without immediate capital market needs.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: TMC the Metals(TMC) the EBIT is -71.72 M (-226.4%), Miss estimate;the EPS is -0.14 (+30%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
Revenue
TBA--
0.00B--
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EBITMiss expectations
-0.07B226.36%
-0.03B18.95%
-0.05B207.41%
EPSMiss expectations
-0.1430.00%
-0.063368.34%
-0.076738.34%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf