Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Top Ships (TOPS) Accumulated Expenses (2009 - 2025)

Top Ships (TOPS) posted Accumulated Expenses of $1.5 million for Q4 2025, down 51.2% on a QoQ basis from $3.1 million in Q2 2025, and down 49.18% year-over-year from $3.0 million in Q4 2024.

Analysis

Top Ships (TOPS) Accumulated Expenses (2009 - 2025) Analysis & Trends

Top Ships has reported Accumulated Expenses for 17 years, with the latest figure at $1.5 million in Q4 2025.

  • On a quarterly basis, Accumulated Expenses fell 49.18% year-over-year to $1.5 million in Q4 2025; TTM through Dec 2025 was $1.5 million, a 49.18% decrease from a year earlier, with the FY2025 full-year figure at $1.5 million, down 49.18% from the prior year.
  • Accumulated Expenses was $1.5 million for Q4 2025 at Top Ships, down from $3.1 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $3.5 million in Q2 2024, with the low at $1.1 million in Q4 2021.
  • Average Accumulated Expenses over 5 years is $2.2 million, with a median of $2.1 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2025: Accumulated Expenses jumped 80.0% in 2022, then plunged 49.18% in 2025.
  • Over 5 years, Accumulated Expenses stood at $1.1 million in 2021, then surged by 80.0% to $2.1 million in 2022, then advanced by 14.26% to $2.4 million in 2023, then increased by 27.09% to $3.0 million in 2024, then slumped by 49.18% to $1.5 million in 2025.
  • The last three Accumulated Expenses figures came in at $1.5 million (Q4 2025), $3.1 million (Q2 2025), and $3.0 million (Q4 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Frontline 10.27 Bn 9.94 Bn -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn
3 Matson 6.74 Bn 6.62 Bn -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn
10 Top Ships 1.31 Mn 1.31 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 1.52 Mn
Jun 30, 2025 3.12 Mn
Dec 31, 2024 2.99 Mn
Jun 30, 2024 3.49 Mn
Dec 31, 2023 2.36 Mn
Jun 30, 2023 2.08 Mn
Dec 31, 2022 2.06 Mn
Jun 30, 2022 1.74 Mn
Dec 31, 2021 1.15 Mn
Jun 30, 2021 1.38 Mn
Dec 31, 2020 959,000.00
Jun 30, 2020 2.54 Mn
Dec 31, 2019 4.03 Mn
Jun 30, 2019 4.13 Mn
Dec 31, 2018 2.96 Mn
Jun 30, 2018 2.39 Mn
Dec 31, 2017 1.99 Mn
Jun 30, 2017 2.58 Mn
Dec 31, 2016 2.97 Mn
Jun 30, 2016 5.80 Mn