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

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

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

Top Ships (TOPS) has reported Accumulated Expenses for 17 consecutive years, with $1.5 million the latest figure, recorded in Q4 2025.

  • Quarterly Accumulated Expenses fell 49.18% year-over-year to $1.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.5 million (down 49.18% YoY) and the FY2025 annual result came in at $1.5 million, down 49.18% from the prior year.
  • Accumulated Expenses fell to $1.5 million in Q4 2025 per TOPS's latest filing, from $3.1 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for TOPS reached as high as $3.5 million in Q2 2024 and fell as low as $1.1 million in Q4 2021.
  • A 5-year average of $2.2 million and a median of $2.1 million in 2022 frame the typical range for Accumulated Expenses.
  • Annual changes were most pronounced in 2022 — Accumulated Expenses jumped 80.0% — and 2025, when it plunged 49.18%.
  • Year by year, Accumulated Expenses stood at $1.1 million in 2021, then soared by 80.0% to $2.1 million in 2022, then climbed by 14.26% to $2.4 million in 2023, then rose by 27.09% to $3.0 million in 2024, then tumbled by 49.18% to $1.5 million in 2025.
  • According to Business Quant data, Accumulated Expenses over the past three periods registered $1.5 million, $3.1 million, and $3.0 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn
10 Top Ships 4.15 Mn 4.15 Mn -

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 1.20 Mn
Jun 30, 2017 2.58 Mn
Dec 31, 2016 2.97 Mn
Jun 30, 2016 5.80 Mn