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

Top Ships (TOPS) recorded quarterly Accumulated Expenses of $1.5 million in Q4 2025, down 51.2% quarter-over-quarter from $3.1 million in Q2 2025, and down 49.18% on a YoY basis from $3.0 million in Q4 2024.

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

Top Ships' Accumulated Expenses history runs 17 years deep, the most recent figure standing at $1.5 million for Q4 2025.

  • In Q4 2025, Accumulated Expenses fell 49.18% year-over-year to $1.5 million; the TTM figure through Dec 2025 stood at $1.5 million (down 49.18% YoY), while the FY2025 annual figure was $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.
  • In the past five years, Accumulated Expenses ranged from a high of $3.5 million in Q2 2024 to a low of $1.1 million in Q4 2021.
  • Historically, Accumulated Expenses has averaged $2.2 million across 5 years, with a median of $2.1 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Accumulated Expenses soared 80.0% in 2022, then sank 49.18% in 2025.
  • A 5-year view of Accumulated Expenses shows it stood at $1.1 million in 2021, then jumped by 80.0% to $2.1 million in 2022, then gained by 14.26% to $2.4 million in 2023, then grew by 27.09% to $3.0 million in 2024, then tumbled 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Top Ships 4.27 Mn -16.11 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 -319,000.00