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| Date | Value |
|---|---|
| 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 |