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
Download Data
Historic 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 | 1.99 Mn |
| Jun 30, 2017 | 2.58 Mn |
| Dec 31, 2016 | 2.97 Mn |
| Jun 30, 2016 | 5.80 Mn |