Top Ships (TOPS) Current Deferred Revenue (2009 - 2025)
Top Ships (TOPS) recorded quarterly Current Deferred Revenue of $3.2 million in Q4 2025, down 58.88% quarter-over-quarter from $7.8 million in Q2 2025, and down 51.47% on a YoY basis from $6.7 million in Q4 2024.
Top Ships (TOPS) Current Deferred Revenue (2009 - 2025) Analysis & Trends
Top Ships' Current Deferred Revenue history runs 15 years deep, the most recent figure standing at $3.2 million for Q4 2025.
- In Q4 2025, Current Deferred Revenue fell 51.47% year-over-year to $3.2 million; the TTM figure through Dec 2025 stood at $3.2 million (down 51.47% YoY), while the FY2025 annual figure was $3.2 million, down 51.47% from the prior year.
- Current Deferred Revenue was $3.2 million for Q4 2025 at Top Ships, down from $7.8 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $7.8 million in Q2 2025 to a low of $3.2 million in Q4 2025.
- Historically, Current Deferred Revenue has averaged $5.7 million across 5 years, with a median of $6.5 million in 2023.
- The sharpest annual moves came in 2021 and 2025: Current Deferred Revenue surged 643.18% in 2021, then plunged 51.47% in 2025.
- A 5-year view of Current Deferred Revenue shows it stood at $3.7 million in 2021, then soared by 92.18% to $7.0 million in 2022, then declined by 5.9% to $6.6 million in 2023, then increased by 0.56% to $6.7 million in 2024, then tumbled by 51.47% to $3.2 million in 2025.
- The last three Current Deferred Revenue figures came in at $3.2 million (Q4 2025), $7.8 million (Q2 2025), and $6.7 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| Date | Value |
|---|---|
| Dec 31, 2025 | 3.23 Mn |
| Jun 30, 2025 | 7.85 Mn |
| Dec 31, 2024 | 6.65 Mn |
| Jun 30, 2024 | 6.75 Mn |
| Dec 31, 2023 | 6.62 Mn |
| Jun 30, 2023 | 6.29 Mn |
| Dec 31, 2022 | 7.03 Mn |
| Jun 30, 2022 | 4.92 Mn |
| Dec 31, 2021 | 3.66 Mn |
| Jun 30, 2021 | 3.98 Mn |
| Dec 31, 2020 | 2.07 Mn |
| Jun 30, 2020 | 535,000.00 |
| Dec 31, 2019 | 3.34 Mn |
| Jun 30, 2019 | 4.18 Mn |
| Jun 30, 2018 | 521,000.00 |
| Dec 31, 2017 | 986,000.00 |
| Jun 30, 2017 | 852,000.00 |
| Dec 31, 2016 | 1.98 Mn |
| Jun 30, 2016 | 1.52 Mn |
| Dec 31, 2013 | -548,000.00 |