Top Ships (TOPS) Current Deferred Revenue (2009 - 2025)
Top Ships (TOPS) posted quarterly Current Deferred Revenue of $3.2 million for Q4 2025, down 51.47% year-on-year from $6.7 million in Q4 2024, and down 58.88% on a QoQ basis from $7.8 million in Q2 2025.
Top Ships (TOPS) Current Deferred Revenue (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Current Deferred Revenue for 14 consecutive years, with $3.2 million the latest figure, recorded in Q4 2025.
- Quarterly Current Deferred Revenue fell 51.47% year-over-year to $3.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.2 million (down 51.47% YoY) and the FY2025 annual result came in at $3.2 million, down 51.47% from the prior year.
- Current Deferred Revenue slipped to $3.2 million in Q4 2025 per TOPS's latest filing, from $7.8 million in the prior quarter.
- Over the last five years, Current Deferred Revenue for TOPS reached as high as $7.8 million in Q2 2025 and fell as low as $3.2 million in Q4 2025.
- A 5-year average of $5.7 million and a median of $6.5 million in 2023 frame the typical range for Current Deferred Revenue.
- Annual changes were most pronounced in 2021 — Current Deferred Revenue soared 643.18% — and 2025, when it tumbled 51.47%.
- Year by year, Current Deferred Revenue stood at $3.7 million in 2021, then surged by 92.18% to $7.0 million in 2022, then retreated by 5.9% to $6.6 million in 2023, then gained by 0.56% to $6.7 million in 2024, then tumbled by 51.47% to $3.2 million in 2025.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $3.2 million, $7.8 million, and $6.7 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
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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 | 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, 2012 | 2.66 Mn |