Top Ships (TOPS) Interest Expenses (2009 - 2025)
Top Ships (TOPS) posted quarterly Interest Expenses of $1.9 million for Q4 2025, down 68.48% year-over-year from $6.0 million in Q4 2024, and down 67.06% quarter-over-quarter from $5.7 million in Q2 2025.
Top Ships (TOPS) Interest Expenses (2009 - 2025) Analysis & Trends
Top Ships' Interest Expenses history runs 16 years deep, the most recent figure standing at $1.9 million for Q4 2025.
- In Q4 2025, Interest Expenses fell 68.48% year-over-year to $1.9 million; the TTM figure through Dec 2025 stood at $1.9 million (down 68.48% YoY), while the FY2025 annual figure was $23.4 million, changed 0.38% from the prior year.
- Interest Expenses for Q4 2025 stood at $1.9 million, down from $5.7 million in the prior quarter.
- The five-year high for Interest Expenses was $120.4 million in Q2 2021, with the low at -$14365.0 in Q4 2022.
- The 5-year median for Interest Expenses is $5.9 million (2024), against an average of $20.5 million.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses tumbled 105.27% in 2022, then surged 29887.68% in 2023.
- Top Ships' Interest Expenses stood at -$6998.0 in 2021, then tumbled by 105.27% to -$14365.0 in 2022, then soared by 29887.68% to $4.3 million in 2023, then surged by 39.96% to $6.0 million in 2024, then sank by 68.48% to $1.9 million in 2025.
- Business Quant data shows TOPS's Interest Expenses at $1.9 million in Q4 2025, $5.7 million in Q2 2025, and $6.0 million in Q4 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 256.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 1.01 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 974.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 934.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 1.23 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 322.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 959.20 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 3.05 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - | 1.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.89 Mn |
| Dec 31, 2025 | 1.89 Mn |
| Jun 30, 2025 | 5.73 Mn |
| Jun 30, 2025 | 5.73 Mn |
| Dec 31, 2024 | 5.99 Mn |
| Dec 31, 2024 | 5.99 Mn |
| Jun 30, 2024 | 11.72 Mn |
| Jun 30, 2024 | 11.72 Mn |
| Dec 31, 2023 | 4.28 Mn |
| Dec 31, 2023 | 4.28 Mn |
| Jun 30, 2023 | 21.97 Mn |
| Jun 30, 2023 | 21.97 Mn |
| Dec 31, 2022 | -14,365.00 |
| Dec 31, 2022 | -14,365.00 |
| Jun 30, 2022 | 33.06 Mn |
| Jun 30, 2022 | 33.06 Mn |
| Dec 31, 2021 | -6,998.00 |
| Dec 31, 2021 | -6,998.00 |
| Jun 30, 2021 | 120.44 Mn |
| Jun 30, 2021 | 120.44 Mn |