Top Ships TOPS
NYSE TOPS
$0.62 -0.02 (-3.84%)
As of: Sep 29, 2026 · 3:58 PM EDT

Top Ships (TOPS) Operating Expenses (2009 - 2021)

Updated

Top Ships (TOPS) recorded Operating Expenses of $14.96 million in the year ended Dec 31, 2025, down 10.4% from $16.7 million a year earlier.

Analysis

Top Ships (TOPS) Operating Expenses (2009 - 2021) Analysis & Trends

Starting with the year ended Dec 31, 2009, Top Ships' Operating Expenses history includes 17 years.

  • Annual Operating Expenses has declined for three straight years, with a five-year compound annual growth rate of -6.6% (years ended Dec 2020 to Dec 2025).
  • The figure for the year ended Dec 31, 2025 is the lowest annual Operating Expenses since the year ended Dec 31, 2018.
  • Per Business Quant data, TOPS's Operating Expenses was $16.7 million in the year ended Dec 31, 2024 (-9.9%), $18.53 million in the year ended Dec 31, 2023 (-0.5%), $18.63 million in the year ended Dec 31, 2022 (+18.8%) and $15.68 million in the year ended Dec 31, 2021 (-25.4%).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Union Pacific 162.85 Bn 157.37 Bn - 4.10 Bn
2 Csx 86.62 Bn 82.84 Bn - 2.43 Bn
3 Canadian Pacific Kansas City 76.11 Bn 75.83 Bn - 1.95 Bn
4 United Parcel Service 70.66 Bn 47.58 Bn - 21.90 Bn
5 Norfolk Southern 70.32 Bn 64.96 Bn - 2.34 Bn
6 Fedex 68.53 Bn 34.48 Bn - 23.46 Bn
7 Delta Air Lines 55.25 Bn 37.43 Bn - 17.89 Bn
8 Old Dominion Freight Line 36.69 Bn 35.95 Bn - 1.09 Bn
9 Ryanair Holdings 28.78 Bn 12.78 Bn 3.13 Bn 4.43 Bn
10 Top Ships 1.17 Mn 1.17 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2021 10.84 Mn
Dec 31, 2020 755,000.00
Dec 31, 2019 7.05 Mn
Dec 31, 2014 623,000.00
Sep 30, 2014 490,000.00
Jun 30, 2014 229,840.00
Mar 31, 2014 344,160.00
Dec 31, 2013 689,000.00
Sep 30, 2013 15,000.00
Jun 30, 2013 2.68 Mn
Mar 31, 2013 2.45 Mn
Jun 30, 2011 12.26 Mn
Mar 31, 2011 12.23 Mn
Dec 31, 2010 3.64 Mn
Sep 30, 2010 3.11 Mn
Jun 30, 2010 2.86 Mn
Mar 31, 2010 13.14 Mn
Dec 31, 2009 2.41 Mn
Sep 30, 2009 3.17 Mn
Jun 30, 2009 9.51 Mn
API Access

Top Ships Operating Expenses API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=operating-expenses&ticker=TOPS&period=max&api_key=YOUR_API_KEY