Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Top Ships (TOPS) posted Operating Expenses of $10.8 million for Q4 2021, up 1335.76% on a QoQ basis from $755000.0 in Q4 2020, and up 1335.76% year-over-year from $755000.0 in Q4 2020.

Analysis

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

Top Ships has reported Operating Expenses for 8 years, with the latest figure at $10.8 million in Q4 2021.

  • On a quarterly basis, Operating Expenses rose 1335.76% year-over-year to $10.8 million in Q4 2021; TTM through Dec 2021 was $19.9 million, a 92.36% increase from a year earlier, with the FY2025 full-year figure at $30.2 million, down 4.8% from the prior year.
  • Operating Expenses was $10.8 million for Q4 2021 at Top Ships, up from $755000.0 in the prior quarter.
  • The five-year high for Operating Expenses was $10.8 million in Q4 2021, with the low at $755000.0 in Q4 2020.
  • Average Operating Expenses over 3 years is $6.2 million, with a median of $7.1 million recorded in 2019.
  • The sharpest annual moves came in 2020 and 2021: Operating Expenses tumbled 89.3% in 2020, then surged 1335.76% in 2021.
  • Over 3 years, Operating Expenses stood at $7.1 million in 2019, then tumbled by 89.3% to $755000.0 in 2020, then soared by 1335.76% to $10.8 million in 2021.
  • The last three Operating Expenses figures came in at $10.8 million (Q4 2021), $755000.0 (Q4 2020), and $7.1 million (Q4 2019), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 347.18 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 800.04 Mn
3 Matson 6.74 Bn 6.62 Bn - 810.50 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 168.38 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn -47.20 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -783.93 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn -10.41 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 202.38 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn -72.60 Mn
10 Top Ships 1.31 Mn 1.31 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 1.22 Mn
Sep 30, 2014 1.30 Mn
Jun 30, 2014 229,840.00
Mar 31, 2014 354,160.00
Dec 31, 2013 1.99 Mn
Sep 30, 2013 2.57 Mn
Jun 30, 2013 2.68 Mn
Mar 31, 2013 2.46 Mn
Jun 30, 2011 11.79 Mn
Mar 31, 2011 11.76 Mn
Dec 31, 2010 13.40 Mn
Sep 30, 2010 12.90 Mn
Jun 30, 2010 12.54 Mn
Mar 31, 2010 13.14 Mn
Dec 31, 2009 16.58 Mn
Sep 30, 2009 14.59 Mn
Jun 30, 2009 12.80 Mn