Top Ships (TOPS) Operating Expenses (2009 - 2025)

Top Ships (TOPS) posted quarterly Operating Expenses of $13.7 million for Q2 2025, up 109509.06% on a QoQ basis from $12457.0 in Q4 2022.

Top Ships (TOPS) Operating Expenses (2009 - 2025) Analysis & Trends

Top Ships (TOPS) has reported Operating Expenses for 10 consecutive years, with $13.7 million the latest figure, recorded in Q2 2025.

  • Quarterly Operating Expenses changed N/A year-over-year to $13.7 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $13.7 million (up 109509.06% YoY) and the FY2025 annual result came in at $17.9 million, down 2.49% from the prior year.
  • Operating Expenses climbed to $13.7 million in Q2 2025 per TOPS's latest filing, from $12457.0 in the prior quarter.
  • Over the last five years, Operating Expenses for TOPS reached as high as $13.7 million in Q2 2025 and fell as low as $12457.0 in Q4 2022.
  • A 3-year average of $8.2 million and a median of $10.8 million in 2021 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2021 — Operating Expenses surged 1335.76% — and 2022, when it sank 99.89%.
  • Year by year, Operating Expenses stood at $10.8 million in 2021, then plunged by 99.89% to $12457.0 in 2022, then jumped by 109509.06% to $13.7 million in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods registered $13.7 million, $12457.0, and $10.8 million for Q2 2025, Q4 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 78.81 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -21.81 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 3.13 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 13.95 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 12.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 915.00 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 24.79 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 333.70 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 7.00 Mn
10 Top Ships 4.15 Mn 4.15 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2025 13.65 Mn
Dec 31, 2022 12,457.00
Dec 31, 2021 10.84 Mn
Dec 31, 2020 755,000.00
Dec 31, 2019 7.05 Mn
Dec 31, 2014 857,000.00
Sep 30, 2014 943,000.00
Jun 30, 2014 191,000.00
Mar 31, 2014 354,000.00
Dec 31, 2013 1.63 Mn
Sep 30, 2013 546,000.00
Jun 30, 2013 654,000.00
Mar 31, 2013 441,000.00
Jun 30, 2011 4.36 Mn
Mar 31, 2011 4.32 Mn
Dec 31, 2010 5.49 Mn
Sep 30, 2010 4.75 Bn
Jun 30, 2010 4.38 Mn
Mar 31, 2010 4.99 Mn
Dec 31, 2009 -10.81 Bn