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| Date | Value |
|---|---|
| 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 |