Top Ships (TOPS) Payables (2009 - 2025)

Top Ships' Payables history runs 17 years deep, the most recent figure standing at $3.3 million for Q4 2025.

• In Q4 2025, Payables rose 83.53% year-over-year to $3.3 million; the TTM figure through Dec 2025 stood at $3.3 million (up 83.53% YoY), while the FY2025 annual figure was $3.3 million, up 83.53% from the prior year.
• Payables was $3.3 million for Q4 2025 at Top Ships, down from $4.9 million in the prior quarter.
• In the past five years, Payables ranged from a high of $55.5 million in Q4 2021 to a low of $1.3 million in Q2 2024.
• Historically, Payables has averaged $9.6 million across 5 years, with a median of $2.1 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Payables surged 2082.0% in 2021, then slumped 96.48% in 2022.
• A 5-year view of Payables shows it stood at $55.5 million in 2021, then plunged by 96.48% to $2.0 million in 2022, then tumbled by 30.57% to $1.4 million in 2023, then jumped by 34.29% to $1.8 million in 2024, then surged by 83.53% to $3.3 million in 2025.
• The last three Payables figures came in at $3.3 million (Q4 2025), $4.9 million (Q2 2025), and $1.8 million (Q4 2024), per Business Quant data.