Top Ships (TOPS) Receivables (2009 - 2025)

Top Ships (TOPS) posted quarterly Receivables of $2.1 million for Q4 2025, up 92.54% year-on-year from $1.1 million in Q4 2024, and down 17.58% on a QoQ basis from $2.6 million in Q2 2025.

Top Ships (TOPS) Receivables (2009 - 2025) Analysis & Trends

Top Ships (TOPS) has reported Receivables for 16 consecutive years, with $2.1 million the latest figure, recorded in Q4 2025.

  • Quarterly Receivables rose 92.54% year-over-year to $2.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.1 million (up 92.54% YoY) and the FY2025 annual result came in at $2.1 million, up 92.54% from the prior year.
  • Receivables fell to $2.1 million in Q4 2025 per TOPS's latest filing, from $2.6 million in the prior quarter.
  • Over the last five years, Receivables for TOPS reached as high as $2.6 million in Q2 2025 and fell as low as -$4.5 million in Q2 2021.
  • A 5-year average of $476600.0 and a median of $645500.0 in 2023 frame the typical range for Receivables.
  • Annual changes were most pronounced in 2021 — Receivables plunged 981.94% — and 2023, when it soared 8262.5%.
  • Year by year, Receivables stood at $108000.0 in 2021, then slumped by 92.59% to $8000.0 in 2022, then surged by 8262.5% to $669000.0 in 2023, then surged by 66.37% to $1.1 million in 2024, then surged by 92.54% to $2.1 million in 2025.
  • According to Business Quant data, Receivables over the past three periods registered $2.1 million, $2.6 million, and $1.1 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 85.29 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.56 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 7.69 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 8.34 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 2.16 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 15.73 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 1.69 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 3.67 Bn
10 Top Ships 4.15 Mn 4.15 Mn - 2.14 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 2.14 Mn
Jun 30, 2025 2.60 Mn
Dec 31, 2024 1.11 Mn
Jun 30, 2024 1.75 Mn
Dec 31, 2023 669,000.00
Jun 30, 2023 622,000.00
Dec 31, 2022 8,000.00
Jun 30, 2022 293,000.00
Dec 31, 2021 108,000.00
Jun 30, 2021 -4.54 Mn
Dec 31, 2020 29,000.00
Jun 30, 2020 515,000.00
Dec 31, 2019 642,000.00
Jun 30, 2019 1.06 Mn
Dec 31, 2018 890,000.00
Jun 30, 2018 638,000.00
Dec 31, 2017 773,000.00
Jun 30, 2017 2.47 Mn
Dec 31, 2016 135,000.00
Jun 30, 2016 455,000.00