Top Ships (TOPS) Revenue & Revenue Breakdown


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Top Ships Revenue Highlights


Latest Revenue (Y)

$82.95M

Latest Revenue (Q)

$41.80M

Main Segment (Y)

Time Charter Contracts

Main Geography (Y)

Time Charter Contracts

Top Ships Revenue by Period


Top Ships Revenue by Year

DateRevenueChange
2023-12-31$82.95M2.84%
2022-12-31$80.66M43.09%
2021-12-31$56.37M-6.40%
2020-12-31$60.22M-8.88%
2019-12-31$66.09M61.00%
2018-12-31$41.05M4.28%
2017-12-31$39.36M38.44%
2016-12-31$28.43M117.46%
2015-12-31$13.07M262.99%
2014-12-31$3.60M-82.06%
2013-12-31$20.07M-36.13%
2012-12-31$31.43M-24.62%
2011-12-31$41.69M-54.12%
2010-12-31$90.88M-15.84%
2009-12-31$107.98M-58.05%
2008-12-31$257.38M2.03%
2007-12-31$252.26M-18.64%
2006-12-31$310.04M26.95%
2005-12-31$244.22M160.28%
2004-12-31$93.83M306.45%
2003-12-31$23.09M102.04%
2002-12-31$11.43M-14.37%
2001-12-31$13.34M-

Top Ships generated $82.95M in revenue during NA 2023, up 2.84% compared to the previous quarter, and up 202.08% compared to the same period a year ago.

Top Ships Revenue by Quarter

DateRevenueChange
2023-12-31$41.80M100.00%
2023-09-30$20.90M-49.20%
2023-06-30$41.15M100.00%
2023-03-31$20.57M-50.80%
2022-12-31$41.81M100.00%
2022-09-30$20.91M-46.18%
2022-06-30$38.85M100.00%
2022-03-31$19.42M-37.46%
2021-12-31$31.06M100.00%
2021-09-30$15.53M-38.65%
2021-06-30$25.31M100.00%
2021-03-31$12.65M-54.20%
2020-12-31$27.63M100.00%
2020-09-30$13.81M-57.62%
2020-06-30$32.59M100.00%
2020-03-31$16.30M-55.11%
2019-12-31$36.30M100.00%
2019-09-30$18.15M-39.06%
2019-06-30$29.79M100.00%
2019-03-31$14.89M39.41%
2018-12-31$10.68M-
2018-09-30$10.68M8.55%
2018-06-30$9.84M-
2018-03-31$9.84M-3.42%
2017-12-31$10.19M-
2017-09-30$10.19M7.37%
2017-06-30$9.49M-
2017-03-31$9.49M12.95%
2016-12-31$8.40M-
2016-09-30$8.40M100.00%
2016-06-30--100.00%
2016-03-31$5.81M100.00%
2015-12-31--100.00%
2014-12-31$1.50M1.01%
2014-09-30$1.48M772.94%
2014-06-30$170.00K-57.50%
2014-03-31$400.00K-156.42%
2013-12-31$-709.00K-110.83%
2013-09-30$6.55M-3.21%
2013-06-30$6.76M100.00%
2012-12-31--100.00%
2011-06-30$22.02M-1.70%
2011-03-31$22.41M-0.87%
2010-12-31$22.60M-3.11%
2010-09-30$23.33M6.99%
2010-06-30$21.80M-5.78%
2010-03-31$23.14M-5.15%
2009-12-31$24.40M-3.01%
2009-09-30$25.15M-12.16%
2009-06-30$28.64M-3.88%
2009-03-31$29.79M-19.40%
2008-12-31$36.96M-48.01%
2008-09-30$71.09M-7.29%
2008-06-30$76.69M5.58%
2008-03-31$72.64M40.26%
2007-12-31$51.79M1.16%
2007-09-30$51.19M-32.00%
2007-06-30$75.29M1.76%
2007-03-31$73.99M9.14%
2006-12-31$67.79M-4.04%
2006-09-30$70.65M1.13%
2006-06-30$69.86M-31.34%
2006-03-31$101.75M12.31%
2005-12-31$90.59M81.17%
2005-09-30$50.00M-11.23%
2005-06-30$56.33M19.11%
2005-03-31$47.29M-1.02%
2004-12-31$47.78M149.33%
2004-09-30$19.16M9.95%
2004-06-30$17.43M125.52%
2004-03-31$7.73M44.15%
2003-03-31$5.36M-

Top Ships generated $41.80M in revenue during Q4 2023, up 100.00% compared to the previous quarter, and up 199.97% compared to the same period a year ago.

Top Ships Revenue Breakdown


Top Ships Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21Dec 20Dec 19
Time Charter - Related Parties--$1.31M
Time Charter Contracts$56.37M$60.22M$61.70M
Voyage Charter--$3.08M

Top Ships's latest annual revenue breakdown by segment (product or service), as of Dec 21: Time Charter Contracts (100.00%).

Quarterly Revenue by Product

Product/ServiceDec 19Jun 19
Time Charter - Related Parties-$1.31M
Voyage Charter-$3.14M
Time Charter Contracts$36.36M$25.34M

Top Ships's latest quarterly revenue breakdown by segment (product or service), as of Dec 19: Time Charter Contracts (100.00%).

Top Ships Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21Dec 20Dec 19
Time Charter - Related Parties--$1.31M
Voyage Charter--$3.08M
Time Charter Contracts$56.37M$60.22M$61.70M

Top Ships's latest annual revenue breakdown by geography, as of Dec 21: Time Charter Contracts (100.00%).

Quarterly Revenue by Country

CountryJun 19
Voyage Charter$3.14M
Time Charter Contracts$25.34M
Time Charter - Related Parties$1.31M

Top Ships's latest quarterly revenue breakdown by geography, as of Jun 19: Time Charter Contracts (85.07%), Voyage Charter (10.53%), and Time Charter - Related Parties (4.40%).

Top Ships Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CLCOCool Company$393.32M$81.30M
KNOPKNOT Offshore Partners LP$290.72M$76.63M
SBSafe Bulkers$284.40M$81.67M
DSXDiana Shipping$262.10M$57.65M
ESEAEuroseas$189.36M$46.72M
SHIPSeanergy Maritime$110.23M$38.29M
PSHGPerformance Shipping$108.94M$22.37M
CTRMCastor Maritime$97.52M$20.39M
TOROToro$84.83M$7.60M
PXSPyxis Tankers$45.47M$11.80M
USEAUnited Maritime$36.07M$10.60M
GLBSGlobus Maritime$31.20M$7.71M

TOPS Revenue FAQ


What is Top Ships’s yearly revenue?

Top Ships's yearly revenue for 2023 was $82.95M, representing an increase of 2.84% compared to 2022. The company's yearly revenue for 2022 was $80.66M, representing an increase of 43.09% compared to 2021. TOPS's yearly revenue for 2021 was $56.37M, representing a decrease of -6.40% compared to 2020.

What is Top Ships’s quarterly revenue?

Top Ships's quarterly revenue for Q4 2023 was $41.8M, a 100.00% increase from the previous quarter (Q3 2023), and a -0.01% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $20.9M, a -49.20% decrease from the previous quarter (Q2 2023), and a -0.01% decrease year-over-year (Q3 2022). TOPS's quarterly revenue for Q2 2023 was $41.14M, a 100.00% increase from the previous quarter (Q1 2023), and a 5.92% increase year-over-year (Q2 2022).

What is Top Ships’s revenue growth rate?

Top Ships's revenue growth rate for the last 3 years (2021-2023) was 47.16%, and for the last 5 years (2019-2023) was 25.51%.

What are Top Ships’s revenue streams?

Top Ships's revenue streams in c 21 are Time Charter Contracts

What is Top Ships’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Top Ships was Time Charter Contracts. This segment made a revenue of $56.37M, representing 100.00% of the company's total revenue.