Companies: 10,795·Total market cap: $144.5T
Top Ships Inc.

Top Ships Inc.

TOPSAMEXIndustrials● Active
$0.88
$-0.07(-7.27%)
Market Cap$4070017
P/E Ratio
52W High$9.74
52W Low$0.86

Top Ships Inc. (TOPS) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

TOPS · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $3.1M for FY2025 (fiscal year ending 2025-12-31), down 38.7% year-over-year. Net profit margin was 3.8%. Based on available data, Top Ships Inc. has been profitable since at least 2013.

FY2025 Net Income$3.1M▼ -38.7% YoY
Trailing 12M (TTM)$9.2Mtrailing 4 quarters sum
Net Profit Margin3.8%$3.1M ÷ $80.4M
YoY Change-38.7%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2013

▸ FMP /income-statement · Annual · TOPS net income history · TOPS profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$3.1M▼ 38.7%3.8%
FY2024$5.0M▼ 17.0%5.8%
FY2023$6.1M▼ 68.0%7.3%
FY2022$18.9M▲ +119.9%23.5%
FY2021$8.6M▲ +137.8%15.3%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
Top Ships Inc.
Top Ships Inc.YOU
TOPS
$3.1M-38.7%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#5
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%
#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$4.94B-724.1%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Top Ships Inc. (TOPS) reported net income of $3.1M for FY2025 (fiscal year ending 2025-12-31), down 38.7% year-over-year. The net profit margin was 3.8% — meaning the company kept $0.04 of every dollar of revenue as profit.

Based on available data, Top Ships Inc. has been profitable since at least 2013. Net income reached a peak of $18.9M in FY2022. Data available for 15 fiscal years.

Top Ships Inc.'s net profit margin was 3.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Top Ships Inc. net worth" — the company's market capitalization is a separate figure from TOPS net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

TOPS net income · 5 questions

Top Ships Inc. is profitable. The company reported net income of $3.1M for FY2025, a net profit margin of 3.8%. Net income was down 38.7% year-over-year. Based on available data, Top Ships Inc. has been profitable since at least 2013.

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Source: FMP /income-statement · GAAP · Top Ships Inc. · Top Ships Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026