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Side-by-side financial comparison of CROWN CRAFTS INC (CRWS) and TOP SHIPS INC. (TOPS). Click either name above to swap in a different company.

TOP SHIPS INC. is the larger business by last-quarter revenue ($36.6M vs $20.7M, roughly 1.8× CROWN CRAFTS INC). CROWN CRAFTS INC runs the higher net margin — 7.3% vs -12.2%, a 19.5% gap on every dollar of revenue.

Crown Crafts is a publicly held American company headquartered in Gonzales, Louisiana. The company designs, markets and distributes infant, toddler and juvenile consumer products. Its stock is traded on the NASDAQ Capital Market under the ticker symbol "CRWS".

Top Ships Inc. is a supply chain maritime transportation operations management company responsible for seaborne trade of raw materials. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

CRWS vs TOPS — Head-to-Head

Bigger by revenue
TOPS
TOPS
1.8× larger
TOPS
$36.6M
$20.7M
CRWS
Higher net margin
CRWS
CRWS
19.5% more per $
CRWS
7.3%
-12.2%
TOPS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CRWS
CRWS
TOPS
TOPS
Revenue
$20.7M
$36.6M
Net Profit
$1.5M
$-4.5M
Gross Margin
23.5%
Operating Margin
-0.5%
22.0%
Net Margin
7.3%
-12.2%
Revenue YoY
-11.3%
Net Profit YoY
69.1%
EPS (diluted)
$-0.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CRWS
CRWS
TOPS
TOPS
Q4 25
$20.7M
$36.6M
Q3 25
$23.7M
Q2 25
$15.5M
Q1 25
$23.2M
Q4 24
$23.4M
Q3 24
$24.5M
Q2 24
$16.2M
Q4 23
$23.8M
Net Profit
CRWS
CRWS
TOPS
TOPS
Q4 25
$1.5M
$-4.5M
Q3 25
$1.2M
Q2 25
$-1.1M
Q1 25
$-10.8M
Q4 24
$893.0K
Q3 24
$860.0K
Q2 24
$-322.0K
Q4 23
$1.7M
Gross Margin
CRWS
CRWS
TOPS
TOPS
Q4 25
23.5%
Q3 25
27.7%
Q2 25
22.7%
Q1 25
18.3%
Q4 24
26.1%
Q3 24
28.4%
Q2 24
24.5%
Q4 23
27.0%
Operating Margin
CRWS
CRWS
TOPS
TOPS
Q4 25
-0.5%
22.0%
Q3 25
7.9%
Q2 25
-7.7%
Q1 25
-60.7%
Q4 24
7.3%
Q3 24
6.2%
Q2 24
-1.8%
Q4 23
9.8%
Net Margin
CRWS
CRWS
TOPS
TOPS
Q4 25
7.3%
-12.2%
Q3 25
4.9%
Q2 25
-7.1%
Q1 25
-46.4%
Q4 24
3.8%
Q3 24
3.5%
Q2 24
-2.0%
Q4 23
7.2%
EPS (diluted)
CRWS
CRWS
TOPS
TOPS
Q4 25
$-0.96
Q3 25
Q2 25
$-0.10
Q1 25
Q4 24
Q3 24
Q2 24
$-0.03
Q4 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CRWS
CRWS
TOPS
TOPS
Cash + ST InvestmentsLiquidity on hand
$2.4M
$20.4M
Total DebtLower is stronger
$216.6M
Stockholders' EquityBook value
$39.2M
$89.2M
Total Assets
$76.1M
$333.6M
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRWS
CRWS
TOPS
TOPS
Q4 25
$2.4M
$20.4M
Q3 25
$810.0K
Q2 25
$227.0K
Q1 25
$521.0K
Q4 24
$1.1M
Q3 24
$2.0M
Q2 24
$1.1M
Q4 23
$683.0K
Total Debt
CRWS
CRWS
TOPS
TOPS
Q4 25
$216.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q4 23
Stockholders' Equity
CRWS
CRWS
TOPS
TOPS
Q4 25
$39.2M
$89.2M
Q3 25
$38.4M
Q2 25
$37.9M
Q1 25
$39.6M
Q4 24
$51.1M
Q3 24
$50.8M
Q2 24
$50.7M
Q4 23
$51.2M
Total Assets
CRWS
CRWS
TOPS
TOPS
Q4 25
$76.1M
$333.6M
Q3 25
$77.5M
Q2 25
$76.0M
Q1 25
$81.2M
Q4 24
$98.7M
Q3 24
$99.3M
Q2 24
$76.4M
Q4 23
$89.3M
Debt / Equity
CRWS
CRWS
TOPS
TOPS
Q4 25
2.43×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q4 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CRWS
CRWS
TOPS
TOPS
Operating Cash FlowLast quarter
$2.7M
$26.4M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
11.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
1.78×
TTM Free Cash FlowTrailing 4 quarters
$9.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRWS
CRWS
TOPS
TOPS
Q4 25
$2.7M
$26.4M
Q3 25
$-845.0K
Q2 25
$5.2M
Q1 25
$2.8M
Q4 24
$-36.0K
Q3 24
$-983.0K
Q2 24
$8.0M
Q4 23
$-2.2M
Free Cash Flow
CRWS
CRWS
TOPS
TOPS
Q4 25
$2.3M
Q3 25
$-1.0M
Q2 25
$5.2M
Q1 25
$2.6M
Q4 24
$-220.0K
Q3 24
$-1.2M
Q2 24
$7.7M
Q4 23
$-2.6M
FCF Margin
CRWS
CRWS
TOPS
TOPS
Q4 25
11.3%
Q3 25
-4.3%
Q2 25
33.4%
Q1 25
11.3%
Q4 24
-0.9%
Q3 24
-4.8%
Q2 24
47.7%
Q4 23
-10.7%
Capex Intensity
CRWS
CRWS
TOPS
TOPS
Q4 25
1.7%
Q3 25
0.7%
Q2 25
0.6%
Q1 25
0.9%
Q4 24
0.8%
Q3 24
0.8%
Q2 24
1.8%
Q4 23
1.3%
Cash Conversion
CRWS
CRWS
TOPS
TOPS
Q4 25
1.78×
Q3 25
-0.73×
Q2 25
Q1 25
Q4 24
-0.04×
Q3 24
-1.14×
Q2 24
Q4 23
-1.32×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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