vs

Side-by-side financial comparison of OPTICAL CABLE CORP (OCC) 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 $19.8M, roughly 1.8× OPTICAL CABLE CORP). OPTICAL CABLE CORP runs the higher net margin — 0.2% vs -12.2%, a 12.5% gap on every dollar of revenue.

Optical Cable Corporation, headquartered in Roanoke, Virginia, manufactures fiber optical cable. The company's cable is largely used for telecommunications and is sold both in the US and seventy other countries worldwide. OCC also manufactures military land tactical fiber optic cable for the U.S. military.

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.

OCC vs TOPS — Head-to-Head

Bigger by revenue
TOPS
TOPS
1.8× larger
TOPS
$36.6M
$19.8M
OCC
Higher net margin
OCC
OCC
12.5% more per $
OCC
0.2%
-12.2%
TOPS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OCC
OCC
TOPS
TOPS
Revenue
$19.8M
$36.6M
Net Profit
$48.6K
$-4.5M
Gross Margin
31.9%
Operating Margin
1.4%
22.0%
Net Margin
0.2%
-12.2%
Revenue YoY
1.8%
Net Profit YoY
-87.0%
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
OCC
OCC
TOPS
TOPS
Q4 25
$19.8M
$36.6M
Q3 25
$19.9M
Q2 25
$17.5M
Q1 25
$15.7M
Q4 24
$19.5M
Q3 24
$16.2M
Q2 24
$16.1M
Q1 24
$14.9M
Net Profit
OCC
OCC
TOPS
TOPS
Q4 25
$48.6K
$-4.5M
Q3 25
$301.9K
Q2 25
$-697.9K
Q1 25
$-1.1M
Q4 24
$373.5K
Q3 24
$-1.6M
Q2 24
$-1.6M
Q1 24
$-1.4M
Gross Margin
OCC
OCC
TOPS
TOPS
Q4 25
31.9%
Q3 25
31.7%
Q2 25
30.4%
Q1 25
29.4%
Q4 24
33.5%
Q3 24
24.2%
Q2 24
25.1%
Q1 24
25.0%
Operating Margin
OCC
OCC
TOPS
TOPS
Q4 25
1.4%
22.0%
Q3 25
2.8%
Q2 25
-2.4%
Q1 25
-5.4%
Q4 24
3.4%
Q3 24
-8.2%
Q2 24
-8.1%
Q1 24
-9.4%
Net Margin
OCC
OCC
TOPS
TOPS
Q4 25
0.2%
-12.2%
Q3 25
1.5%
Q2 25
-4.0%
Q1 25
-7.0%
Q4 24
1.9%
Q3 24
-9.6%
Q2 24
-9.9%
Q1 24
-9.6%
EPS (diluted)
OCC
OCC
TOPS
TOPS
Q4 25
$-0.96
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-0.18

Balance Sheet & Financial Strength

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

Metric
OCC
OCC
TOPS
TOPS
Cash + ST InvestmentsLiquidity on hand
$237.5K
$20.4M
Total DebtLower is stronger
$216.6M
Stockholders' EquityBook value
$16.5M
$89.2M
Total Assets
$40.1M
$333.6M
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OCC
OCC
TOPS
TOPS
Q4 25
$237.5K
$20.4M
Q3 25
$421.4K
Q2 25
$894.3K
Q1 25
$128.3K
Q4 24
$244.2K
Q3 24
$796.7K
Q2 24
$1.1M
Q1 24
$221.0K
Total Debt
OCC
OCC
TOPS
TOPS
Q4 25
$216.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
OCC
OCC
TOPS
TOPS
Q4 25
$16.5M
$89.2M
Q3 25
$18.2M
Q2 25
$19.1M
Q1 25
$19.7M
Q4 24
$20.8M
Q3 24
$20.4M
Q2 24
$21.8M
Q1 24
$23.3M
Total Assets
OCC
OCC
TOPS
TOPS
Q4 25
$40.1M
$333.6M
Q3 25
$40.2M
Q2 25
$39.1M
Q1 25
$37.8M
Q4 24
$40.4M
Q3 24
$37.6M
Q2 24
$39.9M
Q1 24
$40.5M
Debt / Equity
OCC
OCC
TOPS
TOPS
Q4 25
2.43×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
OCC
OCC
TOPS
TOPS
Operating Cash FlowLast quarter
$797.3K
$26.4M
Free Cash FlowOCF − Capex
$718.8K
FCF MarginFCF / Revenue
3.6%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
16.40×
TTM Free Cash FlowTrailing 4 quarters
$1.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OCC
OCC
TOPS
TOPS
Q4 25
$797.3K
$26.4M
Q3 25
$-2.2M
Q2 25
$141.4K
Q1 25
$2.7M
Q4 24
$-1.5M
Q3 24
$552.4K
Q2 24
$373.7K
Q1 24
$-261.1K
Free Cash Flow
OCC
OCC
TOPS
TOPS
Q4 25
$718.8K
Q3 25
$-2.3M
Q2 25
$73.4K
Q1 25
$2.6M
Q4 24
$-1.6M
Q3 24
$475.2K
Q2 24
$218.2K
Q1 24
$-341.5K
FCF Margin
OCC
OCC
TOPS
TOPS
Q4 25
3.6%
Q3 25
-11.4%
Q2 25
0.4%
Q1 25
16.5%
Q4 24
-8.1%
Q3 24
2.9%
Q2 24
1.4%
Q1 24
-2.3%
Capex Intensity
OCC
OCC
TOPS
TOPS
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.4%
Q1 25
0.5%
Q4 24
0.3%
Q3 24
0.5%
Q2 24
1.0%
Q1 24
0.5%
Cash Conversion
OCC
OCC
TOPS
TOPS
Q4 25
16.40×
Q3 25
-7.29×
Q2 25
Q1 25
Q4 24
-4.08×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons