Pangaea Logistics Solutions (PANL) Change in Accured Expenses (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Change in Accured Expenses came in at $8.7 million in Q2 2026, down 48.6% year-over-year from $16.8 million in Q2 2025, and down 58.36% quarter-over-quarter from $20.8 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Change in Accured Expenses (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Change in Accured Expenses across 13 years of filings, most recently posting $8.7 million for Q2 2026.
- In Q2 2026, Change in Accured Expenses fell 48.6% year-over-year to $8.7 million; the TTM figure through Jun 2026 stood at $23.3 million (up 16.21% YoY), while the FY2025 annual figure was $7.5 million, down 36.9% from the prior year.
- Change in Accured Expenses came in at $8.7 million for Q2 2026 at Pangaea Logistics Solutions, down from $20.8 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $20.8 million in Q1 2026 to a low of -$16.2 million in Q3 2022.
- Average Change in Accured Expenses over 5 years is $2.0 million, with a median of $2.8 million recorded in 2023.
- Year-over-year, Change in Accured Expenses slumped 1940.26% in 2025 and soared 737.66% in 2026.
- Over 5 years, Change in Accured Expenses stood at -$6.0 million in 2022, then retreated by 23.55% to -$7.4 million in 2023, then jumped by 107.31% to $541277.0 in 2024, then tumbled by 1940.26% to -$10.0 million in 2025, then soared by 186.85% to $8.7 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were $8.7 million in Q2 2026, $20.8 million in Q1 2026, and -$10.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | - |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 13.02 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 36.24 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | - |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | - |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 8.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.65 Mn |
| Mar 31, 2026 | 20.78 Mn |
| Dec 31, 2025 | -9.96 Mn |
| Sep 30, 2025 | 3.86 Mn |
| Jun 30, 2025 | 16.83 Mn |
| Mar 31, 2025 | -3.26 Mn |
| Dec 31, 2024 | 541,277.00 |
| Sep 30, 2024 | 5.96 Mn |
| Jun 30, 2024 | 6.53 Mn |
| Mar 31, 2024 | -1.19 Mn |
| Dec 31, 2023 | -7.40 Mn |
| Sep 30, 2023 | -2.57 Mn |
| Jun 30, 2023 | 4.20 Mn |
| Mar 31, 2023 | 1.70 Mn |
| Dec 31, 2022 | -5.99 Mn |
| Sep 30, 2022 | -16.24 Mn |
| Jun 30, 2022 | 8.45 Mn |
| Mar 31, 2022 | 4.84 Mn |
| Dec 31, 2021 | -1.50 Mn |
| Sep 30, 2021 | 6.26 Mn |