Pangaea Logistics Solutions (PANL) Change in Accured Expenses (2014 - 2026)

Pangaea Logistics Solutions (PANL) posted Change in Accured Expenses of $20.8 million for Q1 2026, up 308.57% sequentially from -$10.0 million in Q4 2025, and up 737.66% YoY from $2.5 million in Q1 2025.

Pangaea Logistics Solutions (PANL) Change in Accured Expenses (2014 - 2026) Analysis & Trends

Pangaea Logistics Solutions has reported Change in Accured Expenses for 13 years, with the latest figure at $20.8 million in Q1 2026.

  • Quarterly Change in Accured Expenses rose 737.66% year-over-year to $20.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.5 million (up 222.51% YoY) and the FY2025 annual result came in at $7.5 million, down 36.9% from the prior year.
  • Change in Accured Expenses rose to $20.8 million in Q1 2026 per PANL's latest filing, from -$10.0 million in the prior quarter.
  • Over five years, Change in Accured Expenses peaked at $20.8 million in Q1 2026 and troughed at -$16.2 million in Q3 2022.
  • A 5-year average of $1.6 million and a median of $1.7 million in 2023 frame the typical range for Change in Accured Expenses.
  • The sharpest annual moves came in 2025 and 2026: Change in Accured Expenses tumbled 1940.26% in 2025, then jumped 737.66% in 2026.
  • Over 5 years, Change in Accured Expenses stood at -$6.0 million in 2022, then slipped by 23.55% to -$7.4 million in 2023, then soared by 107.31% to $541277.0 in 2024, then sank by 1940.26% to -$10.0 million in 2025, then surged by 308.57% to $20.8 million in 2026.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered $20.8 million, -$10.0 million, and $3.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Accured Exp. (Qtr)
1 Kirby 7.52 Bn 7.48 Bn 290.80 Mn -
2 Matson 6.59 Bn 6.47 Bn - -
3 Hafnia 3.92 Bn 3.81 Bn 152.41 Mn -
4 ZIM Integrated Shipping Services 3.47 Bn 2.54 Bn 57.20 Mn -
5 Star Bulk Carriers 3.35 Bn 2.85 Bn - -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 11.82 Mn
7 Okeanis Eco Tankers 2.43 Bn 2.21 Bn 12,231.53 Bn -795,355.00
8 Navios Maritime Partners 2.41 Bn 2.00 Bn 326.09 Mn 7.96 Mn
9 Costamare 1.81 Bn 1.43 Bn 185.32 Mn -161,000.00
10 Pangaea Logistics Solutions 490.71 Mn 385.03 Mn - 8.65 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 8.65 Mn
Jun 30, 2026 8.65 Mn
Mar 31, 2026 20.78 Mn
Mar 31, 2026 20.78 Mn
Dec 31, 2025 -9.96 Mn
Dec 31, 2025 -9.96 Mn
Sep 30, 2025 3.86 Mn
Sep 30, 2025 3.86 Mn
Jun 30, 2025 16.83 Mn
Jun 30, 2025 16.83 Mn
Mar 31, 2025 -3.26 Mn
Mar 31, 2025 -3.26 Mn
Dec 31, 2024 541,277.00
Dec 31, 2024 541,277.00
Sep 30, 2024 5.96 Mn
Sep 30, 2024 5.96 Mn
Jun 30, 2024 6.53 Mn
Jun 30, 2024 6.53 Mn
Mar 31, 2024 -1.19 Mn
Mar 31, 2024 -1.19 Mn