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| Date | Value |
|---|---|
| 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 |