Pangaea Logistics Solutions (PANL) Income from Continuing Operations (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Income from Continuing Operations came in at $22.4 million in Q2 2026, up 468.02% year-over-year from $3.9 million in Q2 2025, and up 79.04% quarter-over-quarter from $12.5 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Income from Continuing Operations (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Income from Continuing Operations across 13 years of filings, most recently posting $22.4 million for Q2 2026.
- In Q2 2026, Income from Continuing Operations rose 468.02% year-over-year to $22.4 million; the TTM figure through Jun 2026 stood at $70.2 million (up 81.82% YoY), while the FY2025 annual figure was $18.6 million, down 46.02% from the prior year.
- Income from Continuing Operations came in at $22.4 million for Q2 2026 at Pangaea Logistics Solutions, up from $12.5 million in the prior quarter.
- In the past five years, Income from Continuing Operations ranged from a high of $32.7 million in Q2 2022 to a low of $3.2 million in Q1 2023.
- Average Income from Continuing Operations over 5 years is $13.9 million, with a median of $15.2 million recorded in 2022.
- Year-over-year, Income from Continuing Operations sank 85.33% in 2023 and jumped 468.02% in 2026.
- Over 5 years, Income from Continuing Operations stood at $15.0 million in 2022, then tumbled by 53.33% to $7.0 million in 2023, then surged by 119.92% to $15.4 million in 2024, then climbed by 16.8% to $18.0 million in 2025, then advanced by 24.65% to $22.4 million in 2026.
- Per Business Quant data, the three most recent Income from Continuing Operations figures were $22.4 million in Q2 2026, $12.5 million in Q1 2026, and $18.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 660.28 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 89.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 129.40 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 294.93 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 280.63 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 737.18 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 449.31 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 57.30 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 170.51 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 22.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.41 Mn |
| Mar 31, 2026 | 12.52 Mn |
| Dec 31, 2025 | 17.98 Mn |
| Sep 30, 2025 | 17.28 Mn |
| Jun 30, 2025 | 3.95 Mn |
| Mar 31, 2025 | 3.37 Mn |
| Dec 31, 2024 | 15.39 Mn |
| Sep 30, 2024 | 15.90 Mn |
| Jun 30, 2024 | 8.28 Mn |
| Mar 31, 2024 | 11.90 Mn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 4.80 Mn |
| Mar 31, 2023 | 3.25 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Sep 30, 2022 | 26.30 Mn |
| Jun 30, 2022 | 32.70 Mn |
| Mar 31, 2022 | 16.50 Mn |
| Dec 31, 2021 | 27.50 Mn |
| Sep 30, 2021 | 23.20 Mn |