Pangaea Logistics Solutions (PANL) Interest Expenses (2013 - 2026)
Pangaea Logistics Solutions (PANL) posted Interest Expenses of $9.9 million for Q1 2026, up 105.25% sequentially from -$189.4 million in Q4 2025, and up 679.06% YoY from $1.3 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Interest Expenses (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Interest Expenses for 14 years, with the latest figure at $9.9 million in Q1 2026.
- Quarterly Interest Expenses rose 679.06% year-over-year to $9.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.9 million (up 126.6% YoY) and the FY2025 annual result came in at $24.3 million, up 35.21% from the prior year.
- Interest Expenses improved to $9.9 million in Q1 2026 per PANL's latest filing, from -$189.4 million in the prior quarter.
- Over five years, Interest Expenses peaked at $78.5 million in Q3 2025 and troughed at -$189.4 million in Q4 2025.
- A 5-year average of $1.6 million and a median of $4.3 million in 2022 frame the typical range for Interest Expenses.
- The widest YoY moves for Interest Expenses: up 1448.24% in 2024, down 4005.34% in 2024.
- Over 5 years, Interest Expenses stood at $4.3 million in 2022, then changed by 0.0% to $4.3 million in 2023, then tumbled by 4005.34% to -$167.9 million in 2024, then retreated by 12.76% to -$189.4 million in 2025, then jumped by 105.25% to $9.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $9.9 million, -$189.4 million, and $78.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - | 9.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.59 Mn |
| Jun 30, 2026 | 9.59 Mn |
| Mar 31, 2026 | 9.93 Mn |
| Mar 31, 2026 | 9.93 Mn |
| Dec 31, 2025 | -189.36 Mn |
| Dec 31, 2025 | -189.36 Mn |
| Sep 30, 2025 | 78.54 Mn |
| Sep 30, 2025 | 78.54 Mn |
| Jun 30, 2025 | 75.25 Mn |
| Jun 30, 2025 | 75.25 Mn |
| Mar 31, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.28 Mn |
| Dec 31, 2024 | -167.93 Mn |
| Dec 31, 2024 | -167.93 Mn |
| Sep 30, 2024 | 66.57 Mn |
| Sep 30, 2024 | 66.57 Mn |
| Jun 30, 2024 | 62.73 Mn |
| Jun 30, 2024 | 62.73 Mn |
| Mar 31, 2024 | 56.61 Mn |
| Mar 31, 2024 | 56.61 Mn |