Pangaea Logistics Solutions (PANL) Interest Expenses (2013 - 2026)
Pangaea Logistics Solutions (PANL) reported Interest Expenses of $9.9 million for Q1 2026, up 679.06% on a YoY basis from $1.3 million in Q1 2025, and up 105.25% sequentially from -$189.0 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Interest Expenses (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 14 years of Interest Expenses data on file, last reported at $9.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 679.06% year-over-year to $9.9 million; the trailing twelve-month figure through Mar 2026 stood at $9.9 million (up 126.6% YoY), and the FY2025 full-year result was $24.3 million, up 35.21% from the prior year.
- Interest Expenses improved to $9.9 million in Q1 2026, from -$189.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $78.5 million in Q3 2025 to a low of -$189.0 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.
- Peak annual rise in Interest Expenses reached 1448.24% in 2024, while the deepest fall reached 4005.34% in 2024.
- Tracing PANL's Interest Expenses over 5 years: stood at $4.3 million in 2022, then changed by 0.0% to $4.3 million in 2023, then plunged by 4005.34% to -$167.9 million in 2024, then dropped by 12.58% to -$189.0 million in 2025, then jumped by 105.25% to $9.9 million in 2026.
- Business Quant data shows PANL's Interest Expenses at $9.9 million in Q1 2026, -$189.0 million in Q4 2025, and $78.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,971,570.77 Bn | 2,971,569.84 Bn | 57.20 Mn | -112.20 Mn |
| 2 | Danaos | 2,535.92 Bn | 2,535.05 Bn | 203.71 Mn | 23.11 Mn |
| 3 | Sfl | 1,578.04 Bn | 1,577.89 Bn | 66.27 Mn | -38.14 Mn |
| 4 | Capital Clean Energy Carriers | 1,417.80 Bn | 1,417.26 Bn | 95.52 Mn | -23.03 Mn |
| 5 | Globus Maritime | 61.22 Bn | 61.19 Bn | 8,083.00 | -1.59 Mn |
| 6 | Kirby | 8.09 Bn | 8.01 Bn | 291.34 Mn | 3.48 Mn |
| 7 | Matson | 6.22 Bn | 6.12 Bn | - | 407.70 Mn |
| 8 | Intercont (Cayman) | 3.73 Bn | 3.73 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | -12.94 Mn |
| 10 | Pangaea Logistics Solutions | 479.52 Mn | 389.78 Mn | - | 9.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.93 Mn |
| Mar 31, 2026 | 9.93 Mn |
| Dec 31, 2025 | -189.05 Mn |
| Dec 31, 2025 | -189.05 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 |
| Dec 31, 2023 | 4.30 Mn |
| Dec 31, 2023 | 4.30 Mn |