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
DateValue
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