Pangaea Logistics Solutions (PANL) Net Income (2014 - 2026)
Pangaea Logistics Solutions (PANL) reported Net Income of $2.6 million for Q1 2026, up 23.44% on a YoY basis from $2.1 million in Q1 2025, and down 98.75% sequentially from $207.0 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Net Income (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 13 years of Net Income data on file, last reported at $2.6 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 23.44% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $77.0 million (down 4.04% YoY), and the FY2025 full-year result was $18.3 million, down 45.47% from the prior year.
- Net Income eased to $2.6 million in Q1 2026, from $207.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $207.0 million in Q4 2025 to a low of -$71.3 million in Q2 2025.
- A 5-year average of $13.8 million and a median of $4.8 million in 2023 frame the typical range for Net Income.
- Peak annual rise in Net Income reached 2518.91% in 2024, while the deepest fall reached 1475.53% in 2024.
- Tracing PANL's Net Income over 5 years: stood at $15.0 million in 2022, then slumped by 53.33% to $7.0 million in 2023, then jumped by 2518.91% to $183.3 million in 2024, then climbed by 12.93% to $207.0 million in 2025, then sank by 98.75% to $2.6 million in 2026.
- Business Quant data shows PANL's Net Income at $2.6 million in Q1 2026, $207.0 million in Q4 2025, and -$61.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,946,872.72 Bn | 2,946,871.79 Bn | 57.20 Mn | -110.10 Mn |
| 2 | Danaos | 2,526.91 Bn | 2,526.03 Bn | 203.71 Mn | 140.42 Mn |
| 3 | Sfl | 1,563.43 Bn | 1,563.28 Bn | 66.27 Mn | 26.08 Mn |
| 4 | Capital Clean Energy Carriers | 1,434.00 Bn | 1,433.46 Bn | 95.52 Mn | 43.68 Mn |
| 5 | Globus Maritime | 60.91 Bn | 60.88 Bn | 8,083.00 | 0.05 |
| 6 | Kirby | 8.05 Bn | 7.97 Bn | 291.34 Mn | 92.03 Mn |
| 7 | Matson | 6.20 Bn | 6.10 Bn | - | 56.60 Mn |
| 8 | Intercont (Cayman) | 3.87 Bn | 3.87 Bn | - | - |
| 9 | Hafnia | 3.70 Bn | 3.59 Bn | 152.41 Mn | 111.94 Mn |
| 10 | Pangaea Logistics Solutions | 477.34 Mn | 387.60 Mn | - | 2.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | 207.03 Mn |
| Sep 30, 2025 | -61.26 Mn |
| Jun 30, 2025 | -71.31 Mn |
| Mar 31, 2025 | 2.10 Mn |
| Dec 31, 2024 | 183.32 Mn |
| Sep 30, 2024 | -50.68 Mn |
| Jun 30, 2024 | -54.45 Mn |
| Mar 31, 2024 | -44.70 Mn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 4.75 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 |
| Jun 30, 2021 | 13.50 Mn |