Pangaea Logistics Solutions (PANL) Net Income (2014 - 2026)
Pangaea Logistics Solutions (PANL) posted Net Income of $2.6 million for Q1 2026, down 98.75% sequentially from $207.3 million in Q4 2025, and up 23.44% YoY from $2.1 million in Q1 2025.
Pangaea Logistics Solutions (PANL) Net Income (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported Net Income for 13 years, with the latest figure at $2.6 million in Q1 2026.
- Quarterly Net Income rose 23.44% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $77.4 million (down 3.65% YoY) and the FY2025 annual result came in at $18.3 million, down 45.47% from the prior year.
- Net Income eased to $2.6 million in Q1 2026 per PANL's latest filing, from $207.3 million in the prior quarter.
- Over five years, Net Income peaked at $207.3 million in Q4 2025 and troughed at -$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.
- The widest YoY moves for Net Income: up 2518.91% in 2024, down 1475.53% in 2024.
- Over 5 years, Net Income stood at $15.0 million in 2022, then sank by 53.33% to $7.0 million in 2023, then jumped by 2518.91% to $183.3 million in 2024, then gained by 13.1% to $207.3 million in 2025, then slumped by 98.75% to $2.6 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $2.6 million, $207.3 million, and -$61.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 89.80 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 129.40 Mn |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 111.94 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | -110.10 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 151.82 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | -88,317.38 Bn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 106.34 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 266.58 Mn |
| 10 | Pangaea Logistics Solutions | 502.18 Mn | 442.56 Mn | - | 12.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.82 Mn |
| Mar 31, 2026 | 2.59 Mn |
| Dec 31, 2025 | 207.34 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 |