Pangaea Logistics Solutions (PANL) Operating Expenses (2014 - 2026)

Pangaea Logistics Solutions (PANL) reported Operating Expenses of $160.1 million for Q1 2026, up 33.57% on a YoY basis from $119.9 million in Q1 2025, and down 3.8% sequentially from $166.4 million in Q4 2025.

Pangaea Logistics Solutions (PANL) Operating Expenses (2014 - 2026) Analysis & Trends

Pangaea Logistics Solutions (PANL) has 13 years of Operating Expenses data on file, last reported at $160.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 33.57% year-over-year to $160.1 million; the trailing twelve-month figure through Mar 2026 stood at $631.3 million (up 22.77% YoY), and the FY2025 full-year result was $591.1 million, up 21.1% from the prior year.
  • Operating Expenses retreated to $160.1 million in Q1 2026, from $166.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $171.8 million in Q1 2022 to a low of $93.7 million in Q1 2024.
  • A 5-year average of $134.6 million and a median of $132.4 million in 2024 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 44.98% in 2022, while the deepest fall reached 46.42% in 2022.
  • Tracing PANL's Operating Expenses over 5 years: stood at $109.2 million in 2022, then climbed by 11.08% to $121.3 million in 2023, then gained by 9.13% to $132.4 million in 2024, then increased by 25.74% to $166.4 million in 2025, then fell by 3.8% to $160.1 million in 2026.
  • Business Quant data shows PANL's Operating Expenses at $160.1 million in Q1 2026, $166.4 million in Q4 2025, and $151.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 ZIM Integrated Shipping Services 2,968,558.65 Bn 2,968,557.73 Bn 57.20 Mn -403.80 Mn
2 Danaos 2,526.27 Bn 2,525.40 Bn 203.71 Mn -15.99 Mn
3 Sfl 1,574.72 Bn 1,574.57 Bn 66.27 Mn 129.63 Mn
4 Capital Clean Energy Carriers 1,410.00 Bn 1,409.46 Bn 95.52 Mn 3.47 Mn
5 Globus Maritime 58.94 Bn 58.91 Bn 8,083.00 -3,255.00
6 Kirby 7.99 Bn 7.92 Bn 291.34 Mn 722.10 Mn
7 Matson 6.24 Bn 6.14 Bn - 623.90 Mn
8 Intercont (Cayman) 3.95 Bn 3.95 Bn - -
9 Hafnia 3.72 Bn 3.60 Bn 152.41 Mn -49.23 Mn
10 Pangaea Logistics Solutions 477.60 Mn 387.85 Mn - 160.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 160.11 Mn
Dec 31, 2025 166.44 Mn
Sep 30, 2025 151.75 Mn
Jun 30, 2025 153.04 Mn
Mar 31, 2025 119.88 Mn
Dec 31, 2024 132.37 Mn
Sep 30, 2024 138.11 Mn
Jun 30, 2024 123.88 Mn
Mar 31, 2024 93.72 Mn
Dec 31, 2023 121.30 Mn
Sep 30, 2023 115.90 Mn
Jun 30, 2023 110.20 Mn
Mar 31, 2023 107.20 Mn
Dec 31, 2022 109.20 Mn
Sep 30, 2022 154.10 Mn
Jun 30, 2022 159.20 Mn
Mar 31, 2022 171.80 Mn
Dec 31, 2021 203.80 Mn
Sep 30, 2021 187.50 Mn
Jun 30, 2021 129.40 Mn