Pangaea Logistics Solutions (PANL) Payables (2013 - 2026)

Pangaea Logistics Solutions' (PANL) quarterly Payables came in at $73.3 million in Q1 2026, up 66.1% year-on-year from $44.1 million in Q1 2025, and up 30.22% quarter-over-quarter from $56.3 million in Q4 2025.

Pangaea Logistics Solutions (PANL) Payables (2013 - 2026) Analysis & Trends

Pangaea Logistics Solutions has disclosed Payables across 14 years of filings, most recently posting $73.3 million for Q1 2026.

  • Payables for Q1 2026 came in at $73.3 million, up 66.1% year-over-year; the trailing twelve-month figure through Mar 2026 was $73.3 million (up 66.1% YoY), and the FY2025 annual result was $56.3 million, up 14.88% from the prior year.
  • Payables came in at $73.3 million for Q1 2026 at Pangaea Logistics Solutions, up from $56.3 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $73.3 million in Q1 2026 to a low of $33.9 million in Q1 2024.
  • The 5-year median for Payables is $47.5 million (2023), against an average of $49.9 million.
  • Across the five-year window, Payables soared 92.93% in 2022 and fell 27.96% in 2023, its largest moves.
  • Pangaea Logistics Solutions' Payables stood at $39.2 million in 2022, then declined by 5.61% to $37.0 million in 2023, then jumped by 32.42% to $49.0 million in 2024, then advanced by 14.88% to $56.3 million in 2025, then soared by 30.22% to $73.3 million in 2026.
  • The last three Payables figures came in at $73.3 million (Q1 2026), $56.3 million (Q4 2025), and $65.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 1.91 Mn
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 225.97 Mn
3 Matson 5.69 Bn 5.59 Bn - 294.00 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn 566.73 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 49.46 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn 703.70 Mn
7 Costamare 1.93 Bn 1.42 Bn - 14.27 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 13.86 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - 63.85 Mn
10 Pangaea Logistics Solutions 462.83 Mn 418.86 Mn - 73.26 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 73.26 Mn
Dec 31, 2025 56.26 Mn
Sep 30, 2025 65.38 Mn
Jun 30, 2025 62.52 Mn
Mar 31, 2025 44.11 Mn
Dec 31, 2024 48.97 Mn
Sep 30, 2024 49.06 Mn
Jun 30, 2024 40.37 Mn
Mar 31, 2024 33.92 Mn
Dec 31, 2023 36.98 Mn
Sep 30, 2023 43.35 Mn
Jun 30, 2023 47.51 Mn
Mar 31, 2023 40.86 Mn
Dec 31, 2022 39.18 Mn
Sep 30, 2022 44.69 Mn
Jun 30, 2022 65.50 Mn
Mar 31, 2022 56.72 Mn
Dec 31, 2021 49.37 Mn
Sep 30, 2021 50.99 Mn
Jun 30, 2021 44.79 Mn