Pangaea Logistics Solutions (PANL) Profit After Tax (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Profit After Tax came in at $10.5 million in Q2 2026, up 461.41% year-over-year from $1.9 million in Q2 2025, and down 23.3% quarter-over-quarter from $13.7 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Profit After Tax (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Profit After Tax across 13 years of filings, most recently posting $10.5 million for Q2 2026.
- In Q2 2026, Profit After Tax rose 461.41% year-over-year to $10.5 million; the TTM figure through Jun 2026 stood at $49.4 million (up 393.58% YoY), while the FY2025 annual figure was $20.2 million, down 36.52% from the prior year.
- Profit After Tax came in at $10.5 million for Q2 2026 at Pangaea Logistics Solutions, down from $13.7 million in the prior quarter.
- In the past five years, Profit After Tax ranged from a high of $27.7 million in Q2 2022 to a low of -$2.9 million in Q2 2025.
- Average Profit After Tax over 5 years is $10.6 million, with a median of $11.4 million recorded in 2025.
- Year-over-year, Profit After Tax plunged 172.62% in 2025 and surged 721.42% in 2026.
- Over 5 years, Profit After Tax stood at $15.8 million in 2022, then slumped by 86.08% to $2.2 million in 2023, then jumped by 311.49% to $9.1 million in 2024, then surged by 35.63% to $12.3 million in 2025, then decreased by 14.64% to $10.5 million in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were $10.5 million in Q2 2026, $13.7 million in Q1 2026, and $12.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 658.97 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 89.80 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 129.40 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 294.93 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 277.80 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 733.21 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 387.54 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 64.10 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 144.95 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 10.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.48 Mn |
| Mar 31, 2026 | 13.67 Mn |
| Dec 31, 2025 | 12.28 Mn |
| Sep 30, 2025 | 12.99 Mn |
| Jun 30, 2025 | -2.90 Mn |
| Mar 31, 2025 | -2.20 Mn |
| Dec 31, 2024 | 9.05 Mn |
| Sep 30, 2024 | 6.06 Mn |
| Jun 30, 2024 | 3.99 Mn |
| Mar 31, 2024 | 12.67 Mn |
| Dec 31, 2023 | 2.20 Mn |
| Sep 30, 2023 | 20.20 Mn |
| Jun 30, 2023 | 2.84 Mn |
| Mar 31, 2023 | 3.47 Mn |
| Dec 31, 2022 | 15.80 Mn |
| Sep 30, 2022 | 19.60 Mn |
| Jun 30, 2022 | 27.70 Mn |
| Mar 31, 2022 | 22.30 Mn |
| Dec 31, 2021 | 17.60 Mn |
| Sep 30, 2021 | 28.80 Mn |