Pangaea Logistics Solutions (PANL) Receivables - Net (2013 - 2026)

Pangaea Logistics Solutions (PANL) posted Receivables - Net of $61.3 million for Q1 2026, up 9.71% sequentially from $55.9 million in Q4 2025, and up 27.89% YoY from $47.9 million in Q1 2025.

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

Pangaea Logistics Solutions has reported Receivables - Net for 14 years, with the latest figure at $61.3 million in Q1 2026.

  • Quarterly Receivables - Net rose 27.89% year-over-year to $61.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.3 million (up 27.89% YoY) and the FY2025 annual result came in at $55.9 million, up 31.82% from the prior year.
  • Receivables - Net rose to $61.3 million in Q1 2026 per PANL's latest filing, from $55.9 million in the prior quarter.
  • Over five years, Receivables - Net peaked at $61.3 million in Q1 2026 and troughed at $33.4 million in Q1 2023.
  • A 5-year average of $45.2 million and a median of $42.8 million in 2023 frame the typical range for Receivables - Net.
  • The widest YoY moves for Receivables - Net: up 41.4% in 2022, down 32.26% in 2022.
  • Over 5 years, Receivables - Net stood at $36.8 million in 2022, then jumped by 30.3% to $47.9 million in 2023, then declined by 11.53% to $42.4 million in 2024, then jumped by 31.82% to $55.9 million in 2025, then climbed by 9.71% to $61.3 million in 2026.
  • According to Business Quant data, Receivables - Net over the past three periods registered $61.3 million, $55.9 million, and $45.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kirby 7.52 Bn 7.48 Bn 290.80 Mn
2 Matson 6.59 Bn 6.47 Bn -
3 Hafnia 3.92 Bn 3.81 Bn 152.41 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.54 Bn 57.20 Mn
5 Star Bulk Carriers 3.35 Bn 2.85 Bn -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn
7 Okeanis Eco Tankers 2.43 Bn 2.21 Bn 12,231.53 Bn
8 Navios Maritime Partners 2.41 Bn 2.00 Bn 326.09 Mn
9 Costamare 1.81 Bn 1.43 Bn 185.32 Mn
10 Pangaea Logistics Solutions 490.71 Mn 385.03 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 59.15 Mn
Jun 30, 2026 59.15 Mn
Mar 31, 2026 61.28 Mn
Mar 31, 2026 61.28 Mn
Dec 31, 2025 55.85 Mn
Dec 31, 2025 55.85 Mn
Sep 30, 2025 45.57 Mn
Sep 30, 2025 45.57 Mn
Jun 30, 2025 49.33 Mn
Jun 30, 2025 49.33 Mn
Mar 31, 2025 47.92 Mn
Mar 31, 2025 47.92 Mn
Dec 31, 2024 42.37 Mn
Dec 31, 2024 42.37 Mn
Sep 30, 2024 44.16 Mn
Sep 30, 2024 44.16 Mn
Jun 30, 2024 41.33 Mn
Jun 30, 2024 41.33 Mn
Mar 31, 2024 42.00 Mn
Mar 31, 2024 42.00 Mn