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

Pangaea Logistics Solutions' (PANL) quarterly Receivables - Net came in at $61.3 million in Q1 2026, up 27.89% year-on-year from $47.9 million in Q1 2025, and up 9.71% quarter-over-quarter from $55.9 million in Q4 2025.

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

Pangaea Logistics Solutions has disclosed Receivables - Net across 14 years of filings, most recently posting $61.3 million for Q1 2026.

  • Receivables - Net for Q1 2026 came in at $61.3 million, up 27.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $61.3 million (up 27.89% YoY), and the FY2025 annual result was $55.9 million, up 31.82% from the prior year.
  • Receivables - Net came in at $61.3 million for Q1 2026 at Pangaea Logistics Solutions, up from $55.9 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $61.3 million in Q1 2026 to a low of $33.4 million in Q1 2023.
  • The 5-year median for Receivables - Net is $42.6 million (2023), against an average of $45.1 million.
  • Peak annual rise in Receivables - Net reached 41.4% in 2022, while the deepest fall reached 32.26% in 2022.
  • Pangaea Logistics Solutions' Receivables - Net stood at $36.8 million in 2022, then surged by 45.55% to $53.5 million in 2023, then retreated by 20.8% to $42.4 million in 2024, then surged by 31.82% to $55.9 million in 2025, then gained by 9.71% to $61.3 million in 2026.
  • The last three Receivables - Net figures came in at $61.3 million (Q1 2026), $55.9 million (Q4 2025), and $45.6 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
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
Sep 30, 2023 53.50 Mn
Sep 30, 2023 53.50 Mn