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 | 775.97 Bn | 775.96 Bn | 9.11 Mn |
| 2 | Kirby | 7.82 Bn | 7.74 Bn | 291.34 Mn |
| 3 | Matson | 5.83 Bn | 5.73 Bn | - |
| 4 | Hafnia | 3.60 Bn | 3.49 Bn | 152.41 Mn |
| 5 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 6 | Star Bulk Carriers | 2.95 Bn | 2.94 Bn | 371.22 Mn |
| 7 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 8 | Costamare | 1.83 Bn | 1.32 Bn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Pangaea Logistics Solutions | 473.75 Mn | 429.77 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |