Other was Pangaea Logistics Solutions’s largest region in fiscal 2025, bringing in $222.85M of $632.13M (35%).
| Geography | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Other | $173.27M | $175.24M | $222.85M |
| United States | $142.25M | $169.38M | $177.65M |
| Canada | $74.50M | $72.82M | $65.03M |
| United Kingdom | $58.51M | $35.54M | $48.01M |
| Country_Germany [Domain] | $23.86M | $44.13M | $59.43M |
| Country_Singapore [Domain] | $26.89M | $39.42M | $59.17M |
| Total | $499.27M | $536.54M | $632.13M |
Pangaea Logistics Solutions brought in $632.13M from its six regions in fiscal 2025, the year ended December 31, 2025. That was up 17.8% from $536.54M in fiscal 2024. Other was the largest at $222.85M (35.3%), ahead of United States at $177.65M (28.1%) and Canada at $65.03M (10.3%). The other three regions brought in $166.61M combined.
Compared with fiscal 2024, Country_Singapore [Domain] grew fastest, up 50.1% to $59.17M, while Canada fell the most, down 10.7% to $65.03M. From fiscal 2023 to 2025, combined revenue from these regions grew from $499.27M to $632.13M, a compound annual growth rate of 12.5%. Other's share of the total rose from 34.7% to 35.3%.
Voyage Revenue was Pangaea Logistics Solutions’s largest product and service line in fiscal 2025, bringing in $577.55M of $632.04M (91%).
| Product and Service | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2019 | FY 2019 | FY 2020 | FY 2020 | FY 2020 | FY 2020 | FY 2021 | FY 2021 | FY 2021 | FY 2021 | FY 2022 | FY 2022 | FY 2022 | FY 2022 | FY 2023 | FY 2023 | FY 2023 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Voyage Revenue | $176.30M | $173.20M | $173.20M | $640.03M | $108.00M | $110.50M | $127.90M | $468.58M | $494.11M | $577.55M | |||||||||||||||||
| Charter Revenue | $15.40M | $22.40M | $11.30M | $59.67M | $5.70M | $7.10M | $3.80M | $23.72M | $30.33M | $39.26M | |||||||||||||||||
| Terminal Stevedore Revenue | — | — | — | — | — | $500.00K | $3.90M | $6.97M | $12.10M | $15.24M | |||||||||||||||||
| Total | $191.70M | $195.60M | $184.50M | $699.71M | $113.70M | $118.10M | $135.60M | $499.27M | $536.54M | $632.04M |
Pangaea Logistics Solutions brought in $632.04M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 17.8% from $536.54M in fiscal 2024. Voyage Revenue was the largest at $577.55M (91.4%), ahead of Charter Revenue at $39.26M (6.2%) and Terminal Stevedore Revenue at $15.24M (2.4%).
Compared with fiscal 2024, Charter Revenue grew fastest, up 29.5% to $39.26M. Every line above 2% of revenue grew.
Pangaea Logistics Solutions began breaking out Terminal Stevedore Revenue in fiscal 2023, when it brought in $500.00K.
Operating Segments was Pangaea Logistics Solutions’s largest segment in fiscal 2025, bringing in $577.55M of $592.78M (97%).
| Segment | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Operating Segments | $467.57M | $493.44M | $577.55M |
| Corporate Reconciling | $7.98M | $12.77M | $15.24M |
| Total | $475.55M | $506.21M | $592.78M |
Pangaea Logistics Solutions brought in $592.78M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $632.13M it reports by geography, so these segments do not cover all of its revenue. Operating Segments was the largest at $577.55M (97.4%), ahead of Corporate Reconciling at $15.24M (2.6%).
Compared with fiscal 2024, Corporate Reconciling grew 19.3% to $15.24M and Operating Segments grew 17.0% to $577.55M.
Pangaea Logistics Solutions (PANL) reports its revenue by geography, by product and service and by segment. In fiscal 2025, Other was its largest region, bringing in $222.85M (35.3% of the total), followed by United States at $177.65M (28.1%).
Other was Pangaea Logistics Solutions' largest region in fiscal 2025, bringing in $222.85M, or 35.3% of the $632.13M total across its six regions.
Voyage Revenue was Pangaea Logistics Solutions' largest product and service line in fiscal 2025, bringing in $577.55M, or 91.4% of the $632.04M total across its three product and service lines.
Operating Segments was Pangaea Logistics Solutions' largest segment in fiscal 2025, bringing in $577.55M, or 97.4% of the $592.78M total across its two segments.
Among Pangaea Logistics Solutions' regions that make up at least 2% of revenue, Country_Singapore [Domain] grew fastest in fiscal 2025, up 50.1% from $39.42M to $59.17M.
Every figure comes from Pangaea Logistics Solutions' annual financial filings, as reported. Each line keeps the name Pangaea Logistics Solutions gives it, and years follow its fiscal calendar.
Pangaea Logistics Solutions' revenue by geography goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.