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Segments

By segment

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Shipping$42.34M+40.9%

Other financials

Income statement

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Revenue$187.1M+19.4%
Operating income$21.3M+484%
Net income$10.2M+472%
EPS (diluted)$0.16+500%

Balance sheet

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Cash & equivalents$105.7M+78.3%
Total debt$48.8M+21.4%
Total equity$448.6M+8.3%
Total assets$956.7M+4.4%

Cash flow

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Operating cash flow$21.4M+48.6%
CapEx$1.1M+2,474%
Free cash flow$12.4M-24.6%

Valuation

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Market cap$479.49M+50.3%
Enterprise value$422.64M+40.9%
P/E10.1×-26.1×
P/S0.7×+0.1×

Profitability

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Operating margin9.3%+3.0pp
Net margin6.7%+5.2pp
FCF margin7.8%-4.4pp

Returns & leverage

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Return on equity11%+8.7pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by Pangaea Logistics Solutions in its filing.

Tagged under the XBRL concept us-gaap:DepreciationAmortizationAndAccretionNet.

The source filing: Pangaea Logistics Solutions’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055365
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Vessel operating expense23,26323,37543,82545,553
Terminal & stevedore expenses2,9542,6867,3295,238
General and administrative8,9627,17218,98914,446
Depreciation and amortization12,43310,59724,30920,521
Loss on write-down of vessel held for sale358
Total expenses165,774153,036325,888272,911
Income from operations21,3453,65431,8116,580
Other income (expense):

Item 1. Financial Statements (unaudited)

FAQ

What is Pangaea Logistics Solutions's D&A?
Pangaea Logistics Solutions (PANL) reported D&A of $12.43M in Q2 2026.
How has Pangaea Logistics Solutions's D&A changed year-over-year?
Pangaea Logistics Solutions's D&A increased by 17.3% year-over-year, from $10.6M to $12.43M.
What is the long-term trend for Pangaea Logistics Solutions's D&A?
Over 4 years (2021 to 2025), Pangaea Logistics Solutions's D&A has grown at a 16.6% compound annual growth rate (CAGR), from $23M to $42.47M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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