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Segments

By geography

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Canada$72.82M
Connecticut, U.S.$46.14M
United Kingdom$35.54M
country_Germany$16.41M
country_Singapore$15.34M

By product

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operating segment$171.7M+17.4%
Voyage revenue$171.7M+17.4%
Charter revenue$11.47M+67.4%
Port terminal & stevedore revenue$3.95M+10.7%

By segment

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Shipping$183.17M+16.9%

Other financials

Income statement

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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$485.38M+52.2%
Enterprise value$428.53M+42.9%
P/E10.2×-25.9×
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Voyage revenue$171,697$146,269$323,697$255,929
Charter revenue11,4696,85023,91116,843
Port terminal & stevedore revenue3,9533,57110,0916,720
Total revenues, net187,119156,689357,699279,491
Expenses:
Voyage expense79,05877,782152,796138,089
Charter hire expense39,10431,42378,28249,064
Vessel operating expense23,26323,37543,82545,553

Item 1. Financial Statements (unaudited)

FAQ

What is Pangaea Logistics Solutions's total revenue?
Pangaea Logistics Solutions (PANL) reported total revenue of $187.12M in Q2 2026.
How has Pangaea Logistics Solutions's total revenue changed year-over-year?
Pangaea Logistics Solutions's total revenue increased by 19.4% year-over-year, from $156.69M to $187.12M.
What is the long-term trend for Pangaea Logistics Solutions's total revenue?
Over 4 years (2021 to 2025), Pangaea Logistics Solutions's total revenue has grown at a -3.1% compound annual growth rate (CAGR), from $718.2M to $632.04M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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