Pangaea Logistics Solutions Ltd. (PANL)
NCM · Industrials · Marine Shipping
Closing price as of 2026-06-12 · Source: TEK2day Finance
Key Metrics
About Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The company also provides cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of 7 vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.
Quarterly Financials
| Metric | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 |
|---|---|---|---|---|
| Revenue | 156.7M | 168.7M | 183.9M | 170.6M |
| Gross Profit | 10.8M | 26.5M | 21.5M | 20.9M |
| Operating Income | 3.7M | 16.6M | 14.8M | 10.8M |
| Net Income | -2.7M | 12.2M | 11.9M | 13.3M |
| Diluted EPS | $-0.04 | $0.19 | $0.19 | $0.21 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 699.7M | 499.3M | 536.5M | 632.0M |
| Gross Profit | 128.9M | 69.1M | 73.1M | 69.0M |
| Operating Income | 108.8M | 46.4M | 48.4M | 37.9M |
| Net Income | 79.5M | 26.3M | 28.9M | 19.4M |
| Diluted EPS | $1.76 | $0.58 | $0.63 | $0.30 |