Pangaea Logistics Solutions financials
$8.03+0.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $187.1M | $170.6M | $183.9M | $168.7M | $156.7M | $122.8M | $147.2M | $153.1M | $131.5M | $104.7M | $131.9M | $135.6M |
| Gross profit | $66.0M | $106.5M | $553.8M | $36.7M | $44.8M | $80.4M | $461.9M | $28.8M | $37.7M | $104.7M | $424.4M | $33.3M |
| Gross margin | 35.3% | 62.4% | 301.2% | 21.8% | 28.6% | 65.5% | 313.9% | 18.8% | 28.6% | 100.0% | 321.8% | 24.6% |
| Operating income | $21.3M | $10.5M | $14.8M | $16.6M | $3.7M | $2.9M | $14.8M | $15.0M | $7.6M | $11.0M | $11.1M | $19.7M |
| Net income | $10.2M | $13.3M | $11.9M | $12.2M | -$2.7M | -$2.0M | $8.4M | $5.1M | $3.7M | $11.7M | $1.1M | $18.9M |
| Net margin | 5.5% | 7.8% | 6.5% | 7.2% | −1.8% | −1.6% | 5.7% | 3.3% | 2.8% | 11.1% | 0.9% | 13.9% |
| Diluted EPS | $0.16 | $0.21 | $0.18 | $0.19 | $-0.04 | $-0.03 | $0.18 | $0.11 | $0.08 | $0.25 | $0.02 | $0.42 |
| EBITDA | $33.8M | $22.7M | $26.5M | $26.8M | $14.3M | $12.8M | $22.6M | $22.7M | $15.0M | $18.5M | $18.6M | $27.9M |
| Operating cash flow | $21.4M | $4.5M | $15.1M | $28.6M | $14.4M | -$4.4M | $19.3M | $28.5M | $9.0M | $9.0M | $23.9M | $16.3M |
| Free cash flow | $17.0M | $4.5M | $10.8M | $27.2M | $13.2M | -$4.8M | $19.1M | $19.8M | $389.8K | $8.9M | $23.9M | $16.1M |
| Diluted shares | 65.0M | 64.8M | 66.1M | 64.8M | 64.0M | 63.9M | 46.2M | 46.0M | 46.0M | 45.9M | 46.6M | 45.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $105.7M | $89.7M | $103.1M | $94.0M | $59.3M | $63.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $349.5M | $360.0M | $372.2M | $382.6M | $375.8M | $386.6M |
| Total assets | $956.7M | $950.7M | $928.1M | $932.1M | $916.0M | $918.0M |
| Total liabilities | $462.0M | $463.9M | $453.4M | $466.6M | $456.9M | $450.8M |
| Shareholders' equity | $494.7M | $486.8M | $474.7M | $465.6M | $459.1M | $467.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology