Pangaea Logistics Solutions financials
$8.03+0.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $632.0M | $536.5M | $499.3M | $699.7M | $718.1M | $382.9M | $412.2M | $373.0M | $385.9M | $238.0M |
| Gross profit | $632.0M | $536.5M | $499.3M | $215.3M | $120.8M | $55.2M | $68.5M | $71.0M | $56.1M | $25.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 30.8% | 16.8% | 14.4% | 16.6% | 19.0% | 14.5% | 10.8% |
| Operating income | $37.9M | $48.4M | $46.4M | $105.8M | $78.9M | $20.4M | $27.8M | $36.9M | $25.3M | $12.9M |
| Net income | $19.4M | $28.9M | $26.3M | $79.5M | $67.2M | $11.4M | $11.7M | $17.8M | $7.8M | $7.5M |
| Net margin | 3.1% | 5.4% | 5.3% | 11.4% | 9.4% | 3.0% | 2.8% | 4.8% | 2.0% | 3.1% |
| Diluted EPS | $0.30 | $0.63 | $0.58 | $1.76 | $1.50 | $0.26 | $0.27 | $0.42 | $0.20 | $0.21 |
| EBITDA | $80.4M | $78.8M | $76.4M | $138.4M | $101.8M | $39.3M | $51.1M | $54.6M | $40.9M | $27.0M |
| Operating cash flow | $53.7M | $65.7M | $53.8M | $134.8M | $61.7M | $20.8M | $44.5M | $40.1M | $29.2M | $19.2M |
| Free cash flow | $49.4M | $65.5M | $26.5M | $98.4M | -$132.9M | $17.9M | $2.8M | $22.6M | -$34.8M | $9.0M |
| Diluted shares | 64.7M | 46.0M | 45.5M | 45.1M | 44.8M | 43.8M | 43.3M | 42.8M | 38.9M | 35.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $103.1M | $86.8M | $99.0M | $128.4M | $56.2M | $46.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $372.2M | $397.4M | $264.4M | $299.5M | $306.7M | $159.4M |
| Total assets | $928.1M | $936.5M | $705.2M | $748.2M | $707.0M | $450.4M |
| Total liabilities | $453.4M | $461.8M | $335.0M | $379.5M | $406.3M | $216.0M |
| Shareholders' equity | $474.7M | $474.7M | $370.2M | $368.7M | $300.7M | $234.4M |
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