Stocks Consumer discretionary PANL
NASDAQ · Consumer discretionaryPangaea Logistics Solutions Ltd. (PANL)
Pangaea Logistics Solutions Ltd. brought in $760.6M of revenue over the twelve months to September 30, 2026, up 27.8% from a year earlier. Net income was $73.6M, a net margin of 9.7%. At September 30, 2026 it held $144.9M in cash against $228.7M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Pangaea Logistics Solutions Ltd.
- Net worth
- Pangaea Logistics Solutions Ltd. has a market value (market cap) of $559.1M at the latest share price, and shareholders' equity of $481M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $632M (+17.8% year on year), with net income of $19.4M. Over the 12 months to September 30, 2026: revenue $760.6M, net income $73.6M.
- Cash flow
- In fiscal 2025 operations brought in $53.7M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Pangaea Logistics Solutions Ltd.'s next report is expected around March 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Pangaea Logistics Solutions Ltd. declared dividends of $0.05 per share in fiscal 2025, a yield of 0.59% at the current price.
What Pangaea Logistics Solutions Ltd. does
Pangaea Logistics Solutions Ltd. is registered with the SEC under industry code SIC 4412 (Deep Sea Foreign Transportation of Freight). Its shares trade on NASDAQ under the ticker PANL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $632M | $19.4M | $0.30 | n/a |
| 2024 | $536.5M | $28.9M | $0.63 | n/a |
| 2023 | $499.3M | $26.3M | $0.58 | n/a |
| 2022 | $699.7M | $79.5M | $1.76 | n/a |
| 2021 | $718.1M | $67.2M | $1.50 | n/a |
| 2020 | $382.9M | $11.4M | $0.26 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where PANL ranks in Consumer discretionary
Dividends
Pangaea Logistics Solutions Ltd. declared $0.05 per share in fiscal 2025. At the current price that is a yield of 0.59%. It paid out $16.3M in cash dividends, 84% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.05 | $16.3M | 84% |
| 2024 | $0.10 | $18.7M | 65% |
| 2023 | $0.10 | $18.1M | 69% |
| 2022 | n/a | $13.4M | 17% |
| 2021 | n/a | $5.5M | 8% |
| 2020 | n/a | $535.2K | 5% |
Latest SEC filings
What Pangaea Logistics Solutions Ltd. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 30% to $219.1M versus the same quarter last year; diluted EPS $0.59 versus $0.19.
- November 5, 2026
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 19% to $187.1M versus the same quarter last year; diluted EPS $0.16 versus -$0.04.
- August 10, 2026
- June 8, 2026
- May 28, 2026Passive stake changed SCHEDULE 13G/A
- May 12, 2026
- May 11, 2026
- May 11, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 39% to $170.6M versus the same quarter last year; diluted EPS $0.21 versus -$0.03.
Insider trades
What the people running Pangaea Logistics Solutions Ltd. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 26, 2026 | Rosenfeld EricDirector | Sold | 100,000 | $837K |
| March 25, 2026 | Schildt DanielChief Strategy Officer | Received as pay | 10,284 | - |
| March 25, 2026 | Schildt DanielChief Strategy Officer | Received as pay | 10,284 | - |
| March 25, 2026 | DelSignore GianniChief Financial Officer | Received as pay | 12,794 | - |
| March 25, 2026 | DelSignore GianniChief Financial Officer | Received as pay | 12,794 | - |
| March 25, 2026 | Petersen Mads Rosenber BoyeChief Executive Officer | Received as pay | 23,710 | - |
| March 25, 2026 | Petersen Mads Rosenber BoyeChief Executive Officer | Received as pay | 23,710 | - |
| March 19, 2026 | DelSignore GianniChief Financial Officer | Sold | 23,779 | $166.2K |
Who owns PANL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Strategic Shipping Inc.13D, may seek influence with 2 related filers | 29% | December 18, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 160 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Dimensional Fund Advisors LP | 3,159,589 | +275,119 |
| BlackRock, Inc. | 2,841,154 | +597,237 |
| Rockland Trust Co | 1,282,830 | -3,484,111 |
| Hillsdale Investment Management Inc. | 1,185,300 | new |
| Two Sigma Investments, LP | 983,940 | +347,062 |
| Geode Capital Management, LLC | 948,258 | +160,444 |
| Cable Car Capital, LP | 870,000 | 0 |
| Qube Research & Technologies Ltd | 858,818 | +487,961 |
| Bridgeway Capital Management, LLC | 741,144 | +31,692 |
| Nuveen, LLC | 728,532 | +352,236 |
| Renaissance Technologies LLC | 714,387 | -31,713 |
| Algert Global LLC | 688,554 | +487,319 |
| State Street Corp | 670,582 | +58,246 |
| Millennium Management LLC | 655,360 | -178,688 |
| Citadel Advisors LLC | 492,972 | +17,097 |
| Empowered Funds, LLC | 444,844 | +31,692 |
| Aqr Capital Management LLC | 411,235 | +278,044 |
| Point72 Asset Management, L.P. | 407,356 | -143,558 |
| Jpmorgan Chase & Co | 388,943 | +15,202 |
| Vanguard Capital Management LLC | 389,323 | +19,377 |
Insiders
12 insiders reported holding 11,568,510 shares in total, about $98.8M at the last price.
| Holder | Shares |
|---|---|
| Boggild Carl ClausDirector, 10% owner | 8,379,4218,379,421 held indirectly |
| Petersen Mads Rosenber BoyeChief Executive Officer | 727,436 |
| Laura AnthonyDirector | 714,053714,053 held indirectly |
| Rosenfeld EricDirector | 536,845 |
| DelSignore GianniChief Financial Officer | 404,256 |
| Sgro DavidDirector | 361,811 |
| Du Moulin Richard TDirector | 280,269 |
| Beachy Karen HDirector | 70,821 |
| Vogel GaryDirector | 37,228 |
| Schildt DanielChief Strategy Officer | 28,068 |
Questions about PANL
What does Pangaea Logistics Solutions Ltd. do?
Pangaea Logistics Solutions Ltd. is a company in the Consumer discretionary sector, listed on NASDAQ as PANL. Its shares trade on NASDAQ under the ticker PANL.
What is Pangaea Logistics Solutions Ltd.'s net worth?
Pangaea Logistics Solutions Ltd. has a market value (market cap) of $559.1M at the latest share price, and shareholders' equity of $481M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Pangaea Logistics Solutions Ltd. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $73.6M on revenue of $760.6M, a net margin of 9.7%.
How much revenue does Pangaea Logistics Solutions Ltd. make?
Over the twelve months to September 30, 2026 Pangaea Logistics Solutions Ltd. reported revenue of $760.6M. That is 27.8% more than a year earlier.
When did Pangaea Logistics Solutions Ltd. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the executive or director change from November 9, 2026.
When is Pangaea Logistics Solutions Ltd.'s next earnings report?
Pangaea Logistics Solutions Ltd.'s next report is expected around March 10, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Pangaea Logistics Solutions Ltd. pay a dividend?
Yes. Pangaea Logistics Solutions Ltd. declared dividends of $0.05 per share in fiscal 2025, a yield of 0.59% at the current price.
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Where the numbers come from
Financial figures are the values Pangaea Logistics Solutions Ltd. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.