Pangaea Logistics Solutions (PANL) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Pangaea Logistics Solutions Revenue Highlights


Latest Revenue (Y)

$632.04M

Latest Revenue (Q)

$168.67M

Main Segment (Y)

Voyage

Main Geography (Y)

Other

Pangaea Logistics Solutions Revenue by Period


Pangaea Logistics Solutions Revenue by Year

DateRevenueChange
2025-12-31$632.04M17.80%
2024-12-31$536.54M7.46%
2023-12-31$499.27M-28.65%
2022-12-31$699.71M-2.56%
2021-12-31$718.10M87.55%
2020-12-31$382.90M-7.11%
2019-12-31$412.20M10.52%
2018-12-31$372.97M-3.36%
2017-12-31$385.95M62.15%
2016-12-31$238.02M-17.16%
2015-12-31$287.33M-27.86%
2014-12-31$398.28M1.48%
2013-12-31$392.47M1.40%
2012-12-31$387.06M-

Pangaea Logistics Solutions generated $632.04M in revenue during NA 2025, up 17.80% compared to the previous quarter, and up 165.07% compared to the same period a year ago.

Pangaea Logistics Solutions Revenue by Quarter

DateRevenueChange
2025-09-30$168.67M7.65%
2025-06-30$156.69M27.60%
2025-03-31$122.80M-16.56%
2024-12-31$147.17M-3.88%
2024-09-30$153.12M16.44%
2024-06-30$131.50M25.54%
2024-03-31$104.75M-20.57%
2023-12-31$131.88M-2.76%
2023-09-30$135.62M14.86%
2023-06-30$118.08M3.85%
2023-03-31$113.70M-11.12%
2022-12-31$127.92M-30.66%
2022-09-30$184.48M-5.66%
2022-06-30$195.54M1.97%
2022-03-31$191.76M-18.25%
2021-12-31$234.56M10.11%
2021-09-30$213.03M46.37%
2021-06-30$145.54M16.46%
2021-03-31$124.97M10.74%
2020-12-31$112.85M8.76%
2020-09-30$103.77M47.40%
2020-06-30$70.40M-26.58%
2020-03-31$95.88M-26.52%
2019-12-31$130.48M9.75%
2019-09-30$118.89M42.74%
2019-06-30$83.29M4.71%
2019-03-31$79.54M-21.88%
2018-12-31$101.83M6.80%
2018-09-30$95.34M-1.53%
2018-06-30$96.82M22.60%
2018-03-31$78.97M-22.72%
2017-12-31$102.19M-4.52%
2017-09-30$107.02M17.06%
2017-06-30$91.42M8.25%
2017-03-31$84.46M27.32%
2016-12-31$66.33M-6.29%
2016-09-30$70.78M24.27%
2016-06-30$56.96M29.64%
2016-03-31$43.94M-21.44%
2015-12-31$55.93M-21.44%
2015-09-30$71.19M9.35%
2015-06-30$65.10M-31.55%
2015-03-31$95.12M-7.73%
2014-12-31$103.08M13.02%
2014-09-30$91.21M100.00%
2014-06-30-100.00%
2014-03-31-100.00%
2013-12-31-100.00%
2013-09-30--

Pangaea Logistics Solutions generated $168.67M in revenue during Q3 2025, up 7.65% compared to the previous quarter, and up 128.27% compared to the same period a year ago.

Pangaea Logistics Solutions Revenue Breakdown


Pangaea Logistics Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Charter$39.26M$30.33M$23.72M$59.67M$103.62M
Voyage$577.55M$494.11M$468.58M$640.03M$614.48M

Pangaea Logistics Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 25: Voyage (93.64%), and Charter (6.36%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Voyage$166.35M$155.27M$146.27M$109.66M$261.70M$145.12M$87.29M$122.30M$127.88M$110.47M$107.95M$117.30M$173.17M$173.19M$176.34M$202.50M$186.35M$117.40M$108.23M$98.20M
Charter$13.12M$9.30M$6.85M$9.99M$10.43M$4.86M$15.03M$7.10M$3.80M$7.09M$5.75M$10.60M$11.31M$22.35M$15.43M$32.10M$26.68M$28.15M$16.74M$14.60M
operating segment-$155.05M$146.25M-----------------

Pangaea Logistics Solutions's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Voyage (92.69%), and Charter (7.31%).

Pangaea Logistics Solutions Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24
CANADA$65.03M$72.82M
UNITED STATES$177.65M$169.38M
Other$222.85M$175.25M

Pangaea Logistics Solutions's latest annual revenue breakdown by geography, as of Dec 25: Other (47.87%), UNITED STATES (38.16%), and CANADA (13.97%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25
Other$23.89M$61.93M$78.79M$58.24M
UNITED STATES$52.80M$43.38M$46.14M$35.33M

Pangaea Logistics Solutions's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (68.85%), and Other (31.15%).

Pangaea Logistics Solutions Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MAGNMagnera$2.19B$702.00M
WNCWabash National$1.54B$381.60M
ACCOACCO Brands$1.52B$383.70M
CMDBCostamare Bulkers$1.20B$77.93M
MGMistras Group$724.02M$195.55M
PANLPangaea Logistics Solutions$632.04M$168.67M
LXFRLuxfer$384.60M$92.90M
KNOPKNOT Offshore Partners LP$290.72M$76.63M
GASSStealthGas$143.53M$41.56M
HSHPHimalaya Shipping$38.12M$22.92M
AIRJAirJoule--

PANL Revenue FAQ


What is Pangaea Logistics Solutions’s yearly revenue?

Pangaea Logistics Solutions's yearly revenue for 2025 was $632.04M, representing an increase of 17.80% compared to 2024. The company's yearly revenue for 2024 was $536.54M, representing an increase of 7.46% compared to 2023. PANL's yearly revenue for 2023 was $499.27M, representing a decrease of -28.65% compared to 2022.

What is Pangaea Logistics Solutions’s quarterly revenue?

Pangaea Logistics Solutions's quarterly revenue for Q3 2025 was $168.67M, a 7.65% increase from the previous quarter (Q2 2025), and a 10.16% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $156.69M, a 27.60% increase from the previous quarter (Q1 2025), and a 19.16% increase year-over-year (Q2 2024). PANL's quarterly revenue for Q1 2025 was $122.8M, a -16.56% decrease from the previous quarter (Q4 2024), and a 17.23% increase year-over-year (Q1 2024).

What is Pangaea Logistics Solutions’s revenue growth rate?

Pangaea Logistics Solutions's revenue growth rate for the last 3 years (2023-2025) was 26.59%, and for the last 5 years (2021-2025) was -11.98%.

What are Pangaea Logistics Solutions’s revenue streams?

Pangaea Logistics Solutions's revenue streams in c 25 are Charter, and Voyage. Charter generated $39.26M in revenue, accounting 6.36% of the company's total revenue, up 29.45% year-over-year. Voyage generated $577.55M in revenue, accounting 93.64% of the company's total revenue, up 16.89% year-over-year.

What is Pangaea Logistics Solutions’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Pangaea Logistics Solutions was Voyage. This segment made a revenue of $577.55M, representing 93.64% of the company's total revenue.