Pangaea Logistics Solutions Ltd. revenue by segment PANL

Pangaea Logistics Solutions Ltd. splits its revenue into 5 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Voyage at $193.1 million, 88% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
761
219
187
171
184
169
157
123
147
Voyage
—
193
+24.4%
share 88.2%
172
+17.4%
share 91.8%
152
+38.6%
share 89.1%
166
+20.9%
share 90.5%
155
share 92.1%
146
share 93.3%
110
share 89.3%
138
share 93.5%
Operating
—
—
172
+17.4%
share 91.8%
152
+38.6%
share 89.1%
—
155
share 91.9%
146
share 93.3%
110
share 89.3%
—
Charter
—
19
+102.3%
share 8.6%
11
+67.4%
share 6.1%
12
+24.5%
share 7.3%
13
+99.1%
share 7.1%
9
share 5.5%
7
share 4.4%
10
share 8.1%
7
share 4.5%
Port And Terminal Operations And Other Ancillary Services
—
7
+64.3%
share 3.2%
—
—
—
4
share 2.6%
—
—
—
Terminal Stevedore Revenue
—
—
4
+10.7%
share 2.1%
6
+95.0%
share 3.6%
4
+47.9%
share 2.4%
4
share 2.4%
4
share 2.3%
3
share 2.6%
3
share 2.0%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Deep Sea Foreign Transportation of Freight (SIC 4412)
Listed as
PANL (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Bermuda
Headquarters
Newport, RI
SEC filer status
Accelerated filer, Smaller reporting company
SEC CIK
1606909
Former names
Quartet Holdco Ltd. (until Oct 2, 2014)

Other Deep Sea Foreign Transportation of Freight companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.