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PANL

Pangaea Logistics·NASDAQ
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PANL fundamentals

Pangaea Logistics (PANL) released its earnings on Mar 11, 2026: revenue was 183.90M (YoY +24.95%), beat estimates; EPS was 0.16 (YoY 0.00%), missed estimates.
Revenue / YoY
183.90M
+24.95%
EPS / YoY
0.16
0.00%
Report date
Mar 11, 2026
PANL Earnings Call Summary for Q4,2025
  • Revenue Growth & Margin Expansion: 22% EBITDA growth to $28.7 million, 17% EBITDA margin, driven by 26% shipping days increase.
  • Market Premium & Fleet Efficiency: 19% TCE rate premium over market, modernizing fleet with $9.6M vessel sales.
  • Terminal Expansion Impact: 2026 expected to add $3M EBITDA from new terminals, deepening customer supply chain integration.
  • Geopolitical Resilience: No direct exposure to Middle East conflict, but indirect risks via fuel prices and trade disruption.
  • Fuel Hedging Strategy: 75% short-term fuel price risk hedged; long-term contracts include cost pass-through.
  • 2026 Demand Strength: 5,920 days booked at $14,917/day TCE, signaling sustained demand in U.S. Gulf and minor bulk markets.
EPS
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
-0.090.090.190.140.090.290.480.560.350.640.520.320.110.10.320.160.140.10.240.16-0.03-0.020.170.16
Forecast
0.03-0.140.01720.110.070.27850.4440.53120.320.39160.40340.28630.06520.1190.15210.33720.11590.1480.27320.0493-0.1167-0.02290.06660.2422
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-400.00%
+164.29%
+1004.65%
+27.27%
+28.57%
+4.13%
+8.11%
+5.42%
+9.38%
+63.43%
+28.90%
+11.77%
+68.71%
-15.97%
+110.39%
-52.55%
+20.79%
-32.43%
-12.15%
+224.54%
+74.29%
+12.66%
+155.26%
-33.94%
Revenue
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
------------------95.88M70.40M103.77M112.85M124.97M145.54M213.03M234.56M191.76M195.54M184.48M127.92M113.70M118.08M135.62M131.88M104.75M131.50M153.12M147.17M122.80M156.69M168.70M183.90M
Forecast
------------------86.10M75.42M118.50M98.10M103.50M123.60M157.75M183.14M192.85M175.68M153.09M164.88M82.49M127.55M135.24M140.16M115.94M112.36M141.33M124.18M128.45M129.36M159.30M150.35M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+11.36%
-6.66%
-12.43%
+15.04%
+20.75%
+17.75%
+35.04%
+28.08%
-0.56%
+11.30%
+20.50%
-22.41%
+37.84%
-7.43%
+0.28%
-5.91%
-9.65%
+17.03%
+8.34%
+18.52%
-4.40%
+21.12%
+5.90%
+22.31%

Earnings Call