Jun 2026 (Q2 FY26) — Aug 11, 2026
Pangaea Logistics Solutions Q2 FY26 — Strong TCE Rates and Onshore Logistics Growth
Read the full callPangaea Logistics Solutions (PANL) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Pangaea Logistics Solutions earnings: last reported Tue, 11 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 187 | +19.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 11.4 | +9.1 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 10.2 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$7.66 +0.66% · +$0.05
Performance +59.3% 1Y
1Y: $4.81 on 17 Oct 2025 → $7.66. High $9.35 (27 Feb 2026), low $4.73 (4 Nov 2025).
- Previous close
- $7.61
- 52-week range
- $4.73 – $9.35
- One year
- +57.61%
Overview
- Symbol
- PANL
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Pangaea Logistics Solutions earnings calls (PANL)
Financials
What the filings say
Net profit, year on year: +472% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 153 | 147 | 123 | 157 | 169 | 184 | 171 | 187 |
| Operating profit | 15 | 15 | 3 | 4 | 17 | 17 | 10 | 21 |
| Operating margin | 9.8% | 10.1% | 2.4% | 2.3% | 10.0% | 9.5% | 6.1% | 11.4% |
| Other income | -9 | -6 | -5 | -7 | -4 | -5 | 3 | -11 |
| Net profit | 5 | 8 | -2 | -3 | 12 | 12 | 13 | 10 |
| EPS ($ per share) | 0.11 | — | -0.03 | -0.04 | 0.19 | — | 0.21 | 0.16 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 6 | 13 | 23 | 86 | 151 | 159 | 169 | 172 |
| Total liabilities | 220 | 237 | 216 | 406 | 380 | 335 | 462 | 453 |
| Fixed assets | 282 | 281 | 277 | 472 | 477 | 474 | 708 | 678 |
| Total assets | 453 | 480 | 450 | 707 | 748 | 705 | 936 | 928 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 40 | 44 | 21 | 62 | 135 | 54 | 66 | 54 |
| Cash from investing | -18 | -47 | -7 | -198 | -29 | -16 | -68 | 11 |
| Cash from financing | -5 | -1 | -19 | 144 | -34 | -67 | -10 | -49 |
| Net cash flow | 18 | -3 | -5 | 8 | 72 | -29 | -12 | 17 |
| Capital expenditure | -0 | -0 | 0 | -0 | -1 | 0 | -0 | -4 |
| Free cash flow | 40 | 44 | 21 | 62 | 134 | 54 | 66 | 49 |
Insider filings
21 filings between Feb 18, 2026 and May 26, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$1.14M
3 sales by 3 insiders
Compensation
not trading decisions- 17
- Award — granted as compensation
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| ROSENFELD ERIC | — | $837.0K | May 26, 2026 |
| DelSignore Gianni | — | $166.2K | Mar 19, 2026 |
| Petersen Mads Rosenber Boye | — | $138.2K | Mar 18, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| May 26, 2026 | ROSENFELD ERIC Director | Sale | 100,000 | $837.0K |
| Mar 25, 2026 | Petersen Mads Rosenber Boye Chief Executive Officer | Award | 23,710 | $0 |
| Mar 25, 2026 | Schildt Daniel Chief Strategy Officer | Award | 10,284 | $0 |
| Mar 25, 2026 | DelSignore Gianni Chief Financial Officer | Award | 12,794 | $0 |
| Mar 25, 2026 | Petersen Mads Rosenber Boye Chief Executive Officer | Award | 23,710 | $0 |
| Mar 25, 2026 | DelSignore Gianni Chief Financial Officer | Award | 12,794 | $0 |
| Mar 25, 2026 | Schildt Daniel Chief Strategy Officer | Award | 10,284 | $0 |
| Mar 19, 2026 | DelSignore Gianni Chief Financial Officer | Sale | 23,779 | $166.2K |
| Mar 18, 2026 | Petersen Mads Rosenber Boye Chief Executive Officer | Sale | 19,572 | $138.2K |
| Feb 25, 2026 | Laura Anthony Director | Award | 7,070 | $0 |
| Feb 25, 2026 | Laura Anthony Director | Award | 7,070 | $0 |
| Feb 25, 2026 | Laura Anthony Director | Gift | 14,140 | $119.9K |
| Feb 20, 2026 | DU MOULIN RICHARD T Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | ROSENFELD ERIC Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Beachy Karen H Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Leand Paul M. Jr. Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Vogel Gary Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | DAVIS EUGENE I Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Sgro David Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Boggild Carl Claus Director | Award | 14,151 | $120.0K |
| Feb 18, 2026 | Laura Anthony Director | Award | 14,151 | $120.0K |
| Jun 16, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 39,524 | $183.0K |
| Jun 5, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 5,918 | $26.6K |
| Jun 3, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 25,500 | $114.2K |
| Jun 2, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 50,000 | $222.0K |
| May 30, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 19,205 | $86.2K |
| May 29, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 3,620 | $16.3K |
| May 22, 2025 | Beachy Karen H Director | Sale | 11,000 | $49.9K |
| May 21, 2025 | FILANOWSKI MARK L Chief Executive Officer | Purchase | 20,000 | $94.9K |
| May 20, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 23,547 | $104.3K |
| Apr 11, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 6,504 | $27.6K |
| Apr 10, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 75,000 | $318.0K |
| Apr 9, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 7,807 | $32.0K |
| Apr 8, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 75,000 | $312.0K |
| Apr 7, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 50,000 | $207.0K |
| Apr 4, 2025 | Strategic Shipping Inc. 10% owner | Purchase | 20,000 | $81.2K |
| Feb 28, 2025 | Laura Anthony Director | Gift | 23,088 | $120.1K |
| Feb 28, 2025 | Laura Anthony Director | Award | 11,544 | $0 |
| Feb 28, 2025 | Laura Anthony Director | Award | 11,544 | $0 |
| Feb 19, 2025 | Beachy Karen H Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | ROSENFELD ERIC Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | Tan Christina Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | Vogel Gary Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | Boggild Carl Claus Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | Sgro David Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | Laura Anthony Director | Award | 23,077 | $120.0K |
| Feb 19, 2025 | DU MOULIN RICHARD T Director | Award | 23,077 | $120.0K |
| Feb 18, 2025 | Schildt Daniel Chief Strategic Officer | Award | 7,500 | $39.8K |
| Feb 18, 2025 | Petersen Mads Rosenber Boye Chief Operating Officer | Award | 49,038 | $0 |
| Feb 18, 2025 | FILANOWSKI MARK L Chief Executive Officer | Award | 84,615 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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