Provides ocean transportation services for drybulk cargoes like grains and coal.
Jun 2026Revenue $710M/yrExpenses $644M/yr
No trend
Figures by year
Is Pangaea Logistics Solutions profitable?
Yes. In the 12 months to Jun 2026, revenue was $710M and expenses $644M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $632M | $591M | $40.9M |
| Dec 2024 | $537M | $488M | $48.4M |
| Dec 2023 | $499M | $455M | $44.6M |
| Dec 2022 | $700M | $594M | $106M |
| Dec 2021 | $718M | $639M | $78.9M |
| Dec 2020 | $383M | $363M | $19.7M |
| Dec 2019 | $412M | $389M | $23.3M |
| Dec 2018 | $373M | $337M | $36.1M |
| Dec 2017 | $386M | $370M | $16.0M |
| Dec 2016 | $238M | $225M | $12.9M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.