Short answer

Pangaea Logistics Solutions Ltd. (PANL) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $171M (up 38.9% year over year) with net income of $13M.

Q1 2026 key financials · XBRL

Revenue: $171M; +38.9% YoY
Net income: $13M; +771.1% YoY
Operating margin: 6.1%
EPS (diluted): $0.21; +800.0% YoY

Source: XBRL data from the Pangaea Logistics Solutions Ltd. (PANL) Q1 2026 10-Q on SEC EDGAR. USD.

Pangaea Logistics Solutions Ltd. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

Revenue $170.6M, up 39% YoY from $122.8M, driven by freight rates and activity
Operating margin 6.1% vs 2.4% YoY; net income $13.7M vs $2.2M loss
Best segment terminal and stevedore revenue $6.1M, up 95% from $3.1M
Cash $90.0M vs $103.3M; operating cash flow $4.5M vs $4.4M use
Outlook: capital resources sufficient 12 months if drybulk rates avoid significant decline; four special surveys expected at $5.3M

Risk Factors

No risk factors provided in submitted filing excerpt
No new, updated, regulatory, operational, competitive, or financial risks disclosed

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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Pangaea Logistics Solutions Ltd. (PANL) Q1 2026 10-Q Quarterly Report