10-Q quarterly report · filed Aug 10, 2026

Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 10-Q Quarterly Report

Short answer

Pangaea Logistics Solutions Ltd. (PANL) filed its Q2 2026 10-Q quarterly report on Aug 10, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $187M (up 19.4% year over year) with net income of $10M.

Q2 2026 key financials · XBRL

Revenue
$187M
+19.4% YoY · +9.7% QoQ
Net income
$10M
+472.0% YoY · −23.3% QoQ
Operating margin
11.4%
EPS (diluted)
$0.15
+475.0% YoY · −28.6% QoQ

Source: XBRL data from the Pangaea Logistics Solutions Ltd. (PANL) Q2 2026 10-Q on SEC EDGAR. USD.

Pangaea Logistics Solutions Ltd. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $187.1M, up 19% YoY from $156.7M, driven by higher freight rates
  • Operating margin 11.4% vs 2.3% YoY, with operating income $21.3M vs $3.7M
  • Best segment: charter revenue $11.5M, up 67%; terminal revenue $4.0M, up 11%
  • TCE rate $18,153/day vs $12,108, up 50%; total shipping days fell to 5,735 from 6,222
  • Cash $105.9M; six-month operating cash flow $25.9M vs $10.0M, with financing outflows of $30.4M

Risk Factors

  • No risk factors provided in the submitted excerpt
  • No newly added, updated, regulatory, operational, competitive, or financial risks identifiable

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

Other Pangaea Logistics Solutions Ltd. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.