Pangaea Logistics Solutions Ltd.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $632.0M | $536.5M | $499.3M | $699.7M | $718.1M |
| Operating income | $40.9M | $48.4M | $44.6M | $105.5M | $78.9M |
| Operating expenses | $591.1M | $488.1M | $454.7M | $594.2M | $639.2M |
| Cash from operations | $53.7M | $65.7M | $53.8M | $134.8M | $61.7M |
| Capital expenditure | $4.3M | $167,000 | $0 | $653,452 | $42,963 |
| Free cash flow | $49.4M | $65.5M | $53.8M | $134.1M | $61.7M |
| Share repurchases | $3.0M | — | — | — | — |
| Impairments | — | — | $0 | $3.0M | $0 |
| Total assets | $928.1M | $936.5M | $705.2M | $748.2M | $707.0M |
| Total debt | $129.6M | $131.3M | $100.3M | $116.0M | $123.0M |
Shares outstanding 65.4M
Annual filing data through FY ended December 31, 2025; float as of July 2, 2026.