Pangaea Logistics Solutions annual operating expenses
2013
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2022
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2025
Pangaea Logistics Solutions Operating Expenses Growth & History (PANL)
Pangaea Logistics Solutions's operating expenses was $591.1M for fiscal 2025.
View full Pangaea Logistics Solutions company overviewPangaea Logistics Solutions annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $591.1M | $103.0M | +21.10% |
| 2024 | 2024-12-31 | $488.1M | $33.4M | +7.35% |
| 2023 | 2023-12-31 | $454.7M | −$139.5M | −23.49% |
| 2022 | 2022-12-31 | $594.2M | −$45.0M | −7.04% |
| 2021 | 2021-12-31 | $639.2M | $276.0M | +76.00% |
| 2020 | 2020-12-31 | $363.2M | −$25.7M | −6.62% |
| 2019 | 2019-12-31 | $388.9M | $52.0M | +15.45% |
| 2018 | 2018-12-31 | $336.9M | −$33.0M | −8.93% |
| 2017 | 2017-12-31 | $369.9M | $144.8M | +64.32% |
| 2016 | 2016-12-31 | $225.1M | −$41.7M | −15.62% |
| 2015 | 2015-12-31 | $266.8M | −$134.0M | −33.43% |
| 2014 | 2014-12-31 | $400.8M | $29.7M | +8.00% |
| 2013 | 2013-12-31 | $371.1M | — | — |
Pangaea Logistics Solutions quarterly operating expenses
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $165.8M | $12.7M | +8.32% |
| Q1 2026 | 2026-03-31 | $160.1M | $40.2M | +33.57% |
| Q4 2025 | 2025-12-31 | $166.4M | $34.1M | +25.74% |
| Q3 2025 | 2025-09-30 | $151.7M | $13.6M | +9.87% |
| Q2 2025 | 2025-06-30 | $153.0M | $29.2M | +23.53% |
| Q1 2025 | 2025-03-31 | $119.9M | $26.2M | +27.91% |
| Q4 2024 | 2024-12-31 | $132.4M | $11.1M | +9.13% |
| Q3 2024 | 2024-09-30 | $138.1M | $22.2M | +19.17% |
| Q2 2024 | 2024-06-30 | $123.9M | $13.7M | +12.40% |
| Q1 2024 | 2024-03-31 | $93.7M | −$13.5M | −12.58% |
| Q4 2023 | 2023-12-31 | $121.3M | $12.1M | +11.08% |
| Q3 2023 | 2023-09-30 | $115.9M | −$38.2M | −24.79% |
| Q2 2023 | 2023-06-30 | $110.2M | −$49.0M | −30.77% |
| Q1 2023 | 2023-03-31 | $107.2M | −$64.6M | −37.60% |
| Q4 2022 | 2022-12-31 | $109.2M | −$94.6M | −46.42% |
| Q3 2022 | 2022-09-30 | $154.1M | −$33.4M | −17.81% |
| Q2 2022 | 2022-06-30 | $159.2M | $29.8M | +23.03% |
| Q1 2022 | 2022-03-31 | $171.8M | $53.3M | +44.98% |
| Q4 2021 | 2021-12-31 | $203.8M | $99.2M | +94.84% |
| Q3 2021 | 2021-09-30 | $187.5M | $93.7M | +99.89% |
| Q2 2021 | 2021-06-30 | $129.4M | $62.8M | +94.29% |
| Q1 2021 | 2021-03-31 | $118.5M | $20.3M | +20.67% |
| Q4 2020 | 2020-12-31 | $104.6M | −$26.8M | −20.40% |
| Q3 2020 | 2020-09-30 | $93.8M | −$12.1M | −11.43% |
| Q2 2020 | 2020-06-30 | $66.6M | −$9.9M | −12.94% |
| Q1 2020 | 2020-03-31 | $98.2M | $22.9M | +30.41% |
| Q4 2019 | 2019-12-31 | $131.4M | $37.2M | +39.49% |
| Q3 2019 | 2019-09-30 | $105.9M | $22.7M | +27.28% |
| Q2 2019 | 2019-06-30 | $76.5M | −$11.9M | −13.46% |
| Q1 2019 | 2019-03-31 | $75.3M | $4.2M | +5.91% |
| Q4 2018 | 2018-12-31 | $94.2M | −$1.2M | −1.26% |
| Q3 2018 | 2018-09-30 | $83.2M | −$13.8M | −14.23% |
| Q2 2018 | 2018-06-30 | $88.4M | −$4.2M | −4.55% |
| Q1 2018 | 2018-03-31 | $71.1M | −$13.7M | −16.17% |
| Q4 2017 | 2017-12-31 | $95.4M | $29.9M | +45.65% |
| Q3 2017 | 2017-09-30 | $97.0M | $34.0M | +53.97% |
| Q2 2017 | 2017-06-30 | $92.6M | $36.4M | +64.79% |
| Q1 2017 | 2017-03-31 | $84.8M | $44.4M | +109.93% |
| Q4 2016 | 2016-12-31 | $65.5M | $8.3M | +14.48% |
| Q3 2016 | 2016-09-30 | $63.0M | −$3.3M | −5.01% |
| Q2 2016 | 2016-06-30 | $56.2M | −$1.9M | −3.28% |
| Q1 2016 | 2016-03-31 | $40.4M | −$44.8M | −52.56% |
| Q4 2015 | 2015-12-31 | $57.2M | −$59.9M | −51.14% |
| Q3 2015 | 2015-09-30 | $66.3M | −$26.8M | −28.76% |
| Q2 2015 | 2015-06-30 | $58.1M | −$28.3M | −32.76% |
| Q1 2015 | 2015-03-31 | $85.2M | −$19.0M | −18.23% |
| Q4 2014 | 2014-12-31 | $117.1M | — | — |
| Q3 2014 | 2014-09-30 | $93.1M | — | — |
| Q2 2014 | 2014-06-30 | $86.4M | — | — |
| Q1 2014 | 2014-03-31 | $104.2M | — | — |
Pangaea Logistics Solutions operating expenses trends
Over the last five fiscal years, Pangaea Logistics Solutions's operating expenses increased from $363.2M to $591.1M, a change of $227.9M. The latest reported quarter, Q2 2026, shows $165.8M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Pangaea Logistics Solutions source filings ↗