Filing Flows › Pangaea Logistics Solutions (PANL) › Q3 2026 › vs Q2 2026
Pangaea Logistics Solutions (PANL) Q3 2026 vs Q2 2026 (quarter over quarter)
Pangaea Logistics Solutions's revenue rose $31.9M (+17%) from $187M in Q2 2026 to $219M in Q3 2026. Operating margin 19.9% against 11.4% (+8.5 pts).
Pangaea Logistics Solutions, Q3 2026: revenue $219M (+30% year over year), operating margin 19.9%, net earnings $38.3M, operating cash flow $57.3M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 19.9% | 11.4% | +8.5 pts |
| Net margin | 17.5% | 5.5% | +12.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $219M | $187M | $31.9M | +17% |
| Operating profit | $43.6M | $21.3M | $22.3M | +104% |
| Costs & expenses | $175M | $166M | $9.7M | +6% |
| Pre-tax earnings | $39.6M | $10.5M | $29.1M | +277% |
| Other expense, net | $4.0M | $10.9M | −$6.8M | -63% |
| General & admin | $7.6M | $9.0M | −$1.3M | -15% |
| Other operating costs | $168M | $157M | $11.0M | +7% |
| Net earnings | $38.3M | $10.2M | $28.1M | +275% |
| Minority interests | $1.3M | $280K | $1.0M | +361% |
| Depreciation & amortization | $11.9M | $12.4M | −$518K | -4% |
| Share-based compensation | $653K | $622K | $31K | +5% |
| Working capital & other | $6.4M | −$1.9M | $8.3M | — |
| Operating cash flow | $57.3M | $21.4M | $35.9M | +168% |
Questions
How much did Pangaea Logistics Solutions's revenue grow quarter over quarter in Q3 2026?
Pangaea Logistics Solutions's revenue rose $31.9M (+17%) from $187M in Q2 2026 to $219M in Q3 2026. Operating margin 19.9% against 11.4% (+8.5 pts).