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Pangaea Logistics Solutions vs Genco Shipping & Trading: PANL and GNK compared
Pangaea Logistics Solutions is the larger company: $219M of revenue in its latest quarter (Q3 2026) against $152M for Genco Shipping & Trading (Q3 2026). Genco Shipping & Trading is growing faster (+90% against +30% a year earlier). Genco Shipping & Trading is more profitable, with an operating margin of 29.1% against 19.9%.
Where the money goes: PANL and GNK
Pangaea Logistics Solutions (PANL) · Q3 2026
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 follows the revenue to costs, profit and cash.
Genco Shipping & Trading (GNK) · Q3 2026
Genco Shipping & Trading, Q3 2026: revenue $152M (+90% year over year), operating margin 29.1%, net earnings $38.1M, operating cash flow $66.5M. The chart follows the revenue to costs, profit and cash.
| Pangaea Logistics Solutions (PANL) | Genco Shipping & Trading (GNK) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $219M | $152M |
| Revenue growth, Y/Y | +30% | +90% |
| Operating margin | 19.9% | 29.1% |
| Net earnings | $38.3M | $38.1M |
| Net margin | 17.5% | 25.1% |
| Operating cash flow | $57.3M | $66.5M |
| Free cash flow | $55.2M | $65.4M |
Where the revenue comes from
Pangaea Logistics Solutions
- Voyage revenue: $193M (88%)
- Charter revenue: $18.8M (9%)
- All other revenue: $7.1M (3%)
Questions
Which is bigger, Pangaea Logistics Solutions or Genco Shipping & Trading?
Pangaea Logistics Solutions is the larger company: $219M of revenue in its latest quarter (Q3 2026) against $152M for Genco Shipping & Trading (Q3 2026).
Is Pangaea Logistics Solutions or Genco Shipping & Trading growing faster?
Genco Shipping & Trading is growing faster (+90% against +30% a year earlier).
Which is more profitable, Pangaea Logistics Solutions or Genco Shipping & Trading?
Genco Shipping & Trading is more profitable, with an operating margin of 29.1% against 19.9%.
More: Pangaea Logistics Solutions earnings · how Pangaea Logistics Solutions makes money · Genco Shipping & Trading earnings · how Genco Shipping & Trading makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.