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Side-by-side financial comparison of Pangaea Logistics Solutions Ltd. (PANL) and PROCORE TECHNOLOGIES, INC. (PCOR). Click either name above to swap in a different company.
PROCORE TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($349.1M vs $183.9M, roughly 1.9× Pangaea Logistics Solutions Ltd.). Pangaea Logistics Solutions Ltd. runs the higher net margin — 6.5% vs -10.8%, a 17.2% gap on every dollar of revenue. On growth, Pangaea Logistics Solutions Ltd. posted the faster year-over-year revenue change (24.9% vs 15.6%). Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 13.8%).
Pangaea Logistics Solutions Ltd. is a global dry bulk logistics and shipping service provider. It operates a modern fleet of dry bulk vessels to transport a wide range of commodities including grains, minerals, construction materials, and energy-related raw materials, serving industrial, agricultural, and energy sector clients across North America, Europe, and Asia with tailored end-to-end bulk cargo supply chain solutions.
Procore Technologies is an American construction management software as a service company founded in 2002, with headquarters in Carpinteria, California. Procore hosts a platform to connect those involved in the construction industry on a global platform. The software allows for the creation of simplified workflows and displays a consolidated view of construction products that includes the tracking of tasks, management of project workflows, and scheduling.
PANL vs PCOR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.9M | $349.1M |
| Net Profit | $11.9M | $-37.6M |
| Gross Margin | — | 80.1% |
| Operating Margin | 9.5% | -12.3% |
| Net Margin | 6.5% | -10.8% |
| Revenue YoY | 24.9% | 15.6% |
| Net Profit YoY | 40.9% | 39.6% |
| EPS (diluted) | $0.18 | $-0.25 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $183.9M | $349.1M | ||
| Q3 25 | $168.7M | $338.9M | ||
| Q2 25 | $156.7M | $323.9M | ||
| Q1 25 | $122.8M | $310.6M | ||
| Q4 24 | $147.2M | $302.0M | ||
| Q3 24 | $153.1M | $295.9M | ||
| Q2 24 | $131.5M | $284.3M | ||
| Q1 24 | $104.7M | $269.4M |
| Q4 25 | $11.9M | $-37.6M | ||
| Q3 25 | $12.2M | $-9.1M | ||
| Q2 25 | $-2.7M | $-21.1M | ||
| Q1 25 | $-2.0M | $-33.0M | ||
| Q4 24 | $8.4M | $-62.3M | ||
| Q3 24 | $5.1M | $-26.4M | ||
| Q2 24 | $3.7M | $-6.3M | ||
| Q1 24 | $11.7M | $-11.0M |
| Q4 25 | — | 80.1% | ||
| Q3 25 | — | 79.7% | ||
| Q2 25 | — | 79.1% | ||
| Q1 25 | — | 79.1% | ||
| Q4 24 | — | 81.2% | ||
| Q3 24 | — | 81.4% | ||
| Q2 24 | — | 83.1% | ||
| Q1 24 | — | 83.0% |
| Q4 25 | 9.5% | -12.3% | ||
| Q3 25 | 10.0% | -4.4% | ||
| Q2 25 | 2.3% | -9.3% | ||
| Q1 25 | 2.4% | -11.7% | ||
| Q4 24 | 10.1% | -21.9% | ||
| Q3 24 | 9.8% | -12.3% | ||
| Q2 24 | 5.8% | -5.2% | ||
| Q1 24 | 10.5% | -7.0% |
| Q4 25 | 6.5% | -10.8% | ||
| Q3 25 | 7.2% | -2.7% | ||
| Q2 25 | -1.8% | -6.5% | ||
| Q1 25 | -1.6% | -10.6% | ||
| Q4 24 | 5.7% | -20.6% | ||
| Q3 24 | 3.3% | -8.9% | ||
| Q2 24 | 2.8% | -2.2% | ||
| Q1 24 | 11.1% | -4.1% |
| Q4 25 | $0.18 | $-0.25 | ||
| Q3 25 | $0.19 | $-0.06 | ||
| Q2 25 | $-0.04 | $-0.14 | ||
| Q1 25 | $-0.03 | $-0.22 | ||
| Q4 24 | $0.19 | $-0.42 | ||
| Q3 24 | $0.11 | $-0.18 | ||
| Q2 24 | $0.08 | $-0.04 | ||
| Q1 24 | $0.25 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.1M | $768.5M |
| Total DebtLower is stronger | $249.6M | — |
| Stockholders' EquityBook value | $429.3M | $1.3B |
| Total Assets | $928.1M | $2.2B |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.1M | $768.5M | ||
| Q3 25 | $94.0M | $684.0M | ||
| Q2 25 | $59.3M | $620.9M | ||
| Q1 25 | $63.9M | $566.7M | ||
| Q4 24 | $86.8M | $775.4M | ||
| Q3 24 | $93.1M | $756.9M | ||
| Q2 24 | $77.9M | $735.4M | ||
| Q1 24 | $95.9M | $744.6M |
| Q4 25 | $249.6M | — | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $244.7M | — | ||
| Q1 25 | $251.0M | — | ||
| Q4 24 | $257.2M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $90.5M | — | ||
| Q1 24 | $95.9M | — |
| Q4 25 | $429.3M | $1.3B | ||
| Q3 25 | $420.3M | $1.2B | ||
| Q2 25 | $414.4M | $1.2B | ||
| Q1 25 | $420.8M | $1.2B | ||
| Q4 24 | $427.8M | $1.3B | ||
| Q3 24 | $332.6M | $1.3B | ||
| Q2 24 | $331.5M | $1.3B | ||
| Q1 24 | $332.0M | $1.2B |
| Q4 25 | $928.1M | $2.2B | ||
| Q3 25 | $932.1M | $2.1B | ||
| Q2 25 | $916.0M | $2.0B | ||
| Q1 25 | $918.0M | $1.9B | ||
| Q4 24 | $936.5M | $2.1B | ||
| Q3 24 | $749.2M | $2.0B | ||
| Q2 24 | $692.9M | $2.0B | ||
| Q1 24 | $703.3M | $1.9B |
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.29× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.1M | $114.9M |
| Free Cash FlowOCF − Capex | — | $109.2M |
| FCF MarginFCF / Revenue | — | 31.3% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | 1.27× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $282.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.1M | $114.9M | ||
| Q3 25 | $28.6M | $88.5M | ||
| Q2 25 | $14.4M | $30.8M | ||
| Q1 25 | $-4.4M | $66.0M | ||
| Q4 24 | $19.3M | $29.1M | ||
| Q3 24 | $28.5M | $39.3M | ||
| Q2 24 | $9.0M | $58.7M | ||
| Q1 24 | $9.0M | $69.1M |
| Q4 25 | — | $109.2M | ||
| Q3 25 | — | $83.1M | ||
| Q2 25 | — | $27.9M | ||
| Q1 25 | — | $62.0M | ||
| Q4 24 | — | $17.4M | ||
| Q3 24 | — | $35.7M | ||
| Q2 24 | — | $56.8M | ||
| Q1 24 | — | $67.1M |
| Q4 25 | — | 31.3% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | — | 8.6% | ||
| Q1 25 | — | 20.0% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | — | 12.1% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | 24.9% |
| Q4 25 | — | 1.6% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | 1.27× | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.29× | — | ||
| Q3 24 | 5.57× | — | ||
| Q2 24 | 2.43× | — | ||
| Q1 24 | 0.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PANL
| Voyage | $166.3M | 90% |
| Charter | $13.1M | 7% |
| Terminal Stevedore Revenue | $4.4M | 2% |
PCOR
| US | $298.3M | 85% |
| Non Us | $50.9M | 15% |
