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Side-by-side financial comparison of Pangaea Logistics Solutions Ltd. (PANL) and Rapid7, Inc. (RPD). Click either name above to swap in a different company.

Rapid7, Inc. is the larger business by last-quarter revenue ($217.4M vs $183.9M, roughly 1.2× Pangaea Logistics Solutions Ltd.). Pangaea Logistics Solutions Ltd. runs the higher net margin — 6.5% vs 1.4%, a 5.0% gap on every dollar of revenue. On growth, Pangaea Logistics Solutions Ltd. posted the faster year-over-year revenue change (24.9% vs 0.5%). Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 3.0%).

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.

Rapid7, Inc. is a leading global cybersecurity company that offers a full portfolio of solutions including vulnerability management, threat detection and response, cloud security, and security analytics. It serves enterprises, SMBs, and public sector entities across industries like tech, healthcare, finance, and manufacturing worldwide, helping clients address and mitigate cyber risks efficiently.

PANL vs RPD — Head-to-Head

Bigger by revenue
RPD
RPD
1.2× larger
RPD
$217.4M
$183.9M
PANL
Growing faster (revenue YoY)
PANL
PANL
+24.4% gap
PANL
24.9%
0.5%
RPD
Higher net margin
PANL
PANL
5.0% more per $
PANL
6.5%
1.4%
RPD
Faster 2-yr revenue CAGR
PANL
PANL
Annualised
PANL
32.5%
3.0%
RPD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PANL
PANL
RPD
RPD
Revenue
$183.9M
$217.4M
Net Profit
$11.9M
$3.1M
Gross Margin
68.9%
Operating Margin
9.5%
1.0%
Net Margin
6.5%
1.4%
Revenue YoY
24.9%
0.5%
Net Profit YoY
40.9%
44.1%
EPS (diluted)
$0.18
$0.05

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.

Revenue
PANL
PANL
RPD
RPD
Q4 25
$183.9M
$217.4M
Q3 25
$168.7M
$218.0M
Q2 25
$156.7M
$214.2M
Q1 25
$122.8M
$210.3M
Q4 24
$147.2M
$216.3M
Q3 24
$153.1M
$214.7M
Q2 24
$131.5M
$208.0M
Q1 24
$104.7M
$205.1M
Net Profit
PANL
PANL
RPD
RPD
Q4 25
$11.9M
$3.1M
Q3 25
$12.2M
$9.8M
Q2 25
$-2.7M
$8.3M
Q1 25
$-2.0M
$2.1M
Q4 24
$8.4M
$2.2M
Q3 24
$5.1M
$15.4M
Q2 24
$3.7M
$6.5M
Q1 24
$11.7M
$1.4M
Gross Margin
PANL
PANL
RPD
RPD
Q4 25
68.9%
Q3 25
70.2%
Q2 25
70.6%
Q1 25
71.7%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
70.7%
Q1 24
70.3%
Operating Margin
PANL
PANL
RPD
RPD
Q4 25
9.5%
1.0%
Q3 25
10.0%
2.7%
Q2 25
2.3%
1.6%
Q1 25
2.4%
-0.0%
Q4 24
10.1%
3.4%
Q3 24
9.8%
6.0%
Q2 24
5.8%
2.5%
Q1 24
10.5%
4.7%
Net Margin
PANL
PANL
RPD
RPD
Q4 25
6.5%
1.4%
Q3 25
7.2%
4.5%
Q2 25
-1.8%
3.9%
Q1 25
-1.6%
1.0%
Q4 24
5.7%
1.0%
Q3 24
3.3%
7.2%
Q2 24
2.8%
3.1%
Q1 24
11.1%
0.7%
EPS (diluted)
PANL
PANL
RPD
RPD
Q4 25
$0.18
$0.05
Q3 25
$0.19
$0.15
Q2 25
$-0.04
$0.13
Q1 25
$-0.03
$0.03
Q4 24
$0.19
$0.08
Q3 24
$0.11
$0.21
Q2 24
$0.08
$0.09
Q1 24
$0.25
$0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PANL
PANL
RPD
RPD
Cash + ST InvestmentsLiquidity on hand
$103.1M
$474.7M
Total DebtLower is stronger
$249.6M
Stockholders' EquityBook value
$429.3M
$154.7M
Total Assets
$928.1M
$1.7B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PANL
PANL
RPD
RPD
Q4 25
$103.1M
$474.7M
Q3 25
$94.0M
$407.1M
Q2 25
$59.3M
$511.7M
Q1 25
$63.9M
$493.5M
Q4 24
$86.8M
$521.7M
Q3 24
$93.1M
$443.7M
Q2 24
$77.9M
$442.6M
Q1 24
$95.9M
$411.7M
Total Debt
PANL
PANL
RPD
RPD
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
Stockholders' Equity
PANL
PANL
RPD
RPD
Q4 25
$429.3M
$154.7M
Q3 25
$420.3M
$127.2M
Q2 25
$414.4M
$90.4M
Q1 25
$420.8M
$52.7M
Q4 24
$427.8M
$17.7M
Q3 24
$332.6M
$-5.1M
Q2 24
$331.5M
$-52.6M
Q1 24
$332.0M
$-86.4M
Total Assets
PANL
PANL
RPD
RPD
Q4 25
$928.1M
$1.7B
Q3 25
$932.1M
$1.7B
Q2 25
$916.0M
$1.6B
Q1 25
$918.0M
$1.6B
Q4 24
$936.5M
$1.7B
Q3 24
$749.2M
$1.6B
Q2 24
$692.9M
$1.5B
Q1 24
$703.3M
$1.5B
Debt / Equity
PANL
PANL
RPD
RPD
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
PANL
PANL
RPD
RPD
Operating Cash FlowLast quarter
$15.1M
$37.6M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.27×
12.01×
TTM Free Cash FlowTrailing 4 quarters
$146.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PANL
PANL
RPD
RPD
Q4 25
$15.1M
$37.6M
Q3 25
$28.6M
$39.0M
Q2 25
$14.4M
$47.5M
Q1 25
$-4.4M
$29.8M
Q4 24
$19.3M
$63.8M
Q3 24
$28.5M
$44.0M
Q2 24
$9.0M
$32.9M
Q1 24
$9.0M
$31.1M
Free Cash Flow
PANL
PANL
RPD
RPD
Q4 25
$36.4M
Q3 25
$34.8M
Q2 25
$46.6M
Q1 25
$28.4M
Q4 24
$62.6M
Q3 24
$42.6M
Q2 24
$32.6M
Q1 24
$30.4M
FCF Margin
PANL
PANL
RPD
RPD
Q4 25
16.8%
Q3 25
16.0%
Q2 25
21.8%
Q1 25
13.5%
Q4 24
28.9%
Q3 24
19.9%
Q2 24
15.7%
Q1 24
14.8%
Capex Intensity
PANL
PANL
RPD
RPD
Q4 25
0.5%
Q3 25
1.9%
Q2 25
0.4%
Q1 25
0.6%
Q4 24
0.5%
Q3 24
0.6%
Q2 24
0.1%
Q1 24
0.3%
Cash Conversion
PANL
PANL
RPD
RPD
Q4 25
1.27×
12.01×
Q3 25
2.34×
3.97×
Q2 25
5.70×
Q1 25
14.14×
Q4 24
2.29×
29.36×
Q3 24
5.57×
2.85×
Q2 24
2.43×
5.03×
Q1 24
0.77×
22.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PANL
PANL

Voyage$166.3M90%
Charter$13.1M7%
Terminal Stevedore Revenue$4.4M2%

RPD
RPD

Products$209.1M96%
Services$8.2M4%

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