Pangaea Logistics Solutions (OLED) Revenue & Revenue Breakdown

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Pangaea Logistics Solutions Revenue Highlights

Latest Revenue (Y)

$576.43M

Latest Revenue (Q)

$161.63M

Main Segment (Y)

Material Sales

Main Geography (Y)

Non-US

Pangaea Logistics Solutions Revenue by Period

Pangaea Logistics Solutions Revenue by Year

Date	Revenue	Change
2023-12-31	$576.43M	-6.52%
2022-12-31	$616.62M	11.40%
2021-12-31	$553.52M	29.07%
2020-12-31	$428.87M	5.85%
2019-12-31	$405.18M	63.76%
2018-12-31	$247.41M	-26.28%
2017-12-31	$335.63M	68.75%
2016-12-31	$198.89M	4.10%
2015-12-31	$191.05M	0.01%
2014-12-31	$191.03M	30.27%
2013-12-31	$146.64M	76.16%
2012-12-31	$83.24M	35.82%
2011-12-31	$61.29M	100.65%
2010-12-31	$30.54M	93.48%
2009-12-31	$15.79M	42.54%
2008-12-31	$11.08M	-2.04%
2007-12-31	$11.31M	-5.16%
2006-12-31	$11.92M	17.47%
2005-12-31	$10.15M	44.83%
2004-12-31	$7.01M	6.27%
2003-12-31	$6.59M	169.63%
2002-12-31	$2.45M	95.17%
2001-12-31	$1.25M	154.26%
2000-12-31	$492.76K	-5.15%
1999-12-31	$519.54K	29.88%
1998-12-31	$400.00K	300.00%
1997-12-31	$100.00K	-
1996-12-31	$100.00K	-
1995-12-31	$100.00K	-

Pangaea Logistics Solutions generated $576.43M in revenue during NA 2023, up -6.52% compared to the previous quarter, and up 232.98% compared to the same period a year ago.

Pangaea Logistics Solutions Revenue by Quarter

Date	Revenue	Change
2024-09-30	$161.63M	1.97%
2024-06-30	$158.50M	-4.09%
2024-03-31	$165.26M	4.38%
2023-12-31	$158.32M	12.22%
2023-09-30	$141.08M	-3.74%
2023-06-30	$146.56M	12.34%
2023-03-31	$130.47M	-22.82%
2022-12-31	$169.03M	5.28%
2022-09-30	$160.56M	17.57%
2022-06-30	$136.56M	-9.24%
2022-03-31	$150.47M	2.89%
2021-12-31	$146.25M	1.83%
2021-09-30	$143.62M	10.77%
2021-06-30	$129.66M	-3.24%
2021-03-31	$134.00M	-5.33%
2020-12-31	$141.54M	20.90%
2020-09-30	$117.08M	101.97%
2020-06-30	$57.97M	-48.37%
2020-03-31	$112.28M	10.37%
2019-12-31	$101.73M	4.32%
2019-09-30	$97.52M	-17.48%
2019-06-30	$118.17M	34.64%
2019-03-31	$87.77M	25.12%
2018-12-31	$70.14M	-9.55%
2018-09-30	$77.55M	38.11%
2018-06-30	$56.15M	28.86%
2018-03-31	$43.57M	-62.39%
2017-12-31	$115.87M	87.84%
2017-09-30	$61.68M	-39.83%
2017-06-30	$102.51M	84.49%
2017-03-31	$55.57M	-25.49%
2016-12-31	$74.58M	146.83%
2016-09-30	$30.21M	-53.08%
2016-06-30	$64.39M	116.79%
2016-03-31	$29.70M	-52.33%
2015-12-31	$62.31M	58.08%
2015-09-30	$39.42M	-32.14%
2015-06-30	$58.09M	86.06%
2015-03-31	$31.22M	-44.42%
2014-12-31	$56.17M	70.78%
2014-09-30	$32.89M	-48.71%
2014-06-30	$64.13M	69.47%
2014-03-31	$37.84M	-23.52%
2013-12-31	$49.48M	50.73%
2013-09-30	$32.83M	-33.50%
2013-06-30	$49.36M	229.59%
2013-03-31	$14.98M	-46.77%
2012-12-31	$28.13M	124.99%
2012-09-30	$12.50M	-58.30%
2012-06-30	$29.99M	137.61%
2012-03-31	$12.62M	-32.36%
2011-12-31	$18.66M	-14.32%
2011-09-30	$21.78M	93.53%
2011-06-30	$11.25M	17.21%
2011-03-31	$9.60M	-11.07%
2010-12-31	$10.80M	52.99%
2010-09-30	$7.06M	-16.47%
2010-06-30	$8.45M	98.91%
2010-03-31	$4.25M	-12.46%
2009-12-31	$4.85M	-5.72%
2009-09-30	$5.15M	74.05%
2009-06-30	$2.96M	4.32%
2009-03-31	$2.83M	-21.00%
2008-12-31	$3.59M	36.62%
2008-09-30	$2.63M	22.37%
2008-06-30	$2.15M	-21.03%
2008-03-31	$2.72M	-6.28%
2007-12-31	$2.90M	-

Pangaea Logistics Solutions generated $161.63M in revenue during Q3 2024, up 1.97% compared to the previous quarter, and up 110.28% compared to the same period a year ago.

Pangaea Logistics Solutions Revenue Breakdown

Pangaea Logistics Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20
Contract Research Services	$16.01M	$18.42M	$15.87M	$14.06M
Royalty And License Fees	$238.39M	$267.12M	$219.03M	$185.05M
Material Sales	$322.03M	$331.08M	$318.62M	$229.75M

Pangaea Logistics Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Material Sales (55.87%), Royalty And License Fees (41.36%), and Contract Research Services (2.78%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21
Contract Research Services	$3.61M	$3.51M	$3.71M	$3.21M	$2.67M	$5.06M	$5.07M	$5.11M	$4.92M	$4.41M	$3.98M	$4.48M	$4.07M	$4.01M	$3.31M
Material Sales	$83.43M	$95.44M	$93.28M	$82.24M	$92.49M	$77.11M	$70.19M	$88.34M	$84.18M	$71.87M	$86.69M	$85.77M	$75.61M	$77.44M	$79.81M
Royalty And License Fees	$74.59M	$59.55M	$68.27M	$72.86M	$45.91M	$64.40M	$55.21M	$75.58M	$71.45M	$60.28M	$59.80M	$55.99M	$63.94M	$48.21M	$50.89M

Pangaea Logistics Solutions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Material Sales (51.62%), Royalty And License Fees (46.15%), and Contract Research Services (2.23%).

Pangaea Logistics Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Non-US	$563.62M	$600.63M	$537.41M	-	-
CHINA	$229.73M	$230.58M	$192.08M	$142.08M	$135.26M
JAPAN	$6.97M	$5.58M	$7.36M	$7.41M	$5.28M
KOREA, REPUBLIC OF	$322.51M	$360.64M	$334.83M	$263.08M	$250.56M
UNITED STATES	$12.81M	$15.99M	$16.12M	$14.58M	$11.81M
Other Non U S	$4.41M	$3.83M	$3.14M	$1.73M	$2.27M
Non Us	-	-	-	$414.29M	$393.37M

Pangaea Logistics Solutions's latest annual revenue breakdown by geography, as of Dec 23: Non-US (49.44%), KOREA, REPUBLIC OF (28.29%), CHINA (20.15%), UNITED STATES (1.12%), JAPAN (0.61%), and Other Non U S (0.39%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
CHINA	$61.37M	$45.24M	$57.47M	$66.09M	$48.69M	$57.52M	$57.43M	$71.10M	$52.91M	$51.18M	$55.40M	$53.94M	$41.32M	$36.31M	$60.50M	$40.16M	$43.57M	$20.51M	$37.83M	$36.30M
KOREA, REPUBLIC OF	$95.11M	$108.19M	$102.40M	$87.19M	$87.23M	$82.03M	$66.06M	$91.30M	$100.56M	$79.10M	$89.69M	$84.80M	$95.74M	$86.32M	$67.97M	$95.92M	$66.67M	$31.06M	$69.42M	$60.26M
Other Non U S	$975.00K	$273.00K	$1.67M	$555.00K	$541.00K	$1.98M	$1.34M	$1.84M	$976.00K	$715.00K	$300.00K	$880.00K	$537.00K	$895.00K	$825.00K	$253.00K	$663.00K	$315.00K	$497.00K	$552.00K
UNITED STATES	$3.68M	$3.55M	$2.47M	$2.69M	$2.60M	$3.53M	$4.00M	$3.67M	$4.11M	$4.18M	$4.03M	$4.50M	$4.11M	$4.13M	$3.38M	$4.06M	$3.90M	$3.89M	$2.73M	$3.14M
Non-US	$157.95M	$154.96M	$162.79M	$155.63M	$138.48M	$143.04M	$126.47M	$165.36M	$156.45M	$132.38M	$146.44M	$141.75M	-	-	-	-	-	-	-	-
JAPAN	$503.00K	$1.26M	$1.25M	$1.80M	$2.02M	$1.51M	$1.65M	$1.12M	$2.01M	$1.39M	$1.05M	$2.13M	$1.91M	$2.00M	$1.31M	$1.14M	$2.28M	$2.20M	$1.79M	$1.47M
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	$139.51M	$125.53M	$130.62M	$137.49M	$113.18M	$54.08M	$109.54M	$98.59M

Pangaea Logistics Solutions's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (49.42%), KOREA, REPUBLIC OF (29.76%), CHINA (19.20%), UNITED STATES (1.15%), Other Non U S (0.31%), and JAPAN (0.16%).

Pangaea Logistics Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
JBL	Jabil	$28.88B	$6.76B
FLEX	Flex	$26.41B	$6.54B
TEL	TE Connectivity	$15.85B	$3.98B
APH	Amphenol	$12.55B	$4.04B
SANM	Sanmina	$7.57B	$1.84B
PLXS	Plexus	$3.96B	$960.75M
FN	Fabrinet	$2.88B	$804.23M
BHE	Benchmark Electronics	$2.84B	$2.45B
MEI	Methode Electronics	$1.11B	$292.60M
ROG	Rogers	$908.40M	$210.30M
BELFA	Bel Fuse	$639.81M	$123.64M
OLED	Pangaea Logistics Solutions	$576.43M	$161.63M
VICR	Vicor	$100.00K	$85.85K

OLED Revenue FAQ

What is Pangaea Logistics Solutions’s yearly revenue?

Pangaea Logistics Solutions's yearly revenue for 2023 was $576.43M, representing a decrease of -6.52% compared to 2022. The company's yearly revenue for 2022 was $616.62M, representing an increase of 11.40% compared to 2021. OLED's yearly revenue for 2021 was $553.52M, representing an increase of 29.07% compared to 2020.

What is Pangaea Logistics Solutions’s quarterly revenue?

Pangaea Logistics Solutions's quarterly revenue for Q3 2024 was $161.63M, a 1.97% increase from the previous quarter (Q2 2024), and a 14.57% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $158.5M, a -4.09% decrease from the previous quarter (Q1 2024), and a 8.15% increase year-over-year (Q2 2023). OLED's quarterly revenue for Q1 2024 was $165.26M, a 4.38% increase from the previous quarter (Q4 2023), and a 26.67% increase year-over-year (Q1 2023).

What is Pangaea Logistics Solutions’s revenue growth rate?

Pangaea Logistics Solutions's revenue growth rate for the last 3 years (2021-2023) was 4.14%, and for the last 5 years (2019-2023) was 42.27%.

What are Pangaea Logistics Solutions’s revenue streams?

Pangaea Logistics Solutions's revenue streams in c 23 are Contract Research Services, Royalty And License Fees, and Material Sales. Contract Research Services generated $16.01M in revenue, accounting 2.78% of the company's total revenue, down -13.09% year-over-year. Royalty And License Fees generated $238.39M in revenue, accounting 41.36% of the company's total revenue, down -10.75% year-over-year. Material Sales generated $322.03M in revenue, accounting 55.87% of the company's total revenue, down -2.73% year-over-year.

What is Pangaea Logistics Solutions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Pangaea Logistics Solutions was Material Sales. This segment made a revenue of $322.03M, representing 55.87% of the company's total revenue.