What is Pagaya Technologies's revenue?

Pagaya Technologies (PGY) generated $1.3B in revenue over the trailing twelve months, up 23.4% year over year.

Is Pagaya Technologies profitable?

Pagaya Technologies reported $98.2M in net income over the trailing twelve months, a 7.4% net margin.

What are Pagaya Technologies's profit margins?

Gross margin is 42.9% and operating margin is 22.3%, with a 7.4% net margin.

What is Pagaya Technologies's earnings per share?

Pagaya Technologies's diluted EPS over the trailing twelve months is $1.09.

Where does Pagaya Technologies's income statement data come from?

Every line is extracted from Pagaya Technologies's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Pagaya Technologies PGY Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Total interest income	$17.67M+17.0%	$15.1M+1.2%	$14.92M+38.9%	$10.74M+39.9%	$7.68M+0.7%
Total revenue	$317.94M-5.0%	$334.81M-4.4%	$350.17M+7.3%	$326.4M+12.6%	$289.99M+3.8%
Total cost of revenue	$177.56M-6.6%	$190.05M-5.2%	$200.57M+4.8%	$191.47M+14.6%	$167.08M+5.6%
Gross profit	$140.38M-3.0%	$144.76M-3.2%	$149.59M+10.9%	$134.93M+9.8%	$122.91M+1.4%
Gross margin	44.2%+0.9pp	43.2%+0.5pp	42.7%+1.4pp	41.3%-1.0pp	42.4%-1.0pp
Research and development	$15.94M-16.4%	$19.08M+4.6%	$18.24M-1.2%	$18.46M-5.1%	$19.44M+4.5%
Selling and marketing	$11.13M+12.6%	$9.88M-31.6%	$14.45M-26.5%	$19.66M+105%	$9.59M-37.6%
General and administrative	$33.31M-7.7%	$36.08M-2.3%	$36.94M-8.4%	$40.35M-12.6%	$46.18M-16.7%
Compensation and benefits	$7.2M—	——	——	——	$13.17M—
Depreciation and amortization	$3.86M-45.8%	$7.13M-6.7%	$7.64M+0.6%	$7.59M-1.7%	$7.72M-6.7%
Total costs & expenses	$237.94M-6.7%	$255.09M-5.6%	$270.21M+0.1%	$269.93M+11.4%	$242.3M-2.2%
Operating income	$80.01M+0.4%	$79.72M-0.3%	$79.96M+41.6%	$56.47M+18.4%	$47.69M+50.2%
Operating margin	25.2%+1.4pp	23.8%+1.0pp	22.8%+5.5pp	17.3%+0.9pp	16.4%+5.1pp
Other income (expense), net	-$15.47M-9.3%	-$14.15M+48.3%	-$27.38M+21.6%	-$34.93M-86.7%	-$18.71M+15.5%
Income from equity method investments	$1.29M+197%	-$1.33M+71.4%	-$4.64M-126%	-$2.06M-426%	-$391K+90.0%
Gain (loss) on extinguishment of debt	$767K—	——	-$24.96M—	——	$0—
Gain (loss) on disposal of assets	-$38M+14.0%	-$44.2M-126%	-$19.56M-61.8%	-$12.09M+61.2%	-$31.19M+87.5%
Net investment gains (losses)	$77.94M—	——	——	——	$5.89M—
Income before income taxes	$27.31M+23.7%	$22.07M+174%	$8.06M-62.6%	$21.54M+44,977%	-$48K+100.0%
Income tax expense	$3.15M+145%	-$6.97M+54.2%	-$15.21M-406%	$4.98M+296%	-$2.54M-115%
Net income	$24.69M-28.0%	$34.3M+52.1%	$22.55M+35.4%	$16.66M+111%	$7.89M+103%
Net margin	7.8%-2.5pp	10.2%+3.8pp	6.4%+1.3pp	5.1%+2.4pp	2.7%+87.9pp
Net income attributable to noncontrolling interests	-$533K—	——	——	——	-$5.4M—
Diluted earnings per share	$0.28-26.3%	$0.38+65.2%	$0.23+15.0%	$0.20+100%	$0.10+103%
Basic earnings per share	$0.29-31.0%	$0.42+55.6%	$0.27+35.0%	$0.20+100%	$0.10+103%
Weighted-average shares, diluted	96.7M+16.4%	83.1M-8.7%	91M+14.3%	79.7M+3.4%	77M+8.7%
Weighted-average shares, basic	82.7M+5.6%	78.3M-0.3%	78.5M+2.2%	76.9M+1.5%	75.8M+6.9%
Amortization Of Deferred Charges	$5.19M—	——	——	——	$2.4M—
Share-based compensation expense related to employee stock plans	$7.75M—	——	——	——	$14.13M—
Pre-tax stock-based compensation cost	$7.2M—	——	——	——	$13.17M—
Stock options excluded as their inclusion would be anti-dilutive (in shares)	21.5M—	——	——	——	36.3M—
Cash Acquired From Acquisition	$0—	——	——	——	$159K—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	$91.68M—	——	——	——	$3.12M—
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$40.74M—	——	——	——	-$7.99M—
Less: comprehensive income attributable to noncontrolling interest	$635K—	——	——	——	-$5.3M—
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$41.37M—	——	——	——	-$13.29M—
Impact to revenue from performance obligations satisfied (or partially satisfied) in previous periods	$100K—	——	——	——	$600K—
Debt Securities, Available-for-Sale, Allowance for Credit Loss, Writeoff	$0—	——	——	——	$436K—
Impairment for credit losses	-$49.74M—	——	——	——	-$43.43M—
Debt Securities, Available-for-Sale, Realized Loss	$85.7M—	——	——	——	$0—
Effect of exchange rate changes on cash, cash equivalents and restricted cash	$179K—	——	——	——	-$646K—
Effective tax rates	$0.12—	——	——	——	——
Fair Value, Measurement With Unobservable Inputs Reconciliation, Recurring Basis, Non Cash Transactions	$1.65M—	——	——	——	$0—
Gain (Loss), Foreign Currency Transaction, before Tax	-$176K-665%	-$23K—	——	-$1.28M-3,897%	-$32K-191%
Gain (Loss) On Extinguishment Of Debt, Noncash	$767K—	——	——	——	$0—
Goodwill And Intangible Asset Impairment	$1.87M+948%	$178K-96.2%	$4.74M—	$0—	$0-100%
Income (Loss) From Equity Method Investments Including Proprietary Investments	$1.29M+197%	-$1.33M+71.4%	-$4.64M-126%	-$2.06M-426%	-$391K+90.0%
Accounts payable	$598K—	——	$2.49M—	——	$3.02M+182%
Increase Decrease In Accrued Interest Receivable Net	$9.26M-35.5%	$14.36M—	——	——	$6.09M+23.7%
Increase in accrued expenses and other liabilities	-$11.26M-144%	$25.78M+201%	$8.58M+48.6%	$5.77M+150%	-$11.62M-524%
Income taxes	$4.89M+167%	-$7.32M—	——	——	-$2.27M-114%
Short- and long-term operating lease liabilities	-$1.82M+1.4%	-$1.85M-10.8%	-$1.67M-5.2%	-$1.59M-12.1%	-$1.42M-247%
Increase (Decrease) In Operating Right-Of-Use Asset	-$1.61M—	——	——	——	-$1.51M—
Increase (Decrease) in Other Operating Assets	-$1.65M-111%	$14.79M—	——	——	-$1.65M-261%
Increase (Decrease) in Other Receivables	$17.45M—	——	——	——	$8.84M+5.1%
Add: Weighted-average stock options (in shares)	785.5K—	——	——	——	784.8K—
Incremental Common Shares Attributable To Conversion Of Debt Securities	11.4M—	——	——	——	0—
Interest and Dividend Income, Operating	$17.67M+17.0%	$15.1M+1.2%	$14.92M+38.9%	$10.74M+39.9%	$7.68M+0.7%
After tax effect of debt interest	$2.73M—	——	——	——	$0—
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders	$6.13M—	——	——	——	$4.44M—
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	$64.24M+50.5%	$42.69M+248%	$12.26M-84.4%	$78.43M+2,175%	-$3.78M-108%
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	-$15.92M+84.1%	-$100.18M-74.7%	-$57.34M+54.2%	-$125.31M-366%	-$26.89M+15.3%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$43.18M-45.9%	$79.8M+19.0%	$67.05M+16.9%	$57.35M+66.6%	$34.43M+23.6%
Net Income Loss Attributable To Noncontrolling Interest	-$533K—	——	——	——	-$5.4M—
Net Income (Loss) Attributable to Parent, Diluted	$26.83M—	——	——	——	$7.4M—
Other comprehensive income (loss)	$17.21M—	——	——	——	-$15.78M—
Other income, net (Note 6)	-$15.47M-9.3%	-$14.15M+48.3%	-$27.38M+21.6%	-$34.93M-86.7%	-$18.71M+15.5%
Payments to Acquire Debt Securities, Available-for-Sale	$209.07M-22.9%	$271.11M—	——	——	$81.94M-47.2%
Payments to Acquire Property, Plant, and Equipment	$3.18M+2.9%	$3.09M-4.8%	$3.24M-14.7%	$3.8M+0.6%	$3.78M-5.0%
Payments to Noncontrolling Interests	$6.13M—	——	——	——	$4.44M—
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options	$802K+112%	$378K-85.3%	$2.57M+130%	$1.12M-60.9%	$2.86M+1,872%
Proceeds from sales and redemptions of investments in debt securities classified as available for sale	$183.77M—	——	——	——	$57.88M—
Proceeds from disposition of marketable securities and other investments	$196.33M—	——	$48.85M-30.9%	$70.68M+20.5%	$58.67M-52.4%
Repayments Of Other Long Term Debt	$6.46M+6.9%	$6.05M-98.2%	$338.77M+7,537%	$4.44M-0.1%	$4.44M0.0%
Repayments of Secured Debt	$87.99M—	——	——	——	$46.92M—
Revenue From Contract With Customer Excluding Assessed Tax	$298.99M-6.9%	$321.04M-5.5%	$339.89M+7.0%	$317.71M+12.4%	$282.7M+2.6%
Number of revenue streams	2—	——	——	——	2—
Stock-based compensation	$7.2M-21.2%	$9.14M-32.7%	$13.58M-25.5%	$18.23M+38.4%	$13.17M-15.8%
Granted (in shares)	0—	——	——	——	2.5K—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Forfeitures in Period	10.5K—	——	——	——	56.8K—
Intrinsic value of stock options exercised	$200K—	——	——	——	$1.7M—
Granted (in shares)	$0.00—	——	——	——	$9.70—
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1	$700K—	——	——	——	$1.5M—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercises in Period	17.5K—	——	——	——	376.6K—
Stock issued for employee stock purchase plan	$685K—	——	——	——	$592K—
Stock Issued During Period, Value, Stock Options Exercised	$117K—	——	——	——	$2.27M—
Undistributed Earnings Loss Allocated To Participating Securities Basic	$591K—	——	$1.26M+23.8%	$1.02M+108%	$489K—
EBIT	$80.01M+0.4%	$79.72M-0.3%	$79.96M+41.6%	$56.47M+18.4%	$47.69M+50.2%
EBITDA	$83.87M-3.4%	$86.84M-0.9%	$87.59M+36.7%	$64.06M+15.6%	$55.41M+38.5%
EBITDA	$83.87M-3.4%	$86.84M-0.9%	$87.59M+36.7%	$64.06M+15.6%	$55.41M+38.5%
EBITDA margin	26.4%+0.4pp	25.9%+0.9pp	25%+5.4pp	19.6%+0.5pp	19.1%+4.8pp
EBIT	$80.01M+0.4%	$79.72M-0.3%	$79.96M+41.6%	$56.47M+18.4%	$47.69M+50.2%

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Pagaya Technologies.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Pagaya Technologies's revenue?: Pagaya Technologies (PGY) generated $1.3B in revenue over the trailing twelve months, up 23.4% year over year.
Is Pagaya Technologies profitable?: Pagaya Technologies reported $98.2M in net income over the trailing twelve months, a 7.4% net margin.
What are Pagaya Technologies's profit margins?: Gross margin is 42.9% and operating margin is 22.3%, with a 7.4% net margin.
What is Pagaya Technologies's earnings per share?: Pagaya Technologies's diluted EPS over the trailing twelve months is $1.09.
Where does Pagaya Technologies's income statement data come from?: Every line is extracted from Pagaya Technologies's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.