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Pagaya Technologies PGY Contingent consideration liability in connection with the acquisition of Theorem

Contingent consideration liability in connection with the acquisition of Theorem at other companies

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Other financials

Income statement

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Revenue$317.9M+9.6%
Gross profit$140.4M+14.2%
Operating income$80.0M+67.8%
Net income$24.7M+213%
EPS (diluted)$0.28+180%

Balance sheet

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Cash & equivalents$380.0M+65.5%
Total debt$507.6M+43.8%
Total equity$529.3M+57.8%
Total assets$1.6B+29.0%

Cash flow

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Operating cash flow$43.2M+25.4%
CapEx$3.2M-15.9%
Free cash flow$40.0M+30.5%

Valuation

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Market cap$1.26B-9.9%
Enterprise value$1.39B-8.8%
P/E12.8×
P/S-0.4×

Profitability

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Gross margin42.9%+0.4pp
Operating margin22.3%+12.4pp
Net margin7.4%+4.0pp
FCF margin17.6%

Returns & leverage

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Return on equity22.7%+12.8pp
Debt / equity-0.1×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by Pagaya Technologies in its filing.

Tagged under the XBRL concept pgy:NoncashOrPartNoncashAcquisitionContingentConsiderationLiability.

The official record: Pagaya Technologies’s 10-K/A, filed June 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pagaya Technologies's contingent consideration liability in connection with the acquisition of theorem?
Pagaya Technologies (PGY) reported contingent consideration liability in connection with the acquisition of theorem of $45.75K in Q4 2025.
How has Pagaya Technologies's contingent consideration liability in connection with the acquisition of theorem changed year-over-year?
Pagaya Technologies's contingent consideration liability in connection with the acquisition of theorem decreased by 97.0% year-over-year, from $1.52M to $45.75K.
What does contingent consideration liability in connection with the acquisition of theorem mean?
Represents the estimated fair value of potential future payments to sellers of an acquired business, contingent upon the achievement of specific performance milestones or financial targets. This metric highlights the company's risk exposure and potential future liabilities tied to the success of past acquisitions. It provides transparency into the total cost structure and integration risks associated with inorganic growth strategies.