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Pagaya Technologies PGY Financial Service — Revenue from fees

Other product segments

Network AI Fees
$266.9M+6.1%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Pagaya Technologies’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pagaya Technologies's financial service — revenue from fees?
Pagaya Technologies (PGY) reported financial service — revenue from fees of $32.1M in Q1 2026.
How has Pagaya Technologies's financial service — revenue from fees changed year-over-year?
Pagaya Technologies's financial service — revenue from fees increased by 2.9% year-over-year, from $31.2M to $32.1M.
What is the long-term trend for Pagaya Technologies's financial service — revenue from fees?
Over 4 years (2021 to 2025), Pagaya Technologies's financial service — revenue from fees has grown at a 22.4% compound annual growth rate (CAGR), from $58.8M to $131.9M.
What does financial service — revenue from fees mean?
This metric represents the total income generated by the financial services segment through service-based charges, transaction processing, or platform access fees. It reflects the core monetization of the company's credit analysis and lending infrastructure services provided to partners and institutional clients. Tracking this revenue stream is essential for evaluating the scalability and adoption of the company's proprietary technology within the broader credit ecosystem.