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Pagaya Technologies PGY Total Cost of Revenue

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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:CostOfGoodsAndServicesSold.

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 total cost of revenue?
Pagaya Technologies (PGY) reported total cost of revenue of $177.56M in Q1 2026.
How has Pagaya Technologies's total cost of revenue changed year-over-year?
Pagaya Technologies's total cost of revenue increased by 6.3% year-over-year, from $167.08M to $177.56M.
What is the long-term trend for Pagaya Technologies's total cost of revenue?
Over 4 years (2021 to 2025), Pagaya Technologies's total cost of revenue has grown at a 34.0% compound annual growth rate (CAGR), from $232.32M to $749.17M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.