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Pagaya Technologies PGY Total costs & expenses

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Segments

By segment

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Reportable Segment$288.36M-21.6%

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$1.78B-16.3%
Enterprise value$1.9B-14.0%
P/E18.1×
P/S1.3×-0.5×

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:CostsAndExpenses.

The source filing: Pagaya Technologies’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001883085-26-000031
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Technology, data and product development15,94019,444
Sales and marketing11,1329,594
General and administrative33,30646,183
Total Costs and Operating Expenses237,939242,304
Operating Income80,00547,685
Gains and (losses) on investments in loans and securities (2)(37,996)(29,024)
Other expenses, net (2)(15,466)(18,709)
Gains from extinguishment of debt767

Item 1. Financial Statements

FAQ

What is Pagaya Technologies's total costs & expenses?
Pagaya Technologies (PGY) reported total costs & expenses of $237.94M in Q1 2026.
How has Pagaya Technologies's total costs & expenses changed year-over-year?
Pagaya Technologies's total costs & expenses decreased by 1.8% year-over-year, from $242.3M to $237.94M.
What is the long-term trend for Pagaya Technologies's total costs & expenses?
Over 4 years (2021 to 2025), Pagaya Technologies's total costs & expenses has grown at a 21.2% compound annual growth rate (CAGR), from $480.4M to $1.04B.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company to generate revenue, including production, technology development, sales, marketing, and administrative overhead. It serves as a comprehensive measure of the company's operational efficiency and cost structure. Monitoring this figure helps stakeholders evaluate how effectively management controls expenditures relative to revenue growth.

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