Pagaya Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Transaction-Based Revenues	1,278	-	-	-	685.41	445.87
Net Interest Income	58.42	48.43	32.29	38.75	57.76	28.88
Net Interest Income Growth	81.31%	49.99%	-16.66%	-32.91%	100.01%	312.94%
Other Revenues	-6.74	-8.42	-4.59	0.49	5.76	-0.16
Revenue	1,329	1,301	1,032	812.05	748.93	474.59
Revenue Growth (YoY)	23.43%	26.07%	27.12%	8.43%	57.81%	379.33%
Cost of Revenue	1,033	-	-	-	1,000	480.4
Gross Profit	296.15	1,301	1,032	812.05	-251.51	-5.81
Operating Income	296.15	263.83	66.84	-24.4	-251.51	-5.81
Total Non-Operating Income (Expense)	-217.16	-131.79	-404.35	-131.32	-24.87	-55.84
Pretax Income	78.98	51.63	-421.12	-181.17	-276.37	-61.65
Provision for Income Taxes	-14.06	-19.75	24.58	15.57	16.4	7.88
Net Income	93.04	71.37	-445.7	-196.74	-292.77	-69.52
Minority Interest in Earnings	-5.15	-10.02	-44.29	-68.3	9.55	21.63
Net Income to Common	98.19	81.39	-401.41	-128.44	-302.32	-91.15
Shares Outstanding (Basic)	80	78	71	60	38	16
Shares Outstanding (Diluted)	92	83	71	60	38	16
Shares Change (YoY)	24.18%	17.24%	18.06%	56.95%	135.03%	1369.82%
EPS (Basic)	1.17	0.99	-5.66	-2.14	-8.22	-8.25
EPS (Diluted)	1.07	0.93	-5.66	-2.14	-8.22	-8.25
Free Cash Flow	154.28	273.53	31.9	-21.4	-62.41	43.19
Free Cash Flow Growth	-43.60%	757.57%	-	-	-	1266.68%
Free Cash Flow Per Share	1.67	3.29	0.45	-0.36	-1.63	2.65
Gross Margin	22.28%	100.00%	100.00%	100.00%	-33.58%	-1.22%
Operating Margin	22.28%	20.27%	6.48%	-3.00%	-33.58%	-1.22%
Profit Margin	7.00%	5.48%	-43.18%	-24.23%	-39.09%	-14.65%
FCF Margin	11.61%	21.02%	3.09%	-2.64%	-8.33%	9.10%
EBITDA	322.36	293.9	95.59	-5.27	-245.21	-4.99
EBITDA Margin	24.25%	22.58%	9.26%	-0.65%	-32.74%	-1.05%
EBIT	296.15	263.83	66.84	-24.4	-251.51	-5.81
EBIT Margin	22.28%	20.27%	6.48%	-3.00%	-33.58%	-1.22%
Effective Tax Rate	-17.80%	-38.25%	-5.84%	-8.59%	-5.93%	-12.77%

SEC Filings: 10-K · 10-Q