Pagaya Technologies Ltd. (PGY)

NASDAQ: PGY · Real-Time Price · USD

Compare

22.93

+0.90 (4.09%)

At close: Dec 18, 2025, 4:00 PM EST

23.26

+0.33 (1.44%)

Pre-market: Dec 19, 2025, 5:37 AM EST

Pagaya Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Operating Revenue	1,216	1,005	772.81	685.41	445.87	91.74	Upgrade
Other Revenue	29.97	27.7	39.24	63.51	28.72	7.27	Upgrade
Revenue	1,246	1,032	812.05	748.93	474.59	99.01	Upgrade
Revenue Growth (YoY)	28.33%	27.12%	8.43%	57.81%	379.33%	173.95%	Upgrade
Cost of Revenue	717.33	597.65	508.94	451.08	232.32	49.09	Upgrade
Gross Profit	528.62	434.6	303.11	297.84	242.26	49.93	Upgrade
Selling, General & Admin	233.93	287.09	253.12	398.42	181.86	16.34	Upgrade
Research & Development	74.74	76.57	74.38	150.93	66.21	12.33	Upgrade
Operating Expenses	308.67	363.66	327.51	549.35	248.07	28.67	Upgrade
Operating Income	219.95	70.94	-24.4	-251.51	-5.81	21.25	Upgrade
Other Non Operating Income (Expenses)	-486.65	-481.86	-156.77	-24.87	-55.84	-0.06	Upgrade
EBT Excluding Unusual Items	-266.7	-410.92	-181.17	-276.37	-61.65	21.2	Upgrade
Merger & Restructuring Charges	-4.1	-4.1	-	-	-	-	Upgrade
Other Unusual Items	-31.36	-6.1	-	-	-	-	Upgrade
Pretax Income	-210.99	-421.12	-181.17	-276.37	-61.65	21.2	Upgrade
Income Tax Expense	3.81	24.58	15.57	16.4	7.88	1.28	Upgrade
Earnings From Continuing Operations	-214.8	-445.7	-196.74	-292.77	-69.52	19.92	Upgrade
Minority Interest in Earnings	23.97	44.29	68.3	-9.55	-21.63	-5.45	Upgrade
Net Income	-190.83	-401.41	-128.44	-302.32	-91.15	14.47	Upgrade
Preferred Dividends & Other Adjustments	2.8	-	-	12.21	43.17	9.56	Upgrade
Net Income to Common	-193.63	-401.41	-128.44	-314.53	-134.32	4.91	Upgrade
Shares Outstanding (Basic)	76	71	60	38	16	16	Upgrade
Shares Outstanding (Diluted)	76	71	60	38	16	17	Upgrade
Shares Change (YoY)	13.23%	18.06%	56.95%	135.03%	-5.61%	8.22%	Upgrade
EPS (Basic)	-2.53	-5.66	-2.14	-8.22	-8.25	0.31	Upgrade
EPS (Diluted)	-2.53	-5.66	-2.14	-8.22	-8.25	0.27	Upgrade
Free Cash Flow	190.65	48.78	-10.61	-62.41	43.19	3.16	Upgrade
Free Cash Flow Per Share	2.49	0.69	-0.18	-1.63	2.65	0.18	Upgrade
Gross Margin	42.43%	42.10%	37.33%	39.77%	51.05%	50.42%	Upgrade
Operating Margin	17.65%	6.87%	-3.00%	-33.58%	-1.22%	21.47%	Upgrade
Profit Margin	-15.54%	-38.89%	-15.82%	-42.00%	-28.30%	4.96%	Upgrade
Free Cash Flow Margin	15.30%	4.73%	-1.31%	-8.33%	9.10%	3.19%	Upgrade
EBITDA	253.28	99.69	-5.27	-245.21	-4.99	21.54	Upgrade
EBITDA Margin	20.33%	9.66%	-0.65%	-32.74%	-1.05%	21.76%	Upgrade
D&A For EBITDA	33.33	28.75	19.13	6.29	0.82	0.29	Upgrade
EBIT	219.95	70.94	-24.4	-251.51	-5.81	21.25	Upgrade
EBIT Margin	17.65%	6.87%	-3.00%	-33.58%	-1.22%	21.47%	Upgrade
Effective Tax Rate	-	-	-	-	-	6.02%	Upgrade
Revenue as Reported	1,246	1,032	812.05	748.93	474.59	99.01	Upgrade

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q