Pagaya Technologies Ltd. (PGY)

NASDAQ: PGY · Real-Time Price · USD

36.88

-0.84 (-2.23%)

At close: Aug 29, 2025, 4:00 PM

36.91

+0.03 (0.08%)

After-hours: Aug 29, 2025, 7:58 PM EDT

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	2020
Period Ending	Jun '25 Jun 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	2020
Operating Revenue	1,125	1,005	772.81	685.41	445.87	91.74	Upgrade
Other Revenue	27.65	27.7	39.24	63.51	28.72	7.27	Upgrade
Revenue	1,153	1,032	812.05	748.93	474.59	99.01	Upgrade
Revenue Growth (YoY)	24.59%	27.12%	8.43%	57.81%	379.33%	173.95%	Upgrade
Cost of Revenue	665.72	597.65	508.94	451.08	232.32	49.09	Upgrade
Gross Profit	487.3	434.6	303.11	297.84	242.26	49.93	Upgrade
Selling, General & Admin	251.77	287.09	253.12	398.42	181.86	16.34	Upgrade
Research & Development	73.16	76.57	74.38	150.93	66.21	12.33	Upgrade
Operating Expenses	324.92	363.66	327.51	549.35	248.07	28.67	Upgrade
Operating Income	162.38	70.94	-24.4	-251.51	-5.81	21.25	Upgrade
Other Non Operating Income (Expenses)	-456.98	-481.86	-156.77	-24.87	-55.84	-0.06	Upgrade
EBT Excluding Unusual Items	-294.6	-410.92	-181.17	-276.37	-61.65	21.2	Upgrade
Merger & Restructuring Charges	-4.1	-4.1	-	-	-	-	Upgrade
Other Unusual Items	-6.1	-6.1	-	-	-	-	Upgrade
Pretax Income	-304.8	-421.12	-181.17	-276.37	-61.65	21.2	Upgrade
Income Tax Expense	7.5	24.58	15.57	16.4	7.88	1.28	Upgrade
Earnings From Continuing Operations	-312.3	-445.7	-196.74	-292.77	-69.52	19.92	Upgrade
Minority Interest in Earnings	31.45	44.29	68.3	-9.55	-21.63	-5.45	Upgrade
Net Income	-280.85	-401.41	-128.44	-302.32	-91.15	14.47	Upgrade
Preferred Dividends & Other Adjustments	1.51	-	-	12.21	43.17	9.56	Upgrade
Net Income to Common	-282.36	-401.41	-128.44	-314.53	-134.32	4.91	Upgrade
Shares Outstanding (Basic)	75	71	60	38	16	16	Upgrade
Shares Outstanding (Diluted)	75	71	60	38	16	17	Upgrade
Shares Change (YoY)	16.45%	18.06%	56.95%	135.03%	-5.61%	8.22%	Upgrade
EPS (Basic)	-3.76	-5.66	-2.14	-8.22	-8.25	0.31	Upgrade
EPS (Diluted)	-3.77	-5.66	-2.14	-8.22	-8.25	0.27	Upgrade
Free Cash Flow	115.51	48.78	-10.61	-62.41	43.19	3.16	Upgrade
Free Cash Flow Per Share	1.54	0.69	-0.18	-1.63	2.65	0.18	Upgrade
Gross Margin	42.26%	42.10%	37.33%	39.77%	51.05%	50.42%	Upgrade
Operating Margin	14.08%	6.87%	-3.00%	-33.58%	-1.22%	21.47%	Upgrade
Profit Margin	-24.49%	-38.89%	-15.82%	-42.00%	-28.30%	4.96%	Upgrade
Free Cash Flow Margin	10.02%	4.73%	-1.31%	-8.33%	9.10%	3.19%	Upgrade
EBITDA	193.09	99.69	-5.27	-245.21	-4.99	21.54	Upgrade
EBITDA Margin	16.75%	9.66%	-0.65%	-32.74%	-1.05%	21.76%	Upgrade
D&A For EBITDA	30.71	28.75	19.13	6.29	0.82	0.29	Upgrade
EBIT	162.38	70.94	-24.4	-251.51	-5.81	21.25	Upgrade
EBIT Margin	14.08%	6.87%	-3.00%	-33.58%	-1.22%	21.47%	Upgrade
Effective Tax Rate	-	-	-	-	-	6.02%	Upgrade
Revenue as Reported	1,153	1,032	812.05	748.93	474.59	99.01	Upgrade

Updated Aug 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q