Pagaya Technologies Ltd. (PGY)

Pagaya Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	218.31	187.92	186.48	309.79	190.78	5.07
Short-Term Investments	-	7.8	2.49	1.01	10.16	57.57
Cash & Short-Term Investments	218.31	195.72	188.97	310.8	200.94	62.64
Cash Growth	37.87%	3.57%	-39.20%	54.67%	220.81%	320.17%
Accounts Receivable	154.98	112.22	79.53	59.22	32.33	12.81
Other Receivables	-	15.18	7.9	18.78	1.37	0.79
Receivables	154.98	127.4	87.42	78	33.7	13.6
Prepaid Expenses	-	7.56	6.72	7.09	3.35	0.41
Restricted Cash	46.45	18.6	16.87	22.54	7	-
Other Current Assets	-	2.21	3.42	1.38	1.55	0.33
Total Current Assets	419.74	351.48	303.4	419.82	246.54	76.97
Property, Plant & Equipment	64.57	74.85	97.29	92.74	7.65	1.53
Long-Term Investments	902.58	778.26	740.69	488.86	292.42	110.61
Goodwill	22.9	23.06	10.95	-	-	-
Other Intangible Assets	9.09	12.82	2.55	-	-	-
Long-Term Accounts Receivable	-	29.18	34.18	38.77	19.21	11.17
Long-Term Deferred Tax Assets	-	-	-	-	5.68	2.3
Long-Term Deferred Charges	-	-	-	-	11.97	-
Other Long-Term Assets	36.48	21.42	19.33	4.89	6.8	1.68
Total Assets	1,455	1,291	1,208	1,045	590.26	204.27
Accounts Payable	5.06	6.99	1.29	1.74	11.58	0.58
Accrued Expenses	31.48	16.33	10.35	14.48	15.19	2.74
Current Portion of Long-Term Debt	-	126.83	37.69	61.83	-	-
Current Portion of Leases	2.46	6.45	6.93	8.53	-	-
Current Income Taxes Payable	25.98	9.86	0.46	6.42	-	-
Other Current Liabilities	17.12	29.04	18.21	35.01	1.9	0.94
Total Current Liabilities	82.1	195.49	74.93	128.02	28.67	4.27
Long-Term Debt	767.46	516.92	324.03	92.8	37.91	-
Long-Term Leases	32.5	30.61	43.94	49.1	-	-
Long-Term Deferred Tax Liabilities	-	-	-	0.57	-	-
Other Long-Term Liabilities	7.38	32.25	25.48	9.17	39.28	5.88
Total Liabilities	889.44	775.28	468.38	279.66	105.86	10.15
Common Stock	-	-	-	-	-	0
Additional Paid-In Capital	1,381	1,282	1,102	968.43	113.17	0.31
Retained Earnings	-896.95	-944.04	-542.64	-414.2	-111.88	2.89
Comprehensive Income & Other	-45.29	-11.49	0.44	-0.71	-	-
Total Common Equity	438.3	326.49	559.72	553.52	1.29	3.2
Minority Interest	97.54	115.06	106.03	211.9	176.06	84.95
Shareholders' Equity	565.94	515.8	740	765.42	484.4	194.13
Total Liabilities & Equity	1,455	1,291	1,208	1,045	590.26	204.27
Total Debt	802.42	680.81	412.58	212.26	37.91	-
Net Cash (Debt)	-584.11	-485.09	-223.62	98.54	163.04	62.64
Net Cash Growth	-	-	-	-39.56%	160.29%	320.17%
Net Cash Per Share	-7.64	-6.84	-3.72	2.58	10.02	3.63
Filing Date Shares Outstanding	80.4	75.3	62.98	58.68	194.39	190.44
Total Common Shares Outstanding	80.13	73.88	62.04	56.94	194.39	190.44
Working Capital	337.65	155.99	228.48	291.8	217.86	72.71
Book Value Per Share	5.47	4.42	9.02	9.72	0.01	0.02
Tangible Book Value	406.3	290.61	546.23	553.52	1.29	3.2
Tangible Book Value Per Share	5.07	3.93	8.80	9.72	0.01	0.02
Machinery	-	92.09	67.34	38.28	8.2	1.58
Leasehold Improvements	-	1.08	0.95	0.92	0.68	0.38

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

SEC Filings: 10-K · 10-Q