Pagaya Technologies Ltd. (PGY)

Pagaya Technologies Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	249.26	235.33	187.92	186.48	309.79	190.78
Short-Term Investments	1,040	945.27	778.41	2.49	1.01	10.16
Cash & Short-Term Investments	1,289	1,181	966.33	188.97	310.8	200.94
Cash Growth	530.49%	22.17%	411.37%	-39.20%	54.67%	220.81%
Accounts Receivable	202.87	166.25	127.11	79.53	59.22	32.33
Other Receivables	-	-	-	7.9	18.78	1.37
Receivables	202.87	166.25	127.11	87.42	78	33.7
Prepaid Expenses	-	6.93	7.56	6.72	7.09	3.35
Restricted Cash	55.17	53.02	38.6	16.87	22.54	7
Other Current Assets	-	-	-	3.42	1.38	1.55
Total Current Assets	1,547	1,407	1,140	303.4	419.82	246.54
Property, Plant & Equipment	59.98	60.8	74.85	97.29	92.74	7.65
Long-Term Investments	11.3	13.52	21.93	740.69	488.86	292.42
Goodwill	22.9	22.9	23.06	10.95	-	-
Other Intangible Assets	4.8	7.66	12.82	2.55	-	-
Long-Term Accounts Receivable	-	-	-	34.18	38.77	19.21
Long-Term Deferred Tax Assets	-	-	-	-	-	5.68
Long-Term Deferred Charges	-	-	-	-	-	11.97
Other Long-Term Assets	46.71	34.24	18.81	19.33	4.89	6.8
Total Assets	1,693	1,546	1,291	1,208	1,045	590.26

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	4.05	3.93	6.99	1.29	1.74	11.58
Accrued Expenses	55.42	40.28	23.5	10.35	14.48	15.19
Current Portion of Long-Term Debt	-	-	-	37.69	61.83	-
Current Portion of Leases	-	10.09	-	6.93	8.53	-
Current Income Taxes Payable	21.91	18.69	41.22	0.46	6.42	-
Current Unearned Revenue	3.6	8	-	-	-	-
Other Current Liabilities	21.12	26.36	21.86	18.21	35.01	1.9
Total Current Liabilities	106.1	107.34	93.57	74.93	128.02	28.67
Long-Term Debt	874.93	824.27	643.75	324.03	92.8	37.91
Long-Term Leases	32.41	24.13	37.06	43.94	49.1	-
Long-Term Deferred Tax Liabilities	-	-	-	-	0.57	-
Other Long-Term Liabilities	0.78	4.72	0.89	25.48	9.17	39.28
Total Liabilities	1,014	960.46	775.28	468.38	279.66	105.86

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Additional Paid-In Capital	1,409	1,391	1,282	1,102	968.43	113.17
Retained Earnings	-792.69	-862.65	-944.04	-542.64	-414.2	-111.88
Comprehensive Income & Other	-21.99	-48.32	-11.49	0.44	-0.71	-
Total Common Equity	594.15	480.02	326.49	559.72	553.52	1.29
Minority Interest	54.63	75.33	115.06	106.03	211.9	176.06
Shareholders' Equity	678.89	585.45	515.8	740	765.42	484.4
Total Liabilities & Equity	1,693	1,546	1,291	1,208	1,045	590.26

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	907.34	858.48	680.81	412.58	212.26	37.91
Net Cash (Debt)	382.03	322.11	285.52	-223.62	98.54	163.04
Net Cash Growth	-	12.82%	-	-	-39.56%	160.29%
Net Cash Per Share	4.13	3.88	4.03	-3.72	2.58	10.02
Filing Date Shares Outstanding	83.43	82.53	75.3	62.98	58.68	194.39
Total Common Shares Outstanding	83.34	82.04	73.88	62.04	56.94	194.39
Working Capital	1,441	1,299	1,046	228.48	291.8	217.86
Book Value Per Share	7.13	5.85	4.42	9.02	9.72	0.01
Tangible Book Value	566.45	449.45	290.61	546.23	553.52	1.29
Tangible Book Value Per Share	6.80	5.48	3.93	8.80	9.72	0.01
Machinery	-	109.74	92.09	67.34	38.28	8.2
Leasehold Improvements	-	1.11	1.08	0.95	0.92	0.68

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

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