Pagaya Technologies Ltd. (PGY)

NASDAQ: PGY · Real-Time Price · USD

11.68

+0.40 (3.55%)

At close: Mar 4, 2026, 4:00 PM EST

11.69

+0.01 (0.09%)

After-hours: Mar 4, 2026, 6:10 PM EST

Pagaya Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	71.37	-445.7	-196.74	-292.77	-69.52
Depreciation & Amortization	30.08	28.75	19.13	6.29	0.82
Stock-Based Compensation	54.12	61.5	71.06	241.69	67.79
Other Adjustments	156.32	421.88	137.02	46.73	50.22
Changes in Accounts Payable	3.42	5.68	-0.45	-9.84	11
Changes in Accrued Expenses	28.52	6.86	-17.77	32.4	13.41
Changes in Income Taxes Payable	-22.53	21.16	5.02	8.63	8.4
Changes in Other Operating Activities	-82.68	-52.38	-38.92	-73.13	-32.29
Operating Cash Flow	238.62	47.75	-21.66	-40	49.81
Operating Cash Flow Growth	399.72%	-	-	-	1070.10%
Capital Expenditures	-13.9	-17.74	-20.19	-22.41	-6.62
Purchases of Intangible Assets	-	-5.5	-	-	-
Purchases of Investments	-632.18	-694.12	-566.17	-361.38	-225.36
Proceeds from Sale of Investments	352.22	246.57	203.3	118.37	91.24
Payments for Business Acquisitions	0.16	-9.09	-	-	-
Other Investing Activities	-16	-	1.61	-	-
Investing Cash Flow	-309.71	-479.88	-381.46	-265.42	-140.74
Short-Term Debt Issued	-	59	130	42.1	-
Short-Term Debt Repaid	-	-149	-55	-27.1	-
Net Short-Term Debt Issued (Repaid)	-	-90	75	15	-
Long-Term Debt Issued	455.97	759.5	338.47	139.41	37.91
Long-Term Debt Repaid	-695.04	-375.43	-206.39	-37.69	-
Net Long-Term Debt Issued (Repaid)	-239.07	384.07	132.08	101.73	37.91
Issuance of Common Stock	6.92	105.13	32.23	293.49	21.15
Repurchase of Common Stock	-	-	-0.65	-	-
Net Common Stock Issued (Repurchased)	6.92	105.13	31.58	293.49	21.15
Issuance of Preferred Stock	-	-	74.25	-	173.05
Net Preferred Stock Issued (Repurchased)	-	-	74.25	-	173.05
Other Financing Activities	-38.25	37.49	-23.81	27.71	57.52
Financing Cash Flow	129.6	436.69	289.1	437.92	289.62
Effect of Exchange Rate Changes on Cash and Cash Equivalents	3.32	-0.59	-0.52	-	-
Net Cash Flow	61.83	3.98	-114.54	132.5	198.7
Free Cash Flow	224.72	30.01	-41.85	-62.41	43.19
Free Cash Flow Growth	648.71%	-	-	-	1266.68%
FCF Margin	17.27%	2.91%	-5.15%	-8.33%	9.10%
Free Cash Flow Per Share	2.70	0.42	-0.70	-1.63	2.65
Levered Free Cash Flow	-214.78	-115	25.46	-255.85	-101.71
Unlevered Free Cash Flow	307.64	63.07	-79.68	-324.48	-11.84

Updated Dec 31, 2025. Data Source: Fiscal.ai. Capital Markets template. Financial Sources.

SEC Filings: 10-K · 10-Q