Pagaya Technologies Ltd. (PGY)
NASDAQ: PGY · Real-Time Price · USD
21.82
+0.14 (0.65%)
At close: Aug 24, 2026, 4:00 PM EDT
21.98
+0.16 (0.71%)
After-hours: Aug 24, 2026, 7:59 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Operating Revenue | 1,326 | 1,261 | 1,005 | 772.81 | 685.41 | 445.87 |
Other Revenue | 64.41 | 40.02 | 27.7 | 39.24 | 63.51 | 28.72 |
| 1,390 | 1,301 | 1,032 | 812.05 | 748.93 | 474.59 | |
Revenue Growth | 20.55% | 26.07% | 27.12% | 8.43% | 57.81% | 379.33% |
Cost of Revenue | 786.9 | 749.17 | 597.65 | 508.94 | 451.08 | 232.32 |
Gross Profit | 603.06 | 552.19 | 434.6 | 303.11 | 297.84 | 242.26 |
Selling, General & Admin | 186.98 | 213.15 | 291.09 | 253.02 | 398.42 | 181.86 |
Research & Development | 70.6 | 75.21 | 76.57 | 74.38 | 150.93 | 66.21 |
Operating Expenses | 257.59 | 288.36 | 367.66 | 327.41 | 549.35 | 248.07 |
Operating Income | 345.48 | 263.83 | 66.94 | -24.3 | -251.51 | -5.81 |
Other Non Operating Income (Expenses) | -79.77 | -80.22 | -77.51 | -25.45 | -24.87 | -55.84 |
EBT Excluding Unusual Items | 265.71 | 183.61 | -10.57 | -49.75 | -276.37 | -61.65 |
Merger & Restructuring Charges | - | - | -0.1 | -0.1 | - | - |
Gain (Loss) on Sale of Investments | -144.07 | -107.03 | -404.15 | -131.32 | - | - |
Other Unusual Items | -22.96 | -24.96 | -6.3 | - | - | - |
Pretax Income | 98.69 | 51.63 | -421.12 | -181.17 | -276.37 | -61.65 |
Income Tax Expense | -20.12 | -19.75 | 24.58 | 15.57 | 16.4 | 7.88 |
Earnings From Continuing Operations | 118.81 | 71.37 | -445.7 | -196.74 | -292.77 | -69.52 |
Minority Interest in Earnings | 8 | 10.02 | 44.29 | 68.3 | -9.55 | -21.63 |
Net Income | 126.81 | 81.39 | -401.41 | -128.44 | -302.32 | -91.15 |
Preferred Dividends & Other Adjustments | 4.27 | 4.11 | - | - | 12.21 | 43.17 |
Net Income to Common | 122.54 | 77.28 | -401.41 | -128.44 | -314.53 | -134.32 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 82 | 78 | 71 | 60 | 38 | 16 |
Shares Outstanding (Diluted) | 92 | 83 | 71 | 60 | 38 | 16 |
Shares Change | 23.24% | 17.24% | 18.06% | 56.95% | 135.03% | -5.61% |
EPS (Basic) | 1.50 | 0.99 | -5.66 | -2.14 | -8.22 | -8.25 |
EPS (Diluted) | 1.39 | 0.93 | -5.66 | -2.14 | -8.22 | -8.25 |
EPS Growth | - | - | - | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 235.78 | 208.72 | 30.01 | -41.85 | -62.41 | 43.19 |
Free Cash Flow Per Share | 2.55 | 2.51 | 0.42 | -0.70 | -1.63 | 2.65 |
Gross Margin | 43.39% | 42.43% | 42.10% | 37.33% | 39.77% | 51.05% |
Operating Margin | 24.86% | 20.27% | 6.49% | -2.99% | -33.58% | -1.22% |
Profit Margin | 8.82% | 5.94% | -38.89% | -15.82% | -42.00% | -28.30% |
Free Cash Flow Margin | 16.96% | 16.04% | 2.91% | -5.15% | -8.33% | 9.10% |
EBITDA | 351.62 | 270 | 69.19 | -5.17 | -245.21 | -4.99 |
EBITDA Margin | 25.30% | 20.75% | 6.70% | -0.64% | -32.74% | -1.05% |
D&A For EBITDA | 6.14 | 6.18 | 2.25 | 19.13 | 6.29 | 0.82 |
EBIT | 345.48 | 263.83 | 66.94 | -24.3 | -251.51 | -5.81 |
EBIT Margin | 24.86% | 20.27% | 6.49% | -2.99% | -33.58% | -1.22% |
Revenue as Reported | 1,390 | 1,301 | 1,032 | 812.05 | 748.93 | 474.59 |