Pagaya Technologies Ltd.

Pagaya Technologies Ltd.

PGY
Pagaya Technologies Ltd.US flagNASDAQ Capital Market
17.62
USD
-1.10
- -
1.47BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.62
7.88
17.92
12.87
14.17
16.1
16.25
Basic EPS, GAAP
0.26
-1.61
-7.9
-2.14
-5.66
1.04
1.55
Free Cash Flow per Basic Share
0.06
0.76
-1.63
-0.7
0.35
2.87
3.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.06
- -
9.72
9.02
4.42
5.85
7.13
Tangible Book Value per Share
0.06
- -
9.72
8.8
3.93
5.48
6.8
Basic Weighted Avg Shares
57
57
38
60
71
78
82
Sales/Revenue/Turnover
92
446
685
773
1,005
1,261
1,326
Operating Margin (%)
15.24
-7.74
-45.96
-8.23
3.9
17.74
21.2
Depreciation Expense
- -
1
6
19
29
30
23
Net Income, GAAP
14
-91
-302
-128
-401
81
127
Effective Tax Rate (%)
6.02
- -
- -
- -
- -
- -
11.53
Profit Margin (%)
15.77
-20.44
-44.11
-16.62
-39.96
6.45
9.57
Working Capital
73
218
292
228
1,050
1,323
1,456
LT Debt
- -
38
142
368
644
824
875
Total Equity
194
484
765
666
442
555
649
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-4,058.37
-108.98
-23.07
-90.59
20.18
26.39

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
34
147
32
LT Borrowings
824
781
875
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
82
83
83
Market Capitalization
1,715
964
1,521

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,455
1,544
1,594
Cash, Cash Equivalents & STI
1,194
1,259
1,289
Accounts Receivable, Net
153
171
190
Inventories
- -
- -
- -
Total Current Liabilities
131
238
139
Payables & Accruals
74
91
106
ST Debt
34
147
32
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
37.32%
25.77%
Free Cash Flow
- -
329.47%
816.69%
Net Income, GAAP
- -
-92.71%
-120.28%
Sales/Revenue/Turnover
- -
101.61%
25.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
237
243
249
276
1,005
2025
283
318
340
321
1,261
2026
299
366
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.33
-1.04
-0.93
- -
-5.66
2025
0.1
0.22
0.29
0.42
1.04
2026
0.3
0.54
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gal Krubiner
Full Time Employees
493
Sector
Technology
Industry
Software - Infrastructure
Address
335 Madison Ave New York NY United States of America 10017
IPO Date
Apr 21, 2021
Website
pagaya.com
Business
Pagaya Technologies Ltd. Pagaya Technologies Ltd. (NASDAQ: PGY) operates as an AI-driven financial technology company that provides machine learning-based infrastructure to financial institutions, enabling loan origination, underwriting, and risk management across consumer credit products including personal loans, auto loans, point-of-sale financing, buy now pay later options, and residential real estate solutions; its proprietary platform features a decision engine for credit assessment, marketing tools like PGY Affiliates and Prescreen for customer acquisition, intelligence products for portfolio optimization and fraud detection, dynamic verification for faster conversions, and compliance services integrated via API into partner networks. Founded in 2016 with dual headquarters in New York and Tel Aviv, Israel, the company primarily generates revenue from the United States while serving global partners through its network connecting lenders, banks, and investors to expand credit access without assuming credit risk. Recent developments include the acquisition of Theorem Technology, Inc. in 2024 to bolster consumer credit funds management, an inaugural auto forward flow agreement with Castlelake for up to $500 million in loans announced in November 2025 raising total forward flow capacity to approximately $5.5 billion since year-end 2024, a partnership with One William Street Capital Management for residual certificates in a AAA-rated auto ABS securitization, closure of a second $300 million AAA-rated POSH revolving ABS transaction, issuance of $500 million in corporate debt rated by major agencies, expansion of its revolving credit facility to $132 million at reduced rates, and a strategic partnership with Klarna alongside a $300 million bond backed by BNPL loans, all contributing to record Q3 2025 results with $350 million in revenue, $107 million adjusted EBITDA, and raised full-year guidance.

Company News

  • Pagaya Technologies: A High-Conviction Satellite Bet With 20%+ Projected IRR

  • Pagaya Closes 24-Month $460 Million Revolving Personal Loan Facility

  • KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2026-6 and Pagaya AI Debt Trust 2026-6

  • Tami Rosen Sells 8,504 Shares of Pagaya Technologies (NASDAQ:PGY) Stock

  • Pagaya: The Growth Narrative Is Getting Harder To Ignore

  • Pagaya Technologies Ltd. (PGY) Upgraded to Strong Buy: Here's What You Should Know

  • Will Pagaya's $700M Neuberger Deal Help Accelerate Auto Growth?

  • Pagaya Technologies: Strong Auto Growth And Rising Profitability At A Low Valuation

  • Pagaya: A Round Trip To Nowhere Hides A Doubling In Profits

  • Pagaya Technologies Is A Buy Despite The Rising Interest Rate Environment

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  • Pagaya Technologies Ltd. (PGY) is a Top-Ranked Growth Stock: Should You Buy?

  • Pagaya Appoints Payments Pioneer Jason Gardner to Board of Directors

  • Pagaya Signs Auto Forward Flow Agreement with Neuberger Specialty Finance Expanding Long-Term, Committed Capital Strategy

  • Pagaya Technologies Ltd. (PGY) Falls More Steeply Than Broader Market: What Investors Need to Know

  • 6 Top Stocks With Strong Earnings Growth Trading Well Below 52-Week Highs

  • Pagaya's AI Lending Flywheel Gains Speed: What's Next for PGY?

  • PGY vs. ENVA: Which Technology-Driven Lending Stock Is the Better Buy?

  • Best Value Stocks to Buy for September 10th