PGY
Pagaya Technologies Ltd.
NASDAQ · Technology · Software - Infrastructure · IL
$22.80
−0.38%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.3B | 1.3B | 1.0B | 772.8M | 685.4M |
| Cost of Revenue | 786.9M | 749.2M | 597.7M | 508.9M | 451.1M |
| Gross Profit | 538.7M | 512.2M | 406.9M | 263.9M | 234.3M |
| Operating Expenses | |||||
| R&D Expense | 70.6M | 75.2M | 76.6M | 74.4M | 150.9M |
| SG&A Expense | 187.0M | 213.2M | 291.2M | 253.1M | 398.4M |
| General & Admin Expense | 141.4M | 159.6M | 240.8M | 203.4M | 294.2M |
| Selling & Marketing Expense | 45.6M | 53.6M | 50.4M | 49.8M | 104.2M |
| Other Expenses | — | — | (27.7M) | (39.2M) | — |
| Total Operating Expenses | 257.6M | 288.4M | 340.1M | 288.3M | 549.3M |
| Cost and Expenses | 1.0B | 1.0B | 937.7M | 797.2M | 1.0B |
| Operating Income (EBIT) | 281.1M | 223.8M | 66.8M | (24.4M) | (315.0M) |
| Non-Operating | |||||
| Interest Income | 69.9M | 48.4M | 32.3M | 38.7M | 57.8M |
| Interest Expense | — | — | — | — | — |
| Net Interest Income | 69.9M | 48.4M | 32.3M | 38.7M | 57.8M |
| Other Non-Op Income/Expense | (182.4M) | (172.2M) | (488.0M) | (156.8M) | 38.6M |
| Non-Operating Income (excl Interest) | 182.4M | 172.2M | 27.7M | 39.2M | — |
| EBT (Pre-Tax Income) | 98.7M | 51.6M | (421.1M) | (181.2M) | (276.4M) |
| Income Tax Expense | (20.1M) | (19.7M) | 24.6M | 15.6M | 16.4M |
| Bottom Line | |||||
| Net Income | 126.8M | 81.4M | (401.4M) | (128.4M) | (302.3M) |
| Earnings from Cont. Ops | 118.8M | 71.4M | (445.7M) | (196.7M) | (292.8M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 122.6M | 77.3M | (401.4M) | (128.4M) | (314.5M) |
| Per Share | |||||
| Basic EPS | $1.50 | $0.99 | ($5.66) | ($2.14) | ($8.28) |
| Diluted EPS | $1.37 | $0.93 | ($5.66) | ($2.14) | ($8.28) |
| Revenue Per Share | $15.94 | $16.10 | $14.17 | $12.88 | $17.92 |
| Shares | |||||
| Basic Shares Outstanding | 83.2M | 78.3M | 70.9M | 60.0M | 38.3M |
| Diluted Shares Outstanding | 97.2M | 83.1M | 70.9M | 60.0M | 58.3M |
| Profitability Metrics | |||||
| EBITDA | 121.2M | 81.7M | 67.9M | (44.5M) | (308.7M) |
| D&A | 22.5M | 30.1M | 28.8M | 19.1M | 6.3M |
| EBIT | 98.7M | 51.6M | 39.1M | (63.6M) | (315.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026