PGY
Pagaya Technologies Ltd.
NASDAQ: PGY · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$12.92
-4.12% today
Updated 2026-04-29
Market cap
$1.07B
P/E ratio
13.89
P/S ratio
0.82x
EPS (TTM)
$0.93
Dividend yield
—
52W range
$10 – $45
Volume
3.2M
Pagaya Technologies Ltd. (PGY) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $36.14M | $91.74M | $445.87M | $685.41M | $772.81M | $1.00B | $1.26B |
| Revenue growth (YoY) | — | +153.8% | +386.0% | +53.7% | +12.8% | +30.0% | +25.6% |
| Cost of revenue | $27.97M | $49.09M | $232.32M | $451.08M | $508.94M | $597.65M | $749.17M |
| Gross profit | $8.17M | $42.66M | $213.54M | $234.33M | $263.87M | $406.90M | $512.17M |
| Gross margin | 22.6% | 46.5% | 47.9% | 34.2% | 34.1% | 40.5% | 40.6% |
| R&D | $5.43M | $12.33M | $66.21M | $150.93M | $74.38M | $76.57M | $75.21M |
| SG&A | $3.98M | $10.67M | $132.24M | $294.21M | $203.35M | $240.78M | $213.15M |
| Operating income | $-3.90M | $21.25M | $-5.81M | $-251.50M | $-24.40M | $66.84M | $223.81M |
| Operating margin | -10.8% | 23.2% | -1.3% | -36.7% | -3.2% | 6.7% | 17.7% |
| EBITDA | $-3.81M | $14.27M | $-33.72M | $-308.73M | $-44.51M | $67.89M | $81.70M |
| EBITDA margin | -10.6% | 15.6% | -7.6% | -45.0% | -5.8% | 6.8% | 6.5% |
| EBIT | $-3.90M | $13.98M | $-34.53M | $-315.02M | $-63.64M | $39.14M | $51.63M |
| Interest expense | $0.00 | $2.04M | $48.90M | $57.76M | — | — | — |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-5.62M | $14.47M | $-91.15M | $-302.32M | $-128.44M | $-401.41M | $81.39M |
| Net income growth (YoY) | — | +357.5% | -729.9% | -231.7% | +57.5% | -212.5% | +120.3% |
| Profit margin | -15.6% | 15.8% | -20.4% | -44.1% | -16.6% | -40.0% | 6.5% |