Pagaya Technologies Ltd. (PGY) — Financial statements
Income statement, balance sheet, and cash flow for Pagaya Technologies Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,261↑25.6% | 1,005↑30.0% | 773↑12.8% | 685↑53.7% | 446 | |
| Cost of Revenue | 749↑25.4% | 598↑17.4% | 509↑12.8% | 451↑94.2% | 232 | |
| Gross Profit | 512↑25.9% | 407↑54.2% | 264↑12.6% | 234↑9.7% | 214 | |
| Operating Expenses | ||||||
| R&D Expenses | 75↓1.8% | 77↑2.9% | 74↓50.7% | 151↑128.0% | 66 | |
| General & Administrative Expenses | 0.00↓100.0% | 241↑18.4% | 203↓30.9% | 294↑122.5% | 132 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 50↑1.3% | 50↓52.2% | 104↑110.0% | 50 | |
| SG&A Expenses | 213↓26.8% | 291↑15.0% | 253↓36.5% | 398↑119.1% | 182 | |
| Other Expenses | 0.00↑100.0% | -28↑29.4% | -39↑38.2% | -64↓121.1% | -29 | |
| Operating Expenses | 288↓15.2% | 340↑18.0% | 288↓40.7% | 486↑121.5% | 219 | |
| Total Costs & Expenses | 1,038↑10.6% | 938↑17.6% | 797↓14.9% | 937↑107.4% | 452 | |
| Operating Results | ||||||
| Operating Income | 224↑234.8% | 67↑373.9% | -24↑90.3% | -252↓4229.6% | -6 | |
| Depreciation & Amortization | 30↑4.6% | 29↑50.3% | 19↑203.9% | 6↑672.3% | 0.82 | |
| EBITDA | 82↑20.3% | 68↑252.5% | -45↑85.6% | -309↓815.7% | -34 | |
| EBIT | 52↑31.9% | 39↑161.5% | -64↑79.8% | -315↓812.3% | -35 | |
| Interest & Other Income | ||||||
| Net Interest Income | 40↑23.9% | 32↓16.7% | 39↓32.9% | 58↑100.0% | 29 | |
| Interest Income | 40↑23.9% | 32↓16.7% | 39↓32.9% | 58↑100.0% | 29 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | 172↑521.6% | 28↓29.4% | 39↓38.2% | 64↑121.1% | 29 | |
| Other Income / Expenses | -172↑64.7% | -488↓211.3% | -157↓530.4% | -25↑55.5% | -56 | |
| Income Before Tax | 52↑112.3% | -421↓132.4% | -181↑34.4% | -276↓348.3% | -62 | |
| Income Tax Expense | -20↓180.3% | 25↑57.8% | 16↓5.1% | 16↑108.3% | 8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 71↑116.0% | -446↓126.5% | -197↑32.8% | -293↓321.1% | -70 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 81↑120.3% | -401↓212.5% | -128↑57.5% | -302↓231.7% | -91 | |
| Bottom-Line Net Income | 81↑120.3% | -401↓212.5% | -128↑59.2% | -315↓134.2% | -134 | |
| EPS (Basic) | 1.04↑118.4% | -5.66↓164.5% | -2.14↑72.0% | -7.65↓79.2% | -4.27 | |
| EPS (Diluted) | 0.93↑116.4% | -5.66↓164.5% | -2.14↑72.0% | -7.65↓79.2% | -4.27 | |
| Weighted Average Shares | 78↑10.5% | 71↑18.1% | 60↑56.9% | 38↑135.0% | 16 | |
| Weighted Average Diluted Shares | 83↑17.2% | 71↑18.1% | 60↑56.9% | 38↑135.0% | 16 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.