Pagaya Technologies Quarterly Income Statement
NASDAQ: PGYFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pagaya Technologies revenue and earnings
In the quarter ended Jun 30, 2026, Pagaya Technologies generated $387.0 million in revenue, up 18.6% from the same quarter a year earlier. Net income was $45.3 million (+171.8% year over year), for a net margin of 11.7% versus a median of 6.4% in the prior 5 quarters. Gross margin was 43.5% (up from 41.3%) and operating margin 27.3%.
Diluted earnings per share came in at $0.49, up from $0.20.
Summary generated from market data by MetaCap's automated system. Methodology
Pagaya Technologies income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 387.04M | 317.94M | 334.81M | 350.17M | 326.40M | 289.99M | 279.39M | 257.23M | 250.34M | 245.28M | 218.04M | 211.76M |
| Revenue growth (YoY) | +18.58% | +9.64% | +19.83% | +36.13% | +30.38% | +18.23% | +28.14% | +21.48% | +27.98% | +31.42% | — | — |
| Cost of Revenue | 218.72M | 177.56M | 190.05M | 200.57M | 191.47M | 167.08M | 158.20M | 148.97M | 145.60M | 144.88M | 134.48M | 128.79M |
| Gross Profit | 168.33M | 140.38M | 144.76M | 149.59M | 134.93M | 122.91M | 121.19M | 108.27M | 104.74M | 100.39M | 83.56M | 82.97M |
| Operating Expenses | 62.53M | 60.38M | 65.05M | 69.63M | 78.46M | 75.22M | 89.45M | 85.89M | 99.72M | 92.70M | 72.91M | 82.80M |
| Research & Development | 17.35M | 15.94M | 19.08M | 18.24M | 18.45M | 19.44M | 18.60M | 16.66M | 21.93M | 19.38M | 17.55M | 18.04M |
| Selling, General & Admin | 45.18M | 44.44M | 45.97M | 51.40M | 60.01M | 55.78M | 70.85M | 69.23M | 77.78M | 73.33M | 55.36M | 64.76M |
| Operating Income | 105.80M | 80.00M | 79.72M | 79.96M | 56.47M | 47.69M | 31.74M | 22.38M | 5.03M | 7.69M | 10.65M | 162.00K |
| Other Income (Expense) | -22.97M | -15.47M | -14.15M | -27.38M | -20.18M | -18.71M | -22.13M | -30.34M | -73.19M | -34.35M | 105.68M | -47.26M |
| Pretax Income | 41.25M | 27.31M | 22.07M | 8.06M | 21.54M | -48.00K | -240.54M | -85.75M | -68.17M | -26.66M | -14.98M | -47.10M |
| Income Tax | -1.09M | 3.15M | -6.97M | -15.21M | 4.98M | -2.54M | 16.59M | -11.52M | 14.51M | 5.00M | 5.06M | -1.16M |
| Net Income | 45.27M | 24.69M | 34.30M | 22.55M | 16.66M | 7.89M | -237.92M | -67.48M | -74.78M | -21.22M | -14.42M | -21.75M |
| Net Income growth (YoY) | +171.83% | +212.86% | — | — | — | — | — | — | — | — | — | — |
| EPS (Basic) | 0.53 | 0.29 | 0.42 | 0.27 | 0.20 | 0.10 | -3.36 | -0.93 | -1.04 | -0.33 | -0.22 | -0.36 |
| EPS (Diluted) | 0.49 | 0.28 | 0.40 | 0.23 | 0.20 | 0.10 | -3.36 | -0.93 | -1.04 | -0.33 | -0.22 | -0.36 |
| Shares Outstanding (Basic) | 83.18M | 82.72M | — | 78.54M | 76.87M | 75.77M | — | 72.73M | 71.77M | 64.50M | — | 60.71M |
| Shares Outstanding (Diluted) | 97.25M | 96.75M | — | 91.05M | 79.67M | 77.04M | — | 72.73M | 71.77M | 64.50M | — | 60.71M |
| EBITDA | 109.71M | 83.87M | 86.84M | 87.59M | 64.06M | 55.41M | 40.02M | 29.50M | 12.07M | 14.01M | 16.62M | 5.34M |
| Gross Margin | 43.49% | 44.15% | 43.24% | 42.72% | 41.34% | 42.38% | 43.38% | 42.09% | 41.84% | 40.93% | 38.32% | 39.18% |
| Operating Margin | 27.34% | 25.16% | 23.81% | 22.83% | 17.30% | 16.44% | 11.36% | 8.70% | 2.01% | 3.14% | 4.89% | 8.00% |
| Net Margin | 11.70% | 7.77% | 10.24% | 6.44% | 5.10% | 2.72% | -85.16% | -26.23% | -29.87% | -8.65% | -6.61% | -10.27% |
This table shows 12 quarterly periods of Pagaya Technologies's income statement, from Q2 2026 back to Q3 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PGY's reporting calendar. What is a income statement?