Pagaya Technologies Ltd.
Pagaya Technologies Ltd. (PGY) Financial Performance & Income Statement Overview
Analyze Pagaya Technologies Ltd. (PGY) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Pagaya Technologies Ltd. (PGY) Income Statement & Financial Overview
Explore comprehensive income reports for Pagaya Technologies Ltd. PGY, broken down by year and quarter.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $282.70M | $275.67M | $249.28M | $242.59M |
| Cost of Revenue | $167.08M | $158.20M | $148.97M | $145.60M |
| Gross Profit | $115.62M | $117.47M | $100.32M | $96.99M |
| Gross Profit Ratio | $0.41 | $0.43 | $0.40 | $0.40 |
| R&D Expenses | $19.44M | $18.60M | $16.66M | $21.93M |
| SG&A Expenses | $55.78M | $70.85M | $69.23M | $77.78M |
| Operating Expenses | $67.94M | $85.73M | $77.93M | $99.72M |
| Total Costs & Expenses | $235.02M | $243.93M | $226.90M | $245.32M |
| Interest Income | $7.68M | $7.62M | $8.73M | $8.19M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $7.72M | $8.28M | $7.12M | $7.04M |
| EBITDA | $48.12M | $36.29M | $21.55M | $4.32M |
| EBITDA Ratio | $0.17 | $0.13 | $0.09 | $0.02 |
| Operating Income | $47.69M | $31.74M | $22.38M | $5.03M |
| Operating Income Ratio | $0.17 | $0.12 | $0.09 | $0.02 |
| Other Income/Expenses (Net) | -$47.73M | -$272.28M | -$108.14M | -$73.19M |
| Income Before Tax | -$48000.00 | -$240.54M | -$85.75M | -$68.17M |
| Income Before Tax Ratio | -$0.00 | -$0.87 | -$0.34 | -$0.28 |
| Income Tax Expense | -$2.54M | $16.59M | -$11.52M | $14.51M |
| Net Income | $7.89M | -$237.92M | -$67.48M | -$74.78M |
| Net Income Ratio | $0.03 | -$0.86 | -$0.27 | -$0.31 |
| EPS | $0.10 | -$3.36 | -$0.93 | -$1.04 |
| Diluted EPS | $0.10 | -$3.28 | -$0.93 | -$1.04 |
| Weighted Avg Shares Outstanding | $75.77M | $74.33M | $72.73M | $71.77M |
| Weighted Avg Shares Outstanding (Diluted) | $77.04M | $74.33M | $72.73M | $71.77M |
Financial performance has remained strong, with revenue growing from $242.59M in Q2 2024 to $282.70M in Q1 2025. Gross profit continued to perform well, with margins at 41% in the latest quarter. Operating income reached $47.69M in Q1 2025, holding a steady 17% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $48.12M. Net income rose to $7.89M, keeping EPS at $0.10. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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