Income Statement - Pagaya Technologies Ltd. (PGY)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 1,261.34 | 1,004.55 | 772.81 | 685.41 | 445.87 | 91.74 | 36.14 |
| Cost of revenue | 749.17 | 597.65 | 508.94 | 451.08 | 232.32 | 49.09 | 27.97 |
| Gross profit | 512.17 | 406.90 | 263.87 | 234.33 | 213.54 | 42.66 | 8.17 |
| Total operating expenses | 288.36 | 340.06 | 288.27 | 485.84 | 219.35 | 21.40 | 12.08 |
| Operating income | 223.81 | 66.84 | -24.40 | -251.51 | -5.81 | 21.25 | -3.90 |
| Non-operating income (net) | -172.18 | -487.96 | -156.77 | -24.87 | -55.84 | -0.06 | -0.12 |
| Income before tax | 51.63 | -421.12 | -181.17 | -276.37 | -61.65 | 21.20 | -4.03 |
| Income tax expense | -19.75 | 24.58 | 15.57 | 16.40 | 7.88 | 1.28 | 0.17 |
| Net income | 81.39 | -401.41 | -128.44 | -302.32 | -91.15 | 14.47 | -5.62 |
Show Quarterly Income Statement
Income Statement - Pagaya Technologies Ltd. (PGY)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 317.94 | 321.04 | 339.89 | 317.71 | 282.70 | 275.67 | 249.28 | 242.59 | 237.00 | 210.43 | 201.45 | 185.69 | 175.25 | 178.17 | 185.61 | 163.30 | 158.33 | 144.26 | 128.15 | 92.18 | 91.63 | 36.38 | 36.38 | 13.13 | 13.13 |
| Cost of revenue | 177.56 | 190.05 | 200.57 | 191.47 | 167.08 | 158.20 | 148.97 | 145.60 | 144.88 | 134.48 | 128.79 | 120.61 | 125.06 | 124.71 | 129.12 | 104.98 | 92.28 | 50.82 | 81.73 | 62.59 | 49.89 | 17.69 | 17.69 | 6.86 | 6.86 |
| Gross profit | 140.38 | 130.99 | 139.31 | 126.25 | 115.62 | 117.47 | 100.32 | 96.99 | 92.12 | 75.95 | 72.66 | 65.07 | 50.20 | 53.46 | 56.50 | 58.32 | 66.05 | 93.44 | 46.42 | 29.59 | 41.75 | 18.69 | 18.69 | 6.27 | 6.27 |
| Total operating expenses | 60.38 | 65.05 | 59.36 | 69.78 | 67.94 | 85.73 | 77.93 | 91.97 | 84.43 | 65.29 | 72.49 | 75.31 | 75.17 | 80.16 | 120.67 | 208.95 | 76.06 | 95.63 | 31.61 | 19.22 | 50.96 | 9.41 | 9.41 | 4.93 | 4.93 |
| Operating income | 80.00 | 65.94 | 79.96 | 56.47 | 47.69 | 31.74 | 22.38 | 5.03 | 7.69 | 10.65 | 0.16 | -10.24 | -24.98 | -26.70 | -64.17 | -150.62 | -10.01 | -2.19 | 14.81 | 10.37 | -9.21 | 9.28 | 9.28 | 1.34 | 1.34 |
| Non-operating income (net) | -52.69 | -43.87 | -71.90 | -34.93 | -47.73 | -272.28 | -108.14 | -73.19 | -34.35 | -25.63 | -47.26 | -16.90 | -66.98 | -34.72 | 3.23 | 6.30 | 0.31 | -4.30 | -32.77 | -9.20 | -9.39 | 0.00 | 0.00 | -0.03 | -0.03 |
| Income before tax | 27.31 | 22.07 | 8.06 | 21.54 | -0.05 | -240.54 | -85.76 | -68.17 | -26.66 | -14.98 | -47.10 | -27.13 | -91.96 | -61.41 | -60.94 | -144.32 | -9.70 | -6.49 | -17.96 | 1.17 | -18.60 | 9.28 | 9.28 | 1.32 | 1.32 |
| Income tax expense | 3.15 | -6.97 | -15.21 | 4.98 | -2.54 | 16.59 | -11.52 | 14.51 | 5.00 | 5.06 | -1.16 | 5.01 | 6.67 | -9.20 | 6.07 | 19.73 | -0.19 | -3.54 | 3.62 | 1.63 | 3.90 | 0.58 | 0.58 | 0.06 | 0.06 |
| Net income | 24.69 | 34.30 | 22.55 | 16.66 | 7.89 | -237.92 | -67.48 | -74.79 | -21.22 | -14.42 | -21.75 | -31.30 | -60.97 | -34.00 | -74.79 | -175.26 | -18.27 | -10.46 | -28.16 | -5.87 | -26.27 | 5.97 | 5.97 | 1.26 | 1.26 |