Pagaya Technologies (PGY) Accumulated Expenses (2021 - 2026)
Pagaya Technologies' (PGY) quarterly Accumulated Expenses came in at $80.1 million in Q2 2026, up 100.93% year-over-year from $39.9 million in Q2 2025, and up 26.25% quarter-over-quarter from $63.5 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Accumulated Expenses (2021 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Accumulated Expenses for 6 consecutive years, with $80.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Accumulated Expenses rose 100.93% year-over-year to $80.1 million in Q2 2026; TTM through Jun 2026 was $80.1 million, a 100.93% increase from a year earlier, with the FY2025 full-year figure at $74.6 million, up 64.53% from the prior year.
- Accumulated Expenses was $80.1 million for Q2 2026 at Pagaya Technologies, up from $63.5 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $80.1 million in Q2 2026 and troughed at $28.4 million in Q2 2023.
- A 5-year average of $46.0 million and a median of $39.9 million in 2025 frame the typical range for Accumulated Expenses.
- Across the five-year window, Accumulated Expenses surged 189.57% in 2022 and tumbled 42.29% in 2023, its largest moves.
- Over 5 years, Accumulated Expenses stood at $49.5 million in 2022, then plunged by 42.29% to $28.6 million in 2023, then jumped by 58.82% to $45.4 million in 2024, then soared by 64.53% to $74.6 million in 2025, then grew by 7.37% to $80.1 million in 2026.
- The last three Accumulated Expenses figures came in at $80.1 million (Q2 2026), $63.5 million (Q1 2026), and $74.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.14 Mn |
| Mar 31, 2026 | 63.47 Mn |
| Dec 31, 2025 | 74.64 Mn |
| Sep 30, 2025 | 48.60 Mn |
| Jun 30, 2025 | 39.88 Mn |
| Mar 31, 2025 | 33.62 Mn |
| Dec 31, 2024 | 45.36 Mn |
| Sep 30, 2024 | 32.55 Mn |
| Jun 30, 2024 | 36.09 Mn |
| Mar 31, 2024 | 36.71 Mn |
| Dec 31, 2023 | 28.56 Mn |
| Jun 30, 2023 | 28.40 Mn |
| Dec 31, 2022 | 49.50 Mn |
| Dec 31, 2021 | 17.09 Mn |