Pagaya Technologies (PGY) Asset Utilization Ratio (2024 - 2026)
Pagaya Technologies' (PGY) quarterly Asset Utilization Ratio came in at 0.83 in Q2 2026, down 3.42% year-over-year from 0.86 in Q2 2025, and little changed quarter-over-quarter from 0.83 in Q1 2026.
Analysis
Pagaya Technologies (PGY) Asset Utilization Ratio (2024 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Asset Utilization Ratio for 3 consecutive years, with 0.83 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 3.42% year-over-year to 0.83 in Q2 2026; TTM through Jun 2026 was 0.83, a 3.42% decrease from a year earlier, with the FY2025 full-year figure at 0.92, up 11.07% from the prior year.
- Asset Utilization Ratio was 0.83 for Q2 2026 at Pagaya Technologies, roughly flat from 0.83 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.87 in Q3 2025 and troughed at 0.63 in Q2 2024.
- A 3-year average of 0.78 and a median of 0.83 in 2026 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio soared 36.63% in 2025 and slipped 3.42% in 2026, its largest moves.
- Over 3 years, Asset Utilization Ratio stood at 0.78 in 2024, then increased by 11.81% to 0.87 in 2025, then slipped by 4.07% to 0.83 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.83 (Q2 2026), 0.83 (Q1 2026), and 0.87 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 0.41 |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | 0.83 |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - | 0.31 |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - | - |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 0.38 |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | 0.85 |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn | 0.43 |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn | 0.57 |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - | 0.46 |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn | 19,086.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.83 |
| Mar 31, 2026 | 0.83 |
| Dec 31, 2025 | 0.87 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.86 |
| Mar 31, 2025 | 0.84 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.65 |