Pagaya Technologies (PGY) Capital Expenditures (2023 - 2026)
Pagaya Technologies' (PGY) quarterly Capital Expenditures came in at $3.4 million in Q2 2026, down 9.24% year-over-year from $3.8 million in Q2 2025, and up 8.6% quarter-over-quarter from $3.2 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Capital Expenditures (2023 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Capital Expenditures for 4 consecutive years, with $3.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 9.24% year-over-year to $3.4 million in Q2 2026; TTM through Jun 2026 was $13.0 million, a 17.97% decrease from a year earlier, with the FY2025 full-year figure at $13.9 million, down 21.62% from the prior year.
- Capital Expenditures was $3.4 million for Q2 2026 at Pagaya Technologies, up from $3.2 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $5.5 million in Q1 2023 and troughed at $3.1 million in Q4 2025.
- A 4-year average of $4.2 million and a median of $4.1 million in 2024 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures dropped 6.89% in 2024 and fell 26.61% in 2025, its largest moves.
- Over 4 years, Capital Expenditures stood at $4.6 million in 2023, then slipped by 14.2% to $4.0 million in 2024, then fell by 22.38% to $3.1 million in 2025, then gained by 11.76% to $3.4 million in 2026.
- The last three Capital Expenditures figures came in at $3.4 million (Q2 2026), $3.2 million (Q1 2026), and $3.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 4.19 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | 3.45 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 | 289,000.00 |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | 825,000.00 |
| 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 | 3.45 Mn |
| Mar 31, 2026 | 3.18 Mn |
| Dec 31, 2025 | 3.09 Mn |
| Sep 30, 2025 | 3.24 Mn |
| Jun 30, 2025 | 3.80 Mn |
| Mar 31, 2025 | 3.78 Mn |
| Dec 31, 2024 | 3.98 Mn |
| Sep 30, 2024 | 4.24 Mn |
| Jun 30, 2024 | 4.38 Mn |
| Mar 31, 2024 | 5.15 Mn |
| Dec 31, 2023 | 4.63 Mn |
| Sep 30, 2023 | 5.06 Mn |
| Jun 30, 2023 | 4.97 Mn |
| Mar 31, 2023 | 5.53 Mn |