Pagaya Technologies (PGY) Convertible Debt (2024 - 2026)
Pagaya Technologies' (PGY) quarterly Convertible Debt came in at $150.1 million in Q2 2026, up 1.72% year-over-year from $147.5 million in Q2 2025, and little changed quarter-over-quarter from $149.4 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Convertible Debt (2024 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Convertible Debt for 3 consecutive years, with $150.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Convertible Debt rose 1.72% year-over-year to $150.1 million in Q2 2026; TTM through Jun 2026 was $150.1 million, a 1.72% increase from a year earlier, with the FY2025 full-year figure at $148.8 million, up 1.67% from the prior year.
- Convertible Debt was $150.1 million for Q2 2026 at Pagaya Technologies, roughly flat from $149.4 million in the prior quarter.
- Over five years, Convertible Debt peaked at $150.1 million in Q2 2026 and troughed at $146.3 million in Q4 2024.
- A 3-year average of $148.2 million and a median of $148.1 million in 2025 frame the typical range for Convertible Debt.
- Across the five-year window, Convertible Debt advanced 1.67% in 2025 and advanced 1.72% in 2026, its largest moves.
- Over 3 years, Convertible Debt stood at $146.3 million in 2024, then increased by 1.67% to $148.8 million in 2025, then rose by 0.87% to $150.1 million in 2026.
- The last three Convertible Debt figures came in at $150.1 million (Q2 2026), $149.4 million (Q1 2026), and $148.8 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 | 150.07 Mn |
| Mar 31, 2026 | 149.42 Mn |
| Dec 31, 2025 | 148.78 Mn |
| Sep 30, 2025 | 148.15 Mn |
| Jun 30, 2025 | 147.53 Mn |
| Mar 31, 2025 | 146.93 Mn |
| Dec 31, 2024 | 146.34 Mn |