Growth Metrics

Pagaya Technologies (PGY) Cost of Revenue (2021 - 2025)

Historic Cost of Revenue for Pagaya Technologies (PGY) over the last 5 years, with Q3 2025 value amounting to $200.6 million.

  • Pagaya Technologies' Cost of Revenue rose 3464.51% to $200.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $717.3 million, marking a year-over-year increase of 2498.49%. This contributed to the annual value of $597.7 million for FY2024, which is 1742.98% up from last year.
  • Pagaya Technologies' Cost of Revenue amounted to $200.6 million in Q3 2025, which was up 3464.51% from $191.5 million recorded in Q2 2025.
  • Pagaya Technologies' Cost of Revenue's 5-year high stood at $200.6 million during Q3 2025, with a 5-year trough of $62.6 million in Q2 2021.
  • Its 5-year average for Cost of Revenue is $130.0 million, with a median of $129.0 million in 2022.
  • As far as peak fluctuations go, Pagaya Technologies' Cost of Revenue skyrocketed by 6772.11% in 2022, and later fell by 25.02% in 2023.
  • Quarter analysis of 5 years shows Pagaya Technologies' Cost of Revenue stood at $78.4 million in 2021, then soared by 58.97% to $124.7 million in 2022, then rose by 7.84% to $134.5 million in 2023, then increased by 17.64% to $158.2 million in 2024, then grew by 26.78% to $200.6 million in 2025.
  • Its Cost of Revenue stands at $200.6 million for Q3 2025, versus $191.5 million for Q2 2025 and $167.1 million for Q1 2025.