Pagaya Technologies (PGY) Debt to Equity (2021 - 2026)

Pagaya Technologies (PGY) posted quarterly Debt to Equity of $0.26 for Q1 2026, down 72.51% year-over-year from $0.95 in Q1 2025, and down 35.43% sequentially from $0.4 in Q4 2025.

Pagaya Technologies (PGY) Debt to Equity (2021 - 2026) Analysis & Trends

Pagaya Technologies has disclosed Debt to Equity across 6 years of filings, most recently posting $0.26 for Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 72.51% year-over-year to $0.26; the trailing twelve-month figure through Mar 2026 stood at $0.26 (down 72.51% YoY), and the FY2025 full-year result was $0.4, down 37.46% from the prior year.
  • Debt to Equity was $0.26 for Q1 2026 at Pagaya Technologies, down from $0.4 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.99 in Q2 2025 and troughed at $0.02 in Q1 2024.
  • The 5-year median for Debt to Equity is $0.41 (2023), against an average of $0.5.
  • Year-over-year, Debt to Equity soared 5301.83% in 2025 and sank 72.51% in 2026.
  • Year by year, Debt to Equity stood at $0.1 in 2022, then surged by 306.61% to $0.41 in 2023, then jumped by 58.24% to $0.65 in 2024, then tumbled by 37.46% to $0.4 in 2025, then plunged by 35.43% to $0.26 in 2026.
  • Per Business Quant, the three latest PGY Debt to Equity figures stand at $0.26 (Q1 2026), $0.4 (Q4 2025), and $0.91 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 0.10
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 3.24
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 0.17
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 0.50
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 0.33
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 0.85
10 Pagaya Technologies 1.22 Bn 976.25 Mn 140.38 Mn 0.26

Historic Data

Download Data
DateValue
Mar 31, 2026 0.26
Dec 31, 2025 0.40
Sep 30, 2025 0.91
Jun 30, 2025 0.99
Mar 31, 2025 0.95
Dec 31, 2024 0.65
Sep 30, 2024 0.76
Jun 30, 2024 0.02
Mar 31, 2024 0.02
Dec 31, 2023 0.41
Dec 31, 2022 0.10
Dec 31, 2021 0.21