Pagaya Technologies (PGY) FCF Margin (2023 - 2026)

Pagaya Technologies has disclosed FCF Margin across 4 years of filings, most recently posting 12.58% for Q1 2026.

• In Q1 2026, FCF Margin rose 201.0% year-over-year to 12.58%; the TTM figure through Mar 2026 stood at 17.91% (up 1336.0% YoY), while the FY2025 annual figure was 17.82%, up 1483.0% from the prior year.
• FCF Margin declined to 12.58% in Q1 2026, from 23.89% in the prior quarter.
• Over the last five years, FCF Margin for PGY reached as high as 23.89% in Q4 2025 and fell as low as 15.64% in Q1 2023.
• The 4-year median for FCF Margin is 5.23% (2023), against an average of 5.58%.
• Annual changes were most pronounced in 2024 — FCF Margin sank 978 bps — and 2025, when it soared 2277 bps.
• A 4-year view of FCF Margin shows it stood at 6.78% in 2023, then jumped by 228 bps to 8.66% in 2024, then jumped by 176 bps to 23.89% in 2025, then plunged by 47 bps to 12.58% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 12.58%, 23.89%, and 18.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.