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.

• For the quarter ending Q1 2026, FCF Margin rose 201.0% year-over-year to 12.58%; the trailing twelve-month figure through Mar 2026 stood at 17.91% (up 1336.0% YoY), and the FY2025 full-year result was 17.82%, up 1483.0% from the prior year.
• FCF Margin was 12.58% for Q1 2026 at Pagaya Technologies, down from 23.89% in the prior quarter.
• Over five years, FCF Margin peaked at 23.89% in Q4 2025 and troughed at 15.64% in Q1 2023.
• The 4-year median for FCF Margin is 5.23% (2023), against an average of 5.58%.
• Year-over-year, FCF Margin sank 978 bps in 2024 and jumped 2277 bps in 2025.
• Year by year, FCF Margin stood at 6.78% in 2023, then surged by 228 bps to 8.66% in 2024, then surged by 176 bps to 23.89% in 2025, then tumbled by 47 bps to 12.58% in 2026.
• Per Business Quant, the three latest PGY FCF Margin figures stand at 12.58% (Q1 2026), 23.89% (Q4 2025), and 18.22% (Q3 2025).