Pagaya Technologies (PGY) Free Cash Flow (2023 - 2026)
Pagaya Technologies (PGY) posted quarterly Free Cash Flow of $40.0 million for Q1 2026, up 30.53% year-over-year from $30.7 million in Q1 2025, and down 47.85% sequentially from $76.7 million in Q4 2025.
Pagaya Technologies (PGY) Free Cash Flow (2023 - 2026) Analysis & Trends
Pagaya Technologies has disclosed Free Cash Flow across 4 years of filings, most recently posting $40.0 million for Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 30.53% year-over-year to $40.0 million; the trailing twelve-month figure through Mar 2026 stood at $234.1 million (up 386.63% YoY), and the FY2025 full-year result was $224.7 million, up 648.71% from the prior year.
- Free Cash Flow was $40.0 million for Q1 2026 at Pagaya Technologies, down from $76.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $76.7 million in Q4 2025 and troughed at -$29.2 million in Q1 2023.
- The 4-year median for Free Cash Flow is $12.6 million (2024), against an average of $19.5 million.
- Year-over-year, Free Cash Flow tumbled 202.36% in 2024 and soared 989.52% in 2025.
- Year by year, Free Cash Flow stood at -$16.9 million in 2023, then soared by 241.11% to $23.9 million in 2024, then surged by 221.26% to $76.7 million in 2025, then sank by 47.85% to $40.0 million in 2026.
- Per Business Quant, the three latest PGY Free Cash Flow figures stand at $40.0 million (Q1 2026), $76.7 million (Q4 2025), and $63.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 15.80 Bn |
| 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 | 9.49 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 891.76 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 384.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 395.40 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 1.02 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 93.10 Mn |
| 10 | Pagaya Technologies | 1.22 Bn | 976.25 Mn | 140.38 Mn | 40.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.01 Mn |
| Mar 31, 2026 | 40.01 Mn |
| Dec 31, 2025 | 76.71 Mn |
| Dec 31, 2025 | 76.71 Mn |
| Sep 30, 2025 | 63.81 Mn |
| Sep 30, 2025 | 63.81 Mn |
| Jun 30, 2025 | 53.55 Mn |
| Jun 30, 2025 | 53.55 Mn |
| Mar 31, 2025 | 30.65 Mn |
| Mar 31, 2025 | 30.65 Mn |
| Dec 31, 2024 | 23.88 Mn |
| Dec 31, 2024 | 23.88 Mn |
| Sep 30, 2024 | -11.34 Mn |
| Sep 30, 2024 | -11.34 Mn |
| Jun 30, 2024 | 4.92 Mn |
| Jun 30, 2024 | 4.92 Mn |
| Mar 31, 2024 | 12.56 Mn |
| Mar 31, 2024 | 12.56 Mn |
| Dec 31, 2023 | -16.92 Mn |
| Dec 31, 2023 | -16.92 Mn |