Pagaya Technologies (PGY) Free Cash Flow (2023 - 2026)
Pagaya Technologies' Free Cash Flow was $71.25 million in Q2 2026, up 33.1% from $53.55 million a year earlier and up 78.1% from the prior quarter.
Pagaya Technologies (PGY) Free Cash Flow (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Pagaya Technologies' Free Cash Flow was $251.78 million through Jun 30, 2026, up 160.3% year-over-year; for FY2025, it was $224.72 million, up 648.7% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 134.6% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $30.01 million in FY2024, -$41.85 million in FY2023, -$62.41 million in FY2022 and $43.19 million in FY2021.
- Quarterly Free Cash Flow has moved between -$29.2 million (Q1 2023) and $76.71 million (Q4 2025) over five years.
- Compared with a year earlier, Free Cash Flow has increased for three straight quarters, with growth averaging 283.7% over the last five quarters.
- Per Business Quant data, PGY's Free Cash Flow in the three quarters before Q2 2026 was $40.01 million (Q1 2026), $76.71 million (Q4 2025) and $63.81 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 197.31 Mn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 1.78 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 966.61 Mn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 482.24 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 1.42 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 985.00 Mn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 426.96 Mn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 28.98 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 281.76 Mn |
| 10 | Pagaya Technologies | 1.44 Bn | 477.29 Mn | 168.33 Mn | 71.25 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.25 Mn |
| Mar 31, 2026 | 40.01 Mn |
| Dec 31, 2025 | 76.71 Mn |
| Sep 30, 2025 | 63.81 Mn |
| Jun 30, 2025 | 53.55 Mn |
| Mar 31, 2025 | 30.65 Mn |
| Dec 31, 2024 | 23.88 Mn |
| Sep 30, 2024 | -11.34 Mn |
| Jun 30, 2024 | 4.92 Mn |
| Mar 31, 2024 | 12.56 Mn |
| Dec 31, 2023 | -16.92 Mn |
| Sep 30, 2023 | 11.08 Mn |
| Jun 30, 2023 | -6.81 Mn |
| Mar 31, 2023 | -29.20 Mn |
Pagaya Technologies Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "PGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=PGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();