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
DateValue
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