Pagaya Technologies (PGY) Gross Margin (2022 - 2026)

Pagaya Technologies (PGY) has reported Gross Margin for 5 consecutive years, with 44.15% the latest figure, recorded in Q1 2026.

• Quarterly Gross Margin rose 177.0% year-over-year to 44.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 42.85% (up 41.0% YoY) and the FY2025 annual result came in at 42.43%, up 33.0% from the prior year.
• Gross Margin grew to 44.15% in Q1 2026 per PGY's latest filing, from 43.24% in the prior quarter.
• Over the last five years, Gross Margin for PGY reached as high as 44.15% in Q1 2026 and fell as low as 32.99% in Q1 2023.
• A 5-year average of 40.93% and a median of 41.96% in 2024 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2023 — Gross Margin sank 383 bps — and 2024, when it soared 794 bps.
• Year by year, Gross Margin stood at 42.18% in 2022, then dropped by 9 bps to 38.32% in 2023, then grew by 13 bps to 43.38% in 2024, then slipped by 0 bps to 43.24% in 2025, then grew by 2 bps to 44.15% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 44.15%, 43.24%, and 42.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.