Pagaya Technologies (PGY) Interest Coverage Ratio (2023 - 2026)
Pagaya Technologies (PGY) posted quarterly Interest Coverage Ratio of 2.68 for Q2 2026, down 85.3% year-over-year from 18.22 in Q2 2025, and down 47.77% quarter-over-quarter from 5.13 in Q1 2026.
Pagaya Technologies (PGY) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Interest Coverage Ratio for 4 consecutive years, with 2.68 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 85.3% year-over-year to 2.68; the TTM figure through Jun 2026 stood at 8.75 (down 66.29% YoY), while the FY2025 annual figure was 2.87, up 502.09% from the prior year.
- Interest Coverage Ratio slipped to 2.68 in Q2 2026 per PGY's latest filing, from 5.13 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 18.22 in Q2 2025 and bottomed at 0.16 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 4.43 across 4 years, with a median of 0.6 in 2024.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio soared 27075.14% — and 2026, when it plunged 85.3%.
- Pagaya Technologies' Interest Coverage Ratio stood at 0.17 in 2023, then surged by 30.52% to 0.23 in 2024, then jumped by 325.78% to 0.97 in 2025, then surged by 177.52% to 2.68 in 2026.
- Business Quant data shows PGY's Interest Coverage Ratio at 2.68 in Q2 2026, 5.13 in Q1 2026, and 0.97 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 9.60 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 0.06 |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.26 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -0.21 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 9.17 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -0.72 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.15 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.00 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.33 |
| 10 | Pagaya Technologies | 1.70 Bn | 1.45 Bn | 168.33 Mn | 2.68 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.68 |
| Mar 31, 2026 | 5.13 |
| Dec 31, 2025 | 0.97 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | 1.14 |
| Mar 31, 2025 | 15.90 |
| Dec 31, 2024 | 0.23 |
| Sep 30, 2024 | 0.24 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.17 |
| Jun 30, 2023 | -0.16 |