Pagaya Technologies (PGY) Interest Expenses (2020 - 2026)
Pagaya Technologies (PGY) posted quarterly Interest Expenses of $15.6 million for Q1 2026, up 420.07% year-on-year from $3.0 million in Q1 2025, and down 81.11% on a QoQ basis from $82.6 million in Q4 2025.
Pagaya Technologies (PGY) Interest Expenses (2020 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Interest Expenses for 7 consecutive years, with $15.6 million the latest figure, recorded in Q1 2026.
- Quarterly Interest Expenses rose 420.07% year-over-year to $15.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $15.6 million (up 420.07% YoY) and the FY2025 annual result came in at $111.6 million, down 20.26% from the prior year.
- Interest Expenses slipped to $15.6 million in Q1 2026 per PGY's latest filing, from $82.6 million in the prior quarter.
- Over the last five years, Interest Expenses for PGY reached as high as $140.0 million in Q4 2024 and fell as low as $3.0 million in Q1 2025.
- A 5-year average of $61.5 million and a median of $62.6 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2025 — Interest Expenses tumbled 94.98% — and 2026, when it jumped 420.07%.
- Year by year, Interest Expenses stood at $19.9 million in 2022, then jumped by 208.29% to $61.3 million in 2023, then jumped by 128.29% to $140.0 million in 2024, then tumbled by 41.01% to $82.6 million in 2025, then plunged by 81.11% to $15.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $15.6 million, $82.6 million, and $73.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,834.76 Bn | 2,710.32 Bn | 56.06 Bn | 84.60 Bn |
| 2 | PagSeguro Digital | 2,643.44 Bn | 2,643.44 Bn | 358.92 Mn | -254.61 Mn |
| 3 | Oracle | 345.72 Bn | 314.37 Bn | - | 1.44 Bn |
| 4 | Repay Holdings | 297.29 Bn | 297.14 Bn | - | 7.47 Mn |
| 5 | Palantir Technologies | 295.33 Bn | 287.41 Bn | 1.42 Bn | 20.56 Bn |
| 6 | Pagaya Technologies | 249.07 Bn | 249.08 Bn | 140.38 Mn | 15.60 Mn |
| 7 | Palo Alto Networks | 228.92 Bn | 224.38 Bn | 1.91 Bn | 156.00 Mn |
| 8 | CrowdStrike Holdings | 183.84 Bn | 180.79 Bn | 993.68 Mn | - |
| 9 | Fortinet | 111.23 Bn | 107.94 Bn | 1.49 Bn | 4.20 Mn |
| 10 | Cloudflare | 92.51 Bn | 91.57 Bn | 455.60 Mn | 35.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.60 Mn |
| Mar 31, 2026 | 15.60 Mn |
| Dec 31, 2025 | 82.59 Mn |
| Dec 31, 2025 | 82.59 Mn |
| Sep 30, 2025 | 73.61 Mn |
| Sep 30, 2025 | 73.61 Mn |
| Jun 30, 2025 | 49.53 Mn |
| Jun 30, 2025 | 49.53 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Mar 31, 2025 | 3.00 Mn |
| Dec 31, 2024 | 140.02 Mn |
| Dec 31, 2024 | 140.02 Mn |
| Sep 30, 2024 | 94.22 Mn |
| Sep 30, 2024 | 94.22 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Jun 30, 2024 | 75.00 Mn |
| Mar 31, 2024 | 59.70 Mn |
| Mar 31, 2024 | 59.70 Mn |
| Dec 31, 2023 | 61.33 Mn |
| Dec 31, 2023 | 61.33 Mn |