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
DateValue
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