Pagaya Technologies (PGY) Invested Capital (2021 - 2026)
Pagaya Technologies' Invested Capital was $1.12 billion in Q2 2026, up 20.5% from $930.19 million a year earlier and up 4.3% from the prior quarter.
Pagaya Technologies (PGY) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Invested Capital at Pagaya Technologies came in at $1.04 billion, up 18.9% from FY2024.
- Invested Capital shows a four-year compound annual growth rate of 48.1% (FY2021 to FY2025).
- In earlier years, Invested Capital was $871.94 million in FY2024 (-7.0%), $937.46 million in FY2023 (+3.6%), $905.05 million in FY2022 (+320.5%) and $215.26 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q4 2021.
- Compared with a year earlier, Invested Capital has increased for four straight quarters, with growth averaging 5.3% over the last seven quarters.
- The best year-over-year quarter for Invested Capital over five years was Q4 2022 (growth of 320.5%); the worst was Q1 2025 (a decline of 18.7%).
- Per Business Quant data, PGY's Invested Capital in the three quarters before Q2 2026 was $1.07 billion (Q1 2026), $1.04 billion (Q4 2025) and $1.02 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 19.56 Bn |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 33.22 Bn |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 28.34 Bn |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | 11.78 Bn |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 11.99 Bn |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 54.81 Bn |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 46.39 Bn |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 1.87 Bn |
| 10 | Pagaya Technologies | 1.50 Bn | 532.29 Mn | 168.33 Mn | 1.12 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.12 Bn |
| Mar 31, 2026 | 1.07 Bn |
| Dec 31, 2025 | 1.04 Bn |
| Sep 30, 2025 | 1.02 Bn |
| Jun 30, 2025 | 930.19 Mn |
| Mar 31, 2025 | 859.03 Mn |
| Dec 31, 2024 | 871.94 Mn |
| Sep 30, 2024 | 955.66 Mn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 937.46 Mn |
| Jun 30, 2023 | 919.70 Mn |
| Dec 31, 2022 | 905.05 Mn |
| Dec 31, 2021 | 215.26 Mn |
Pagaya Technologies Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=PGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PGY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();