Pagaya Technologies (PGY) Net Margin (2023 - 2026)
Pagaya Technologies (PGY) posted quarterly Net Margin of 7.6% for Q1 2026, up 505.0% year-over-year from 1.26% in Q1 2025, and down 16.0% sequentially from 9.05% in Q4 2025.
Pagaya Technologies (PGY) Net Margin (2023 - 2026) Analysis & Trends
Pagaya Technologies has disclosed Net Margin across 4 years of filings, most recently posting 7.6% for Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 505.0% year-over-year to 7.6%; the trailing twelve-month figure through Mar 2026 stood at 6.9% (up 4215.0% YoY), and the FY2025 full-year result was 5.66%, up 4562.0% from the prior year.
- Net Margin was 7.6% for Q1 2026 at Pagaya Technologies, down from 9.05% in the prior quarter.
- Over five years, Net Margin peaked at 9.05% in Q4 2025 and troughed at 86.31% in Q4 2024.
- The 4-year median for Net Margin is 7.87% (2023), against an average of 12.27%.
- Year-over-year, Net Margin tumbled 6947 bps in 2024 and surged 9535 bps in 2025.
- Year by year, Net Margin stood at 16.84% in 2023, then sank by 413 bps to 86.31% in 2024, then jumped by 110 bps to 9.05% in 2025, then slipped by 16 bps to 7.6% in 2026.
- Per Business Quant, the three latest PGY Net Margin figures stand at 7.6% (Q1 2026), 9.05% (Q4 2025), and 6.08% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 38.34% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 5.06% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 21.52% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 53.68% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 16.65% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.71% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 28.90% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 2.69% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.58% |
| 10 | Pagaya Technologies | 1.22 Bn | 976.25 Mn | 140.38 Mn | 7.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.60% |
| Dec 31, 2025 | 9.05% |
| Sep 30, 2025 | 6.08% |
| Jun 30, 2025 | 4.92% |
| Mar 31, 2025 | 2.55% |
| Dec 31, 2024 | -86.31% |
| Sep 30, 2024 | -27.07% |
| Jun 30, 2024 | -30.83% |
| Mar 31, 2024 | -8.65% |
| Dec 31, 2023 | -16.84% |
| Sep 30, 2023 | -7.87% |
| Jun 30, 2023 | -4.12% |
| Mar 31, 2023 | -8.04% |