Pagaya Technologies (PGY) Net Margin (2022 - 2026)
Pagaya Technologies (PGY) posted quarterly Net Margin of 10.94% for Q2 2026, up 615.0% year-over-year from 1.53% in Q2 2025, and up 43.94% quarter-over-quarter from 7.6% in Q1 2026.
Pagaya Technologies (PGY) Net Margin (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Net Margin for 5 consecutive years, with 10.94% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 615.0% year-over-year to 10.94%; the TTM figure through Jun 2026 stood at 8.4% (up 3289.0% YoY), while the FY2025 annual figure was 5.48%, up 4437.0% from the prior year.
- Net Margin advanced to 10.94% in Q2 2026 per PGY's latest filing, from 7.6% in the prior quarter.
- Across five years, Net Margin topped out at 10.94% in Q2 2026 and bottomed at 99.58% in Q2 2022.
- Historically, Net Margin has averaged 18.18% across 5 years, with a median of 8.65% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin plunged 6588 bps — and 2025, when it soared 9383 bps.
- Pagaya Technologies' Net Margin stood at 99.58% in 2022, then surged by 81 bps to 19.28% in 2023, then slumped by 342 bps to 85.16% in 2024, then soared by 110 bps to 8.67% in 2025, then increased by 26 bps to 10.94% in 2026.
- Business Quant data shows PGY's Net Margin at 10.94% in Q2 2026, 7.6% in Q1 2026, and 8.67% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Pagaya Technologies | 1.70 Bn | 1.45 Bn | 168.33 Mn | 10.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.94% |
| Mar 31, 2026 | 7.60% |
| Dec 31, 2025 | 8.67% |
| Sep 30, 2025 | 6.08% |
| Jun 30, 2025 | 4.79% |
| Mar 31, 2025 | 2.55% |
| Dec 31, 2024 | -85.16% |
| Sep 30, 2024 | -26.23% |
| Jun 30, 2024 | -29.87% |
| Mar 31, 2024 | -8.65% |
| Dec 31, 2023 | -19.28% |
| Sep 30, 2023 | -7.87% |
| Jun 30, 2023 | -12.09% |
| Mar 31, 2023 | -24.63% |
| Jun 30, 2022 | -99.58% |