Pagaya Technologies (PGY) Net Margin (2022 - 2026)
Pagaya Technologies (PGY) posted quarterly Net Margin of 7.6% for Q1 2026, up 505.0% year-on-year from 1.26% in Q1 2025, and down 12.39% on a QoQ basis from 8.67% in Q4 2025.
Pagaya Technologies (PGY) Net Margin (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Net Margin for 5 consecutive years, with 7.6% the latest figure, recorded in Q1 2026.
- Quarterly Net Margin rose 505.0% year-over-year to 7.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.78% (up 4139.0% YoY) and the FY2025 annual result came in at 5.48%, up 4437.0% from the prior year.
- Net Margin declined to 7.6% in Q1 2026 per PGY's latest filing, from 8.67% in the prior quarter.
- Over the last five years, Net Margin for PGY reached as high as 8.67% in Q4 2025 and fell as low as 99.58% in Q2 2022.
- A 5-year average of 20.26% and a median of 10.37% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin plunged 6588 bps — and 2025, when it surged 9383 bps.
- Year by year, Net Margin stood at 99.58% in 2022, then surged by 81 bps to 19.28% in 2023, then tumbled by 342 bps to 85.16% in 2024, then soared by 110 bps to 8.67% in 2025, then retreated by 12 bps to 7.6% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.6%, 8.67%, and 6.08% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 30.88% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -3.58% |
| 10 | Pagaya Technologies | 1.37 Bn | 1.05 Bn | 140.38 Mn | 7.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |