Pagaya Technologies (PGY) Non-Current Debt (2021 - 2026)
Pagaya Technologies (PGY) recorded Non-Current Debt of $471.87 million in Q2 2026, up 59.0% from $296.8 million a year earlier but down 0.7% from the prior quarter.
Pagaya Technologies (PGY) Non-Current Debt (2021 - 2026) Analysis & Trends
At the end of FY2025, Pagaya Technologies reported Non-Current Debt of $481.6 million, up 49.9% from FY2024.
- Annual Non-Current Debt has increased for four straight years, with a four-year compound annual growth rate of 88.8% (FY2021 to FY2025).
- Across earlier years, Non-Current Debt came in at $321.32 million in FY2024 (+37.3%), $234.03 million in FY2023 (+200.8%), $77.8 million in FY2022 (+105.3%) and $37.91 million in FY2021.
- Quarterly Non-Current Debt has ranged from $37.91 million in Q4 2021 to $487.79 million in Q3 2025 over the past five years.
- On a year-over-year basis, Non-Current Debt has increased for seven consecutive quarters, with growth averaging 56.5% over the last seven quarters.
- Over the past five years, the year-over-year growth in Non-Current Debt ranged from 32.5% (Q2 2025) to 200.8% (Q4 2023).
- Per Business Quant, the preceding three quarters came in at $474.99 million (Q1 2026), $481.6 million (Q4 2025) and $487.79 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 5.94 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 10.90 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 5.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 7.42 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 6.10 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 26.68 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 21.49 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 678.09 Mn |
| 10 | Pagaya Technologies | 1.42 Bn | 450.62 Mn | 168.33 Mn | 471.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 471.87 Mn |
| Mar 31, 2026 | 474.99 Mn |
| Dec 31, 2025 | 481.60 Mn |
| Sep 30, 2025 | 487.79 Mn |
| Jun 30, 2025 | 296.80 Mn |
| Mar 31, 2025 | 300.17 Mn |
| Dec 31, 2024 | 321.32 Mn |
| Sep 30, 2024 | 217.42 Mn |
| Jun 30, 2024 | 224.00 Mn |
| Mar 31, 2024 | 223.10 Mn |
| Dec 31, 2023 | 234.03 Mn |
| Jun 30, 2023 | 150.47 Mn |
| Dec 31, 2022 | 77.80 Mn |
| Dec 31, 2021 | 37.91 Mn |
Pagaya Technologies Non-Current Debt 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=non-current-debt&ticker=PGY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=PGY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();