Pagaya Technologies (PGY) Operating Income (2022 - 2026)
Pagaya Technologies' (PGY) quarterly Operating Income came in at $105.8 million in Q2 2026, up 87.36% year-over-year from $56.5 million in Q2 2025, and up 32.24% quarter-over-quarter from $80.0 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Operating Income (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Operating Income for 5 consecutive years, with $105.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Income rose 87.36% year-over-year to $105.8 million in Q2 2026; TTM through Jun 2026 was $345.5 million, a 118.27% increase from a year earlier, with the FY2025 full-year figure at $263.8 million, up 294.71% from the prior year.
- Operating Income was $105.8 million for Q2 2026 at Pagaya Technologies, up from $80.0 million in the prior quarter.
- Over five years, Operating Income peaked at $105.8 million in Q2 2026 and troughed at -$150.6 million in Q2 2022.
- A 5-year average of $22.8 million and a median of $22.4 million in 2024 frame the typical range for Operating Income.
- Across the five-year window, Operating Income surged 13717.28% in 2024 and soared 67.78% in 2026, its largest moves.
- Over 5 years, Operating Income stood at -$150.6 million in 2022, then jumped by 107.07% to $10.7 million in 2023, then soared by 197.96% to $31.7 million in 2024, then jumped by 151.16% to $79.7 million in 2025, then jumped by 32.72% to $105.8 million in 2026.
- The last three Operating Income figures came in at $105.8 million (Q2 2026), $80.0 million (Q1 2026), and $79.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 14.64 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | 105.80 Mn |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - | 171.11 Mn |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - | 78.00 Mn |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | -633,000.00 |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | -1.58 Mn |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn | 28.73 Mn |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn | 161.06 Mn |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - | -36.35 Mn |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn | 25.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 105.80 Mn |
| Mar 31, 2026 | 80.01 Mn |
| Dec 31, 2025 | 79.72 Mn |
| Sep 30, 2025 | 79.96 Mn |
| Jun 30, 2025 | 56.47 Mn |
| Mar 31, 2025 | 47.69 Mn |
| Dec 31, 2024 | 31.74 Mn |
| Sep 30, 2024 | 22.38 Mn |
| Jun 30, 2024 | 5.03 Mn |
| Mar 31, 2024 | 7.69 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 162,000.00 |
| Jun 30, 2023 | -10.24 Mn |
| Mar 31, 2023 | -24.98 Mn |
| Jun 30, 2022 | -150.62 Mn |