Pagaya Technologies PGY
NASDAQ PGY
$22.08 -0.90 (-3.91%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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