Pagaya Technologies (PGY) Operating Leases (2022 - 2026)

Pagaya Technologies (PGY) posted quarterly Operating Leases of $32.6 million for Q1 2026, down 7.2% year-on-year from $35.1 million in Q1 2025, and down 4.66% on a QoQ basis from $34.2 million in Q4 2025.

Pagaya Technologies (PGY) Operating Leases (2022 - 2026) Analysis & Trends

Pagaya Technologies (PGY) has reported Operating Leases for 5 consecutive years, with $32.6 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Leases fell 7.2% year-over-year to $32.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $32.6 million (down 7.2% YoY) and the FY2025 annual result came in at $34.2 million, down 7.69% from the prior year.
  • Operating Leases declined to $32.6 million in Q1 2026 per PGY's latest filing, from $34.2 million in the prior quarter.
  • Over the last five years, Operating Leases for PGY reached as high as $51.1 million in Q2 2023 and fell as low as $32.6 million in Q1 2026.
  • A 5-year average of $40.2 million and a median of $36.6 million in 2024 frame the typical range for Operating Leases.
  • The largest YoY upside for Operating Leases was 5.35% in 2025 against a maximum downside of 27.53% in 2025.
  • Year by year, Operating Leases stood at $49.1 million in 2022, then declined by 10.5% to $43.9 million in 2023, then retreated by 15.65% to $37.1 million in 2024, then retreated by 7.69% to $34.2 million in 2025, then declined by 4.66% to $32.6 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $32.6 million, $34.2 million, and $35.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,899.00 Bn 2,774.56 Bn 56.06 Bn
2 PagSeguro Digital 2,665.77 Bn 2,665.77 Bn 358.92 Mn
3 Repay Holdings 345.18 Bn 345.04 Bn -
4 Oracle 341.28 Bn 309.39 Bn -
5 Palantir Technologies 297.37 Bn 289.35 Bn 1.42 Bn
6 Palo Alto Networks 221.30 Bn 216.77 Bn 1.91 Bn
7 CrowdStrike Holdings 181.55 Bn 178.45 Bn 993.68 Mn
8 Fortinet 108.85 Bn 105.56 Bn 1.49 Bn
9 Cloudflare 94.95 Bn 94.00 Bn 455.60 Mn
10 Pagaya Technologies 1.35 Bn 1.04 Bn 140.38 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 32.62 Mn
Dec 31, 2025 34.21 Mn
Sep 30, 2025 34.96 Mn
Jun 30, 2025 36.08 Mn
Mar 31, 2025 35.15 Mn
Dec 31, 2024 37.06 Mn
Sep 30, 2024 33.18 Mn
Jun 30, 2024 45.96 Mn
Mar 31, 2024 48.50 Mn
Dec 31, 2023 43.94 Mn
Jun 30, 2023 51.09 Mn
Dec 31, 2022 49.10 Mn