Pagaya Technologies (PGY) Operating Leases (2022 - 2026)
Pagaya Technologies' (PGY) quarterly Operating Leases came in at $32.4 million in Q2 2026, down 10.17% year-over-year from $36.1 million in Q2 2025, and down 0.63% quarter-over-quarter from $32.6 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Operating Leases (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Operating Leases for 5 consecutive years, with $32.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 10.17% year-over-year to $32.4 million in Q2 2026; TTM through Jun 2026 was $32.4 million, a 10.17% decrease from a year earlier, with the FY2025 full-year figure at $34.2 million, down 7.69% from the prior year.
- Operating Leases was $32.4 million for Q2 2026 at Pagaya Technologies, down from $32.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $51.1 million in Q2 2023 and troughed at $32.4 million in Q2 2026.
- A 5-year average of $39.6 million and a median of $36.1 million in 2025 frame the typical range for Operating Leases.
- The widest YoY moves for Operating Leases: up 5.35% in 2025, down 27.53% in 2025.
- Over 5 years, Operating Leases stood at $49.1 million in 2022, then fell by 10.5% to $43.9 million in 2023, then decreased by 15.65% to $37.1 million in 2024, then decreased by 7.69% to $34.2 million in 2025, then slipped by 5.26% to $32.4 million in 2026.
- The last three Operating Leases figures came in at $32.4 million (Q2 2026), $32.6 million (Q1 2026), and $34.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.41 Mn |
| 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 |