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| Date | Value |
|---|---|
| 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 |