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Pagaya Technologies (PGY) Research & Development (2021 - 2026)

Pagaya Technologies (PGY) has 6 years of Research & Development data on record, last reported at $15.9 million in Q1 2026.

  • On a quarterly basis, Research & Development fell 18.02% to $15.9 million in Q1 2026 year-over-year; TTM through Mar 2026 was $71.7 million, a 6.43% decrease, with the full-year FY2025 number at $75.2 million, down 1.77% from a year prior.
  • Research & Development reached $15.9 million in Q1 2026 per PGY's latest filing, down from $19.1 million in the prior quarter.
  • Over the last five years, Research & Development for PGY hit a ceiling of $65.1 million in Q2 2022 and a floor of $15.9 million in Q1 2026.
  • A 5-year average of $23.1 million and a median of $19.1 million in 2025 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: skyrocketed 660.45% in 2022, then plummeted 72.87% in 2023.
  • Tracing PGY's Research & Development over 5 years: stood at $23.6 million in 2022, then dropped by 25.49% to $17.6 million in 2023, then increased by 5.99% to $18.6 million in 2024, then increased by 2.56% to $19.1 million in 2025, then fell by 16.45% to $15.9 million in 2026.
  • Business Quant data shows Research & Development for PGY at $15.9 million in Q1 2026, $19.1 million in Q4 2025, and $18.2 million in Q3 2025.