Pagaya Technologies (PGY) Research & Development (2023 - 2026)

Pagaya Technologies has disclosed Research & Development across 4 years of filings, most recently posting $15.9 million for Q1 2026.

• For the quarter ending Q1 2026, Research & Development fell 18.02% year-over-year to $15.9 million; the trailing twelve-month figure through Mar 2026 stood at $71.7 million (down 6.43% YoY), and the FY2025 full-year result was $75.2 million, down 1.77% from the prior year.
• Research & Development was $15.9 million for Q1 2026 at Pagaya Technologies, down from $19.1 million in the prior quarter.
• Over five years, Research & Development peaked at $21.9 million in Q2 2024 and troughed at $15.9 million in Q1 2026.
• The 4-year median for Research & Development is $18.5 million (2025), against an average of $18.6 million.
• Year-over-year, Research & Development advanced 24.19% in 2024 and dropped 18.02% in 2026.
• Year by year, Research & Development stood at $17.6 million in 2023, then rose by 5.99% to $18.6 million in 2024, then climbed by 2.56% to $19.1 million in 2025, then dropped by 16.45% to $15.9 million in 2026.
• Per Business Quant, the three latest PGY Research & Development figures stand at $15.9 million (Q1 2026), $19.1 million (Q4 2025), and $18.2 million (Q3 2025).