Growth Metrics

Pagaya Technologies (PGY) Research & Development: 2020-2024

Historic Research & Development for Pagaya Technologies (PGY) over the last 5 years, with Dec 2024 value amounting to $76.6 million.

  • Pagaya Technologies' Research & Development rose 9.49% to $18.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was $74.7 million, marking a year-over-year decrease of 1.04%. This contributed to the annual value of $76.6 million for FY2024, which is 2.94% up from last year.
  • Latest data reveals that Pagaya Technologies reported Research & Development of $76.6 million as of FY2024, which was up 2.94% from $74.4 million recorded in FY2023.
  • Over the past 5 years, Pagaya Technologies' Research & Development peaked at $150.9 million during FY2022, and registered a low of $12.3 million during FY2020.
  • Moreover, its 3-year median value for Research & Development was $76.6 million (2024), whereas its average is $100.6 million.
  • Per our database at Business Quant, Pagaya Technologies' Research & Development soared by 436.90% in 2021 and then crashed by 50.72% in 2023.
  • Yearly analysis of 5 years shows Pagaya Technologies' Research & Development stood at $12.3 million in 2020, then spiked by 436.90% to $66.2 million in 2021, then surged by 127.96% to $150.9 million in 2022, then plummeted by 50.72% to $74.4 million in 2023, then rose by 2.94% to $76.6 million in 2024.