Pagaya Technologies (PGY) Share-based Compensation (2023 - 2026)
Pagaya Technologies' (PGY) quarterly Share-based Compensation came in at $8.6 million in Q2 2026, down 52.99% year-over-year from $18.2 million in Q2 2025, and up 19.08% quarter-over-quarter from $7.2 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Share-based Compensation (2023 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Share-based Compensation for 4 consecutive years, with $8.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Share-based Compensation fell 52.99% year-over-year to $8.6 million in Q2 2026; TTM through Jun 2026 was $38.5 million, a 35.19% decrease from a year earlier, with the FY2025 full-year figure at $54.1 million, down 12.0% from the prior year.
- Share-based Compensation was $8.6 million for Q2 2026 at Pagaya Technologies, up from $7.2 million in the prior quarter.
- Over five years, Share-based Compensation peaked at $20.7 million in Q3 2023 and troughed at $7.2 million in Q1 2026.
- A 4-year average of $14.5 million and a median of $14.6 million in 2023 frame the typical range for Share-based Compensation.
- Across the five-year window, Share-based Compensation gained 13.84% in 2024 and slumped 52.99% in 2026, its largest moves.
- Over 4 years, Share-based Compensation stood at $13.7 million in 2023, then grew by 13.84% to $15.6 million in 2024, then sank by 41.6% to $9.1 million in 2025, then retreated by 6.21% to $8.6 million in 2026.
- The last three Share-based Compensation figures came in at $8.6 million (Q2 2026), $7.2 million (Q1 2026), and $9.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 44.47 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | 8.57 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 | 1.13 Mn |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | 100,000.00 |
| 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 | 8.57 Mn |
| Mar 31, 2026 | 7.20 Mn |
| Dec 31, 2025 | 9.14 Mn |
| Sep 30, 2025 | 13.58 Mn |
| Jun 30, 2025 | 18.23 Mn |
| Mar 31, 2025 | 13.17 Mn |
| Dec 31, 2024 | 15.65 Mn |
| Sep 30, 2024 | 12.33 Mn |
| Jun 30, 2024 | 18.04 Mn |
| Mar 31, 2024 | 15.48 Mn |
| Dec 31, 2023 | 13.74 Mn |
| Sep 30, 2023 | 20.74 Mn |
| Jun 30, 2023 | 20.21 Mn |
| Mar 31, 2023 | 16.37 Mn |