Pagaya Technologies PGY
NASDAQ PGY
$22.08 -0.90 (-3.91%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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