Pagaya Technologies (PGY) Tax Rate (2022 - 2026)
Pagaya Technologies' (PGY) quarterly Tax Rate came in at 2.64% in Q2 2026, down 2575.0% year-over-year from 0.11% in Q2 2025, and down 122.88% quarter-over-quarter from 11.53% in Q1 2026.
Analysis
Pagaya Technologies (PGY) Tax Rate (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Tax Rate for 5 consecutive years, with 2.64% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 2575.0% year-over-year to 2.64% in Q2 2026; TTM through Jun 2026 was 20.39%, a 1793.0% decrease from a year earlier, with the FY2025 full-year figure at 38.25%, down 3241.0% from the prior year.
- Tax Rate was 2.64% for Q2 2026 at Pagaya Technologies, down from 11.53% in the prior quarter.
- Over five years, Tax Rate peaked at 5291.67% in Q1 2025 and troughed at 188.64% in Q3 2025.
- A 5-year average of 333.28% and a median of 7.25% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate surged 531043 bps in 2025 and sank 528014 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 13.67% in 2022, then plunged by 147 bps to 33.75% in 2023, then surged by 80 bps to 6.89% in 2024, then plunged by 358 bps to 31.6% in 2025, then surged by 92 bps to 2.64% in 2026.
- The last three Tax Rate figures came in at 2.64% (Q2 2026), 11.53% (Q1 2026), and 31.6% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 3.58% |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | -2.64% |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - | -63.26% |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - | -21.42% |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 2.13% |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | -8.78% |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn | -24.80% |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn | -34.54% |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - | -16.10% |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.64% |
| Mar 31, 2026 | 11.53% |
| Dec 31, 2025 | -31.60% |
| Sep 30, 2025 | -188.64% |
| Jun 30, 2025 | 23.11% |
| Mar 31, 2025 | 5,291.67% |
| Dec 31, 2024 | -6.89% |
| Sep 30, 2024 | 13.44% |
| Jun 30, 2024 | -21.29% |
| Mar 31, 2024 | -18.77% |
| Dec 31, 2023 | -33.75% |
| Sep 30, 2023 | 2.46% |
| Jun 30, 2023 | -18.45% |
| Mar 31, 2023 | -7.25% |
| Jun 30, 2022 | -13.67% |