Pagaya Technologies (PGY) Total Debt (2021 - 2026)
Pagaya Technologies' (PGY) quarterly Total Debt came in at $471.9 million in Q2 2026, up 2.09% year-over-year from $462.2 million in Q2 2025, and down 0.66% quarter-over-quarter from $475.0 million in Q1 2026.
Analysis
Pagaya Technologies (PGY) Total Debt (2021 - 2026) Analysis & Trends
Pagaya Technologies (PGY) has reported Total Debt for 6 consecutive years, with $471.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt rose 2.09% year-over-year to $471.9 million in Q2 2026; TTM through Jun 2026 was $471.9 million, a 2.09% increase from a year earlier, with the FY2025 full-year figure at $481.6 million, up 11.9% from the prior year.
- Total Debt was $471.9 million for Q2 2026 at Pagaya Technologies, down from $475.0 million in the prior quarter.
- Over five years, Total Debt peaked at $487.8 million in Q3 2025 and troughed at $139.6 million in Q4 2022.
- A 5-year average of $388.5 million and a median of $430.4 million in 2024 frame the typical range for Total Debt.
- Across the five-year window, Total Debt jumped 268.37% in 2022 and advanced 2.09% in 2026, its largest moves.
- Over 5 years, Total Debt stood at $139.6 million in 2022, then soared by 94.59% to $271.7 million in 2023, then surged by 58.4% to $430.4 million in 2024, then advanced by 11.9% to $481.6 million in 2025, then retreated by 2.02% to $471.9 million in 2026.
- The last three Total Debt figures came in at $471.9 million (Q2 2026), $475.0 million (Q1 2026), and $481.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Upstart Holdings | 2.61 Bn | 2.16 Bn | 303.39 Mn | 145.21 Mn |
| 2 | Pagaya Technologies | 1.85 Bn | 1.60 Bn | 168.33 Mn | 471.87 Mn |
| 3 | Qfin Holdings | 1.18 Bn | 177.78 Mn | - | 320.74 Mn |
| 4 | FinVolution | 851.66 Mn | -91.39 Mn | - | 188.40 Mn |
| 5 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn | 82.94 Mn |
| 6 | Blend Labs | 357.46 Mn | 312.60 Mn | 24.89 Mn | - |
| 7 | X Financial | 221.20 Mn | -347.11 Mn | 84.09 Mn | 58.19 Mn |
| 8 | LexinFintech Holdings | 143.88 Mn | 143.88 Mn | 73.06 Mn | 218.58 Mn |
| 9 | Jiayin | 80.95 Mn | 6.93 Mn | - | 92.37 Mn |
| 10 | Antalpha Platform Holding | 76.01 Mn | -885.41 Mn | 11.94 Mn | 268.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 471.87 Mn |
| Mar 31, 2026 | 474.99 Mn |
| Dec 31, 2025 | 481.60 Mn |
| Sep 30, 2025 | 487.79 Mn |
| Jun 30, 2025 | 462.21 Mn |
| Mar 31, 2025 | 435.98 Mn |
| Dec 31, 2024 | 430.40 Mn |
| Sep 30, 2024 | 425.63 Mn |
| Jun 30, 2024 | 408.82 Mn |
| Mar 31, 2024 | 343.10 Mn |
| Dec 31, 2023 | 271.71 Mn |
| Jun 30, 2023 | 216.58 Mn |
| Dec 31, 2022 | 139.63 Mn |
| Dec 31, 2021 | 37.91 Mn |