Pagaya Technologies (PGYWW) Debt to Equity (2021 - 2026)

Pagaya Technologies (PGYWW) posted quarterly Debt to Equity of $0.26 for Q1 2026, down 72.51% YoY from $0.95 in Q1 2025, and down 35.43% sequentially from $0.4 in Q4 2025.

Pagaya Technologies (PGYWW) Debt to Equity (2021 - 2026) Analysis & Trends

Pagaya Technologies has disclosed Debt to Equity across 6 years of filings, most recently posting $0.26 for Q1 2026.

  • In Q1 2026, Debt to Equity fell 72.51% year-over-year to $0.26; the TTM figure through Mar 2026 stood at $0.26 (down 72.51% YoY), while the FY2025 annual figure was $0.4, down 37.46% from the prior year.
  • Debt to Equity declined to $0.26 in Q1 2026, from $0.4 in the prior quarter.
  • Over the last five years, Debt to Equity for PGYWW reached as high as $0.99 in Q2 2025 and fell as low as $0.02 in Q1 2024.
  • The 5-year median for Debt to Equity is $0.41 (2023), against an average of $0.5.
  • Annual changes were most pronounced in 2025 — Debt to Equity surged 5301.83% — and 2026, when it sank 72.51%.
  • A 5-year view of Debt to Equity shows it stood at $0.1 in 2022, then jumped by 306.61% to $0.41 in 2023, then soared by 58.24% to $0.65 in 2024, then plunged by 37.46% to $0.4 in 2025, then sank by 35.43% to $0.26 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.26, $0.4, and $0.91 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.10
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 2.84
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.17
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.50
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.85
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.33
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.08
10 Pagaya Technologies - - 140.38 Mn 0.26

Historic Data

Download Data
DateValue
Mar 31, 2026 0.26
Dec 31, 2025 0.40
Sep 30, 2025 0.91
Jun 30, 2025 0.99
Mar 31, 2025 0.95
Dec 31, 2024 0.65
Sep 30, 2024 0.76
Jun 30, 2024 0.02
Mar 31, 2024 0.02
Dec 31, 2023 0.41
Dec 31, 2022 0.10
Dec 31, 2021 0.21