Pagaya Technologies (PGYWW) FCF Margin (2023 - 2026)
Pagaya Technologies (PGYWW) posted quarterly FCF Margin of 12.58% for Q1 2026, up 201.0% YoY from 4.18% in Q1 2025, and down 47.34% sequentially from 23.89% in Q4 2025.
Pagaya Technologies (PGYWW) FCF Margin (2023 - 2026) Analysis & Trends
Pagaya Technologies has disclosed FCF Margin across 4 years of filings, most recently posting 12.58% for Q1 2026.
- In Q1 2026, FCF Margin rose 201.0% year-over-year to 12.58%; the TTM figure through Mar 2026 stood at 17.91% (up 1336.0% YoY), while the FY2025 annual figure was 17.82%, up 1483.0% from the prior year.
- FCF Margin declined to 12.58% in Q1 2026, from 23.89% in the prior quarter.
- Over the last five years, FCF Margin for PGYWW reached as high as 23.89% in Q4 2025 and fell as low as 15.64% in Q1 2023.
- The 4-year median for FCF Margin is 5.23% (2023), against an average of 5.58%.
- Annual changes were most pronounced in 2024 — FCF Margin sank 978 bps — and 2025, when it soared 2277 bps.
- A 4-year view of FCF Margin shows it stood at 6.78% in 2023, then jumped by 228 bps to 8.66% in 2024, then jumped by 176 bps to 23.89% in 2025, then plunged by 47 bps to 12.58% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.58%, 23.89%, and 18.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.07% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 72.18% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 54.62% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 14.80% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 30.29% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 55.21% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 14.55% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 34.10% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 15.44% |
| 10 | Pagaya Technologies | - | - | 140.38 Mn | 12.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.58% |
| Dec 31, 2025 | 23.89% |
| Sep 30, 2025 | 18.22% |
| Jun 30, 2025 | 16.85% |
| Mar 31, 2025 | 10.57% |
| Dec 31, 2024 | 8.66% |
| Sep 30, 2024 | -4.55% |
| Jun 30, 2024 | 2.03% |
| Mar 31, 2024 | 5.12% |
| Dec 31, 2023 | -6.78% |
| Sep 30, 2023 | 5.23% |
| Jun 30, 2023 | -3.67% |
| Mar 31, 2023 | -15.64% |