Pagaya Technologies Ltd. (PGYWW) Gross Margin (2022 - 2026)
Pagaya Technologies (PGYWW) posted quarterly Gross Margin of 44.15% for Q1 2026, up 177.0% year-on-year from 15.94% in Q1 2025, and up 2.12% on a QoQ basis from 43.24% in Q4 2025.
Pagaya Technologies Ltd. (PGYWW) Gross Margin (2022 - 2026) Analysis & Trends
Pagaya Technologies (PGYWW) has reported Gross Margin for 5 consecutive years, with 44.15% the latest figure, recorded in Q1 2026.
- Quarterly Gross Margin rose 177.0% year-over-year to 44.15% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 42.85% (up 41.0% YoY) and the FY2025 annual result came in at 42.43%, up 33.0% from the prior year.
- Gross Margin grew to 44.15% in Q1 2026 per PGYWW's latest filing, from 43.24% in the prior quarter.
- Over the last five years, Gross Margin for PGYWW reached as high as 44.15% in Q1 2026 and fell as low as 32.99% in Q1 2023.
- A 5-year average of 40.93% and a median of 41.96% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin sank 383 bps — and 2024, when it soared 794 bps.
- Year by year, Gross Margin stood at 42.18% in 2022, then dropped by 9 bps to 38.32% in 2023, then grew by 13 bps to 43.38% in 2024, then slipped by 0 bps to 43.24% in 2025, then grew by 2 bps to 44.15% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 44.15%, 43.24%, and 42.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.15% |
| Dec 31, 2025 | 43.24% |
| Sep 30, 2025 | 42.72% |
| Jun 30, 2025 | 41.34% |
| Mar 31, 2025 | 42.38% |
| Dec 31, 2024 | 43.38% |
| Sep 30, 2024 | 42.09% |
| Jun 30, 2024 | 41.84% |
| Mar 31, 2024 | 40.93% |
| Dec 31, 2023 | 38.32% |
| Sep 30, 2023 | 39.18% |
| Jun 30, 2023 | 38.34% |
| Mar 31, 2023 | 32.99% |
| Jun 30, 2022 | 42.18% |