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Pagaya Technologies (PGYWW) Operating Expenses (2023 - 2025)

Pagaya Technologies (PGYWW) has disclosed Operating Expenses for 3 consecutive years, with $255.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 3.0% to $255.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.0 billion, a 7.47% increase, with the full-year FY2025 number at $1.0 billion, up 7.47% from a year prior.
  • Operating Expenses was $255.1 million for Q4 2025 at Pagaya Technologies, down from $270.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $270.2 million in Q3 2025 to a low of $205.8 million in Q2 2023.
  • A 3-year average of $236.6 million and a median of $239.9 million in 2024 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: rose 19.41% in 2024, then increased 1.99% in 2025.
  • Pagaya Technologies' Operating Expenses stood at $207.4 million in 2023, then increased by 19.41% to $247.7 million in 2024, then rose by 3.0% to $255.1 million in 2025.
  • Per Business Quant, the three most recent readings for PGYWW's Operating Expenses are $255.1 million (Q4 2025), $270.2 million (Q3 2025), and $269.9 million (Q2 2025).