Pagaya Technologies Ltd. (PGYWW) Operating Expenses (2022 - 2026)

Pagaya Technologies (PGYWW) posted quarterly Operating Expenses of $237.9 million for Q1 2026, down 1.8% year-on-year from $242.3 million in Q1 2025, and down 6.72% on a QoQ basis from $255.1 million in Q4 2025.

Pagaya Technologies Ltd. (PGYWW) Operating Expenses (2022 - 2026) Analysis & Trends

Pagaya Technologies (PGYWW) has reported Operating Expenses for 5 consecutive years, with $237.9 million the latest figure, recorded in Q1 2026.

  • Quarterly Operating Expenses fell 1.8% year-over-year to $237.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 6.5% YoY) and the FY2025 annual result came in at $1.0 billion, up 7.47% from the prior year.
  • Operating Expenses slipped to $237.9 million in Q1 2026 per PGYWW's latest filing, from $255.1 million in the prior quarter.
  • Over the last five years, Operating Expenses for PGYWW reached as high as $332.2 million in Q2 2022 and fell as low as $205.8 million in Q2 2023.
  • A 5-year average of $243.5 million and a median of $240.1 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses sank 38.03% — and 2024, when it advanced 19.41%.
  • Year by year, Operating Expenses stood at $332.2 million in 2022, then sank by 37.57% to $207.4 million in 2023, then advanced by 19.41% to $247.7 million in 2024, then climbed by 3.0% to $255.1 million in 2025, then declined by 6.72% to $237.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $237.9 million, $255.1 million, and $270.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 237.94 Mn
Dec 31, 2025 255.09 Mn
Sep 30, 2025 270.21 Mn
Jun 30, 2025 269.93 Mn
Mar 31, 2025 242.30 Mn
Dec 31, 2024 247.66 Mn
Sep 30, 2024 234.85 Mn
Jun 30, 2024 245.32 Mn
Mar 31, 2024 237.59 Mn
Dec 31, 2023 207.39 Mn
Sep 30, 2023 211.60 Mn
Jun 30, 2023 205.85 Mn
Mar 31, 2023 211.61 Mn
Jun 30, 2022 332.17 Mn