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| Date | Value |
|---|---|
| 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 |