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Pagaya Technologies (PGYWW) Research & Development (2023 - 2025)

Pagaya Technologies (PGYWW) has disclosed Research & Development for 3 consecutive years, with $19.1 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development rose 2.56% to $19.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $75.2 million, a 1.77% decrease, with the full-year FY2025 number at $75.2 million, down 1.77% from a year prior.
  • Research & Development was $19.1 million for Q4 2025 at Pagaya Technologies, up from $18.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $21.9 million in Q2 2024 to a low of $16.7 million in Q3 2024.
  • A 3-year average of $18.8 million and a median of $18.5 million in 2024 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: grew 24.19% in 2024, then fell 15.87% in 2025.
  • Pagaya Technologies' Research & Development stood at $17.6 million in 2023, then rose by 5.99% to $18.6 million in 2024, then rose by 2.56% to $19.1 million in 2025.
  • Per Business Quant, the three most recent readings for PGYWW's Research & Development are $19.1 million (Q4 2025), $18.2 million (Q3 2025), and $18.5 million (Q2 2025).