Network Ai Fees was Pagaya Technologies’s largest product and service line in fiscal 2025, bringing in $3.39B of $3.78B (90%).
| Product and Service | FY 2021 | FY 2024 | FY 2025 |
|---|---|---|---|
| Network Ai Fees | $2.75B | $3.39B | |
| Financial Service | $265.50M | $390.00M | |
| Total | $3.01B | $3.78B |
Pagaya Technologies brought in $3.78B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 25.6% from $3.01B in fiscal 2024. Network Ai Fees was the largest at $3.39B (89.7%), ahead of Financial Service at $390.00M (10.3%).
Compared with fiscal 2024, Financial Service grew 46.9% to $390.00M and Network Ai Fees grew 23.5% to $3.39B.
Services Transferred At A Point In Time was Pagaya Technologies’s largest revenue line in fiscal 2025, bringing in $3.36B of $3.78B (89%).
| Timing of Transfer of Good or Service | FY 2021 | FY 2024 | FY 2025 |
|---|---|---|---|
| Services Transferred At A Point In Time | $2.85B | $3.36B | |
| Services Transferred Over Time | $166.58M | $422.48M | |
| Total | $3.01B | $3.78B |
Pagaya Technologies brought in $3.78B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 25.6% from $3.01B in fiscal 2024. Services Transferred At A Point In Time was the largest at $3.36B (88.8%), ahead of Services Transferred Over Time at $422.48M (11.2%).
Compared with fiscal 2024, Services Transferred Over Time grew 153.6% to $422.48M and Services Transferred At A Point In Time grew 18.1% to $3.36B.
Securitization Vehicles was Pagaya Technologies’s largest revenue line in fiscal 2021, bringing in $1.09B of $1.34B (81%).
| Related Party Transaction | FY 2021 |
|---|---|
| Securitization Vehicles | $1.09B |
| Other Financing Vehicles | $249.60M |
| Total | $1.34B |
Pagaya Technologies brought in $1.34B from its two revenue lines in fiscal 2021, the year ended December 31, 2021. Securitization Vehicles was the largest at $1.09B (81.3%), ahead of Other Financing Vehicles at $249.60M (18.7%).
Pagaya Technologies (PGY) reports its revenue by product and service, by timing of transfer of good or service and by related party transaction. In fiscal 2025, Network Ai Fees was its largest product and service line, bringing in $3.39B (89.7% of the total), followed by Financial Service at $390.00M (10.3%).
Network Ai Fees was Pagaya Technologies' largest product and service line in fiscal 2025, bringing in $3.39B, or 89.7% of the $3.78B total across its two product and service lines.
Services Transferred At A Point In Time was Pagaya Technologies' largest revenue line in fiscal 2025, bringing in $3.36B, or 88.8% of the $3.78B total across its two revenue lines.
Financial Service grew faster than Network Ai Fees in fiscal 2025, up 46.9% from $265.50M to $390.00M. Network Ai Fees grew 23.5% to $3.39B.
Every figure comes from Pagaya Technologies' annual financial filings, as reported. Each line keeps the name Pagaya Technologies gives it, and years follow its fiscal calendar.
Pagaya Technologies' revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.