Pagaya Technologies Ltd. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q4 2025.

Symbol
PGY, PGYWW on Nasdaq
Location
New York, NY
Fiscal year end
31 December
Latest financial report
02 Mar 2026

Quick Takeaways

  • PGY - Pagaya Technologies Ltd. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q4 2025.
  • Headline metric: Return On Equity 13%.

What Changed

  • Return On Equity YoY change: <span class="text-red-600">-122%</span>.
  • Most recent SEC facts end date: 31 Dec 2025.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2025-12-31) highlights Return On Equity 13.0%, Return On Assets 11.6%, and Operating Margin 23.8%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

50.0/100

Caution Confidence medium

Return On Equity

13%

Metric score 29.2/100

Return On Assets

12%

Metric score 100.0/100

Financial Health

Current Ratio
13.11x
Quick Ratio
12.55x
Debt to Equity
1.47x

Strengths

Return On Assets, Operating Margin, and Revenues YoY

Watchpoints

Return On Equity, Current Ratio, and Quick Ratio

Key metrics snapshot

Return On Equity

13%

YoY: -122%

Industry median: -7.7% (n=122)

View history

Return On Assets

12%

YoY: -118%

Industry median: -10% (n=122)

View history

Operating Margin

24%

YoY: +214%

Industry median: -110% (n=58)

View history

Current Ratio

13.11x

YoY:

Industry median: 1.28x (n=84)

View history

Quick Ratio

12.55x

YoY:

Industry median: 1.26x (n=30)

View history

Debt-to-equity

1.47x

YoY: +40%

Industry median: 0.33x (n=76)

View history

Revenues YoY

26%

YoY:

Industry median: 9.9% (n=72)

View history

Profitability

Metric Latest value YoY change
Return On Equity 13% -122%
Return On Assets 12% -118%
Operating Margin 24% +214%

Financial Health

Metric Latest value YoY change
Current Ratio 13.11x
Quick Ratio 12.55x
Debt-to-equity 1.47x +40%

Growth

Metric Latest value YoY change
Revenues YoY 26%
Net Income (Loss) Attributable to Parent $81,389,000

Share Metrics

Metric Latest value YoY change
Weighted Average Number of Shares Outstanding, Basic 78,336,095 +11%
Weighted Average Number of Shares Outstanding, Diluted 83,097,227 +17%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $1,261,341,000 +26%
Research and Development Expense $75,213,000 -1.8%
Selling and Marketing Expense $53,591,000 +6.3%
General and Administrative Expense $159,560,000 -34%
Costs and Expenses $1,037,533,000 +7.5%
Operating Income (Loss) $263,827,000 +295%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $51,625,000
Income Tax Expense (Benefit) $19,745,000 -180%
Earnings Per Share, Basic 0.99
Earnings Per Share, Diluted 0.93
Cash and Cash Equivalents, at Carrying Value $235,329,000 +25%
Property, Plant and Equipment, Net $30,221,000 -20%
Operating Lease, Right-of-Use Asset $30,578,000 -17%
Intangible Assets, Net (Excluding Goodwill) $7,661,000 -40%
Goodwill $22,903,000 -0.69%
Assets $1,545,914,000 +20%
Liabilities $960,460,000 +24%
Accumulated Other Comprehensive Income (Loss), Net of Tax $48,319,000 -321%
Retained Earnings (Accumulated Deficit) $862,654,000 +8.6%
Stockholders' Equity Attributable to Parent $480,017,000 +47%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $555,351,000 +26%
Liabilities and Equity $1,545,914,000 +20%
Common Stock, Shares Authorized 839,999,998 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $288,349,000 +27%
Deferred Tax Assets, Valuation Allowance $111,648,000 -20%
Deferred Tax Assets, Gross $121,141,000 -18%
Operating Lease, Liability $34,212,000 -7.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $44,558,000
Lessee, Operating Lease, Liability, to be Paid $42,203,000 -10%
Property, Plant and Equipment, Gross $110,855,000 +19%
Lessee, Operating Lease, Liability, to be Paid, Year Two $8,629,000 -7.6%
Lessee, Operating Lease, Liability, to be Paid, Year One $10,085,000 +8.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 -1.1%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $7,991,000 -20%
Lessee, Operating Lease, Liability, to be Paid, Year Three $5,924,000 -25%
Deferred Tax Assets, Operating Loss Carryforwards $19,854,000 +43%
Unrecognized Tax Benefits $10,578,000 -66%
Lessee, Operating Lease, Liability, to be Paid, Year Four $6,022,000 +16%
Additional Paid in Capital $1,390,990,000 +8.5%
Deferred Tax Assets, Net of Valuation Allowance $9,493,000 +16%
Share-based Payment Arrangement, Expense $54,118,000 -12%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY