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Pagaya Technologies (PGYWW) Financials

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$0.10 +0.00 (+0.84%)
As of 02:59 PM Eastern
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Annual Income Statements for Pagaya Technologies

Annual Income Statements for Pagaya Technologies

This table shows Pagaya Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
4.91 -134 -315 -128 -401
Consolidated Net Income / (Loss)
20 -70 -293 -197 -446
Net Income / (Loss) Continuing Operations
20 -70 -293 -197 -446
Total Pre-Tax Income
21 -62 -276 -181 -421
Total Operating Income
21 -5.81 -252 -24 67
Total Gross Profit
50 242 298 303 435
Total Revenue
99 475 749 812 1,032
Operating Revenue
99 475 749 812 1,032
Total Cost of Revenue
49 232 451 509 598
Operating Cost of Revenue
49 232 451 509 598
Total Operating Expenses
29 248 549 328 368
Selling, General & Admin Expense
11 132 294 203 241
Marketing Expense
5.67 50 104 50 50
Research & Development Expense
12 66 151 74 77
Total Other Income / (Expense), net
-0.06 -56 -25 -157 -488
Other Income / (Expense), net
-0.06 -56 -25 -157 -488
Income Tax Expense
1.28 7.88 16 16 25
Net Income / (Loss) Attributable to Noncontrolling Interest
15 41 22 -68 -44
Basic Earnings per Share
$0.03 ($8.25) ($8.22) ($2.14) ($5.66)
Weighted Average Basic Shares Outstanding
191.15M 16.28M 38.25M 60.04M 70.88M
Diluted Earnings per Share
$0.02 ($8.25) ($8.22) ($2.14) ($5.66)
Weighted Average Diluted Shares Outstanding
206.92M 16.28M 38.25M 60.04M 70.88M
Weighted Average Basic & Diluted Shares Outstanding
- - 683.31M 67.98M 80.30M

Quarterly Income Statements for Pagaya Technologies

This table shows Pagaya Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-61 -31 -22 -14 -21 -75 -67 -238
Consolidated Net Income / (Loss)
-99 -32 -46 -20 -32 -83 -74 -257
Net Income / (Loss) Continuing Operations
-99 -32 -46 -20 -32 -83 -74 -257
Total Pre-Tax Income
-92 -27 -47 -15 -27 -68 -86 -241
Total Operating Income
-25 -10 0.16 11 7.69 5.03 22 32
Total Gross Profit
62 75 83 84 100 105 108 121
Total Revenue
187 196 212 218 245 250 257 279
Operating Revenue
187 196 212 218 245 250 257 279
Total Cost of Revenue
125 121 129 134 145 146 149 158
Operating Cost of Revenue
125 121 129 134 145 146 149 158
Total Operating Expenses
87 85 83 73 93 100 86 89
Selling, General & Admin Expense
51 53 53 46 63 64 58 55
Marketing Expense
14 15 11 9.58 10 13 11 15
Research & Development Expense
21 18 18 18 19 22 17 19
Total Other Income / (Expense), net
-67 -17 -47 -26 -34 -73 -108 -272
Other Income / (Expense), net
-67 -17 -47 -26 -34 -73 -108 -272
Income Tax Expense
6.67 5.01 -1.16 5.06 5.00 15 -12 17
Net Income / (Loss) Attributable to Noncontrolling Interest
-38 -0.84 -24 -5.62 -10 -7.89 -6.76 -19
Basic Earnings per Share
($1.03) ($0.53) ($0.36) ($0.24) ($0.33) ($1.04) ($0.93) ($3.36)
Weighted Average Basic Shares Outstanding
59.26M 59.61M 60.71M 60.04M 64.50M 71.77M 72.73M 70.88M
Diluted Earnings per Share
($1.03) ($0.53) ($0.36) ($0.24) ($0.33) ($1.04) ($0.93) ($3.36)
Weighted Average Diluted Shares Outstanding
59.26M 59.61M 60.71M 60.04M 64.50M 71.77M 72.73M 70.88M
Basic & Diluted Earnings per Share
- - - ($0.24) - - - ($3.36)
Weighted Average Basic & Diluted Shares Outstanding
- - - 67.98M 75.90M 76.82M 78.66M 80.30M
Cash Dividends to Common per Share
- - - $0.07 - - - $0.03

Annual Cash Flow Statements for Pagaya Technologies

This table details how cash moves in and out of Pagaya Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
1.00 199 133 -115 3.98
Net Cash From Operating Activities
4.26 50 -40 9.58 67
Net Cash From Continuing Operating Activities
4.26 50 -40 9.58 67
Net Income / (Loss) Continuing Operations
20 -70 -293 -197 -446
Consolidated Net Income / (Loss)
20 -70 -293 -197 -446
Depreciation Expense
0.29 0.82 6.29 19 29
Amortization Expense
- - 0.00 0.00 3.74
Non-Cash Adjustments To Reconcile Net Income
-0.18 121 288 208 478
Changes in Operating Assets and Liabilities, net
-16 -2.86 -42 -21 2.09
Net Cash From Investing Activities
-123 -141 -265 -413 -499
Net Cash From Continuing Investing Activities
-123 -141 -265 -413 -499
Purchase of Property, Plant & Equipment
-1.10 -6.62 -22 -20 -18
Acquisitions
0.00 -23 -5.75 0.00 -15
Purchase of Investments
-103 -202 -356 -566 -694
Divestitures
0.35 8.93 0.45 1.61 0.03
Sale and/or Maturity of Investments
29 29 113 172 228
Other Investing Activities, net
-48 53 5.02 0.00 0.00
Net Cash From Financing Activities
120 290 438 289 437
Net Cash From Continuing Financing Activities
120 290 438 289 437
Repayment of Debt
0.00 0.00 -65 -261 -541
Payment of Dividends
-20 -82 -78 -44 -9.82
Issuance of Debt
0.00 38 182 468 819
Issuance of Preferred Equity
65 173 0.00 74 0.00
Issuance of Common Equity
75 172 107 52 169
Other Financing Activities, net
0.00 0.75 292 -0.65 0.00
Effect of Exchange Rate Changes
- - 0.00 -0.52 -0.59
Cash Interest Paid
0.00 0.00 4.34 18 80
Cash Income Taxes Paid
0.32 2.61 6.94 9.17 4.91

Quarterly Cash Flow Statements for Pagaya Technologies

This table details how cash moves in and out of Pagaya Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-20 15 -47 -62 88 -42 -87 45
Net Cash From Operating Activities
-24 -1.84 16 19 20 15 -1.50 32
Net Cash From Continuing Operating Activities
-24 -1.84 16 19 20 15 -1.50 32
Net Income / (Loss) Continuing Operations
-99 -32 -46 -20 -32 -83 -74 -257
Consolidated Net Income / (Loss)
-99 -32 -46 -20 -32 -83 -74 -257
Depreciation Expense
3.52 4.47 5.18 5.97 6.32 7.04 7.12 8.28
Amortization Expense
- - - - - - - 1.67
Non-Cash Adjustments To Reconcile Net Income
85 33 60 30 41 75 94 268
Changes in Operating Assets and Liabilities, net
-14 -7.24 -2.64 2.64 4.77 16 -31 11
Net Cash From Investing Activities
-100 -91 -125 -97 -231 -120 -111 -36
Net Cash From Continuing Investing Activities
-100 -91 -125 -97 -231 -120 -111 -36
Purchase of Property, Plant & Equipment
-5.53 -4.97 -5.06 -4.63 -5.15 -4.38 -4.24 -3.98
Acquisitions
- - - - - - - -15
Purchase of Investments
-122 -152 -163 -130 -262 -147 -130 -155
Sale and/or Maturity of Investments
26 65 43 38 36 31 23 138
Net Cash From Financing Activities
103 110 63 12 299 64 25 49
Net Cash From Continuing Financing Activities
103 110 63 12 299 64 25 49
Repayment of Debt
-77 -63 -67 -54 -183 -44 -42 -272
Payment of Dividends
-12 -17 -10 -4.45 -2.52 -2.80 -2.57 -1.93
Issuance of Debt
182 110 132 44 386 110 63 260
Issuance of Common Equity
10 5.17 10 27 98 0.02 9.69 61
Effect of Exchange Rate Changes
0.00 -2.69 -1.51 3.69 -0.82 -0.90 0.54 0.59

Annual Balance Sheets for Pagaya Technologies

This table presents Pagaya Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Total Assets
590 1,045 1,208 1,291
Total Current Assets
247 420 303 351
Cash & Equivalents
191 310 186 188
Restricted Cash
7.00 23 17 19
Short-Term Investments
5.14 1.01 2.49 7.80
Accounts Receivable
32 59 80 112
Prepaid Expenses
6.26 27 18 25
Plant, Property, & Equipment, net
7.65 32 42 38
Total Noncurrent Assets
336 594 863 902
Long-Term Investments
292 489 741 778
Noncurrent Note & Lease Receivables
19 39 34 29
Goodwill
- 0.00 11 23
Intangible Assets
- 0.00 2.55 13
Other Noncurrent Operating Assets
19 66 75 58
Total Liabilities & Shareholders' Equity
590 1,045 1,208 1,291
Total Liabilities
106 280 468 775
Total Current Liabilities
29 128 75 195
Short-Term Debt
0.00 62 38 127
Accounts Payable
12 1.74 1.29 6.99
Accrued Expenses
17 49 29 45
Current Deferred & Payable Income Tax Liabilities
0.00 6.42 0.46 9.86
Other Current Liabilities
0.00 8.53 6.93 6.45
Total Noncurrent Liabilities
77 152 393 580
Long-Term Debt
38 93 324 517
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 0.57 22 31
Other Noncurrent Operating Liabilities
27 50 47 32
Redeemable Noncontrolling Interest
307 0.00 74 74
Total Equity & Noncontrolling Interests
177 765 666 442
Total Preferred & Common Equity
1.29 554 560 326
Total Common Equity
1.29 554 560 326
Common Stock
113 968 1,102 1,282
Retained Earnings
-112 -414 -543 -944
Accumulated Other Comprehensive Income / (Loss)
0.00 -0.71 0.44 -11
Noncontrolling Interest
176 212 106 115

Quarterly Balance Sheets for Pagaya Technologies

This table presents Pagaya Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024
Total Assets
1,483 1,453 1,371
Total Current Assets
399 361 298
Cash & Equivalents
274 234 147
Restricted Cash
17 17 18
Short-Term Investments
1.30 1.66 11
Accounts Receivable
87 93 98
Prepaid Expenses
19 15 24
Plant, Property, & Equipment, net
43 41 39
Total Noncurrent Assets
1,041 1,051 1,033
Long-Term Investments
920 936 938
Noncurrent Note & Lease Receivables
35 33 31
Goodwill
11 11 11
Intangible Assets
1.91 1.28 0.64
Other Noncurrent Operating Assets
73 70 53
Total Liabilities & Shareholders' Equity
1,483 1,453 1,371
Total Liabilities
683 763 754
Total Current Liabilities
169 241 254
Short-Term Debt
121 189 208
Accounts Payable
3.14 7.30 5.84
Accrued Expenses
37 36 33
Current Deferred & Payable Income Tax Liabilities
2.07 2.46 2.37
Other Current Liabilities
6.66 6.43 5.49
Total Noncurrent Liabilities
514 522 499
Long-Term Debt
445 444 446
Noncurrent Deferred Revenue
25 37 23
Noncurrent Deferred & Payable Income Tax Liabilities
0.11 0.11 0.19
Other Noncurrent Operating Liabilities
43 41 31
Redeemable Noncontrolling Interest
74 74 74
Total Equity & Noncontrolling Interests
726 616 543
Total Preferred & Common Equity
627 526 462
Total Common Equity
627 526 462
Common Stock
1,215 1,236 1,259
Retained Earnings
-564 -639 -706
Accumulated Other Comprehensive Income / (Loss)
-24 -71 -90
Noncontrolling Interest
99 90 80

Annual Metrics and Ratios for Pagaya Technologies

This table displays calculated financial ratios and metrics derived from Pagaya Technologies' official financial filings.

Metric 2020 2021 2022 2023 2024
Growth Metrics
- - - - -
Revenue Growth
0.00% 379.33% 57.81% 8.43% 27.12%
EBITDA Growth
0.00% -383.10% -343.97% 40.00% -139.83%
EBIT Growth
0.00% -390.82% -348.31% 34.45% -132.45%
NOPAT Growth
0.00% -120.36% -4,229.57% 90.30% 373.93%
Net Income Growth
0.00% -448.98% -321.12% 32.80% -126.54%
EPS Growth
0.00% -448.98% -321.12% 32.80% -164.49%
Operating Cash Flow Growth
0.00% 1,070.10% -180.30% 123.94% 594.58%
Free Cash Flow Firm Growth
0.00% 0.00% -695.89% 69.87% 147.03%
Invested Capital Growth
0.00% 0.00% 262.94% 58.59% 7.60%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 6.32%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% -129.79%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% -115.34%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 46.09%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% -113.65%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% -131.02%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 24.56%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 6.32%
Profitability Metrics
- - - - -
Gross Margin
50.42% 51.05% 39.77% 37.33% 42.10%
EBITDA Margin
21.70% -12.82% -36.06% -19.95% -37.65%
Operating Margin
21.47% -1.22% -33.58% -3.00% 6.48%
EBIT Margin
21.41% -12.99% -36.90% -22.31% -40.80%
Profit (Net Income) Margin
20.12% -14.65% -39.09% -24.23% -43.18%
Tax Burden Percent
93.98% 112.77% 105.93% 108.59% 105.84%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
6.02% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% -30.16% -282.11% -13.50% 29.05%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -1.55% -261.36% 15.19% 134.55%
Return on Net Nonoperating Assets (RNNOA)
0.00% 1.46% 235.26% -12.64% -100.03%
Return on Equity (ROE)
0.00% -28.70% -46.85% -26.14% -70.98%
Cash Return on Invested Capital (CROIC)
0.00% -230.16% -395.70% -58.82% 21.73%
Operating Return on Assets (OROA)
0.00% -10.44% -33.80% -16.08% -33.70%
Return on Assets (ROA)
0.00% -11.78% -35.81% -17.46% -35.66%
Return on Common Equity (ROCE)
0.00% -0.08% -20.80% -19.33% -50.09%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% -52.89% -35.15% -136.51%
Net Operating Profit after Tax (NOPAT)
20 -4.07 -176 -17 47
NOPAT Margin
20.17% -0.86% -23.51% -2.10% 4.53%
Net Nonoperating Expense Percent (NNEP)
0.00% -28.62% -20.75% -28.69% -105.50%
Return On Investment Capital (ROIC_SIMPLE)
- - -19.14% -1.66% 4.31%
Cost of Revenue to Revenue
49.58% 48.95% 60.23% 62.67% 57.90%
SG&A Expenses to Revenue
10.78% 27.86% 39.28% 25.04% 23.33%
R&D to Revenue
12.46% 13.95% 20.15% 9.16% 7.42%
Operating Expenses to Revenue
28.96% 52.27% 73.35% 40.33% 35.63%
Earnings before Interest and Taxes (EBIT)
21 -62 -276 -181 -421
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
21 -61 -270 -162 -389
Valuation Ratios
- - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 1.68 2.24
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 1.73 2.51
Price to Revenue (P/Rev)
0.00 0.00 0.00 1.16 0.71
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 3.47 3.42
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.66 0.55
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 12.21
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 56.22 8.59
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 16.32
Leverage & Solvency
- - - - -
Debt to Equity
0.00 0.08 0.20 0.49 1.25
Long-Term Debt to Equity
0.00 0.08 0.12 0.44 1.00
Financial Leverage
0.00 -0.94 -0.90 -0.83 -0.74
Leverage Ratio
0.00 1.22 1.31 1.50 1.99
Compound Leverage Factor
0.00 1.22 1.31 1.50 1.99
Debt to Total Capital
0.00% 7.26% 16.81% 32.83% 55.52%
Short-Term Debt to Total Capital
0.00% 0.00% 6.72% 3.42% 10.94%
Long-Term Debt to Total Capital
0.00% 7.26% 10.09% 29.41% 44.58%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 92.50% 23.03% 16.36% 16.33%
Common Equity to Total Capital
0.00% 0.25% 60.16% 50.80% 28.16%
Debt to EBITDA
0.00 -0.62 -0.57 -2.23 -1.66
Net Debt to EBITDA
0.00 7.52 2.47 3.61 0.90
Long-Term Debt to EBITDA
0.00 -0.62 -0.34 -2.00 -1.33
Debt to NOPAT
0.00 -9.32 -0.88 -21.18 13.76
Net Debt to NOPAT
0.00 112.49 3.79 34.24 -7.46
Long-Term Debt to NOPAT
0.00 -9.32 -0.53 -18.97 11.05
Altman Z-Score
0.00 0.00 0.00 0.98 -0.59
Noncontrolling Interest Sharing Ratio
0.00% 99.73% 55.61% 26.05% 29.43%
Liquidity Ratios
- - - - -
Current Ratio
0.00 8.60 3.28 4.05 1.80
Quick Ratio
0.00 7.96 2.89 3.58 1.58
Cash Flow Metrics
- - - - -
Free Cash Flow to Firm (FCFF)
0.00 -31 -247 -74 35
Operating Cash Flow to CapEx
388.06% 751.98% -178.52% 47.44% 375.04%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - -
Asset Turnover
0.00 0.80 0.92 0.72 0.83
Accounts Receivable Turnover
0.00 14.68 16.36 11.71 10.77
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 62.05 38.10 22.18 25.96
Accounts Payable Turnover
0.00 20.06 67.74 336.49 144.40
Days Sales Outstanding (DSO)
0.00 24.87 22.31 31.18 33.90
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 18.19 5.39 1.08 2.53
Cash Conversion Cycle (CCC)
0.00 6.67 16.92 30.10 31.37
Capital & Investment Metrics
- - - - -
Invested Capital
0.00 27 98 155 167
Invested Capital Turnover
0.00 35.21 12.00 6.42 6.41
Increase / (Decrease) in Invested Capital
0.00 27 71 57 12
Enterprise Value (EV)
0.00 0.00 0.00 538 571
Market Capitalization
0.00 0.00 0.00 943 731
Book Value per Share
$0.00 $0.08 $14.47 $0.82 $4.15
Tangible Book Value per Share
$0.00 $0.08 $14.47 $0.80 $3.69
Total Capital
0.00 522 920 1,102 1,160
Total Debt
0.00 38 155 362 644
Total Long-Term Debt
0.00 38 93 324 517
Net Debt
0.00 -457 -668 -585 -349
Capital Expenditures (CapEx)
1.10 6.62 22 20 18
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 15 20 60 69
Debt-free Net Working Capital (DFNWC)
0.00 218 354 266 283
Net Working Capital (NWC)
0.00 218 292 228 156
Net Nonoperating Expense (NNE)
0.05 65 117 180 492
Net Nonoperating Obligations (NNO)
0.00 -457 -668 -585 -349
Total Depreciation and Amortization (D&A)
0.29 0.82 6.29 19 32
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 3.15% 2.71% 7.43% 6.64%
Debt-free Net Working Capital to Revenue
0.00% 45.91% 47.22% 32.78% 27.40%
Net Working Capital to Revenue
0.00% 45.91% 38.96% 28.14% 15.11%
Earnings Adjustments
- - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($8.28) $0.00 ($5.66)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 38.25M 0.00 70.88M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($8.28) $0.00 ($5.66)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 38.25M 0.00 70.88M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 56.94M 0.00 80.30M
Normalized Net Operating Profit after Tax (NOPAT)
20 -4.07 -176 -17 47
Normalized NOPAT Margin
20.17% -0.86% -23.51% -2.10% 4.53%
Pre Tax Income Margin
21.41% -12.99% -36.90% -22.31% -40.80%
Debt Service Ratios
- - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - -
Dividend Payout Ratio
99.73% -117.30% -26.56% -22.25% -2.20%
Augmented Payout Ratio
99.73% -134.51% -26.56% -22.25% -2.20%

Quarterly Metrics and Ratios for Pagaya Technologies

This table displays calculated financial ratios and metrics derived from Pagaya Technologies' official financial filings.

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% 0.00% 31.42% 27.98% 21.48% 28.14%
EBITDA Growth
0.00% 0.00% 0.00% 0.00% 77.00% -169.69% -87.59% -2,457.84%
EBIT Growth
0.00% 0.00% 0.00% 0.00% 71.01% -151.23% -82.08% -1,505.64%
NOPAT Growth
0.00% 0.00% 0.00% 0.00% 130.79% 149.10% 13,717.28% 197.96%
Net Income Growth
0.00% 0.00% 0.00% 0.00% 67.90% -157.25% -61.58% -1,183.26%
EPS Growth
0.00% 0.00% 0.00% 0.00% 67.96% -96.23% -158.33% -1,300.00%
Operating Cash Flow Growth
0.00% 0.00% 0.00% 0.00% 186.47% 941.90% -109.32% 69.21%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.60%
Revenue Q/Q Growth
0.00% 4.81% 8.25% 2.97% 0.00% 2.07% 2.75% 8.61%
EBITDA Q/Q Growth
0.00% 74.37% -84.96% 78.50% 0.00% -200.49% -28.65% -193.22%
EBIT Q/Q Growth
0.00% 70.49% -73.58% 68.19% 0.00% -155.70% -25.80% -180.50%
NOPAT Q/Q Growth
0.00% 59.01% 101.58% 6,475.31% 0.00% -34.63% 345.28% 41.79%
Net Income Q/Q Growth
0.00% 67.41% -42.94% 56.38% 0.00% -161.13% 10.22% -246.39%
EPS Q/Q Growth
0.00% 67.41% -42.94% 56.38% 0.00% -215.15% 10.58% -261.29%
Operating Cash Flow Q/Q Growth
0.00% 92.23% 977.23% 17.40% 0.00% -24.32% -109.71% 2,231.85%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 12.46% -8.72% 107.37%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% -13.24% 17.59% 6.32%
Profitability Metrics
- - - - - - - -
Gross Margin
32.99% 38.34% 39.18% 38.32% 40.93% 41.84% 42.09% 43.38%
EBITDA Margin
-47.39% -11.59% -19.80% -4.13% -8.29% -24.42% -30.57% -82.53%
Operating Margin
-13.38% -5.23% 0.08% 4.89% 3.14% 2.01% 8.70% 11.36%
EBIT Margin
-49.27% -13.87% -22.24% -6.87% -10.87% -27.23% -33.34% -86.09%
Profit (Net Income) Margin
-52.84% -16.43% -21.69% -9.19% -12.91% -33.03% -28.86% -92.03%
Tax Burden Percent
107.25% 118.45% 97.54% 133.75% 118.77% 121.29% 86.56% 106.89%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 17.89% 24.83% 19.48% 75.31% 50.96%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 22.60% 36.29% 50.47% 114.40% 110.80%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% -17.86% -29.31% -40.70% -85.28% -82.37%
Return on Equity (ROE)
0.00% 0.00% 0.00% 0.04% -4.48% -21.22% -9.97% -31.42%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% -47.95% 0.00% 0.00% 0.00% 21.73%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% -4.95% -6.38% -17.34% -23.61% -71.11%
Return on Assets (ROA)
0.00% 0.00% 0.00% -6.62% -7.58% -21.03% -20.44% -76.01%
Return on Common Equity (ROCE)
0.00% 0.00% 0.00% 0.03% -3.51% -16.18% -7.47% -22.17%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% -20.70% -34.28% -45.12% 0.00%
Net Operating Profit after Tax (NOPAT)
-17 -7.17 0.11 7.46 5.38 3.52 16 22
NOPAT Margin
-9.37% -3.66% 0.05% 3.42% 2.19% 1.41% 6.09% 7.95%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% -4.70% -11.47% -30.99% -39.09% -59.84%
Return On Investment Capital (ROIC_SIMPLE)
- - - 0.73% - - - 2.05%
Cost of Revenue to Revenue
67.01% 61.66% 60.82% 61.68% 59.07% 58.16% 57.91% 56.62%
SG&A Expenses to Revenue
27.39% 27.10% 25.23% 21.00% 25.71% 25.74% 22.47% 19.86%
R&D to Revenue
11.32% 9.03% 8.52% 8.05% 7.90% 8.76% 6.47% 6.66%
Operating Expenses to Revenue
46.38% 43.57% 39.10% 33.44% 37.80% 39.83% 33.39% 32.02%
Earnings before Interest and Taxes (EBIT)
-92 -27 -47 -15 -27 -68 -86 -241
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-88 -23 -42 -9.02 -20 -61 -79 -231
Valuation Ratios
- - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 1.68 0.09 1.84 1.76 2.24
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 1.73 0.09 1.89 1.80 2.51
Price to Revenue (P/Rev)
0.00 0.00 0.00 1.16 0.07 1.05 0.84 0.71
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 3.47 0.00 4.31 3.23 3.42
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.66 0.00 0.62 0.52 0.55
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 34.97 15.82 12.21
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 56.22 0.00 8.11 9.49 8.59
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 16.32
Leverage & Solvency
- - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.49 0.71 0.92 1.06 1.25
Long-Term Debt to Equity
0.00 0.00 0.00 0.44 0.56 0.64 0.72 1.00
Financial Leverage
0.00 0.00 0.00 -0.79 -0.81 -0.81 -0.75 -0.74
Leverage Ratio
0.00 0.00 0.00 1.50 1.85 2.11 2.22 1.99
Compound Leverage Factor
0.00 0.00 0.00 1.50 1.85 2.11 2.22 1.99
Debt to Total Capital
0.00% 0.00% 0.00% 32.83% 41.44% 47.84% 51.45% 55.52%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 3.42% 8.84% 14.29% 16.38% 10.94%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 29.41% 32.60% 33.56% 35.07% 44.58%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 16.36% 12.69% 12.39% 12.17% 16.33%
Common Equity to Total Capital
0.00% 0.00% 0.00% 50.80% 45.88% 39.77% 36.38% 28.16%
Debt to EBITDA
0.00 0.00 0.00 -2.23 -6.03 -4.78 -3.87 -1.66
Net Debt to EBITDA
0.00 0.00 0.00 3.61 6.88 4.20 2.72 0.90
Long-Term Debt to EBITDA
0.00 0.00 0.00 -2.00 -4.74 -3.35 -2.64 -1.33
Debt to NOPAT
0.00 0.00 0.00 -21.18 97.85 38.42 20.42 13.76
Net Debt to NOPAT
0.00 0.00 0.00 34.24 -111.68 -33.77 -14.36 -7.46
Long-Term Debt to NOPAT
0.00 0.00 0.00 -18.97 76.98 26.95 13.92 11.05
Altman Z-Score
0.00 0.00 0.00 1.44 0.23 0.73 0.47 -0.13
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 26.05% 21.66% 23.75% 25.07% 29.43%
Liquidity Ratios
- - - - - - - -
Current Ratio
0.00 0.00 0.00 4.05 2.36 1.50 1.17 1.80
Quick Ratio
0.00 0.00 0.00 3.58 2.14 1.36 1.01 1.58
Cash Flow Metrics
- - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 0.00 0.00 -149 -130 -141 10
Operating Cash Flow to CapEx
-428.39% -37.02% 319.06% 408.91% 397.86% 353.68% -35.51% 806.41%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - -
Asset Turnover
0.00 0.00 0.00 0.72 0.59 0.64 0.71 0.83
Accounts Receivable Turnover
0.00 0.00 0.00 11.71 9.97 9.90 9.88 10.77
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 22.18 20.36 22.78 24.67 25.96
Accounts Payable Turnover
0.00 0.00 0.00 336.49 168.61 75.83 98.36 144.40
Days Sales Outstanding (DSO)
0.00 0.00 0.00 31.18 36.63 36.86 36.95 33.90
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 1.08 2.16 4.81 3.71 2.53
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 30.10 34.46 32.05 33.24 31.37
Capital & Investment Metrics
- - - - - - - -
Invested Capital
0.00 0.00 0.00 155 154 134 157 167
Invested Capital Turnover
0.00 0.00 0.00 5.23 11.31 13.86 12.36 6.41
Increase / (Decrease) in Invested Capital
0.00 0.00 0.00 0.00 154 134 157 12
Enterprise Value (EV)
0.00 0.00 0.00 538 -416 576 507 571
Market Capitalization
0.00 957 1,080 943 57 968 812 731
Book Value per Share
$0.00 $0.00 $0.00 $0.82 $9.22 $6.93 $6.02 $4.15
Tangible Book Value per Share
$0.00 $0.00 $0.00 $0.80 $9.03 $6.77 $5.87 $3.69
Total Capital
0.00 0.00 0.00 1,102 1,366 1,323 1,271 1,160
Total Debt
0.00 0.00 0.00 362 566 633 654 644
Total Long-Term Debt
0.00 0.00 0.00 324 445 444 446 517
Net Debt
0.00 0.00 0.00 -585 -646 -556 -460 -349
Capital Expenditures (CapEx)
5.53 4.97 5.06 4.63 5.15 4.38 4.24 3.98
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 60 58 56 76 69
Debt-free Net Working Capital (DFNWC)
0.00 0.00 0.00 266 351 309 252 283
Net Working Capital (NWC)
0.00 0.00 0.00 228 230 120 44 156
Net Nonoperating Expense (NNE)
81 25 46 27 37 86 90 279
Net Nonoperating Obligations (NNO)
0.00 0.00 0.00 -585 -646 -556 -460 -349
Total Depreciation and Amortization (D&A)
3.52 4.47 5.18 5.97 6.32 7.04 7.12 9.95
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 7.43% 6.64% 6.07% 7.85% 6.64%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 32.78% 40.26% 33.38% 25.98% 27.40%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 28.14% 26.38% 12.96% 4.53% 15.11%
Earnings Adjustments
- - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 ($2.88) ($0.33) ($1.04) ($0.93) ($3.36)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 5.00M 64.50M 71.77M 72.73M 70.88M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 ($2.88) ($0.33) ($1.04) ($0.93) ($3.36)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 5.00M 64.50M 71.77M 72.73M 70.88M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 ($2.88) $0.00 $0.00 $0.00 ($3.36)
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 5.67M 75.90M 76.82M 78.66M 80.30M
Normalized Net Operating Profit after Tax (NOPAT)
-17 -7.17 0.11 7.46 5.38 3.52 16 22
Normalized NOPAT Margin
-9.37% -3.66% 0.05% 3.42% 2.19% 1.41% 6.09% 7.95%
Pre Tax Income Margin
-49.27% -13.87% -22.24% -6.87% -10.87% -27.23% -33.34% -86.09%
Debt Service Ratios
- - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% -22.25% -26.27% -11.19% -5.91% -2.20%
Augmented Payout Ratio
0.00% 0.00% 0.00% -22.25% -26.27% -11.19% -6.49% -2.20%

Frequently Asked Questions About Pagaya Technologies' Financials

When does Pagaya Technologies's financial year end?

According to the most recent income statement we have on file, Pagaya Technologies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Pagaya Technologies' net income changed over the last 4 years?

Pagaya Technologies' net income appears to be on an upward trend, with a most recent value of -$445.70 million in 2024, falling from $19.92 million in 2020. The previous period was -$196.74 million in 2023.

What is Pagaya Technologies's operating income?
Pagaya Technologies's total operating income in 2024 was $66.84 million, based on the following breakdown:
  • Total Gross Profit: $434.60 million
  • Total Operating Expenses: $367.76 million
How has Pagaya Technologies revenue changed over the last 4 years?

Over the last 4 years, Pagaya Technologies' total revenue changed from $99.01 million in 2020 to $1.03 billion in 2024, a change of 942.6%.

How much debt does Pagaya Technologies have?

Pagaya Technologies' total liabilities were at $775.28 million at the end of 2024, a 65.5% increase from 2023, and a 632.4% increase since 2021.

How much cash does Pagaya Technologies have?

In the past 3 years, Pagaya Technologies' cash and equivalents has ranged from $186.48 million in 2023 to $309.79 million in 2022, and is currently $187.92 million as of their latest financial filing in 2024.

How has Pagaya Technologies' book value per share changed over the last 4 years?

Over the last 4 years, Pagaya Technologies' book value per share changed from 0.00 in 2020 to 4.15 in 2024, a change of 415.1%.



This page (NASDAQ:PGYWW) was last updated on 4/25/2025 by MarketBeat.com Staff
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