← Pagaya Technologies Ltd.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $99.0m |
$445.9m
+350.32%
|
$685.4m
+53.73%
|
$772.8m
+12.75%
|
$1.0b
+29.99%
|
$1.3b
+25.56%
|
$1.3b
+5.09%
|
|
| Total Revenue and Other Income | $99.0m |
$474.6m
+379.33%
|
$748.9m
+57.81%
|
$812.1m
+8.43%
|
— | — | $1.3b | |
| Cost of Revenue | $77.8m |
$232.3m
+198.78%
|
$451.1m
+94.16%
|
$508.9m
+12.83%
|
$597.7m
+17.43%
|
$749.2m
+25.35%
|
$786.9m
+5.04%
|
|
| Gross Profit | $21.3m |
$213.5m
+904.76%
|
$234.3m
+9.73%
|
$263.9m
+12.61%
|
$406.9m
+54.20%
|
$512.2m
+25.87%
|
$538.7m
+5.17%
|
|
| Research And Development | $12.3m | $66.2m | $150.9m | $74.4m | $76.6m | $75.2m | $70.6m | |
| Sales and marketing | $5.7m | $49.6m | $104.2m | $49.8m | $50.4m | $53.6m | — | |
| Selling and Marketing Expense | $5.7m | $49.6m | $104.2m | $49.8m | $50.4m | $53.6m | $187.0m | |
| General and administrative | $10.7m | $132.2m | $294.2m | $203.4m | $240.8m | $159.6m | $141.4m | |
| Amortization of Intangible Assets | — | — | — | — | $3.5m | $5.2m | — | |
| Operating Lease, Expense | — | — | $11.9m | $13.0m | — | — | — | |
| Total Costs and Operating Expenses | $77.8m | $480.4m | $1.0b | $836.5m | $965.4m | $1.0b | — | |
| Other Non Operating Income Expenses | — | — | ($24.9m) | ($25.5m) | ($83.6m) | ($80.4m) | — | |
| Operating Income (Loss) | $21.3m |
($5.8m)
-127.33%
|
($251.5m)
-4229.57%
|
($24.4m)
+90.30%
|
$66.8m
+373.93%
|
$263.8m
+294.71%
|
$281.1m
+6.54%
|
|
| Interest income | $7.0m | $28.9m | $57.8m | $38.7m | $32.3m | $48.4m | $69.9m | |
| Investment income (loss) | $277k | ($155k) | $5.8m | $489k | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | ($4.2m) | ($1.1m) | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | — | — | — | ($4.2m) | ($1.1m) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | ($107.0m) | — | |
| Gain On Sale Of Security | — | — | $5.8m | ($130.8m) | ($408.7m) | ($115.4m) | ($149.6m) | |
| Income (Loss) from Equity Method Investments | — | ($155k) | $5.8m | $488k | ($4.6m) | ($8.4m) | — | |
| Other Nonoperating Income (Expense) | ($55k) | ($55.8m) | ($24.9m) | ($156.8m) | ($488.0m) | ($80.4m) | — | |
| Other income (expenses), net | ($55k) | ($55.8m) | ($24.9m) | ($156.8m) | ($488.0m) | ($80.4m) | — | |
| Other Income Expense | — | — | ($19.1m) | ($156.3m) | ($492.6m) | ($220.6m) | ($252.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($87.0m) | ($225.4m) | ($53.3m) | ($8.5m) | ($74.6m) | $98.7m | |
| Income (Loss) Before Income Taxes | $21.2m | ($61.6m) | ($276.4m) | ($181.2m) | ($421.1m) | $51.6m | — | |
| Pre-Tax Income | $21.2m | ($61.6m) | ($276.4m) | ($181.2m) | ($421.1m) | $51.6m | $98.7m | |
| Current Income Tax Expense (Benefit) | — | $11.2m | $10.2m | $17.2m | $24.5m | ($19.6m) | ($20.1m) | |
| Income Tax Expense (Benefit) | $1.3m | $7.9m | $16.4m | $15.6m | $24.6m | ($19.7m) | ($20.1m) | |
| Net Income From Continuing And Discontinued Operation | $14.5m | ($91.2m) | ($302.3m) | ($128.4m) | ($401.4m) | $81.4m | $126.8m | |
| Net income (loss) attributed to Pagaya Technologies Ltd. | $4.9m | ($134.3m) | ($314.5m) | ($128.4m) | ($401.4m) | $77.3m | $122.5m | |
| Net Income Continuous Operations | $19.9m | ($69.5m) | ($292.8m) | ($196.7m) | ($445.7m) | $71.4m | $118.8m | |
| Net Loss Including Noncontrolling Interests | $19.9m | ($69.5m) | ($292.8m) | ($196.7m) | ($445.7m) | $71.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5.5m | $21.6m | $9.5m | ($68.3m) | ($44.3m) | ($10.0m) | $122.5m | |
| Preferred Stock Dividends and Other Adjustments | — | $23.6m | $0 | $0 | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $9.6m | $19.6m | $12.2m | $0 | $0 | $4.1m | — | |
| Less: Undistributed earnings allocated to participating securities | $9.6m | $19.6m | $12.2m | $0 | $0 | $4.1m | — | |
| Otherunder Preferred Stock Dividend | $9.6m | $19.6m | $12.2m | $0 | $0 | $4.1m | — | |
| Earnings Per Share, Basic | $0.03 | ($0.69) | ($0.69) | ($2.14) | ($5.66) | $0.99 | $1.51 | |
| Earnings Per Share, Diluted | $0.02 | ($0.69) | ($0.69) | ($2.14) | ($5.66) | $0.93 | $1.41 | |
| Basic (in shares) | $191.1m | $195.3m | $459.0m | $60.0m | $70.9m | $78.3m | $81.6m | |
| Diluted (in shares) | $206.9m | $195.3m | $459.0m | $60.0m | $70.9m | $83.1m | $92.4m | |
| Weighted Average Number of Shares Outstanding, Basic | 191.1m | 195.3m | 459.0m | 60.0m | 70.9m | 78.3m | 81.6m | |
| Basic Average Shares | — | — | $38.3m | $60.0m | $70.9m | $78.3m | $81.6m | |
| Diluted Average Shares | — | — | $58.3m | $60.0m | $70.9m | $83.1m | $92.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 206.9m | 195.3m | 459.0m | 60.0m | 70.9m | 83.1m | 92.4m | |
| Additional Financial Items | ||||||||
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded | — | — | — | $134.5m | $347.2m | — | — | |
| Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Period Increase Decrease | — | — | — | — | $416.8m | ($122.9m) | — | |
| Deemed dividend from secondary transactions | $0 | $23.6m | $0 | $0 | — | — | — | |
| Diluted EPS | — | — | ($8.28) | ($2.14) | ($5.66) | $0.93 | $1.41 | |
| Diluted NI Availto Com Stockholders | $4.9m | ($134.3m) | ($314.5m) | ($128.4m) | ($401.4m) | $77.3m | $122.5m | |
| Minority Interests | — | — | ($9.5m) | $68.3m | $44.3m | $10.0m | $8.0m | |
| Normalized EBITDA | — | — | ($314.5m) | $86.3m | $476.8m | $394.1m | $303.6m | |
| Normalized Income | — | — | ($306.9m) | ($25.1m) | ($78.3m) | $192.1m | $230.2m | |
| Other Gand A | $10.7m | $132.2m | $294.2m | $203.4m | $240.8m | $159.6m | — | |
| Other Special Charges | — | — | — | — | $200k | $24.8m | — | |
| Reconciled Depreciation | — | — | $6.3m | $19.1m | $28.8m | $30.1m | $22.5m | |
| Selling General And Administration | — | — | $398.4m | $253.1m | $291.2m | $213.2m | — | |
| Special Income Charges | — | — | — | $0 | ($200k) | ($24.8m) | ($22.8m) | |
| Tax Effect Of Unusual Items | — | — | $1.2m | ($27.5m) | ($85.9m) | ($29.4m) | ($68.9m) | |
| Tax Provision | $1.3m | $7.9m | $16.4m | $15.6m | $24.6m | ($19.7m) | ($20.1m) | |
| Tax Rate For Calcs | — | — | $0 | $0 | $0 | $0 | $0 | |
| Costs and Expenses | $77.8m | $480.4m | $1.0b | $836.5m | $965.4m | $1.0b | — | |
| Production costs | $49.1m | $232.3m | $451.1m | $508.9m | — | — | — | |
| Operating Expense | — | — | $549.3m | $327.5m | $367.8m | $288.4m | $257.6m | |
| Total Unusual Items | — | — | $5.8m | ($130.8m) | ($408.9m) | ($140.2m) | ($172.3m) | |
| Total Expenses | $77.8m | $480.4m | $1.0b | $836.5m | $965.4m | $1.0b | $1.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.