P

Pagaya Technologies Ltd
NASDAQ:PGY

Watchlist Manager
Pagaya Technologies Ltd
NASDAQ:PGY
Watchlist
Price: 24.83 USD 0.24% Market Closed
Market Cap: 2B USD

Pagaya Technologies Ltd
Investor Relations

Pagaya Technologies Ltd is a IL-based company operating in Software industry. Pagaya Technologies Ltd is an Israel-based company. The company is primarily engaged in financial technology (FinTech) industry. The firm develops data science, machine learning and AI technology (Artificial Intelligence) analytics, enabling accurate, real-time customer credit assessments. Company's customers are lending companies that, by connecting to the AI Pagaya network, have the opportunity to discover and approve new customers that meet their credit criteria. Thanks to the Company's solutions, its customers gains a customer without undue risk. Pagaya Technologies Ltd delivers technology that provides loan assistance such as personal, car and credit card loans. The firm serves its clients all over the world.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Record Results: Pagaya delivered record quarterly network volume of $2.8 billion and revenue of $350 million, both up significantly year-over-year.

Profitability: The company achieved its third consecutive quarter of positive GAAP net income, reaching $23 million, and raised its full-year net income guidance.

Partner Expansion: Pagaya is onboarding a record number of new partners, with up to 8 in the queue, expanding across personal loans, auto, and point-of-sale.

Product Diversification: Growth is increasingly driven by multiproduct adoption and cross-selling among existing partners, with more than two-thirds of volume now from multiproduct relationships.

Funding Strength: The company diversified funding sources, completed $1.8 billion in ABS issuances, raised $500 million in corporate debt, and reduced its cost of capital.

Credit Quality: Credit performance remains strong and within expectations, with improved net losses across personal loans and auto compared to prior years.

Guidance Raised: Full-year 2025 outlook was raised for network volume, total revenue, adjusted EBITDA, and GAAP net income.

Key Financials
Network Volume
$2.8 billion
Personal Loan Volume Growth
31% year-over-year growth
Total Revenue and Other Income
$350 million
FRLPC (Fee Revenue Less Production Costs)
$139 million
FRLPC Percentage of Network Volume
5%
Adjusted EBITDA
$107 million
Adjusted EBITDA Margin
30.6%
Operating Income
$80 million
Operating Cash Flow
$67 million
GAAP Net Income
$23 million
GAAP Net Income Margin
6%
ABS Issuance
$1.8 billion across 4 transactions
Corporate Debt Raised
$500 million
Cash and Cash Equivalents
$265 million
Investments in Loans and Securities
$888 million
Interest Expense
$22 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Gal Krubiner
CEO, Co-Founder & Director
No Bio Available
Mr. Avital Pardo
CTO, Co-Founder & Director
No Bio Available
Mr. Yahav Yulzari
Chief Revenue Officer, Co-Founder & Director
No Bio Available
Ms. Tami Rosen
Chair of Advisory Board, Chief Development Officer & Director
No Bio Available
Mr. Sanjiv Das
President
No Bio Available
Mr. Evangelos Perros
Chief Financial Officer
No Bio Available
Mr. Ralph Lok Fu Leung
COO & Chief Commercial Officer
No Bio Available
Mr. Edward John Mallon
Chief Investment Officer
No Bio Available
Mr. Nam Woo Kim
Principal Accounting Officer and VP of Accounting & Financial Reporting
No Bio Available
Mr. Josh Fagen
Head of Investor Relations & COO of Finance
No Bio Available

Contacts

Address
TEL AVIV-YAFO
121 Menachem Begin Rd., 54Th Floor
Contacts