Pagaya Technologies Ltd
NASDAQ:PGY
Pagaya Technologies Ltd
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.
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.
Profitability: Pagaya reported its fourth consecutive quarter of GAAP net income, with Q4 net income of $34 million and full-year net income of $81 million, a significant turnaround from a net loss in the prior year.
Revenue Growth: Full-year revenue grew 26% to $1.3 billion, and Q4 revenue was $335 million, up 20% year-over-year.
Risk Management: The company proactively reduced exposure to higher-risk credit segments in Q4 despite no observed deterioration in consumer credit, prioritizing stability and long-term profitability.
Funding & Liquidity: Pagaya expanded and diversified its funding base, including $3 billion in revolving ABS capacity and strong demand for its ABS deals, supporting future growth.
Guidance: For 2026, Pagaya expects network volume of $11.25–$13 billion, revenue of $1.4–$1.575 billion, adjusted EBITDA of $410–$460 million, and GAAP net income of $100–$150 million.
Partner Expansion: The company onboarded new partners, including GLS and a buy-now-pay-later provider, and signed long-term agreements with key partners, underpinning future growth despite a measured approach to risk.
