Pagaya Earnings Reports

Pagaya Technologies Ltd. delivered a strong second quarter in 2025, marked by record performance across key financial metrics. The company achieved positive GAAP net income for the second consecutive quarter, significantly increasing net income attributable to shareholders by $91 million year-over-year. Total revenue and other income grew by 30% year-over-year, and adjusted EBITDA saw a substantial 72% increase. Network volume also reached a record high, growing by 14% year-over-year, driven by strong performance in Auto and Point-of-Sale verticals. The company successfully issued its first AAA-rated Auto ABS and inaugural AAA-rated Point-of-Sale revolving ABS structures, alongside a successful $500 million Senior Unsecured Notes issuance.

Pagaya Technologies Ltd. announced strong financial results for the first quarter of 2025, with record Adjusted EBITDA and total revenue. The company achieved GAAP profitability earlier than anticipated, driven by revenue growth and operational efficiencies.

Pagaya Technologies reported record total revenue of $279 million, a GAAP operating income of $32 million, and an adjusted EBITDA of $64 million for Q4 2024. The company exceeded its outlook for key metrics and initiated guidance on GAAP profitability for the full year 2025, expecting to be GAAP Net Income profitable in the second quarter of 2025. It also addressed legacy investment issues and is fully self-funded.

Pagaya Technologies Ltd. reported strong Q3 2024 results, achieving record total revenue of $257 million, a GAAP operating income of $22 million, and an adjusted EBITDA of $56 million. The company focused on profitable, sustainable growth and is progressing towards GAAP profitability and cash flow generation in 2025.

Pagaya reported record financial results for Q2 2024, driven by a 28% year-over-year increase in total revenue and other income to $250 million. The company expanded its network with top lenders, enhanced funding capacity, and achieved a record adjusted EBITDA of $50 million. GAAP operating income was $5 million, marking the fourth consecutive quarter of positive GAAP operating income.

Pagaya Technologies reported a record first quarter, exceeding guidance on all metrics. Key highlights include record network volume, total revenue, and adjusted EBITDA. The company also onboarded a bank partner in its point-of-sale product and strengthened its capital position through corporate debt and equity raises.