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Pagaya Technologies profit margin PGY

Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.

Net margin, 12 months
9.1%
Operating margin, 12 months
24.8%
Net margin on a year earlier
+33.3 pts
Peer median
12.8%

Over the twelve months to Jun 30, 2026, Pagaya Technologies kept 9.1% of its revenue as net profit, with an operating margin of 24.8% and a gross margin of 43.6%.

The median for 10 credit services stocks of a similar size is 12.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20256.2%20.1%42.8%
FY2024−38.7%6.4%42.4%
FY2023−15.8%−3.0%37.3%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY269.1%+33.3 pts24.8%
Q1 FY267.3%+41.7 pts22.2%
Q4 FY256.2%+44.9 pts20.1%
Q3 FY25−15.2%+3.1 pts17.2%
Q2 FY25−24.2%−9.9 pts13.6%
Q1 FY25−34.4%−24.2 pts9.9%
Q4 FY24−38.7%−22.9 pts6.4%
Q3 FY24−18.3%n/a4.7%
Q2 FY24−14.3%n/a2.5%
Q1 FY24−10.2%n/a0.9%
Q4 FY23−15.8%n/a−3.0%
Q3 FY23n/an/an/a

Against its peers

Companies in Financial - Credit Services nearest Pagaya Technologies' size, closest first, today.

CompanyProfit margin
PGYPagaya Technologies9.1%
HAPNHappen18.7%
NUTXNutex Health21.2%
LQDTLiquidity Services6.8%
ATLCAtlanticus5.8%
WUWestern Union CO9.8%
ECPGEncore Capital15.9%
WDWalker & Dunlop3.0%
JCAPJefferson Capital23.5%
AGMFederal Agricultural Mortgage51.4%
PWPPerella Weinberg Partners3.2%
Peer median12.8%

Where Pagaya Technologies ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Pagaya Technologies

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.