Pagaya Q4 revenue rises 20% to $335 mln

Pagaya Technologies

09/02/2026 12:13

Overview

AI infrastructure firm's Q4 revenue rose 20% yr/yr, reaching $335 mln

Company announced new partnerships and forward flow agreements

Outlook

Pagaya expects 1Q26 network volume between $2.5 bln and $2.7 bln

Company projects FY26 revenue between $1,400 mln and $1,575 mln

Pagaya anticipates FY26 adjusted EBITDA between $410 mln and $460 mln

Result Drivers

REVENUE GROWTH - Total revenue and other income increased by 20% yr/yr to $335 mln, driven by improved economics in Personal Loan and Auto verticals

EXPENSE MANAGEMENT - Record GAAP net income of $34 mln was driven by revenue growth, lower expenses, and normalized impairments

STRATEGIC INITIATIVES - New partnerships and forward flow agreements announced to support future growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Total Revenue & Other Income
$1.30 bln
FY Net Income
$81 mln
FY Adjusted EBITDA
$371 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the financial technology (fintech) peer group is "buy"

Wall Street's median 12-month price target for Pagaya Technologies Ltd is $39.00, about 109.2% above its February 6 closing price of $18.64

Press Release: ID:nBw4RG4tSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)