Pagaya Technologies Ltd.
PGYNasdaqFinancials · Finance Services · L3 · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|
| Revenue | $1.26B | $1.00B | $772.8M | $685.4M | $445.9M |
| Operating income | $263.8M | $66.8M | −$24.4M | −$251.5M | −$5.8M |
| Net income | $81.4M | −$401.4M | −$128.4M | −$302.3M | −$91.2M |
| Total assets | $1.55B | $1.29B | $1.21B | $1.05B | — |
| Total liabilities | $960.5M | $775.3M | $468.4M | $279.7M | — |
| Equity | $480.0M | $326.5M | $559.7M | $553.5M | $177.4M |
| EPS (diluted) | $0.93 | $-5.66 | $-2.14 | $-8.22 | $-8.25 |
| Shares out. | 83.1M | 70.9M | 60.0M | 38.3M | 16.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 20.9%
- Net margin
- 6.5%
- Return on equity
- 17.0%
- Return on assets
- 5.3%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 62.1%
- Debt / equity
- 2.00×
- Book value / share
- $5.78
- Revenue growth (YoY)
- 25.6%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −10.2%clean
- Piotroski F-Score
- 6/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 5 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Viola Ventures V.C. Management 4 Ltd.Passive (13G)Nov 13, 2025
- Oak Hc/Ft Partners Ii, L.P.Activist (13D)Sep 22, 2025
- Frontier Capital Management Co LlcPassive (13G)Aug 14, 2025
- Gic Private LtdActivist (13D)Jul 2, 2025
- Blackrock, Inc.Passive (13G)Apr 24, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Rosen TamiDirector | Apr 17, 2026 | Sell | 9,720 | $15.14 |
| Perros EvangelosOfficer — Chief Financial Officer | Apr 1, 2026 | Option exercise | 22,766 | $0.00 |
| Das SanjivOfficer — President | Mar 12, 2026 | Option exercise | 23,750 | $0.00 |
| Perros EvangelosOfficer — Chief Financial Officer | Mar 12, 2026 | Option exercise | 20,625 | $0.00 |
| Rosen TamiOfficer — Chief Development Officer | Mar 12, 2026 | Option exercise | 15,625 | $0.00 |
| Vieira CoryOfficer — Chief Accounting Officer | Mar 2, 2026 | Option exercise | 5,209 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 14.1M | 3.1 | +0.8% |
| Apr 30, 2026 | 14.0M | 4.3 | +2.9% |
| Apr 15, 2026 | 13.6M | 4.6 | -3.9% |
| Mar 31, 2026 | 14.2M | 4.8 | +3.9% |
| Mar 13, 2026 | 13.6M | 4.8 | +6.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Director / officer change · Regulation FD disclosureMay 7, 2026
- Results of operations · Regulation FD disclosureFeb 9, 2026
- Regulation FD disclosureJan 13, 2026
- Other material eventDec 5, 2025
- Results of operations · Regulation FD disclosureNov 10, 2025
- Entered a material agreement · Terminated a material agreement · New financial obligation · Other material eventOct 2, 2025
- Results of operations · Regulation FD disclosureAug 7, 2025
- Entered a material agreement · Other material eventJul 28, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.