Pagaya Technologies Reports Q1 2025 Profitability Turnaround

Pagaya Technologies Ltd ( (PGY) ) has provided an update.

On May 7, 2025, Pagaya Technologies Ltd. reported its financial results for the first quarter ending March 31, 2025, highlighting a significant turnaround to GAAP profitability earlier than anticipated. The company achieved a net income of $8 million, a record adjusted EBITDA of $80 million, and total revenue of $290 million, marking substantial year-over-year growth. Pagaya also raised its full-year guidance for total revenue, GAAP net income, and adjusted EBITDA, indicating strong operational leverage and growing partner adoption. The company expanded its funding network with three new investors, raising $1.4 billion across three transactions in Q1, and expects continued growth in the second quarter and full year 2025.

Spark’s Take on PGY Stock

According to Spark, TipRanks’ AI Analyst, PGY is a Neutral.

Pagaya Technologies Ltd scores moderately due to strong revenue growth and a positive earnings outlook. However, challenges with profitability, high debt levels, and mixed technical signals limit the overall score. The promise of future profitability and strategic partnerships provides a positive long-term outlook.

To see Spark’s full report on PGY stock, click here.

More about Pagaya Technologies Ltd

Pagaya Technologies Ltd. is a global technology company that leverages artificial intelligence to provide financial infrastructure solutions, focusing on consumer credit and residential real estate. The company integrates its proprietary API and capital solutions into a network of partners to enhance user experiences and expand access to the mainstream economy. Pagaya operates from offices in New York and Tel Aviv.

Average Trading Volume: 2,527,736

Technical Sentiment Signal: Sell

Current Market Cap: $869.4M

For an in-depth examination of PGY stock, go to TipRanks’ Stock Analysis page.