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Balance Sheets Overview

Debt to Asset Ratio
59.90%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Other assets
    • Restricted cash and cash equival...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Long-term debt
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
249,257
317,813
235,329
218,314
Restricted cash and cash equivalents
55,166
62,218
53,020
46,453
Fee receivables
190,470
170,688
153,250
154,976
Investments in loans and securities at fair value
1,040,118
941,367
945,269
887,736
Equity method and other investments
11,303
14,805
13,518
14,847
Right-of-use assets
27,324
28,965
30,578
32,166
Property, equipment and software, net
32,657
31,413
30,221
32,408
Goodwill
22,903
22,903
22,903
22,903
Intangible assets, net
4,801
6,231
7,661
9,091
Other assets
59,108
52,240
54,165
36,482
Total assets
1,693,107
1,648,643
1,545,914
1,455,376
Accounts payable
4,053
3,796
3,931
5,064
Accrued expenses and other liabilities
80,136
63,472
74,635
48,598
Operating lease liabilities
32,413
32,619
34,212
34,958
Income taxes payable and other tax liabilities
21,913
23,561
18,687
25,977
Warrant liability
775
561
4,723
7,379
Revolving credit facility
-
114,700
-
-
Secured borrowing
252,995
156,275
193,892
131,525
Exchangeable notes
150,070
149,416
148,782
148,148
Long-term debt
471,866
474,988
481,598
487,789
Total liabilities
1,014,221
1,019,388
960,460
889,438
Redeemable convertible preferred shares, no par value, 6,666,666 shares authorized, 2,027,147 shares issued and outstanding as of both june30, 2026 and december31, 2025 aggregate liquidation preference of 60,814 as of both june30, 2026 and december31, 2025
30,103
30,103
30,103
30,103
Common stock-Common Class A
0
0
0
0
Common stock-Common Class B
0
0
0
0
Additional paid-in capital
1,408,832
1,399,545
1,390,990
1,380,535
Accumulated other comprehensive loss
-21,992
-32,276
-48,319
-45,290
Accumulated deficit
-792,687
-837,960
-862,654
-896,950
Total pagaya technologies ltd. shareholders equity
594,153
529,309
480,017
438,295
Noncontrolling interests
54,630
69,843
75,334
97,540
Total equity
648,783
599,152
555,351
535,835
Total liabilities, redeemable convertible preferred shares, and equity
1,693,107
1,648,643
1,545,914
1,455,376
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Investments in loans andsecurities at fair value$1,040,118K Cash and cashequivalents$249,257K (36.22%↑ Y/Y)Fee receivables$190,470K Other assets$59,108K Restricted cash and cashequivalents$55,166K Property, equipment andsoftware, net$32,657K (-5.20%↓ Y/Y)Right-of-use assets$27,324K (-18.98%↓ Y/Y)Goodwill$22,903K (0.00%↑ Y/Y)Equity method and otherinvestments$11,303K (-42.00%↓ Y/Y)Intangible assets, net$4,801K (-54.37%↓ Y/Y)Total assets$1,693,107K (21.02%↑ Y/Y)Total liabilities,redeemable convertible...$1,693,107K (21.02%↑ Y/Y)Total liabilities$1,014,221K (18.37%↑ Y/Y)Total equity$648,783K (38.64%↑ Y/Y)Redeemable convertiblepreferred shares, no par...$30,103K (-59.46%↓ Y/Y)Long-term debt$471,866K (58.99%↑ Y/Y)Secured borrowing$252,995K (152.64%↑ Y/Y)Exchangeable notes$150,070K (1.72%↑ Y/Y)Accrued expenses andother liabilities$80,136K (100.93%↑ Y/Y)Operating leaseliabilities$32,413K (11.18%↑ Y/Y)Income taxes payableand other tax...$21,913K Accounts payable$4,053K (-55.90%↓ Y/Y)Warrant liability$775K (-68.64%↓ Y/Y)Total pagayatechnologies ltd....$594,153K (62.00%↑ Y/Y)Noncontrolling interests$54,630K (-46.03%↓ Y/Y)Accumulated deficit-$792,687K (13.79%↑ Y/Y)Accumulated othercomprehensive loss-$21,992K (33.49%↑ Y/Y)Additional paid-in capital$1,408,832K (6.79%↑ Y/Y)
pagaya-svg

Pagaya Technologies Ltd. (PGY)

pagaya-svg

Pagaya Technologies Ltd. (PGY)