NASDAQ$PGY
Pagaya Technologies Ltd · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Pagaya Technologies Ltd reported its financial results for the second quarter ended June 30, 2025.
The company achieved revenue from fees of $317.7 million and total revenue and other income of $326.4 million for the quarter. Operating income reached $56.5 million with net income attributable to Pagaya Technologies Ltd. of $16.7 million, resulting in basic and diluted EPS of $0.20. Network Volume grew to $2.65 billion, reflecting continued business expansion.
- Revenue from fees increased 31% year-over-year to $317.7 million, driven by higher Network AI fees and contract fees.
- Operating income rose significantly to $56.5 million from $5.0 million in the prior-year quarter.
- Network Volume reached $2.65 billion, up 14% from Q2 2024.
- Net income attributable to shareholders was $16.7 million compared to a net loss of $74.8 million in Q2 2024.
Headline financials
Revenue & EPS history
Pagaya · Revenue · Quarterly
$326M
Forward guidance
The company provided general forward-looking statements regarding business strategy and market conditions but no specific numerical guidance for future periods.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
-0.4%
Avg return
Earnings day
-2.8%
Avg return
5 days after
-8.5%
Avg return
30 days after
45%
9 / 20 earnings
Positive
+24.3%
Q4 2024
Best reaction
-39.7%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | +3.3% | -8.9% | -1.8% | |
| Q4 2025 | -23.9% | -33.3% | -38.4% | |
| Q3 2025 | +12.7% | -2.2% | +1.0% | |
| Q1 2025 | -2.4% | +33.6% | +52.4% | |
| Q4 2024 | +24.3% | +43.9% | -10.4% | |
| Q3 2024 | -39.7% | -47.8% | -43.9% | |
| Q2 2024 | -21.5% | -18.8% | -18.7% | |
| Q1 2024 | +20.8% | +16.8% | +17.6% | |
| Q4 2023 | +15.4% | +15.4% | -34.4% | |
| Q3 2023 | +9.3% | +4.7% | +14.0% | |
| Q2 2023 | +9.1% | -9.5% | -7.4% | |
| Q1 2023 | -7.2% | -4.6% | +25.8% | |
| Q4 2021 | -2.6% | -9.3% | -3.1% | |
| Q4 2020 | -2.6% | -9.3% | -3.1% | |
| Q4 2022 | -3.7% | -8.2% | -26.1% | |
| Q3 2022 | +10.2% | +0.0% | -42.5% | |
| Q2 2022 | -9.0% | -17.6% | -51.4% | |
| Q1 2022 | -0.3% | -0.1% | -0.2% | |
| Q3 2021 | +0.2% | +0.2% | +1.2% | |
| Q2 2021 | -0.1% | -0.3% | -0.5% | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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