# Pagaya Technologies Ltd. share price today (Pagaya Technologies Ltd., PGY)

> Pagaya Technologies Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PGY · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/pgy

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## Key numbers

- Price: $17.80 (−33.8% in a year)
- P/E: 10.7×, against its own history
- Revenue (Jun 2026): $387 M (+18.6% on a year ago)
- Profit (Jun 2026): $44.2 M (+182.6% on a year ago)
- Operating margin: 27.3% (+10.0 points on a year ago)
- ROE: 13%, FY25

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Pagaya Technologies Ltd. share price today? Pagaya Technologies Ltd.'s share price was $17.80 at the close on 3 November 2026. That is 8.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $26, and at that close it sat 47% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. Over the last 1 year the share price moved −23% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Pagaya Technologies Ltd. pay? Pagaya Technologies Ltd. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Pagaya Technologies Ltd. on? Pagaya Technologies Ltd. is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Pagaya Technologies Ltd. profitable? Pagaya Technologies Ltd. earned $44.2 M of net profit in the Jun 2026 quarter, +182.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $77.3 M. That is 11.4% of the quarter's revenue. The same quarter a year earlier earned $15.6 M. 6 of the last 12 reported quarters were loss-making. ## How much revenue does Pagaya Technologies Ltd. make, and is it growing? Pagaya Technologies Ltd. reported $387 M of revenue in the Jun 2026 quarter, +18.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 28.7% a year on average. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.4 B. FY25 revenue was $1.3 B, +26.1% on the year before. Recent pace: the last four quarters grew +21.0% on average, against 28.7% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +20.5%, against +22.6% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Pagaya Technologies Ltd. keep? Pagaya Technologies Ltd.'s operating margin was 27.3% in the Jun 2026 quarter, 10.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −33.6% and 20.3%. The latest quarter is above every full year in that period. Across 5 years it has been between −33.6% and 20.3%, and FY25's 20.3% is the highest of them. Why the margin moved: operating margin changed +10.0 percentage points on the year while gross margin changed +2.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Pagaya Technologies Ltd.'s profit turning into cash? Pagaya Technologies Ltd.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $239 M of operating cash against $77.3 M of profit. After $29.9 M of spending on assets, $209 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Pagaya Technologies Ltd.'s cash go? Pagaya Technologies Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $67.8 M on assets over the last 3 years. Averaged over those years that is 1.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $67.8 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Pagaya Technologies Ltd.'s P/E ratio, and how does it compare with its own history? Pagaya Technologies Ltd.'s P/E is 10.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Pagaya Technologies Ltd. business getting better or worse? Pagaya Technologies Ltd.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Pagaya Technologies Ltd. earn on its capital? Pagaya Technologies Ltd. earned a ROE of 13% in FY25. That is up from a low of −78% in FY24. Its return on capital used (ROIC) is 97.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.9% net margin and 0.84× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 5.9% net margin × 0.84× asset turnover × 2.64× leverage (assets divided by equity) ≈ 13.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 118.6% − 21.3% = +97.3 percentage points. The 21.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 118.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 106.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Pagaya Technologies Ltd. have too much debt? Pagaya Technologies Ltd. has total debt of $907 M against shareholder equity of $679 M as of Jun 2026, so its debt is 1.34× its equity. Year by year, that ratio went from 0.08 in FY21 to 1.47 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Pagaya Technologies Ltd. shareholding pattern? 14.4% of Pagaya Technologies Ltd.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 4.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Pagaya Technologies Ltd. from balance-sheet trouble? For Pagaya Technologies Ltd., the Z-score is 2.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.73 is in the grey area, neither clearly safe nor clearly in trouble. ## How does Pagaya Technologies Ltd. rank in its industry? There is no score against its industry: Pagaya Technologies Ltd. is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Pagaya Technologies Ltd. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Pagaya Technologies Ltd. in size? Pagaya Technologies Ltd. is the 75th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: A10 Networks, Inc., StoneCo and NextNav Inc. Just below it: Radware, Bandwidth Inc. and Rapid7, Inc. ### Software - Infrastructure companies close in size

1. [A10 Networks, Inc.](https://www.sectoralpha.in/us/stocks/aten) $1.8 billion
2. [StoneCo Ltd.](https://www.sectoralpha.in/us/stocks/stne) $1.7 billion
3. [NextNav Inc.](https://www.sectoralpha.in/us/stocks/nn) $1.7 billion
4. Pagaya Technologies Ltd. $1.5 billion
5. [Radware Ltd.](https://www.sectoralpha.in/us/stocks/rdwr) $1.4 billion
6. [Bandwidth Inc.](https://www.sectoralpha.in/us/stocks/band) $1.4 billion
7. [Rapid7, Inc.](https://www.sectoralpha.in/us/stocks/rpd) $1 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Natural Resource Partners L.P.](https://www.sectoralpha.in/us/stocks/nrp) $1.5 billion · Thermal Coal
2. [Hawaiian Electric Industries, Inc.](https://www.sectoralpha.in/us/stocks/he) $1.5 billion · Utilities - Regulated Electric
3. Pagaya Technologies Ltd. $1.5 billion
4. [United Parks & Resorts Inc.](https://www.sectoralpha.in/us/stocks/prks) $1.5 billion · Leisure
5. [Amalgamated Financial Corp.](https://www.sectoralpha.in/us/stocks/amal) $1.5 billion · Banks - Regional

## What else do people ask about Pagaya Technologies Ltd.? ### What were Pagaya Technologies Ltd. Ltd.'s latest quarterly results? Pagaya Technologies Ltd. reported revenue of $387 M and net profit of $44.2 M for the Jun 2026 quarter. Revenue rose 18.6% and profit rose 182.6% compared with a year earlier. Earnings per share were $0.49. The operating margin was 27.3%, 10.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Pagaya Technologies Ltd. Ltd.'s market cap? Pagaya Technologies Ltd.'s market capitalisation is $1.5 B at a stock price of $17.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Pagaya Technologies Ltd. Ltd. performing? Pagaya Technologies Ltd.'s latest readings are below. In its latest quarter, revenue rose 18.6% and profit rose 182.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Pagaya Technologies Ltd. Ltd.'s stock price go up? This page does not forecast Pagaya Technologies Ltd.'s stock price. What it shows instead: the stock price is $17.80. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does Pagaya Technologies Ltd. Ltd. have too much debt? Yes, Pagaya Technologies Ltd. has a lot of debt: its debt is 1.42× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Pagaya Technologies Ltd. Ltd. in its business cycle? Pagaya Technologies Ltd.'s FY25 operating margin was 20.3%, against a 5-year range of −33.6% to 20.3%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 27.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Pagaya Technologies Ltd. Ltd. story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Pagaya Technologies Ltd. Ltd. a stock worth studying right now? What the numbers show: Pagaya Technologies Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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