Pagaya Technologies Ltd. reported stronger results for the quarter ended March 31, 2026, with total revenue and other income of $317.9 million, up from $290.0 million a year earlier. Higher fee revenue, increased interest income and lower operating expenses lifted operating income to $80.0 million from $47.7 million.
After investment losses, other expenses and taxes, net income attributable to Pagaya rose to $24.7 million from $7.9 million, and diluted earnings per share improved to $0.28 from $0.10. Cash and restricted cash increased to $380.0 million, supported by positive operating cash flow of $43.2 million and net financing inflows, while total assets reached $1.65 billion.
Pagaya Technologies Ltd. reported stronger results for the quarter ended March 31, 2026, with total revenue and other income of $317.9 million, up from $290.0 million a year earlier. Higher fee revenue, increased interest income and lower operating expenses lifted operating income to $80.0 million from $47.7 million.
After investment losses, other expenses and taxes, net income attributable to Pagaya rose to $24.7 million from $7.9 million, and diluted earnings per share improved to $0.28 from $0.10. Cash and restricted cash increased to $380.0 million, supported by positive operating cash flow of $43.2 million and net financing inflows, while total assets reached $1.65 billion.
Pagaya Technologies Ltd. reported strong first quarter 2026 results and announced a planned Chief Financial Officer transition. Network volume reached $2.6 billion, up 9% year-over-year, while total revenue and other income were $317.9 million, up 10%.
GAAP net income attributable to shareholders was $24.7 million, compared with $7.9 million a year earlier, and Adjusted EBITDA was $94.2 million, up 18% with a 30% margin. The company raised full-year 2026 GAAP net income guidance to a range of $110 million to $160 million.
Pagaya also announced that CFO Evangelos Perros will step down effective June 15, 2026, and Chief Strategy Officer Jonathan Dobres will become CFO. Perros will remain as Strategic Executive Advisor through December 31, 2026 to support funding strategy and ensure continuity.
Pagaya Technologies Ltd. reported strong first quarter 2026 results and announced a planned Chief Financial Officer transition. Network volume reached $2.6 billion, up 9% year-over-year, while total revenue and other income were $317.9 million, up 10%.
GAAP net income attributable to shareholders was $24.7 million, compared with $7.9 million a year earlier, and Adjusted EBITDA was $94.2 million, up 18% with a 30% margin. The company raised full-year 2026 GAAP net income guidance to a range of $110 million to $160 million.
Pagaya also announced that CFO Evangelos Perros will step down effective June 15, 2026, and Chief Strategy Officer Jonathan Dobres will become CFO. Perros will remain as Strategic Executive Advisor through December 31, 2026 to support funding strategy and ensure continuity.
Pagaya Technologies Ltd. filed an amendment to its 2025 annual report to add detailed Part III information on directors, executive compensation, ownership and auditor fees, and to update the share count as of April 20, 2026.
The filing describes a nine‑member board, committee structures, and compensation governance policies, including an independent Compensation Committee and a Nasdaq‑compliant clawback policy. It highlights 2025 performance with GAAP net income attributable to shareholders of $81 million, total revenue and other income of $1.3 billion, and Adjusted EBITDA of $371 million, which were used as key metrics in setting executive bonuses. Executive pay emphasizes at‑risk cash bonuses and RSU awards, with 2025 bonus payouts based on a weighted company modifier of 187.5% and individual performance modifiers.
Pagaya Technologies Ltd. filed an amendment to its 2025 annual report to add detailed Part III information on directors, executive compensation, ownership and auditor fees, and to update the share count as of April 20, 2026.
The filing describes a nine‑member board, committee structures, and compensation governance policies, including an independent Compensation Committee and a Nasdaq‑compliant clawback policy. It highlights 2025 performance with GAAP net income attributable to shareholders of $81 million, total revenue and other income of $1.3 billion, and Adjusted EBITDA of $371 million, which were used as key metrics in setting executive bonuses. Executive pay emphasizes at‑risk cash bonuses and RSU awards, with 2025 bonus payouts based on a weighted company modifier of 187.5% and individual performance modifiers.
Pagaya Technologies Ltd. president Sanjiv Das exercised restricted stock units into ordinary shares in a routine equity award event. On October 16, 2025, he exercised 22,916 Restricted Stock Units, receiving the same number of Class A Ordinary Shares at a conversion price of $0.00 per share. A footnote explains this transaction relates to an award of 183,333 RSUs, with one quarter vesting on April 16, 2024 and the remainder vesting in six equal quarterly installments beginning July 16, 2024.
Pagaya Technologies Ltd. president Sanjiv Das exercised restricted stock units into ordinary shares in a routine equity award event. On October 16, 2025, he exercised 22,916 Restricted Stock Units, receiving the same number of Class A Ordinary Shares at a conversion price of $0.00 per share. A footnote explains this transaction relates to an award of 183,333 RSUs, with one quarter vesting on April 16, 2024 and the remainder vesting in six equal quarterly installments beginning July 16, 2024.
Pagaya Technologies Ltd. director Tami Rosen reported an open-market sale of 9,720 Class A Ordinary Shares at $15.14 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, and Rosen continues to hold 37,544 shares directly after the sale.
Pagaya Technologies Ltd. director Tami Rosen reported an open-market sale of 9,720 Class A Ordinary Shares at $15.14 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, and Rosen continues to hold 37,544 shares directly after the sale.
The issuer filed a Rule 144 notice relating to 9,720 shares of Common Stock consisting of Restricted Stock Units with an indicated filing/receipt date of 04/17/2026. The excerpt shows a reported sale by Tami Rosen of 5,905 shares on 03/12/2026 for $64,895.95.
The issuer filed a Rule 144 notice relating to 9,720 shares of Common Stock consisting of Restricted Stock Units with an indicated filing/receipt date of 04/17/2026. The excerpt shows a reported sale by Tami Rosen of 5,905 shares on 03/12/2026 for $64,895.95.
Vieira Cory reported acquisition or exercise transactions in this Form 4 filing.
Pagaya Technologies Ltd. reported that Chief Accounting Officer Cory Vieira received a grant of 28,571 Restricted Stock Units on April 1, 2026. These RSUs represent a stock-based compensation award, not an open-market share purchase or sale.
The grant will vest in eight equal quarterly installments beginning on June 25, 2026, so the award is earned over time rather than all at once. Following this grant, Vieira is shown as holding 28,571 RSUs/underlying Class A ordinary shares directly, aligning his compensation more closely with shareholder outcomes.
Vieira Cory reported acquisition or exercise transactions in this Form 4 filing.
Pagaya Technologies Ltd. reported that Chief Accounting Officer Cory Vieira received a grant of 28,571 Restricted Stock Units on April 1, 2026. These RSUs represent a stock-based compensation award, not an open-market share purchase or sale.
The grant will vest in eight equal quarterly installments beginning on June 25, 2026, so the award is earned over time rather than all at once. Following this grant, Vieira is shown as holding 28,571 RSUs/underlying Class A ordinary shares directly, aligning his compensation more closely with shareholder outcomes.
Perros Evangelos reported acquisition or exercise transactions in this Form 4 filing.
Pagaya Technologies Ltd. granted its Chief Financial Officer, Evangelos Perros, 175,000 Restricted Stock Units on April 1, 2026. Each RSU represents one Class A Ordinary Share.
The award will vest in eight equal quarterly installments, beginning on June 25, 2026. Following this grant, Perros holds 175,000 RSUs directly. The company notes the transaction was reported late due to an inadvertent administrative delay, rather than any error by the reporting person.
Perros Evangelos reported acquisition or exercise transactions in this Form 4 filing.
Pagaya Technologies Ltd. granted its Chief Financial Officer, Evangelos Perros, 175,000 Restricted Stock Units on April 1, 2026. Each RSU represents one Class A Ordinary Share.
The award will vest in eight equal quarterly installments, beginning on June 25, 2026. Following this grant, Perros holds 175,000 RSUs directly. The company notes the transaction was reported late due to an inadvertent administrative delay, rather than any error by the reporting person.
Pagaya Technologies Ltd. Chief Financial Officer Evangelos Perros had 22,766 restricted stock units convert into the same number of Class A ordinary shares at a price of $0.00 per share. On the same date, he sold 13,004 Class A shares at $11.34 per share to satisfy tax withholding obligations arising from the vesting of this compensatory award. Following these transactions, he directly holds 122,174 Class A ordinary shares.
Pagaya Technologies Ltd. Chief Financial Officer Evangelos Perros had 22,766 restricted stock units convert into the same number of Class A ordinary shares at a price of $0.00 per share. On the same date, he sold 13,004 Class A shares at $11.34 per share to satisfy tax withholding obligations arising from the vesting of this compensatory award. Following these transactions, he directly holds 122,174 Class A ordinary shares.
Pagaya Technologies Ltd. president Sanjiv Das exercised restricted stock units and sold shares related to that vesting. On March 12, 2026, he converted 23,750 restricted stock units into the same number of Class A ordinary shares at an exercise price of $0.00 per share.
On the same date, he sold 9,702 Class A ordinary shares at $10.99 per share, with a footnote stating the sale was necessary to satisfy tax withholding obligations from the vesting of a compensatory award. After these transactions, he directly owned 144,033.538 Class A ordinary shares.
Pagaya Technologies Ltd. president Sanjiv Das exercised restricted stock units and sold shares related to that vesting. On March 12, 2026, he converted 23,750 restricted stock units into the same number of Class A ordinary shares at an exercise price of $0.00 per share.
On the same date, he sold 9,702 Class A ordinary shares at $10.99 per share, with a footnote stating the sale was necessary to satisfy tax withholding obligations from the vesting of a compensatory award. After these transactions, he directly owned 144,033.538 Class A ordinary shares.