Company: PGYWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001883085-25-000169
Chunk: 2

Company: Pagaya Technologies Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
ment (loss) income, net (2)(2,055)(443)(2,446)85 Total Revenue and Other Income326,398 250,344 616,387 495,620 Production costs191,465 145,602 358,548 290,483 Technology, data and product development18,455 21,935 37,899 41,315 Sales and marketing19,660 13,331 29,254 23,588 General and administrative40,349 64,449 86,532 127,517 Total Costs and Operating Expenses269,929 245,317 512,233 482,903 Operating Income56,469 5,027 104,154 12,717 Other expenses, net(34,928)(73,194)(82,661)(107,543)Income (Loss) Before Income Taxes21,541 (68,167)21,493 (94,826)Income tax expense4,978 14,512 2,438 19,515 Net Income (Loss) Including Noncontrolling Interests16,563 (82,679)19,055 (114,341)Less: Net loss attributable to noncontrolling interests(92)(7,894)(5,493)(18,333)Net Income (Loss) Attributable to Pagaya Technologies Ltd.$16,655 $(74,785)$24,548 $(96,008)Per share data:Net income (loss) attributable to Pagaya Technologies Ltd.$16,655 $(74,785)$24,548 $(96,008)Less: Undistributed earnings allocated to preferred shares1,017 — 1,509 — Net income (loss) attributed to Pagaya Technologies Ltd.’s ordinary shares$15,638 $(74,785)$23,039 $(96,008)Earnings (loss) per share attributable to Pagaya Technologies Ltd.:Basic$0.20 $(1.04)$0.30 $(1.41)Diluted$0.20 $(1.04)$0.29 $(1.41)Weighted average shares outstanding:Basic76,873,529 71,765,884 76,347,801 68,113,860 Diluted79,667,635 71,765,884 78,301,110 68,113,