Pagaya Technologies Ltd.: Mixed — EPS $1.07, Revenue $390.49M
Mixed ResultQ3 2026 · Pre-market
Did Pagaya Technologies Ltd. (PGY) beat earnings today?
It was a mixed report for Q3 2026 — Pagaya Technologies Ltd. (PGY) beat on EPS but missed on revenue.
Earnings Per Share+7.00% surprise
$1.07Actual
Expected: $1.00
vs. year ago +4.9%
Total Revenue-99.90% surprise
$390.49MActual
Expected: $383.07B
vs. year ago +11.5%
Released Oct 29 · 7:03 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue from fees | $362.15M | $339.89M | +6.6% |
| Total Revenue and Other Income | $390.49M | $350.17M | +11.5% |
| Net Income | $49.73M | $22.55M | +120.6% |
| GAAP Basic EPS | $0.58 | $0.27 | +114.8% |
| GAAP Diluted EPS | $0.52 | $0.23 | +126.1% |
| Non-GAAP Basic EPS | $1.22 | $1.18 | +3.4% |
| Non-GAAP Diluted EPS | $1.07 | $1.02 | +4.9% |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY26 Outlook |
|---|---|---|
| Network Volume | $2.961B-$3.261B | $12.725B-$13.025B |
| Total Revenue and Other Income | $355M-$405M | $1.45B-$1.5B |
| Adjusted EBITDA | $117M-$137M | $465M-$485M |
| GAAP Net Income | $42M-$62M | $162M-$182M |
Business Highlights
- ➤Onboarded Citizens Financial Group and First National Bank of Omaha for Personal Loans and Point-of-Sale.
- ➤Reached 7 partners onboarded over the last 12 months.
- ➤Closed over $2B of longer-duration committed capital across Auto and Personal Loan facilities.
- ➤Expanded funding diversification and capacity to support originations through cycles.
Management Commentary
Gal Krubiner, CEO and Co-Founder
“Our momentum is building on itself: more partners, more products, and more applications feeding a network that is becoming essential infrastructure for consumer lending,”