Pagaya Reports First Quarter 2026 Results & Raising Full-Year Net Income Guidance
Pagaya reported Q1 2026 revenue of $318 million, up 10% year-over-year, with GAAP net income of $25 million, an increase of $17 million compared to the prior year. Adjusted EBITDA grew 18% to $94 million, outperforming the high end of company guidance, while network volume reached $2.6 billion, up 9% year-over-year.
Key figures
- Eps
- 0.28
- Revenue
- $318 million
- Guidance
- FY26 Net Income expected between $110 million and $160 million; Total Revenue $1.4B-$1.575B; Adj EBITDA $420M-$460M
- Revenue Yoy
- 10%
- Network volume
- $2.6 billion
- Adjusted ebitda
- 94000000
- Gaap net income
- 25000000
- Operating income
- 80000000
AI analysis
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