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Pagaya Reports First Quarter 2026 Results & Raising Full-Year Net Income Guidance

$PGYPress releaseMay 7, 2026, 7:00 AM ETRead the release

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

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