Pagaya Technologies Past Earnings Performance
Past criteria checks 0/6
Pagaya Technologies's earnings have been declining at an average annual rate of -26.4%, while the Software industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 29.5% per year.
Key information
-26.4%
Earnings growth rate
-5.9%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 29.5% |
| Return on equity | -26.1% |
| Net Margin | -14.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Returns On Capital Signal Tricky Times Ahead For Pagaya Technologies (NASDAQ:PGY)
Jun 20
Pagaya Technologies Ltd. (NASDAQ:PGY) Soars 30% But It's A Story Of Risk Vs Reward
May 22Pagaya: Everything Is Obvious In Hindsight (Rating Downgrade)
Apr 19Pagaya's Race Against Time
Mar 18Even With A 27% Surge, Cautious Investors Are Not Rewarding Pagaya Technologies Ltd.'s (NASDAQ:PGY) Performance Completely
Feb 23Pagaya Technologies (NASDAQ:PGY) Is Carrying A Fair Bit Of Debt
Feb 18Many Still Looking Away From Pagaya Technologies Ltd. (NASDAQ:PGY)
Dec 09Pagaya Technologies Ltd.'s (NASDAQ:PGY) Intrinsic Value Is Potentially 93% Above Its Share Price
Sep 09Analysts Are Upgrading Pagaya Technologies Ltd. (NASDAQ:PGY) After Its Latest Results
Feb 18Pagaya Tech shares slump almost 60% as company files for new stock sale
Sep 20Pagaya Technologies fall 12% as Israeli AI tech company's post-earnings swoon continues.
Aug 22Pagaya Technologies Non-GAAP EPS of $0.00, revenue of $181.55M
Aug 16Pagaya: Very Risky Short Despite Sky-High Valuation
Jul 25Revenue & Expenses Breakdown
How Pagaya Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 925 | -132 | 271 | 77 |
| 31 Mar 24 | 871 | -89 | 261 | 73 |
| 31 Dec 23 | 812 | -128 | 253 | 74 |
| 30 Sep 23 | 787 | -148 | 269 | 80 |
| 30 Jun 23 | 779 | -201 | 305 | 101 |
| 31 Mar 23 | 765 | -351 | 399 | 148 |
| 31 Dec 22 | 749 | -315 | 398 | 151 |
| 30 Sep 22 | 711 | -297 | 418 | 142 |
| 30 Jun 22 | 643 | -255 | 346 | 116 |
| 31 Mar 22 | 553 | -116 | 215 | 70 |
| 31 Dec 21 | 475 | -134 | 182 | 66 |
| 30 Sep 21 | 356 | -116 | 97 | 55 |
| 30 Jun 21 | 256 | -80 | 74 | 46 |
| 31 Mar 21 | 178 | -38 | 45 | 29 |
| 31 Dec 20 | 99 | 5 | 16 | 12 |
| 31 Dec 19 | 36 | -8 | 7 | 5 |
Quality Earnings: PGY is currently unprofitable.
Growing Profit Margin: PGY is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PGY is unprofitable, and losses have increased over the past 5 years at a rate of 26.4% per year.
Accelerating Growth: Unable to compare PGY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PGY is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (23.2%).
Return on Equity
High ROE: PGY has a negative Return on Equity (-26.14%), as it is currently unprofitable.