{"schema_version":"secwatch.filing_event.v1","accession":"0001883085-25-000140","form_type":"8-K","ticker":"PGY","cik":"0001883085","company_name":"Pagaya Technologies Ltd.","filed_at":"2025-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.507511+00:00","generated_at":"2026-05-18T06:00:42.226868+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Pagaya prelim Q2 beats across all metrics; Net Income ~$17M vs $0-10M guidance","bullets":["Preliminary Q2 revenue ~$326M, Network Volume ~$2.6B; both exceed top end of prior guidance.","GAAP Net Income estimated ~$17M, significantly above $0-10M range; Adjusted EBITDA ~$86M (upper end).","Company reiterates no equity or equity-linked issuance planned; focusing on balance sheet optimization.","As of Dec 31, 2025, Pagaya loses EGC status, becomes large accelerated filer; Section 16 applies Jan 1, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001883085-25-000140","json":"https://secwatch.observer/filing/0001883085-25-000140.json","markdown":"https://secwatch.observer/filing/0001883085-25-000140.md","text":"https://secwatch.observer/filing/0001883085-25-000140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000140/0001883085-25-000140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000140/pgy-20250717.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:00:42.226868+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}