{"schema_version":"secwatch.filing_event.v1","accession":"0001883085-25-000166","form_type":"8-K","ticker":"PGY","cik":"0001883085","company_name":"Pagaya Technologies Ltd.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.508345+00:00","generated_at":"2026-05-17T18:25:32.367587+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.88,"calibrated_materiality_score":0.88,"confidence":"high","headline":"Pagaya reports record Q2 net income $17M, raises FY2025 guidance","bullets":["Record GAAP net income of $17M (up $91M YoY); adjusted EBITDA $86M (+72% YoY); revenue $326M (+30% YoY).","Q3 outlook: network volume $2.75B-$2.95B, revenue $330M-$350M, adjusted EBITDA $90M-$100M.","Raised FY2025 guidance: revenue $1.25B-$1.325B, adjusted EBITDA $345M-$370M, GAAP net income $55M-$75M.","Issued $500M senior unsecured notes at 8.875% due 2030; ~$40M annualized cash savings from refinancing.","First AAA-rated Auto ABS ($300M) and inaugural AAA-rated POSH ABS with $1B+ capacity over 12 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001883085-25-000166","json":"https://secwatch.observer/filing/0001883085-25-000166.json","markdown":"https://secwatch.observer/filing/0001883085-25-000166.md","text":"https://secwatch.observer/filing/0001883085-25-000166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000166/0001883085-25-000166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1883085/000188308525000166/pgy-20250807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T18:25:32.367587+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"}