earnings
confidence high
sentiment positive
materiality 0.85
Pagaya Q3 net income $23M; raises FY25 guidance across all metrics
Pagaya Technologies Ltd.
2025-Q3 EPS reported
$0.55
revenue$966,552,000
- GAAP net income $23M (vs guidance $10-20M), up $90M YoY; revenue $350M, up 36%.
- Adjusted EBITDA $107M (up 91% YoY, vs guidance $90-100M); network volume $2.8B (+19%).
- Raised $500M corporate debt with three credit ratings; expanded revolver to $132M at lower rate.
- Inaugural $500M auto forward flow with Castlelake; second $300M POSH ABS closed in Nov.
- FY25 guidance raised: rev $1.30-1.325B, adj EBITDA $372-382M, GAAP net income $72-82M.