Pagaya Q1 GAAP net income $25M; CFO transition announced; FY guidance raised

Pagaya Technologies Ltd.

2026-Q1 EPS reported $0.28 revenue$317,944,000

GAAP net income $25M (up $17M YoY), revenue $318M (+10%), Adjusted EBITDA $94M (+18%).
Network volume $2.6B (+9% YoY); FY GAAP net income guidance raised to $110-160M.
CFO Evangelos Perros steps down June 15; Chief Strategy Officer Jonathan Dobres named successor.
Onboarded 4 new partners YTD (Upstart, GLS, Sezzle, Flex Pay).
First AAA Fitch rating on $368M PAID resecuritization; $2.1B ABS funding raised in Q1.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jonathan Dobres

Chief Financial Officer

PGY · Pagaya Technologies Ltd.

Effective: 2026-06-15
Filed: May 7, 2026, 7:59 PM ET

Jonathan Dobres, currently Chief Strategy Officer, will assume the role of Chief Financial Officer on that date.

Departed

Evangelos Perros

Chief Financial Officer

PGY · Pagaya Technologies Ltd.

Effective: 2026-06-15
Successor: Jonathan Dobres
Filed: May 7, 2026, 7:59 PM ET

Evangelos Perros, Chief Financial Officer, has decided to step down from his role with the Company effective June 15, 2026.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

Pagaya Technologies Ltd. updated its Full-Year 2026 guidance (raised).

Period: Full-Year 2026
Guidance: raised
Result: guidance update

Exact text from the filing

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

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.92

Pagaya Technologies Ltd. reported the quarter ended March 31, 2026 results: revenue $318 million, net income $25 million. Guidance raised.

Period: the quarter ended March 31, 2026
Revenue: $318 million
Net income: $25 million
Guidance: raised
Result: reported results

Exact text from the filing

Raising Full-Year Net Income Guidance Reported solid performance across key metrics • $25 million GAAP net income; up $17 million YoY • $94 million Adjusted EBITDA; up 18% YoY • $318 million Total revenue and other income; up 10% YoY • $2.6 billion Network volume; up 9% YoY New York, NY and Tel Aviv, Israel – May 7, 2026 – Pagaya Technologies Ltd. (NASDAQ: PGY)

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jonathan Dobres changed role as Chief Financial Officer at Pagaya Technologies Ltd..

Action: assume the role of
Role: Chief Financial Officer

Exact text from the filing

Jonathan Dobres, currently Chief Strategy Officer, will assume the role of Chief Financial Officer on that date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Evangelos Perros departed as Chief Financial Officer at Pagaya Technologies Ltd..

Action: step down
Role: Chief Financial Officer

Exact text from the filing

Evangelos Perros, Chief Financial Officer, has decided to step down from his role with the Company effective June 15, 2026.

View on SEC.gov

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Pagaya Technologies Ltd. filing history →

Source: SEC EDGAR

accession 0001883085-26-000027

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