Pagaya Expects Q2 Results to Exceed Guidance, Announces Preliminary Figures

Pagaya Technologies anticipates Q2 results to exceed prior guidance, with expected network volume of $2.6 billion and total revenue of $326 million. GAAP net income is projected to be around $17 million, and adjusted EBITDA is expected to reach $86 million. The company attributes its strong performance to consistent execution and a focus on optimizing its balance sheet. Full Q2 results will be released on August 7, 2025.

Pagaya Technologies Ltd. (NASDAQ: PGY) has reported preliminary results for its second quarter, indicating significant growth and performance that exceeded initial guidance. The company's stock price surged by 25.37 percent on Thursday, reaching $29.50 per share, following the announcement [1].

Pagaya Technologies anticipated $17 million in net income for the second quarter, which is 70 percent higher than its previous guidance of $0-$10 million. The company also projected total revenue of $326 million, surpassing the $290 million to $310 million range previously outlined [2].

The company's CFO, Evangelos Perros, attributed the strong performance to consistent execution and a focus on optimizing its balance sheet. The company is expected to release its full Q2 results on August 7, 2025 [1].

Investors should note that Pagaya Technologies' reliance on asset-backed securitization (ABS) means its growth and risk profiles could be influenced by shifts in the ABS market. The company's recent launch of POSH, a new asset-backed revolving securitization platform targeting the point-of-sale financing segment, aims to broaden revenue opportunities and contribute to more diversified, stable funding [2].

References:
[1] https://finance.yahoo.com/news/pagaya-technologies-pgy-soars-25-150335640.html
[2] https://simplywall.st/stocks/us/software/nasdaq-pgy/pagaya-technologies/news/why-pagaya-technologies-pgy-is-up-352-after-upbeat-q2-2025-r