Pagaya Technologies Ltd. (PGY) Starts 2026 With Blowout Earnings Results
Key takeaways
- (PGY) Starts 2026 With Blowout Earnings Results Rameen Kasana Tue, May 12, 2026 at 12:03 AM GMT+7 2 min read PGY Pagaya Technologies Ltd.
- Another standout highlight was the company’s net income of $25 million, which surged 213% from the previous year’s $8 million.
- (NASDAQ:PGY) expects sustained EPS and revenue momentum.
Pagaya Technologies Ltd. (PGY) Starts 2026 With Blowout Earnings Results Rameen Kasana Tue, May 12, 2026 at 12:03 AM GMT+7 2 min read PGY Pagaya Technologies Ltd. (NASDAQ:PGY) is among the best high-return technology stocks to buy now. On May 7, Pagaya Technologies Ltd. (NASDAQ:PGY) delivered Q1 2026 results, significantly surpassing EPS estimates. The company delivered EPS of $0.73 and revenue of $318 million, versus the forecasted $0.20 and $323.63 million. With a quarterly earnings growth (YoY) of 212.90%, there’s no doubt the company’s 2026 performance is off to a strong start.
Another standout highlight was the company’s net income of $25 million, which surged 213% from the previous year’s $8 million. Pagaya Technologies Ltd. (NASDAQ:PGY) achieved its fifth consecutive quarter of GAAP net income profitability. Although the macroeconomic environment was challenging, the company’s product strategy and operational efficiency, coupled with the focus on enhancing its multi-channel platform, meaningfully contributed to the results.
Looking ahead, Pagaya Technologies Ltd. (NASDAQ:PGY) expects sustained EPS and revenue momentum. The company projects EPS growth to $0.83 in the second quarter, with revenue anticipated to reach $371 million. The ongoing product diversification and expanded partnerships reinforce this positive outlook.