Pagaya 2Q26 GAAP net income rises 175% to $45 million; revenue increases 19% to $387 million

• Pagaya posted GAAP net income attributable to shareholders of USD 45 million, up USD 29 million year over year, on revenue of USD 387 million, up 19%.
• Operating income climbed 87% to USD 106 million as network volume rose 33% to USD 3.5 billion.
• Adjusted EBITDA increased 43% to USD 124 million; fee revenue less production costs rose 16% to USD 147 million.
• Pagaya completed USD 3.7 billion of ABS funding across six transactions; Fitch revised the corporate rating outlook to Positive.
• Guided for GAAP net income of USD 42 million to USD 52 million in 3Q; raised full-year GAAP net income outlook to USD 155 million to USD 180 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pagaya Technologies Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260729896202) on July 30, 2026, and is solely responsible for the information contained therein.