Pagaya Technologies Ltd. (NASDAQ: PGY) Financial Performance Analysis

Font: Financial Modeling Prep  • Feb 09, 2026

• Earnings per share (EPS) of $0.36 was below the estimated $0.75, indicating challenges in profitability.
• The company reported a revenue of approximately $334.8 million, missing the estimated $349.5 million, suggesting potential growth concerns.
• Current ratio of 5.11 indicates good short-term liquidity, but a debt-to-equity ratio of 1.71 points to higher debt levels.

Pagaya Technologies Ltd. (NASDAQ: PGY) is a global technology company that focuses on artificial intelligence infrastructure within the financial ecosystem. With headquarters in New York and Tel Aviv, PGY aims to enhance financial services through advanced AI solutions. Despite its innovative approach, PGY faces competition from other tech-driven financial service providers.

On February 9, 2026, PGY reported earnings per share (EPS) of $0.36, which was below the estimated $0.75. This shortfall in EPS reflects the company's ongoing challenges.

PGY's revenue for the period was approximately $334.8 million, falling short of the estimated $349.5 million. This revenue miss is further emphasized by the company's price-to-sales ratio of 0.91, suggesting that the stock is valued at less than its sales. This could indicate that investors are cautious about the company's future growth prospects.

Despite these challenges, PGY maintains a strong current ratio of 5.11, indicating good short-term liquidity. This suggests that the company is well-positioned to meet its short-term obligations, which is a positive sign for its financial health. However, the debt-to-equity ratio of 1.71 highlights a higher level of debt compared to equity, which could pose risks if not managed carefully.

The enterprise value to sales ratio of 1.39 and the enterprise value to operating cash flow ratio of 8.84 provide additional insights into PGY's valuation. These metrics suggest that while the company is valued higher than its sales, it may face challenges in generating cash flow from its operations.