Pagaya Technologies Ltd. 8K

Pagaya Technologies Ltd. reported record Q2 2026 financial results, strong Auto-driven growth, record ABS funding, and raised full-year 2026 net income guidance in a shareholder letter furnished with its Form 8‑K.

Pagaya Technologies Ltd. furnished a shareholder letter as an exhibit to its Form 8‑K reporting record second quarter 2026 results, including network volume of $3.5 billion (up 33% year-over-year), total revenue and other income of $387 million (up 19%), fee revenue less production costs of $147 million, adjusted EBITDA of $124 million with a 32% margin, and GAAP net income attributable to Pagaya shareholders of $45 million with EPS of $0.49, driven largely by rapid growth in its Auto lending network and strong operating leverage. The company highlighted record asset-backed securities funding of $3.7 billion across six ABS transactions, continued disciplined credit performance, expansion of its partner network and product engines (including the Affiliate Optimizer Engine and Direct Marketing Engine), enhancements to its balance sheet composition, and issued updated guidance raising full-year 2026 GAAP net income expectations to $155–$180 million alongside higher outlooks for network volume, revenue, and adjusted EBITDA. The filing also announced details of a July 30, 2026 earnings conference call and webcast and included extensive forward-looking statements and non-GAAP reconciliations explaining the company’s metrics such as FRLPC, adjusted net income, adjusted EBITDA, and core operating expenses.

Filing Facts

CIK

1883085

Ticker

-

Form

8K

Source Type

sec

Accession

0001883085-26-000052

Alert Tier

7