Every 8-K that Pagaya Technologies Ltd. (PGY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PGY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PGY filings page.
Pagaya Technologies Ltd. (PGY) reported the results of its Annual General Meeting of Shareholders held on August 17, 2026. Shareholders elected all ten director nominees, each receiving over 120 million votes in favor, with significant broker non-votes of 22,265,220 on each director item.
Shareholders re-appointed the independent registered public accounting firm, with 152,794,384 votes for and limited opposition. On an advisory (non-binding) basis, compensation of the named executive officers was approved with 127,798,789 votes for. Multiple compensation-related proposals for management directors (covering the 2026 bonus framework, ratification of prior actions, and compensation for 2027–2029) were each approved by the required Special Majority, including 81,347,768 votes for CEO Gal Krubiner’s 2027–2029 compensation. Changes to cash compensation for non-employee directors were also approved with 130,171,492 votes for.
Pagaya Technologies Ltd. reported record second-quarter 2026 results, with Total Revenue and Other Income of $387 million and GAAP net income of $45 million, both up year-over-year and ahead of its outlook. Network volume reached $3.5 billion, a 33% increase, driven largely by growth in the Auto vertical.
Non-GAAP Adjusted EBITDA was $124 million with a 32% margin, while core operating expenses fell 6% versus a year earlier, expanding GAAP net income margin to 12%. The company raised full-year 2026 GAAP net income guidance to $155–$180 million and now expects Adjusted EBITDA of $460–$490 million. Pagaya also completed $3.7 billion of ABS funding across six transactions and received a revised corporate rating outlook to Positive from Fitch.
Pagaya Technologies Ltd. reported strong first quarter 2026 results and announced a planned Chief Financial Officer transition. Network volume reached $2.6 billion, up 9% year-over-year, while total revenue and other income were $317.9 million, up 10%.
GAAP net income attributable to shareholders was $24.7 million, compared with $7.9 million a year earlier, and Adjusted EBITDA was $94.2 million, up 18% with a 30% margin. The company raised full-year 2026 GAAP net income guidance to a range of $110 million to $160 million.
Pagaya also announced that CFO Evangelos Perros will step down effective June 15, 2026, and Chief Strategy Officer Jonathan Dobres will become CFO. Perros will remain as Strategic Executive Advisor through December 31, 2026 to support funding strategy and ensure continuity.
Pagaya Technologies reported a sharp turnaround to profitability in 2025, with total revenue and other income of $1.3 billion, up 26% year-over-year, and GAAP net income of $81 million versus a $401 million loss in 2024. Fee revenue less production costs reached $512 million, also up 26%, while adjusted EBITDA climbed 76% to $371 million, reflecting strong operating leverage.
In the fourth quarter, Pagaya generated $335 million in total revenue and other income, FRLPC of $131 million with a 4.9% margin, adjusted EBITDA of $98 million, and record GAAP net income of $34 million. Network volume for 2025 grew 9% to $10.5 billion, supported by expansion in personal loans, auto, and point-of-sale lending.
For 2026, the company guides to network volume of $11.25–$13.0 billion, total revenue and other income of $1.4–$1.575 billion, adjusted EBITDA of $410–$460 million, and GAAP net income of $100–$150 million, reflecting more measured growth as it tightens exposure to higher-risk segments.
Pagaya Technologies Ltd. reported that since December 26, 2025 it has repurchased approximately $6.9 million in aggregate principal amount of its outstanding 8.875% Senior Notes due 2030 through several open market transactions. The company funded these repurchases with cash on its balance sheet and viewed buying the notes at a significant discount to their par value as an attractive use of capital within its broader capital allocation strategy.
Pagaya stated it may from time to time make additional open market purchases or other liability management transactions, which would be limited in size and depend on market conditions, its liquidity needs and other factors.
Pagaya Technologies Ltd. (PGY) filed a Form 8-K announcing its quarterly results for the period ended September 30, 2025. The company issued a press release and a shareholder letter on November 10, 2025, detailing its performance and updates.
These materials were furnished as Exhibits 99.1 and 99.2 and are not deemed “filed” for purposes of the Exchange Act. The filing covers Class A Ordinary Shares (PGY) and warrants (PGYWW) listed on NASDAQ.
Pagaya Technologies entered into a new senior secured revolving credit agreement providing an initial committed amount of $132 million to support the company’s liquidity. The Revolving Credit Facility matures on October 2, 2028 and allows voluntary prepayments without penalty subject to notice and minimums, although prepayments of SOFR loans may incur breakage costs. Interest is payable at the company’s option at a base rate plus a 2.50% margin (with a 1.00% floor) or at an adjusted term SOFR plus a 3.50% margin (with a 1.00% floor). An unused-commitment fee accrues at 0.25% annually. The obligations are guaranteed by certain wholly-owned subsidiaries and are secured by a first priority lien on substantially all assets, subject to customary exceptions. The agreement contains customary negative and affirmative covenants, a maximum first-lien leverage ratio, a minimum fixed charge coverage ratio, and events of default including change of control and bankruptcy. A press release announcing the refinancing is filed as Exhibit 99.1.
Pagaya Technologies Ltd. (PGY) – Form 8-K: Proposed $450 million senior unsecured notes
On 22 July 2025, subsidiary Pagaya US Holding Company LLC announced a private Rule 144A offering of $450 million aggregate principal amount of senior unsecured notes due 2030. The securities will be fully and unconditionally guaranteed, on a senior unsecured basis, by Pagaya Technologies Ltd. and each subsidiary that already guarantees the company’s existing credit agreement.
Use of proceeds
- Repay all borrowings outstanding under current credit facilities.
- Retire $75 million of other secured debt.
- Cover transaction fees and expenses.
- Any remainder allocated to general corporate purposes.
The notes will be marketed only to qualified institutional buyers that also meet “qualified purchaser” standards under the Investment Company Act. They will not be registered under the Securities Act, and resale will be restricted accordingly.
Strategic impact: If priced successfully, the deal would lengthen PGY’s maturity profile, switch secured debt to unsecured status, and potentially improve liquidity and covenant flexibility, offset by the unknown coupon and an increase in gross debt outstanding.