Pagaya Technologies reports 19% revenue growth and 172% GAAP net profit increase in Q2 2026

  • Pagaya Technologies reported Q2 2026 revenue growth and a sharp increase in GAAP net profit.
  • 172% was the reported year-over-year increase in GAAP net profit.
  • Auto lending network volume grew 140%, while core costs remained nearly flat.

Pagaya Technologies reported strong second-quarter 2026 results, with revenue growth of 19% and GAAP net profit rising 172%. Auto lending network volume increased 140% year over year and was the main growth driver, while core costs remained nearly flat. The company also reported an 87% increase in operating income and a 12% net income margin, alongside some take-rate compression. The latest figures differ from the previously reported 20% revenue growth and 33% overall network volume increase.

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