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Pagaya Technologies (PGY) R&D spending by quarter

Pagaya Technologies' R&D spending was $17.4M in Q3 2026 (third quarter 2026), 0% from Q2 2026. Over the last 7 quarters it ranged from $15.9M (Q1 2026) to $19.4M (Q1 2025).

Pagaya Technologies R&D spending by quarterPagaya Technologies R&D spending by quarter$19.4MQ1 2025$18.5MQ2 2025$18.2MQ3 2025$19.1MQ4 2025$15.9MQ1 2026$17.3MQ2 2026$17.4MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$17.4M0%-5%
Q2 2026$17.3M+9%-6%
Q1 2026$15.9M-16%-18%
Q4 2025$19.1M+5%—
Q3 2025$18.2M-1%—
Q2 2025$18.5M-5%—
Q1 2025$19.4M——

Q3 2026 at a glance

Pagaya Technologies, Q3 2026: revenue $390M (+12% year over year), operating margin 28.8%, net earnings $49.7M, operating cash flow $49.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Pagaya Technologies' R&D spending?

Pagaya Technologies' R&D spending was $17.4M in Q3 2026 (third quarter 2026), 0% from Q2 2026.

How has Pagaya Technologies' R&D spending changed?

Over the last 7 quarters it ranged from $15.9M (Q1 2026) to $19.4M (Q1 2025).

Q3 2026 results → · How Pagaya Technologies makes money →