Pagaya Technologies Ltd. — Third Quarter 2026 Earnings Summary

Pagaya Technologies reported record third-quarter 2026 results with GAAP net income reaching $50 million, a 22% year-over-year increase in Adjusted EBITDA to $130 million, and total revenue of $390 million. Network volume grew 29% year-over-year to $3.6 billion, driven by expansion in the Auto and Personal Loan verticals, while the company onboarded two new banking partners. The company raised its full-year GAAP net income guidance to a range of $162 million to $182 million and provided an outlook for the fourth quarter projecting net income between $42 million and $62 million.