Pagaya Technologies Ltd. (NASDAQ: PGY) Earnings Report Analysis

Core Insights - Pagaya Technologies Ltd. (NASDAQ: PGY) is recognized for its AI infrastructure in the financial sector, with a focus on prudent underwriting and consistent execution [1] Financial Performance - On November 10, 2025, PGY reported an earnings per share (EPS) of $0.23, which fell short of the expected $0.65 [2][4] - The company's revenue for the quarter was $350.16 million, surpassing the forecast of $338.86 million and closely matching the previous quarter's revenue of $350.17 million [2][4] - PGY has consistently exceeded revenue estimates in the last four quarters and outperformed consensus EPS estimates in two of the past four quarters [4] Financial Ratios - The price-to-sales ratio is approximately 1.92, indicating that investors are paying $1.92 for every dollar of sales [3] - The debt-to-equity ratio stands at 2.08, suggesting that the company has more than twice as much debt as equity [3] - PGY maintains a current ratio of about 1.42, reflecting a reasonable level of liquidity to cover short-term liabilities [3][4]