R&D expense · 2020–2025

Pagaya Technologies R&D expense

$75.2M−1.8% · FY2025

Pagaya Technologies (PGY) reported $75.2M in R&D expense for fiscal 2025, −1.8% year on year.

$12.3M2020$66.2M2021$151M2022$74.4M2023$76.6M2024$75.2M2025
Pagaya Technologies — R&D expense, 2020–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$75.2M−1.8%Open →
FY20242024-12-31$76.6M+2.9%Open →
FY20232023-12-31$74.4M−50.7%Open →
FY20222022-12-31$151M+128.0%Open →
FY20212021-12-31$66.2M+436.9%Open →
FY20202020-12-31$12.3M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2020–2025 compound annual growth +43.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Pagaya Technologies R&D expense |url=https://companiesranked.com/en/company/pagaya-technologies/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Pagaya Technologies R&D expense. CompaniesRanked. https://companiesranked.com/en/company/pagaya-technologies/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-pagaya-technologies-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Pagaya Technologies R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/pagaya-technologies/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← Pagaya Technologies overview