Company / Operating Margin
Pagaya Technologies Ltd. Operating Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
20.3%
FY2025
5-year range
-33.6% / 20.3%
FY2021-FY2025
Trend
+212.8%
vs FY2024
Sector context
#51 of 105
Financials
What the data says
Operating Margin changed +213% YoY in FY2025, a notable deviation from the 4-year average annual change of -426%.
Based on SEC 10-K filings.
20.3% in FY2025 with a 3-year CAGR of +53.9%.
Improved from -1.2% to 20.3% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +53.9pp
- 5-Year Change
- -
- 10-Year Change
- -
Sector benchmark
#51 of 105 in FinancialsTop 49% of 105This company 20.3% Sector average -49.0%
▼
+141.4% above sector average
Key checks
Key Insights
- Pagaya Technologies Ltd.'s operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 212.8% year-over-year.
- Currently 69.2pp above the Financials sector average.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.09 (distress zone, below 1.8 threshold)
- Negative profit margin: -19.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 20.3% | +212.8% |
| FY2024 | 6.5% | +631.1% |
| FY2023 | -1.2% | +96.4% |
| FY2022 | -33.6% | -2643.6% |
| FY2021 | -1.2% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026