PGY (Pagaya Technologies) Retained Earnings : $-944 Mil (As of Dec. 2024)

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What is Pagaya Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pagaya Technologies's retained earnings for the quarter that ended in Dec. 2024 was $-944 Mil.

Pagaya Technologies's quarterly retained earnings declined from Jun. 2024 ($-639 Mil) to Sep. 2024 ($-706 Mil) and declined from Sep. 2024 ($-706 Mil) to Dec. 2024 ($-944 Mil).

Pagaya Technologies's annual retained earnings declined from Dec. 2022 ($-414 Mil) to Dec. 2023 ($-543 Mil) and declined from Dec. 2023 ($-543 Mil) to Dec. 2024 ($-944 Mil).

Pagaya Technologies Retained Earnings Historical Data

The historical data trend for Pagaya Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pagaya Technologies Retained Earnings Chart

Pagaya Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

2.89

-111.88

-414.20

-542.64

-944.04

Pagaya Technologies Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial											-542.64	-563.86	-638.65	-706.12	-944.04

Pagaya Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Pagaya Technologies (NAS:PGY) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Pagaya Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pagaya Technologies Ltd (NAS:PGY) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

335 Madison Ave, 16th Floor, New York, NY, USA, 10017

Website

https://www.pagaya.com

Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit. The company generates majority of its revenue from United States.