Revenue: As of FY2025 Q3, the actual value is USD 350.17 M.EPS: As of FY2025 Q3, the actual value is USD 0.23.EBIT: As of FY2025 Q3, the actual value is USD 86.9 M.<h3>Segment Revenue</h3><ul><li>Total Revenue and Other Income: $350 million for Q3 2025, up 36% YoY.</li><li>Revenue from Fees: $339.9 million for Q3 2025, up from $249.3 million in Q3 2024.</li></ul><h3>Operational Metrics</h3><ul><li>GAAP Net Income: $23 million for Q3 2025, an increase of $90 million YoY.</li><li>Adjusted EBITDA: $107 million for Q3 2025, up 91% YoY.</li><li>Adjusted Net Income: $93 million for Q3 2025, excluding non-cash items.</li><li>Operating Income: $79.96 million for Q3 2025, up from $22.38 million in Q3 2024.</li><li>Operating Margin: Adjusted EBITDA margin rose nearly 9 points to 31%.</li><li>Operating Costs: Total costs and operating expenses were $270 million for the quarter.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $158.8 million for the nine months ended September 30, 2025.</li></ul><h3>Unique Metrics</h3><ul><li>Network Volume: $2.8 billion for Q3 2025, up 19% YoY.</li><li>Fee Revenue Less Production Costs (FRLPC): $139 million for Q3 2025, up 39% YoY.</li></ul><h3>Outlook / Guidance</h3><ul><li>Full Year 2025 Outlook: Network Volume expected between $10.5 billion and $10.75 billion; Total Revenue and Other Income expected between $1,300 million and $1,325 million; Adjusted EBITDA expected between $372 million and $382 million; GAAP Net Income expected between $72 million and $82 million.</li><li>Implied Fourth Quarter 2025 Outlook: Network Volume expected between $2.65 billion and $2.9 billion; Total Revenue and Other Income expected between $333 million and $358 million; Adjusted EBITDA expected between $99 million and $109 million; GAAP Net Income expected between $25 million and $35 million.</li><li>Pagaya raised its full-year 2025 guidance for total revenue, adjusted EBITDA, and GAAP net income, reflecting strong demand and continued execution to drive profitable growth.</li><li>The company expects total FRLPC to grow steadily and range between 4.0% and 5.0% as a percentage of network volume in the fourth quarter.</li><li>Interest expense is projected to trend lower as a result of the recent refinancing notes transaction.</li></ul>

PAGAYA TECHNOLOGIES LTD C/WTS (TO PUR COM) | 8-K: FY2025 Q3 Revenue: USD 350.17 M