Key Takeaways Pagaya reported $24.5M GAAP net income in 1H25, reversing a$96M loss last year.Revenues rose 24.4% Y/Y to $616.4M on strong network growth, monetization and cost control.PGY raised 2025 revenue outlook to$1.25-$1.325B and net income to$55-$75M.Pagaya Technologies Ltd. (PGY) delivered a strong first half of 2025, marked by two consecutive quarters of positive GAAP net income. This represented a dramatic turnaround from the substantial losses experienced in the previous years. PGY, which is o ...