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Pagaya Technologies (Pagaya Technologies) Research & Development : $72.6 Mil (TTM As of Mar. 2024)


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What is Pagaya Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Pagaya Technologies's Research & Development for the three months ended in Mar. 2024 was $19.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $72.6 Mil.

Pagaya Technologies Research & Development Historical Data

The historical data trend for Pagaya Technologies's Research & Development 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 Research & Development Chart

Pagaya Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Research & Development
12.33 66.21 150.93 74.38

Pagaya Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.13 17.66 18.04 17.55 19.38

Pagaya Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.6 Mil.

* 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.

Pagaya Technologies  (NAS:PGY) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Pagaya Technologies Research & Development Related Terms

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Pagaya Technologies (Pagaya Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Pagaya Technologies Ltd (NAS:PGY) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
Derech Menachem Begin 121, Azrieli Sarona Building, 54th Floor, Tel-Aviv, ISR, 6701203
Website
https://www.pagaya.com
Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big 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.