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Pagaya Technologies (Pagaya Technologies) Tax Rate % : -18.77% (As of Mar. 2024)


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What is Pagaya Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pagaya Technologies's Tax Expense for the three months ended in Mar. 2024 was $5.0 Mil. Pagaya Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was $-26.7 Mil. Therefore, Pagaya Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was -18.77%.

Pagaya Technologies Tax Rate % Historical Data

The historical data trend for Pagaya Technologies's Tax Rate % 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 Tax Rate % Chart

Pagaya Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
6.02 -12.77 -5.93 -8.59

Pagaya Technologies Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.25 -18.45 2.46 -33.75 -18.77

Pagaya Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Pagaya Technologies's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=15.571/-181.168
=-8.59 %

Pagaya Technologies's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=5.003/-26.659
=-18.77 %

* 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 Tax Rate % 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 » Tax Rate %
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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.