08:47 AM EDT, 08/07/2025 (MT Newswires) -- Pagaya Technologies ( PGY ) reported Q2 adjusted net income Thursday of $0.64 per diluted share, up from $0.10 a year earlier.

Analysts polled by FactSet expected $0.63.

Total revenue and other income for the quarter ended June 30 were $326.4 million, up from $250.3 million a year earlier.

Analysts surveyed by FactSet expected $317 million.

For Q3, the company expects total revenue and other income of $330 million to $350 million. Analysts surveyed by FactSet expect $316.1 million.

For 2025, the company said it now expects revenue and other income of $1.25 billion to $1.33 billion, compared with the prior outlook of $1.18 billion to $1.30 billion. Analysts polled by FactSet expect $1.26 billion.

Pagaya ( PGY ) shares were up more than 15% in recent premarket activity Thursday.