Pagaya Technologies Ltd. (PGY) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Pagaya Technologies Ltd..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.116 Welcome to Pagaya fourth quarter full year 2025 earnings call. 00:00:05.116 -- 00:00:08.299 At this time, all participants are in a listen-only mode. 00:00:08.299 -- 00:00:12.023 A question and answer session will follow the formal presentation. 00:00:12.023 -- 00:00:16.227 If anyone should require operator assistance during the conference, please press star 00:00:16.227 -- 00:00:20.931 zero on your telephone keypad. Please note this conference is being recorded. 00:00:20.931 -- 00:00:26.016 I will now turn the conference over to Josh Fagan, head of investor relations and COO 00:00:26.016 -- 00:00:28.651 of finance. Thank you. You may begin. 00:00:28.651 -- 00:00:33.416 Thank you, and welcome to Pagaya's fourth quarter and full year 2025 earnings conference 00:00:33.416 -- 00:00:37.801 call. Joining me today to talk about our business and results are Gal Krugner, Chief 00:00:37.801 -- 00:00:42.906 Executive Officer of Pagaya, Sanjeev Das, President, and Evangelos Perez, Chief 00:00:42.906 -- 00:00:47.351 Financial Officer. You can find the materials that accompany our prepared remarks and 00:00:47.351 -- 00:00:54.256 a replay of today's webcast on the investor relations section of our website at investor.pagaya.com. 00:00:54.959 -- 00:00:58.445 Our remarks today will include forward-looking statements that are based on our current 00:00:58.445 -- 00:01:03.633 expectations and forecasts with respect to, among other things, our operations and financial 00:01:03.633 -- 00:01:07.760 performance, including our financial outlook for the first quarter and full year of 2026. 00:01:07.760 -- 00:01:09.203 Our 00:01:09.203 -- 00:01:13.149 actual results may differ materially from those contemplated by those forward-looking 00:01:13.149 -- 00:...