Pagaya Technologies Ltd. (PGY) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 07, 2026

Risk Assessment Details

Potential Dilution: 0.7% of current shares
Recent Dilution: 19.43% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
72M
Potential Supply
500K
Additional shares possible
Splits
None
Past 2 years

Summary

PGY currently has 71.6M outstanding shares. with limited dilution risk as only 504K additional shares (0.7%) are authorized for issuance. The company has diluted shareholders by 19.43% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 07, 2026

10-Q filing | 71.6M shares outstanding

72M 500K
Nov 10, 2025

10-Q filing | 69.1M shares outstanding

69M 500K
Aug 07, 2025

10-Q filing | 65.3M shares outstanding

65M 500K
May 07, 2025

10-Q filing | 63.1M shares outstanding

63M 500K
Mar 12, 2025

10-K filing | 62.6M shares outstanding

63M 500K
Nov 21, 2024

F-3 filing: F-3 filing for Pagaya Technologies Ltd. relating to the resale of 504,440 Class A Ordinary Shares by selling shareholders.

61M 500K
Nov 12, 2024

10-Q filing | 61.0M shares outstanding

61M 0
Oct 28, 2024

8-K filing: Pagaya Technologies Ltd. issued up to 505,602 Class A ordinary shares as consideration for the acquisition of Theorem Technology, Inc.

59M 0
Aug 09, 2024

10-Q filing | 59.2M shares outstanding

59M 0
May 09, 2024

10-Q filing | 58.2M shares outstanding

58M 0
Apr 25, 2024

10-K filing | 50.3M shares outstanding

50M 0
Mar 08, 2024

20-F filing | 50.3M shares outstanding

50M 0
Oct 04, 2023

F-3 filing: The filing is an F-3 registration statement covering the potential issuance of Class A ordinary shares, debt securities, and warrants.

530M 0
Jul 20, 2023

POS AM filing: The filing registers the resale of 18,191,062 Class A Ordinary Shares by the Selling Securityholders.

530M 0
Jul 20, 2023

POS AM filing: This POS AM filing relates to the offering of Class A Ordinary Shares by a Selling Securityholder, with the company potentially receiving up to $300,000,000 in gross proceeds from sales of Class A Ordinary Shares under a Purchase Agreement.

530M 0
Jul 20, 2023

POS AM filing: The filing registers the issuance of Class A Ordinary Shares upon exercise of warrants and the resale of Class A Ordinary Shares by Selling Securityholders.

530M 0
Apr 20, 2023

F-1 filing: The filing registers the resale of up to 18,191,062 Class A Ordinary Shares by the Selling Securityholders.

460M 18M
Apr 20, 2023

POS AM filing: This is a POS AM filing for Pagaya Technologies Ltd. registering the issuance of up to 46,100,020 Class A Ordinary Shares and the resale of up to 676,627,977 Class A Ordinary Shares by selling securityholders.

530M 18M
Apr 20, 2023

20-F filing | 459.0M shares outstanding

460M 18M
Apr 20, 2023

POS AM filing: This prospectus relates to the offer and sale of up to 40,139,607 Class A Ordinary Shares of Pagaya Technologies Ltd. by B. Riley Principal Capital II, LLC pursuant to an ordinary shares purchase agreement.

530M 18M
Aug 17, 2022

F-1 filing: This F-1 filing relates to the offering of Class A Ordinary Shares by a selling securityholder, B. Riley Principal Capital II, with the possibility of the company selling up to $300,000,000 of its Class A Ordinary Shares to B. Riley Principal Capital II under a Purchase Agreement.

460M 720M
Jul 20, 2022

F-1 filing: This is an F-1 filing registering the issuance of up to 46,100,020 Class A Ordinary Shares (including shares upon exercise of warrants) and the resale of up to 672,960,733 Class A Ordinary Shares by selling securityholders.

N/A 720M
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