XML 87 R75.htm IDEA: XBRL DOCUMENT v3.25.2
EARNINGS (LOSS) PER SHARE - Schedule of Earnings (Loss) Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Numerator:        
Net income attributable to Pagaya Technologies Ltd. $ 16,655 $ (74,785) $ 24,548 $ (96,008)
Less: Undistributed earnings allocated to preferred shares 1,017 0 1,509 0
Net income (loss) attributed to Pagaya Technologies Ltd.’s ordinary shares $ 15,638 $ (74,785) $ 23,039 $ (96,008)
Denominator:        
Weighted average shares used for net earnings (loss) per ordinary share, basic (in shares) 76,873,529 71,765,884 76,347,801 68,113,860
Earnings (loss) per share attributable to ordinary shareholders, basic (in dollars per share) $ 0.20 $ (1.04) $ 0.30 $ (1.41)
Numerator:        
Net income (loss) attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ 15,638 $ (74,785) $ 23,039 $ (96,008)
Denominator:        
Shares used in computation of basic earnings per share (in shares) 76,873,529 71,765,884 76,347,801 68,113,860
Ordinary share warrants (in shares) 785,289   785,062  
Ordinary shares upon employee stock purchase plan (in shares) 38,464   26,317  
Weighted average shares used for net earnings (loss) per ordinary share, diluted (in shares) 79,667,635 71,765,884 78,301,110 68,113,860
Earnings (loss) per share attributable to ordinary shareholders, diluted (in dollars per share) $ 0.20 $ (1.04) $ 0.29 $ (1.41)
Share options        
Denominator:        
Stock options/Unvested RSUs (in shares) 705,685   289,132  
RSUs        
Denominator:        
Stock options/Unvested RSUs (in shares) 1,264,668   852,798