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EARNINGS (LOSS) PER SHARE - Schedule of Earnings (Loss) Per Share, Basic and Diluted (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Numerator:        
Net income attributable to Pagaya Technologies Ltd. $ 22,545 $ (67,476) $ 47,093 $ (163,484)
Less: Undistributed earnings allocated to preferred shares 1,259 0 2,804 0
Net income (loss) attributed to Pagaya Technologies Ltd.’s ordinary shares $ 21,286 $ (67,476) $ 44,289 $ (163,484)
Denominator:        
Weighted average shares used for net earnings (loss) per ordinary share, basic (in shares) 78,539,137 72,728,667 77,086,125 69,619,813
Earnings (loss) per share attributable to ordinary shareholders, basic (in dollars per share) $ 0.27 $ (0.93) $ 0.57 $ (2.35)
Numerator:        
Net income (loss) attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted $ 21,286 $ (67,476) $ 44,289 $ (163,484)
Denominator:        
Shares used in computation of basic earnings per share (in shares) 78,539,137 72,728,667 77,086,125 69,619,813
Ordinary share warrants (in shares) 786,333   785,789  
Weighted average shares used for net earnings (loss) per ordinary share, diluted (in shares) 91,046,530 72,728,667 80,945,983 69,619,813
Earnings (loss) per share attributable to ordinary shareholders, diluted (in dollars per share) $ 0.23 $ (0.93) $ 0.55 $ (2.35)
Share options        
Denominator:        
Ordinary shares upon employee stock purchase plan (in shares) 9,993,930   1,950,226  
RSUs        
Denominator:        
Ordinary shares upon employee stock purchase plan (in shares) 1,727,105   1,123,843  
Shares reserved for issuance under the ESPP        
Denominator:        
Ordinary shares upon employee stock purchase plan (in shares) 25   0