Company: PGYWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001883085-25-000169
Chunk: 159

Company: Pagaya Technologies Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 159
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 and six months ended June 30, 2025 and 2024 (in thousands, except share and per share data): 

27

Three Months Ended June 30, 2025Six Months Ended June 30, 2025Basic EPS:Numerator:  Net income attributable to Pagaya Technologies Ltd.$16,655 $24,548   Less: Undistributed earnings allocated to preferred shares1,017 1,509   Net income attributable to Pagaya Technologies Ltd. ordinary shareholders, basic$15,638 $23,039 Denominator:  Weighted average shares used for earnings per ordinary share, basic76,873,52976,347,801  Earnings per share attributable to ordinary shareholders, basic$0.20 $0.30 Diluted EPS:Numerator:  Net income attributable to Pagaya Technologies Ltd. ordinary shareholders, diluted$15,638 $23,039 Denominator:  Shares used in computation of basic earnings per share76,873,529 76,347,801   Ordinary share warrants 785,289 785,062   Share options705,685 289,132   Unvested RSUs1,264,668 852,798   Ordinary shares upon employee stock purchase plan38,464 26,317   Weighted average shares used for earnings per ordinary share, diluted79,667,635 78,301,110   Earnings per share attributable to ordinary shareholders, diluted$0.20 $0.29 Three Months Ended June 30, 2024Six Months Ended June 30, 2024Numerator:  Net loss attributable to Pagaya Technologies Ltd. ordinary shareholders, basic and diluted$(74,785)$(96,008)Denominator:  Weighted average shares used for net loss per ordinary share, basic and diluted71,765,88468,113,860  Net loss per share attributable to ordinary shareholders, basic and diluted$(1.04)$(1.41)EPS for Class B ordinary shares is not presented separately, as under the two-class method, the EPS for Class A and Class B shares are the same.The following potentially dilutive outstanding securities as of June 30, 2025 and 2024 were excluded from the computation of diluted earnings (loss) per share because their effect would have been anti-dilutive for the periods: June 30