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NYSE · Financials

Abacus Global Management, Inc. (ABX)

As-reported financials and SEC filings for Abacus Global Management, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Abacus Global Management, Inc.

Abacus Global Management, Inc. is a financial services company specializing in alternative asset management and life settlement solutions. It operates through subsidiaries that manage life insurance policy acquisitions, asset management, and an online life insurance brokerage platform. The company serves institutional investors, financial advisors, and individual clients by providing investment strategies, policy origination, and portfolio management services.

Snapshot

Revenue
$235.2M
Revenue growth (YoY)
110.2%
Net income
$36.5M
Diluted EPS
$0.36
Gross margin
87.7%
Operating margin
37.7%
Net margin
15.5%
FCF margin
-11.3%
ROE
8.7%
net income / fiscal-year-end equity
P/E
35.6×
trailing when available, otherwise FY EPS
Market cap
$938.8M
Long-term debt / equity
0.69×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Abacus Global Management

  • Revenue grew 110.2% to $235M in FY2025, faster than the 68.6% the year before.
  • Most recent quarter Q2 FY2026: revenue $73M, up 29.9% from Q2 FY2025.
  • Free cash flow was negative $27M in FY2025.
  • Net income turned positive at $37M in FY2025, from a $24M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Abacus Global Management’s fundamentals sit among the 425 Financials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin87.7%
92nd percentile of 51
Operating margin37.7%
86th percentile of 146
Net margin15.5%
52nd percentile of 377
FCF margin-11.3%
11th percentile of 272
Revenue growth (YoY)+110.2%
95th percentile of 420
ROE8.7%
45th percentile of 375
P/E35.6×
90th percentile of 318
Long-term debt / equity0.69×
69th percentile of 194
Short interest7.79d
87th percentile of 420

Abacus Global Management’s revenue growth of +110.2% ranks in the 95th percentile of the 420 Financials companies reporting it. Abacus Global Management’s gross margin of 87.7% ranks in the 92nd percentile of the 51 Financials companies reporting it. Abacus Global Management’s P/E of 35.6 ranks in the 90th percentile of the 318 peers with a meaningful P/E.

No reported insider purchases (code P) in the last 90 days; 5 insider sales totaling $4.0M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+5 quant / multi-strat
Initiated / added
5
2 new, 3 added
Reduced / exited
2
0 trimmed, 2 exited
Combined position
$4.8M
reported long value
InvestorAs ofPosition valueSharesChange
Point72 Asset ManagementquantQ2 2026$2.2M206.3KAdded
Citadel AdvisorsquantQ2 2026$1.3M125.6KAdded
AQR Capital ManagementquantQ2 2026$641,73859.9KAdded
Millennium ManagementquantQ2 2026$464,66443.4KNew
D. E. ShawquantQ2 2026$130,63012.2KNew

No longer held by: Renaissance Technologies (as of Q2 2026), Two Sigma Investments (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
5
$4.0M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-20
filed 2026-08-21
McCauley William Hugh JRCOO and CFOSell125.0K$9.10$1.1M
2026-08-12
filed 2026-08-14
Jackson Jay JChief Executive OfficerSell196.0K$8.77$1.7M
2026-08-03
filed 2026-08-05
Kirby Kevin Scott10% ownerSell38.3K$10.31$395K
2026-08-03
filed 2026-08-05
Ganovsky Matthew10% ownerSell38.3K$10.31$395K
2026-08-03
filed 2026-08-05
McNealy Sean10% ownerSell38.3K$10.31$395K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.4M
settled 2026-08-14
Change vs prior
-2.4%
vs previous settlement
Days to cover
7.79
at avg daily volume
Avg daily volume
698.2K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-145.4M-2.4%7.79
2026-07-315.6M+0.5%10.00
2026-07-155.5M+0.6%7.17
2026-06-305.5M-7.2%7.13
2026-06-155.9M-0.2%12.70
2026-05-295.9M-0.4%11.88
2026-05-156.0M-2.4%9.58
2026-04-306.1M-1.1%13.74

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$235.2M$111.9M$66.4M$44.7M
Gross profit$206.4M$100.6M$59.9M$38.8M
Operating income$88.8M$-888,304$24.1M$33.7M
Net income$36.5M$-24.0M$9.5M$31.7M$15.8M
Diluted EPS$0.36$-0.34$0.16$0.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$38.1M$131.9M$25.6M$30.1M$102,420
Current assets$69.6M$159.6M$31.8M$33.3M$944,755
Total assets$902.2M$874.2M$331.8M$59.1M$346.0M
Current liabilities$148.6M$62.5M$23.3M$1.3M$1.6M
Long-term debt$289.9M$342.4M
Total liabilities$478.7M$450.9M$167.8M$30.9M$29.2M
Total equity$418.5M$423.3M$164.1M$28.1M$766,893

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-25.7M$-208.8M$-64.0M$10.7M$-1.2M
Capital expenditure$931,443$786,236$189,674$0
Free cash flow$-26.6M$-209.6M$-64.2M$10.7M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$73.0M29.9%$6.6M$0.07
Q1 FY2026$59.4M34.6%$7.3M$0.07
Q4 FY2025$71.9M116.5%$7.2M$0.07
Q3 FY2025$63.0M123.7%$7.1M$0.07
Q2 FY2025$56.2M93.4%$17.6M$0.18
Q1 FY2025$44.1M105.4%$4.6M$0.05
Q4 FY2024$33.2M40.2%$-18.3M$-0.22
Q3 FY2024$28.1M33.3%$-5.1M$-0.07

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryInvestment Advice
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1814287

Selected SEC filings

10-K2026-03-13
View on EDGAR →
10-Q2026-08-10
View on EDGAR →
10-Q2026-05-11
View on EDGAR →
8-K2026-08-24
View on EDGAR →
8-K2026-08-13
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-02
View on EDGAR →

Largest Financials peers

All Financials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.