Abacus Global Management, Inc.(ABX)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Abacus Global Management, Inc. (ABX) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores ABX at 63.6/100 on a 32-signal composite quality model, placing it at rank #610 of 2,961 stocks — the top 25% of the AI-ranked universe. ABX scores in the top quartile across revenue growth (96.0), earnings quality (89.2), free cash flow (86.9). Areas of concern include revenue scale (27.7) and institutional flow (29.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 21.2/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Abacus Global Management, Inc. reports quarterly revenue of $73.0M, net income of $6.6M, an operating margin of 29.4%. Top institutional holders of ABX by reported 13-F value include ROYCE & ASSOCIATES, BlackRock, MENDON CAPITAL ADVISORS, based on the most recent SEC filings. ABX trades on the NYSE exchange and files with the SEC under CIK 1814287. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ABX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Abacus Global Management, Inc. directly from SEC EDGAR.
AI Quality Score
63.6/100
AI Rank
#610
Revenue
$73.0M
Net Income
$6.6M
Free Cash Flow
$38.4M
Operating Margin
29.4%
ABX key financials by period
Abacus Global Management, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$235.2M
$36.5M
37.7%
FY 2024
10-K
$111.9M
$-24.0M
-0.8%
FY 2023
10-K/A
$66.4M
$9.5M
36.3%
FY 2022
10-K/A
$44.7M
$31.7M
75.3%
Institutions holding ABX
Institutional investors reporting a position in Abacus Global Management, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-10 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 30% YoY to $73.0M, driven by a 38% jump in Life Solutions revenue from higher realized and unrealized gains on life settlement policies, while net income fell to $6.6M as G&A costs surged 74% and the effective tax rate spiked to 39.6%.
Biggest Revenue Drivers
Life solutions$65.4M+38.3% YoY
Increase in total gains recognized on life settlement policies: realized gains on sold/matured policies up $13.0M, unrealized gains up $2.4M, plus new insurance commissions of $1.9M
Asset management$7.2M-17.6% YoY
Decrease in management fee revenue from lower AUM in Carlisle Funds and ETF Funds, partially offset by growth in LP Funds AUM
Biggest Revenue Drivers
Total revenue: $73.0M+30% YoY
Life solutions$65.4M+38.3% YoY
Increase in total gains recognized on life settlement policies: realized gains on sold/matured policies up $13.0M, unrealized gains up $2.4M, plus new insurance commissions of $1.9M
Within Life solutions
Revenue from life insurance policies, fair value method, net$50.2M+69.6% YoY
Higher realized and unrealized gains on policies sold/held using the fair value method
Insurance commissions$1.9MNM
New revenue stream after acquiring NIB and AccuQuote insurance brokerages in 2025
Asset management$7.2M-17.6% YoY
Decrease in management fee revenue from lower AUM in Carlisle Funds and ETF Funds, partially offset by growth in LP Funds AUM
Technology services$379K+134.3% YoY
Increase in the number of lives tracked
Largest Expense Items
General and administrative (incl. stock-based compensation)$33.0M+74.1% YoY
Higher legal and professional fees ($8.5M) from various projects, increased payroll from acquisition-related staffing ($2.4M), and higher stock-based compensation ($2.9M)
Cost of revenue (incl. stock-based compensation)$9.1M+49.7% YoY
Higher payroll and stock-based compensation from increased headcount, partly offset by lower asset management retrocession fees
Sales and marketing$5.6M+70.1% YoY
Increased advertising costs to support the life solutions growth strategy
Depreciation and amortization$4.0M-23.6% YoY
Certain intangible assets reached the end of their estimated useful lives
Margins: Gross profit grew to $64.0M as revenue outpaced cost of revenue, but Adjusted EBITDA margin slipped to 54.7% from 56.1% a year ago as G&A costs (legal fees, staffing, stock compensation) grew faster than revenue.
Watch Items from the Filing
Effective tax rate jumped to 39.6% from 18.8% a year earlier, driven by permanent differences tied to compensation expenses, pressuring net income despite higher pre-tax income.
Transamerica represents 15.6% of face value and 20.8% of fair value of the company's life insurance policy portfolio, a concentrated carrier exposure.
The company changed its valuation technique for life settlement policies from a discounted cash flow/Monte Carlo model to a new 'Historical Return Method' effective this quarter, a judgment-heavy accounting estimate change.
Related party payable of $21.5M arose from policy purchases from the Carlisle Funds, versus zero at December 31, 2025, alongside $21.5M/$22.1M (Q2/6-mo) of related-party policy purchases.
Material debt maturities loom: LMA Income Series II secured borrowing ($38.3M) matures June 30, 2027, and the Sponsor PIK Note plus $135.4M Fixed Rate Senior Unsecured Notes mature in 2028.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
