Financials · ABX

Abacus Global Management Inc. (ABX) financials

For the twelve months ended Jun 30, 2026, Abacus Global Management Inc. reported $267.28M of revenue and $28.20M of net income.

Revenue, TTM
$267.28M
Revenue growth, YoY
+65.3%
Net income, TTM
$28.20M
Net margin
10.5%
Free cash flow, TTM
$89.47M
EPS, diluted, TTM
$0.27
Cash
$23.39M
Total debt
$330.61M
P/E
31.65
P/S
3.34
Market cap
$892.3M
Annual revenue$235.24M
FY2022FY2025
Annual net income$36.53M
FY2021FY2025
Annual free cash flow-$26.61M
FY2022FY2025

ABX revenue and earnings growth

ABX revenueQ2 2026$73.02M

Quarter YoY
+29.9%
QoQ
+22.9%
FY YoY
+110.2%

ABX revenue was $73.02M in fiscal Q2 2026 (ended Jun 30, 2026), up 29.9% from a year earlier and up 22.9% from the prior quarter. For the full fiscal 2025 it was $235.24M, up 110.2% from fiscal 2024. It rose in each of the last 3 fiscal years.

ABX net incomeQ2 2026$6.63M

Quarter YoY
-62.3%
QoQ
-8.8%

ABX net income was $6.63M in fiscal Q2 2026 (ended Jun 30, 2026), down 62.3% from a year earlier and down 8.8% from the prior quarter. For the full fiscal 2025 it was $36.53M, compared with -$23.96M in fiscal 2024. Fiscal 2025 is the highest of the 5 fiscal years on file.

ABX EPSQ2 2026$0.07

Quarter YoY
-61.1%
QoQ
+0.0%

ABX diluted EPS was $0.07 in fiscal Q2 2026 (ended Jun 30, 2026), down 61.1% from a year earlier and up 0.0% from the prior quarter. For the full fiscal 2025 it was $0.36.

ABX free cash flowQ2 2026$38.40M

Quarter YoY
-49.3%
QoQ
-58.1%

ABX free cash flow was $38.40M in fiscal Q2 2026 (ended Jun 30, 2026), down 49.3% from a year earlier and down 58.1% from the prior quarter. For the full fiscal 2025 it was -$26.61M, compared with -$209.60M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue$235.24M$111.92M$66.40M$44.71M-
Cost of revenue$28.86M$11.37M$6.49M$5.88M-
Gross profit$206.38M$100.55M$59.91M$38.83M-
Selling, general and admin$87.80M$81.73M$26.48M$1.43M-
Operating income$88.76M-$888.3K$24.13M$33.67M-
Interest expense$38.79M$18.28M$9.87M$42.8K-
Pre-tax income----$591.1K$15.84M
Income tax$15.43M$5.48M$1.47M$889.9K-
Net income$36.53M-$23.96M$9.52M$31.68M$15.84M
EPS, basic$0.38-$0.34$0.17$0.63-
EPS, diluted$0.36-$0.34$0.16$0.63-
Diluted shares99.2M70.8M57.8M50.4M-

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Cash and equivalents$38.11M$131.94M$25.59M$30.05M$102.4K
Current assets$69.57M$159.56M$31.78M$33.28M$944.8K
Goodwill$252.78M$238.30M$140.29M$0-
Total assets$902.24M$874.16M$331.83M$59.09M$345.99M
Current liabilities$148.59M$62.47M$23.33M$1.30M$1.64M
Short-term debt$115.92M$38.43M$0$0-
Long-term debt$289.89M$342.39M---
Total debt$405.82M$380.82M---
Total liabilities$478.70M$450.87M$167.76M$30.95M$29.23M
Shareholders' equity$418.54M$423.29M$164.07M$28.15M$766.9K

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Operating cash flow-$25.68M-$208.81M-$64.04M$10.69M-$1.24M
Capital expenditures$931.4K$786.2K$189.7K$0-
Free cash flow-$26.61M-$209.60M-$64.23M$10.69M-
Investing cash flow-$23.28M-$4.96M$2.24M-$3.70M-
Financing cash flow-$44.87M$320.12M$57.34M$22.96M$1.50M
Dividends paid$19.55M$0---
Share repurchases$43.78M$10.74M$1.28M$0-
Stock-based compensation$15.52M$43.44M$10.77M$0$0
Depreciation and amortization$18.61M$7.91M$3.41M$4.3K-

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue growth, YoY110.2%68.6%48.5%--
Net income growth, YoY---70.0%100.0%-
EPS growth, YoY---74.6%--
Gross margin87.7%89.8%90.2%86.8%-
Operating margin37.7%-0.8%36.3%75.3%-
Net margin15.5%-21.4%14.3%70.9%-
Free cash flow margin-11.3%-187.3%-96.7%23.9%-
Return on equity8.7%-5.7%5.8%112.5%2065.4%
Return on assets4.0%-2.7%2.9%53.6%4.6%
Current ratio0.472.551.3625.550.57
Debt to equity0.970.90---

Source: XBRL data Abacus Global Management Inc. files with the SEC, latest filing dated Aug 10, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ABX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ABX$267.28M+65.3%$28.20M10.5%$892.3M
BX$16.08B+22.1%$3.56B22.1%$92.03B
KKR$20.35B+19.8%$3.41B16.8%$90.53B
APO$30.82B+12.2%-$918.00M-3.0%$72.47B
ARES$5.76B+7.6%$432.80M7.5%$46.05B
AMP$20.14B+8.8%$4.16B20.7%$45.14B
TROW$7.70B+6.9%$2.19B28.4%$23.66B
TPG$5.17B+21.6%$268.72M5.2%$18.78B
BEN$9.42B+7.3%$1.08B11.4%$18.44B

ABX FAQ

9 questions
  • What is ABX revenue?
    Abacus Global Management Inc. (ABX) reported $267.28M of revenue for the twelve months ended Jun 30, 2026. That is up 65.3% from the year before. Revenue for fiscal 2025 was $235.24M.
  • Is ABX profitable?
    Yes. Abacus Global Management Inc. earned $28.20M in net income for the twelve months ended Jun 30, 2026, a net margin of 10.5%.
  • How much cash and debt does ABX have?
    Abacus Global Management Inc. reported $23.39M in cash and cash equivalents and $330.61M of debt on its most recent balance sheet in SEC filings.
  • How fast is ABX revenue growing?
    Abacus Global Management Inc.'s revenue changed +110.2% in fiscal 2025, to $235.24M.
  • What is ABX gross margin?
    Abacus Global Management Inc.'s gross profit was $236.22M on $267.28M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 88.4%.
  • What is ABX free cash flow?
    Abacus Global Management Inc. generated $89.47M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $90.75M less capital expenditures.
  • What is ABX earnings per share?
    Diluted earnings per share were $0.27 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ABX last report financial results?
    The latest statements here come from Abacus Global Management Inc.'s 10-Q filed on Aug 10, 2026, covering the period ended Jun 30, 2026.
  • Where does this ABX financial data come from?
    Quantisnow builds these statements from the structured XBRL data Abacus Global Management Inc. files with the SEC. It is provided for information only and is not investment advice.