Abacus Global Management, Inc. filed its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission on August 10, 2026, covering the fiscal quarter ended June 30, 2026.

Key Highlights

  • Total revenues rose: The company reported total revenues of $132,410,278 for the six months ended June 30, 2026, compared to $100,363,966 for the same period in 2025, according to the filing.
  • Net income attributable to the company: Net income attributable to Abacus Global Management, Inc. was $13,893,234 for the six months ended June 30, 2026, versus $22,223,272 in the prior-year period.
  • Q2 diluted earnings per share: Diluted earnings per share for the three months ended June 30, 2026 were $0.07, compared to $0.18 for the same quarter in 2025.
  • Total assets: The company reported total assets of $867,730,420 as of June 30, 2026, down from $902,240,258 as of December 31, 2025.
  • Treasury stock increased: Treasury stock stood at $80,167,968 (10,130,090 shares repurchased) at June 30, 2026, compared to $55,808,595 (7,406,118 shares) at December 31, 2025.
  • Shares outstanding: The registrant had 97,792,249 shares of common stock issued and outstanding as of July 30, 2026.
  • Accumulated deficit narrowed: The accumulated deficit was $(27,926,714) at June 30, 2026, compared to $(41,632,448) at December 31, 2025.

Abacus Global Management Q2 2026: Revenue Growth, Lower Net Income, and Balance Sheet Changes

According to the filing, Abacus Global Management, Inc. (NYSE: ABX) reported total revenues of $73,019,990 for the three months ended June 30, 2026, up from $56,224,620 in the same quarter of 2025. The increase was driven primarily by growth in life solutions revenues, which the company reported at $53,920,260 for Q2 2026 versus $31,125,573 in Q2 2025. Asset management revenues, including related-party amounts, declined year-over-year in both the three- and six-month periods, the filing disclosed.

Net income attributable to Abacus Global Management, Inc. for the three months ended June 30, 2026 was $6,627,042, compared to $17,583,689 in the prior-year quarter. The filing attributed a portion of the year-over-year decline to higher general and administrative expenses, which rose to $32,956,074 in Q2 2026 from $18,926,329 in Q2 2025, and to higher interest expense of $8,311,904 for the quarter. Operating income for the six months ended June 30, 2026 was reported at $39,807,342, versus $43,546,559 for the same period in 2025.

On the balance sheet, the company reported life settlement policies at fair value of $383,044,248 as of June 30, 2026, down from $468,857,929 at December 31, 2025. Other investments increased to $73,043,493 from $18,253,585 over the same period. Total liabilities decreased to $428,052,994 from $478,699,328, and total stockholders' equity increased to $434,677,426 from $418,540,930, according to the filing. The company also disclosed Series A convertible preferred stock of $5,000,000 in mezzanine equity, with 5,000 shares authorized, issued, and outstanding at both period ends.

What Was Disclosed

Abacus Global Management filed its unaudited quarterly financial statements for the period ended June 30, 2026, reporting increased revenues but lower net income year-over-year, along with changes to its balance sheet including reduced life settlement policy values and expanded other investments.