Abacus posts record Q4 revenue $71.9M (+116% YoY); acquires minority stake in Manning & Napier for $52.9M

Abacus Global Management, Inc.

Q4 revenue $71.9M (+116% YoY); full-year revenue $235.2M (+110% YoY), beating consensus by 20%.
Full-year GAAP net income $36.5M (vs loss $23.9M); adjusted net income $85.7M (+84% YoY).
FY2026 adjusted net income guidance $96-104M (up to 22% growth); inaugural $0.20/share annual dividend and $20M buyback authorized.
Acquired ~$52.9M minority stake in Manning & Napier ($18B AUM); strategic alliance for distribution, referrals, and joint product development; close expected Q2 2026.

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