earnings
confidence high
sentiment positive
materiality 0.75
Q1 revenue $59.4M +35% YoY; raises FY adj. net income guidance to $100-106M
Abacus Global Management, Inc.
2026-Q1 EPS reported
$0.07
revenue$59,390,288
- Q1 revenue $59.4M (+35% YoY); GAAP net income $7.3M (+59%); operating cash flow $91.7M vs -$61.6M.
- Adj. net income $20.1M (+17% YoY); adj. EPS $0.21; adj. EBITDA $32.7M (+33% YoY).
- FY 2026 adj. net income guidance raised to $100-106M (up to 24% YoY); Q2 guidance $24-26M adj. net income, $0.24-0.26 adj. EPS.
- Longevity income fund AUM ~$1B (nearly 4x YoY); agreed to acquire ~$53M minority stake in Manning & Napier (closes Q2 2026).
- Board approved additional $20M share repurchase; LMA Income II Fund returned 100% capital with ~2/3 reinvested.