secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-032209
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 revenue $59.4M +35% YoY; raises FY adj. net income guidance to $100-106M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000162828026032209/0001628280-26-032209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000162828026032209/abl-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-032209

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer