Abacus Global Management, Inc. logo

Abacus Global Management, Inc.

ABX

NYSEFinancial ServicesInsurance - Life

Previous close

$9.66

+$0.50 · +5.46%

Aug 21, 4:00 PM ET

ABX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

91

Deep Value

Momentum

69

Gaining

Sentiment

49

Mixed

Risk resilience

57

Elevated Risk

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Company profile

Company website

Abacus Global Management, Inc., established in 2004 and based in Orlando, Florida, operates within the United States as both an alternative asset manager and a market maker. The firm, set to officially transition its name from Abacus Life, Inc. in February 2025, organizes its business across five principal divisions. Its Active Management segment focuses on the procurement, divestiture, and exchange of policies, overseeing their administration until death benefits are released. The Originations segment specializes in brokering life insurance policy settlements, connecting investors or purchasers with original policyholders who are selling their policies. Through its Asset Management operations, the company delivers comprehensive asset management services to investors engaged in alternative investment and equity portfolio funds, all governed by fund investment agreements. Additionally, the Portfolio Servicing division provides contractual policy administration support to its clients. The Technology Services segment offers specialized, contract-based services specifically for the life insurance sector, such as real-time mortality checks and the verification of missing participants. Abacus distributes its various products and services through a range of channels, including financial advisors, agents, direct sales to consumers, and established intermediaries in the life settlements market.

Industry
Insurance - Life
Sector
Financial Services
Headquarters
US
CEO
Jay J. Jackson
Listed since
Sep 14, 2020
Employees
326

Market position

Day range

Current $9.66

52-week range

Current $9.66

Open
$9.63
Previous close
$9.16
Volume
414.34K
0.7× average
Average volume
593.21K
Average daily volume
Market cap
926.61M USD
Beta
0.06
Market reference 1
50-day average
$10.1736
-5.05% below average
200-day average
$8.8124
+9.62% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.2B USD
P/E (TTM)
33.05×
P/B (TTM)
2.12×
P/S (TTM)
3.47×
EV / EBITDA
10.85×
Earnings yield
4.44%
Free cash flow yield
-3.24%
Dividend yield
2.07%

Profitability & efficiency

Gross margin
68.55%
Operating margin
31.17%
Net margin
10.55%
Return on equity
8.73%
Return on assets
4.05%
Return on invested capital
7.08%

Financial health

Debt / equity
0.78×
Current ratio
0.47×
Altman Z-score
1.93
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends101%57%12%-33%Gross margin, FY2021: 37.12%Gross margin, FY2022: 86.84%Gross margin, FY2023: 90.23%Gross margin, FY2024: 89.84%Gross margin, FY2025: 71.91%Operating margin, FY2021: 4.15%Operating margin, FY2022: 75.29%Operating margin, FY2023: 36.33%Operating margin, FY2024: -0.79%Operating margin, FY2025: 37.01%Net margin, FY2021: 4.41%Net margin, FY2022: 70.86%Net margin, FY2023: 14.33%Net margin, FY2024: -21.41%Net margin, FY2025: 15.53%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 37.12%. Gross margin FY2022 86.84%. Gross margin FY2023 90.23%. Gross margin FY2024 89.84%. Gross margin FY2025 71.91%. Operating margin FY2021 4.15%. Operating margin FY2022 75.29%. Operating margin FY2023 36.33%. Operating margin FY2024 -0.79%. Operating margin FY2025 37.01%. Net margin FY2021 4.41%. Net margin FY2022 70.86%. Net margin FY2023 14.33%. Net margin FY2024 -21.41%. Net margin FY2025 15.53%.

Income trends

Revenue

235.24M USD+110.18%

Operating income

87.05M USD+87.94M USD

Net income

36.53M USD+60.49M USD
Income trends across reported periods261.16M USD157.48M USD53.8M USD−49.88M USDRevenue, FY2021: 22.59M USDRevenue, FY2022: 44.71M USDRevenue, FY2023: 66.4M USDRevenue, FY2024: 111.92M USDRevenue, FY2025: 235.24M USDOperating income, FY2021: 937.12K USDOperating income, FY2022: 33.67M USDOperating income, FY2023: 24.13M USDOperating income, FY2024: −888.3K USDOperating income, FY2025: 87.05M USDNet income, FY2021: 997.42K USDNet income, FY2022: 31.68M USDNet income, FY2023: 9.52M USDNet income, FY2024: −23.96M USDNet income, FY2025: 36.53M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 22.59M USD. Revenue FY2022 44.71M USD. Revenue FY2023 66.4M USD. Revenue FY2024 111.92M USD. Revenue FY2025 235.24M USD. Operating income FY2021 937.12K USD. Operating income FY2022 33.67M USD. Operating income FY2023 24.13M USD. Operating income FY2024 −888.3K USD. Operating income FY2025 87.05M USD. Net income FY2021 997.42K USD. Net income FY2022 31.68M USD. Net income FY2023 9.52M USD. Net income FY2024 −23.96M USD. Net income FY2025 36.53M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue235.24M USD111.92M USD66.4M USD44.71M USD22.59M USD
Cost of goods sold66.07M USD11.37M USD6.49M USD5.88M USD14.21M USD
Gross profit169.17M USD100.55M USD59.91M USD38.83M USD8.39M USD
Selling, general, and administrative102.38M USD90.8M USD31.39M USD4.02M USD7.44M USD
Operating expenses82.12M USD101.44M USD35.79M USD5.16M USD7.45M USD
Interest income3.86M USD2.4M USD594.76K USD1.47K USD11.5K USD
Interest expense38.79M USD18.28M USD9.87M USD42.8K USD
Depreciation and amortization18.61M USD7.91M USD3.41M USD4.28K USD31.24K USD
Operating income87.05M USD−888.3K USD24.13M USD33.67M USD937.12K USD
Net income36.53M USD−23.96M USD9.52M USD31.68M USD997.42K USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
80%
8 beats, 2 misses, 0 met estimates
Average EPS surprise
+16.82%
10 comparable reports
Latest EPS result
0.28
Estimate 0.24 · Beat by 16.67%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.320.250.190.12Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual 0.16, estimate 0.14, surprise +14.29%, Beat. Q2 2025, reported May 8, 2025: actual 0.18, estimate 0.16, surprise +12.50%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.22, estimate 0.16, surprise +37.50%, Beat. Q4 2025, reported Nov 6, 2025: actual 0.2, estimate 0.18, surprise +11.11%, Beat. Q1 2026, reported Mar 12, 2026: actual 0.23, estimate 0.2, surprise +15.00%, Beat. Q2 2026, reported May 7, 2026: actual 0.2, estimate 0.21, surprise -4.76%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.28, estimate 0.24, surprise +16.67%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.27, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates76.48M59.75M43.03M26.3MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 27, 2025: actual 33.21M USD, estimate 29.76M USD, surprise +11.61%, Beat. Q2 2025, reported May 8, 2025: actual 44.14M USD, estimate 40.37M USD, surprise +9.34%, Beat. Q3 2025, reported Aug 7, 2025: actual 56.22M USD, estimate 43.07M USD, surprise +30.55%, Beat. Q4 2025, reported Nov 6, 2025: actual 62.98M USD, estimate 55.38M USD, surprise +13.71%, Beat. Q1 2026, reported Mar 12, 2026: actual 71.9M USD, estimate 55.38M USD, surprise +29.82%, Beat. Q2 2026, reported May 7, 2026: actual 59.39M USD, estimate 64.21M USD, surprise -7.51%, Miss. Q3 2026, reported Aug 6, 2026: actual 73.02M USD, estimate 66.16M USD, surprise +10.37%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 72.85M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$13.00

34.58% upside
Past 12 months12-month forecastHigh $13.00Average $13.00Low $13.00

Recent analyst actions

2 institutions

ABX news

Corporate actions

Corporate action history

Dividend

Ex-dividend Dec 2, 2025

$0.20

Irregular

Record Dec 2, 2025 · Payment Dec 17, 2025

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