Abacus Global Management, Inc. (ABX) Stock Analysis
Financial Services · Insurance - Life · NYSE
Abacus Global Management, Inc. (ABX) posted $235.24M in revenue for fiscal 2025 (up 110.2% year over year), at a 15.5% net margin, per its SEC filings.
Data last refreshed September 3, 2026 from SEC filings · how we compute this
The analyst's take on Abacus Global Management, Inc.
Abacus Global Management, Inc. has grown revenue from — to $235.24M over the last 5 fiscal years. The most recent year was up 110.2%.
Net margin sits at 15.5%, up 36.9 points year over year on a 87.7% gross margin. It carries about $405.82M of total debt.
It clears 2 of 7 deterministic health checks. The one thing worth a second look in the filings is share count rising (dilution).
Synthesised from Abacus Global Management, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
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Abacus Global Management, Inc. revenue & earnings — last 5 fiscal years
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | $44.71M | $66.40M | $111.92M | $235.24M |
| Gross profit | — | $38.83M | $59.91M | $100.55M | $206.38M |
| Net income | $15.84M | $31.68M | $9.52M | $-23.96M | $36.53M |
| Net margin | — | 70.9% | 14.3% | -21.4% | 15.5% |
Source: Abacus Global Management, Inc. SEC filings (10-K).
Abacus Global Management, Inc. financial health: 2 of 7 checks passed
- ✗Profitable every year (last 5)
- ✓Net margin above 10% (15.5%)
- ✗More cash than total debt (cash 38.1M vs debt 521.7M)
- ✗Positive operating cash flow (last 5 yrs)
- ✗Free cash flow positive (latest yr) (-26.6M)
- ✗Share count falling over 3 yrs (buybacks) (63.3M → 97.5M shares)
- ✓Pays a dividend (1 consecutive yrs in our data)
Checks computed deterministically from filed annual statements — no AI judgement.
Abacus Global Management, Inc.: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Share count rising (dilution)Shares outstanding grew 53.9% over 3 years (63.3M → 97.5M) — existing holders' stakes are being diluted.
- Debt with negative operating cash flowCarries $521.7M of debt while last year's operating cash flow was negative ($-25.7M).
- Net margin shrinkingNet margin fell from 70.9% to 15.5% over ~3 years — profitability is compressing.
Explore 5 years of Abacus Global Management, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Abacus Global Management, Inc. financial history
About Abacus Global Management, Inc.
Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States, Luxembourg, and internationally. The company operates in three segments: Asset Management, Life Solutions, and Technology Services segments. The Asset Management segment provides asset management services to investors investing in alternative investment and exchange-traded funds. The Life Solutions segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis. It sells its products through financial advisors or agents, direct-to-consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.
Abacus Global Management, Inc. — frequently asked questions
What is Abacus Global Management, Inc.'s revenue?
Abacus Global Management, Inc. (ABX) reported revenue of $235.24M for fiscal year 2025, up 110.2% from the prior year, according to its SEC filings.
Is Abacus Global Management, Inc. profitable?
Yes. ABX earned net income of $36.53M in fiscal 2025, a net margin of 15.5%.
What is ABX's P/E ratio?
Abacus Global Management, Inc. trades at a price-to-earnings ratio of about 24.3 based on the latest data in our nightly-refreshed cache.
Does Abacus Global Management, Inc. pay a dividend?
Yes, ABX pays a dividend — the yield is about 2.20%.
How much debt does Abacus Global Management, Inc. have?
As of fiscal year 2025, ABX carried roughly $405.82M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Abacus Global Management, Inc.'s gross margin?
ABX's gross margin was 87.7% in fiscal 2025 — gross profit of $206.38M on revenue of $235.24M.
What is Abacus Global Management, Inc.'s market cap?
Abacus Global Management, Inc. (ABX) has a market capitalization of about $884.40M, based on the latest data in our nightly-refreshed cache.
When does Abacus Global Management, Inc.'s fiscal year end?
ABX's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Abacus Global Management, Inc.'s official SEC filings (10-K and 10-Q), covering 5 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.