{"id":960173,"date":"2026-05-07T18:24:49","date_gmt":"2026-05-07T22:24:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/abacus-global-management-inc-reports-first-quarter-2026-results\/"},"modified":"2026-05-07T18:24:49","modified_gmt":"2026-05-07T22:24:49","slug":"abacus-global-management-inc-reports-first-quarter-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/abacus-global-management-inc-reports-first-quarter-2026-results\/","title":{"rendered":"Abacus Global Management, Inc. Reports First Quarter 2026 Results"},"content":{"rendered":"
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\n ~ Raises Full-Year 2026 Adjusted Net Income<\/em>
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\n Guidance to $100\u2013$106 Million, Up to 24% Increase Year-Over-Year; Issues Q2 Adjusted Net Income Guidance of $24\u2013$26 Million ~<\/em>
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\n ~ Issues Full-Year 2026 Adjusted EPS<\/em>
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\n Guidance of $1.00\u2013$1.05; Q2 Adjusted EPS Guidance of $0.24\u2013$0.26 ~<\/em>
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\n ~ Generates $91.7 Million in Operating Cash Flow, an Increase of More Than $153 Million Year-Over-Year ~<\/em>
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\n ~ Longevity Income Funds AUM Grows Nearly 4x Year-Over-Year to Approximately $1 Billion ~<\/em>
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\n ~ Adjusted Net Income<\/em>
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\n Increases 17% Year-Over-Year to $20.1 Million; Adjusted EBITDA<\/em>
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\n Grows 33.3% to $32.7 Million ~<\/em>
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ORLANDO, Fla., May 07, 2026 (GLOBE NEWSWIRE) — Abacus Global Management, Inc. (\u201cAbacus\u201d or the \u201cCompany\u201d) (NYSE: ABX), a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services with a focus on longevity-based assets and personalized financial planning, today reported results for the first quarter ended March 31, 2026.<\/p>\n

Jay Jackson, Chief Executive Officer of Abacus commented, \u201cThis quarter, the results reflect both the execution of our platform and the moment this asset class is having. Gross AUM reached approximately $3.6 billion on $378 million of gross capital inflows, longevity income fund AUM has grown nearly 4x year-over-year approaching $1 billion, and we deployed $163.6 million in origination capital. At the same time, we returned 100% of investor capital in our LMA Income II Fund at term, on time, as promised, with two-thirds of those investors choosing to recommit or extend their investment. That is not a capital return event. That is a validation. Our assets are mortality-driven, structurally uncorrelated to credit and equity cycles, and in this macro environment, that distinction is driving institutional demand. We increased our 2026 guidance, and our strategic initiatives including our investment in Manning & Napier and a second securitization are advancing on schedule. Quarter after quarter, we do what we say we will do.\u201d<\/p>\n

\n First Quarter 2026 Highlights <\/strong>\n <\/p>\n\n\n\n\n\n\n
\n Metric<\/strong>\n <\/td>\n\n 1Q26<\/strong>\n <\/td>\n\n 1Q25<\/strong>\n <\/td>\n\n Note<\/strong>\n <\/td>\n<\/tr>\n
Total Revenue<\/td>\n$59.4M<\/td>\n$44.1M<\/td>\n+35% YoY driven by strong Life Solutions growth<\/td>\n<\/tr>\n
Origination capital deployment<\/td>\n$163.6M<\/td>\n$125.9M<\/td>\n+30% YoY; 659 policies held (vs. 753 in 1Q25)<\/td>\n<\/tr>\n
GAAP net income<\/td>\n$7.3M<\/td>\n$4.6M<\/td>\n+59%<\/td>\n<\/tr>\n
Operating Cash Flow<\/td>\n$91.7M<\/td>\n($61.6M)<\/td>\n+$153M increase YoY; demonstrates cash generation capacity of platform<\/td>\n<\/tr>\n<\/table>\n

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\n First Quarter 2026 Non-GAAP Highlights\u00a0<\/strong>\n <\/p>\n\n\n\n\n\n\n
\n Metric<\/strong>\n <\/td>\n\n 1Q26<\/strong>\n <\/td>\n\n 1Q25<\/strong>\n <\/td>\n\n Note<\/strong>\n <\/td>\n<\/tr>\n
Adjusted net income1<\/sup><\/td>\n$20.1M<\/td>\n$17.3M<\/td>\n+17% YoY<\/td>\n<\/tr>\n
Adjusted EPS (basic)1<\/sup><\/td>\n$0.21<\/td>\n$0.18<\/td>\n+17% YoY<\/td>\n<\/tr>\n
Adjusted EBITDA1<\/sup><\/td>\n$32.7M<\/td>\n$24.5M<\/td>\n+33% YoY<\/td>\n<\/tr>\n
Adjusted EBITDA margin1<\/sup><\/td>\n55.0%<\/td>\n55.6%<\/td>\nMaintains high margin level while growing the business<\/td>\n<\/tr>\n<\/table>\n

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\n First Quarter 2026 Efficiency Movers\u00a0<\/strong>\n <\/p>\n\n\n\n\n\n\n
\n Metric<\/strong>\n <\/td>\n\n 1Q26<\/strong>\n <\/td>\n\n 1Q25<\/strong>\n <\/td>\n\n Note<\/strong>\n <\/td>\n<\/tr>\n
Annualized ROIC1<\/sup><\/td>\n17%<\/td>\n17%<\/td>\nMaintained YoY<\/td>\n<\/tr>\n
Annualized ROE1<\/sup><\/td>\n19%<\/td>\n16%<\/td>\n+19% YoY<\/td>\n<\/tr>\n
Annualized turnover ratio<\/td>\n1.9x<\/td>\n0.8x<\/td>\nWithin long-term target of 1.5x to 2.0x<\/td>\n<\/tr>\n
Average Realized Gain<\/td>\n26%<\/td>\n21%<\/td>\nExceeds long-term target of 20%, reflecting strong origination discipline<\/td>\n<\/tr>\n<\/table>\n

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\n First Quarter 2026 Capital Return Update\u00a0<\/strong>\n <\/p>\n\n\n\n
\n Metric<\/strong>\n <\/td>\n\n 1Q26<\/strong>\n <\/td>\n\n Note<\/strong>\n <\/td>\n<\/tr>\n
Share repurchase program<\/td>\n$20M<\/td>\nBoard approved additional repurchases of up to $20 million in January 2026, reflecting confidence in long-term business model, recurring earnings, and capital strength<\/td>\n<\/tr>\n<\/table>\n

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\n Other First Quarter 2026 Highlights\u00a0<\/strong>\n <\/p>\n