Abacus Global Management, Inc. income statement
In fiscal 2025, Abacus Global Management, Inc. reported revenue of $235m, up 110.2% on the year before, operating income of $88.8m (a 37.7% margin) and net income of $36.5m, or $0.36 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 45 | 66 | 112 | 235 | 267 |
| Cost of revenue | 6 | 6 | 11 | 29 | 31 |
| Gross profit | 39 | 60 | 101 | 206 | 236 |
| Selling and marketing | 3 | 5 | 9 | 15 | 19 |
| General and administrative | 1 | 26 | 82 | 88 | 115 |
| Operating income | 34 | 24 | −1 | 89 | 85 |
| Interest expense | 0 | 10 | 18 | 39 | 39 |
| Income before tax | −1 | — | — | — | — |
| Income tax | 1 | 1 | 5 | 15 | 17 |
| Net income | 32 | 10 | −24 | 37 | 28 |
| Diluted EPS | $0.63 | $0.16 | −$0.34 | $0.36 | $0.28 |
| Diluted shares (average) | 50m | 58m | 71m | 99m | 100m |
| EBITDA | 34 | 28 | 7 | 107 | 102 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 33 | 44 | 56 | 63 | 72 | 59 | 73 |
| Cost of revenue | 2 | 4 | 7 | 6 | 8 | 8 | 6 | 9 |
| Gross profit | 26 | 29 | 37 | 50 | 55 | 64 | 53 | 64 |
| Selling and marketing | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 6 |
| General and administrative | 15 | 40 | 12 | 19 | 25 | 32 | 26 | 33 |
| Operating income | 7 | −17 | 21 | 23 | 22 | 23 | 18 | 21 |
| Interest expense | 4 | 6 | 10 | 9 | 10 | 11 | 10 | 8 |
| Income tax | −0 | 3 | 2 | 4 | 5 | 4 | 4 | 4 |
| Net income | −5 | −18 | 5 | 18 | 7 | 7 | 7 | 7 |
| Diluted EPS | −$0.07 | −$0.25 | $0.05 | $0.18 | $0.07 | $0.06 | $0.07 | $0.07 |
| EBITDA | 9 | −14 | 26 | 28 | 27 | 27 | 22 | 25 |
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