Abacus Global Q2 FY26 net income drops 62.4% to $6.63 million; revenue climbs 29.9% to $73.02 million - ABL News | RalliesAbacus Global Q2 FY26 net income drops 62.4% to $6.63 million; revenue climbs 29.9% to $73.02 million
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ABL• Quarterly results
- Abacus Global Management posted Q2 net income attributable to shareholders of USD 6.63 million, down 62.3% year over year.
- Revenue rose 29.9% to USD 73.02 million, driven by life solutions revenue up 38.3% to USD 65.43 million.
- Operating income slipped 4.6% to USD 21.48 million as total operating expenses climbed 53.6% to USD 42.48 million.
Segment performance
- Asset management revenue fell 17.6% to USD 7.22 million on lower management fees tied to declines in Carlisle Funds and ETF Funds AUM.
- Technology services revenue more than doubled to USD 379,277, due to increases in the number of lives tracked.
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