Abacus Reports 116% Q4 Revenue Growth and Projects $96–104M 2026 Income
Abacus Global Management posted Q4 revenue of $71.9 million (up 116% year-over-year) and full-year revenue of $235.2 million (up 110%), with adjusted net income rising 84% to $85.7 million. The firm approved a $0.20 dividend, authorized a $20 million share buyback, and forecasts 2026 adjusted net income of $96 million to $104 million.
1. Q4 and Full-Year Financial Performance
Abacus Global Management delivered Q4 revenue of $71.9 million, up 116% year-over-year, with GAAP net income of $7.2 million and adjusted net income of $23.0 million. For full year 2025, revenue rose 110% to $235.2 million, yielding GAAP net income of $36.5 million and adjusted net income of $85.7 million.
2. Capital Deployment and Returns
Origination capital deployment reached $230.7 million in Q4 (up 82%) and $580.8 million for the full year, expanding the asset base to approximately $3.6 billion. Annualized ROIC and ROE both exceeded 20% in Q4, and adjusted EBITDA margin improved to 54%.
3. Shareholder Returns and 2026 Outlook
The board approved an inaugural $0.20 per share dividend and authorized a $20 million share repurchase program to enhance capital returns. Management initiated a 2026 adjusted net income outlook of $96 million to $104 million, implying up to 22% year-over-year growth.
4. Strategic Growth Initiatives
Abacus completed the AccuQuote acquisition to broaden its financial services offerings and transferred its listing to the NYSE under ticker ABX. Leadership outlined a five-year plan targeting $450 million in adjusted EBITDA with 70% recurring revenue mix.