Abacus Global Q2 FY26 net income drops 62.4% to $6.63 million; revenue climbs 29.9% to $73.02 million

Reuters2026/08/10 20:58

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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.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abacus Global Management Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-055287), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Abacus Global Q2 FY26 net income drops 62.4% to $6.63 million; revenue climbs 29.9% to $73.02 million

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