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Abacus Global Management, Inc. — Third Quarter 2026 Earnings Summary

  • **Financial Performance:** Third-quarter revenue rose 22% YoY to $76.9 million, while GAAP net income surged 105% to $14.5 million; adjusted net income hit a record $29.4 million (+24% YoY) and adjusted EBITDA reached $42.3 million (+12% YoY).
  • **Guidance and Outlook:** The company raised full-year 2026 adjusted net income guidance to $104.5–$106.5 million (implying 22–24% growth) and projected Q4 adjusted EPS of $0.28–$0.30, marking the second outlook increase in 2026.
  • **Strategic Growth and Capital:** Longevity fund inflows totaled $452.4 million in Q3 (more than six times the prior-year period), and the firm completed a $400 million investment-grade securitization while launching its first registered interval fund, ABXGX.
  • **Capital Return:** The Board authorized a new $100 million share repurchase program in August, following approximately $80 million in stock buybacks under prior authorizations since December 2023.
Company
ABACUS GLOBAL MANAGEMENT INC
Sector
Financial Services
Industry
Insurance - Life