Abacus Global Management, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $235.2M | $111.9M | $66.4M | $44.7M | — |
| Cost of revenue | $28.9M | $11.4M | $6.5M | $5.9M | — |
| Gross profit | $206.4M | $100.6M | $59.9M | $38.8M | — |
| Operating expenses | $117.6M | $101.4M | $35.8M | $5.2M | — |
| Operating income | $88.8M | -$888,304 | $24.1M | $33.7M | — |
| Interest expense | $38.8M | $18.3M | $9.9M | $42,798 | — |
| Pretax income | — | — | — | -$591,079 | $15.8M |
| Income tax expense | $15.4M | $5.5M | $1.5M | $889,943 | — |
| Net income | $36.5M | -$24.0M | $9.5M | $31.7M | $15.8M |
| Balance Sheet | |||||
| Cash and equivalents | $38.1M | $131.9M | $25.6M | $30.1M | — |
| Current assets | $69.6M | $159.6M | $31.8M | $33.3M | $944,755 |
| Total assets | $902.2M | $874.2M | $331.8M | $59.1M | $346.0M |
| Current liabilities | $148.6M | $62.5M | $23.3M | $1.3M | — |
| Total liabilities | $478.7M | $450.9M | $167.8M | $30.9M | $29.2M |
| Total debt | $413.3M | — | — | — | — |
| Stockholders' equity | $418.5M | $423.3M | $164.1M | -$18.4M | -$28.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$25.7M | -$208.8M | -$64.0M | $10.7M | -$1.2M |
| Depreciation and amortization | $18.6M | $7.9M | $3.4M | $4,282 | — |
| Stock-based compensation | $15.5M | $43.4M | $10.8M | $0 | $0 |
| Capital expenditure | $931,443 | $786,236 | $189,674 | $0 | — |
| Free cash flow | -$26.6M | -$209.6M | -$64.2M | $10.7M | — |
| Dividends paid | $19.6M | $0 | — | — | — |
| Share repurchases | $43.8M | $10.7M | $1.3M | $0 | — |
Shares outstanding 95.9M · Free float 1.3%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.