Abacus Global Management Financials
Abacus Global Management (ABL) reported $250.5M in revenue over the twelve months to Mar 31, 2026, up 86.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Rapid scaling has not yet produced reliable cash conversion, with operating costs and capital demands driving the dominant business mechanic.
In FY2025, net income of$36.5M coexisted with operating cash flow of-$25.7M , revealing a material gap between reported earnings and cash generation. Operating cash flow improved sharply from-$208.8M in FY2024, but free cash flow remained negative, so earnings recovered faster than cash economics.
Gross margin remained around
Debt-to-equity eased from 0.8x to 0.7x by FY2025, but the current ratio fell from 2.6x to 0.5x, indicating weaker short-term coverage even as leverage improved. FY2025 paired free cash flow of
Financial Health Signals
Abacus Global Management does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Abacus Global Management passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Abacus Global Management used $0.70 of operating cash (-$25.7M OCF vs $36.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Abacus Global Management earns $2.29 in operating income for every $1 of interest expense ($88.8M vs $38.8M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Abacus Global Management generated $235.2M in revenue in fiscal year 2025. This represents an increase of 110.2% from the prior year.
Abacus Global Management's EBITDA was $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1429.0% from the prior year.
Abacus Global Management reported $36.5M in net income in fiscal year 2025. This represents an increase of 252.4% from the prior year.
Abacus Global Management earned $0.36 per diluted share (EPS) in fiscal year 2025. This represents an increase of 205.9% from the prior year.
Cash & Balance Sheet
Abacus Global Management recorded an outflow of $26.6M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents an increase of 87.3% from the prior year.
Abacus Global Management held $38.1M in cash against $289.9M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Abacus Global Management's gross margin was 87.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.1 percentage points from the prior year.
Abacus Global Management's operating margin was 37.7% in fiscal year 2025, reflecting core business profitability. This is up 38.5 percentage points from the prior year.
Abacus Global Management's net profit margin was 15.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 36.9 percentage points from the prior year.
Abacus Global Management's ROE was 8.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 14.4 percentage points from the prior year.
Capital Allocation
Abacus Global Management spent $43.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 307.6% from the prior year.
Abacus Global Management invested $931K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 18.5% from the prior year.
Not reported for fiscal year 2025.
ABL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $59.4M-17.4% | $71.9M+14.2% | $63.0M+12.0% | $56.2M+27.4% | $44.1M+32.9% | $33.2M+18.0% | $28.1M-3.2% | $29.1M |
| Cost of Revenue | $6.3M-21.5% | $8.0M+5.0% | $7.7M+26.4% | $6.1M-14.8% | $7.1M+91.1% | $3.7M+70.0% | $2.2M-20.2% | $2.7M |
| Gross Profit | $53.1M-16.9% | $63.9M+15.4% | $55.3M+10.3% | $50.2M+35.5% | $37.0M+25.6% | $29.5M+13.6% | $26.0M-1.4% | $26.3M |
| SG&A Expenses | $25.9M-18.9% | $31.9M+29.1% | $24.7M+30.5% | $18.9M+54.3% | $12.3M-69.6% | $40.3M+160.4% | $15.5M+6.4% | $14.6M |
| Operating Income | $18.3M-19.6% | $22.8M+1.7% | $22.4M-0.5% | $22.5M+7.1% | $21.0M+225.4% | -$16.8M-344.7% | $6.8M+1.2% | $6.8M |
| Interest Expense | $10.5M-2.2% | $10.7M+9.7% | $9.7M+11.3% | $8.8M-9.0% | $9.6M+64.1% | $5.9M+39.0% | $4.2M-6.9% | $4.5M |
| Income Tax | $3.8M-12.6% | $4.3M-7.6% | $4.7M+15.3% | $4.1M+74.4% | $2.3M-16.8% | $2.8M+1219.9% | -$250K-114.2% | $1.8M |
| Net Income | $7.3M+0.5% | $7.2M+2.1% | $7.1M-59.8% | $17.6M+279.0% | $4.6M+125.4% | -$18.3M-256.2% | -$5.1M-765.6% | $770K |
| EPS (Diluted) | $0.07 | N/A | $0.07-61.1% | $0.18+260.0% | $0.05 | N/A | -$0.07-800.0% | $0.01 |
Not reported in any period shown, so not listed: R&D Expenses.
ABL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $829.8M-8.0% | $902.2M-1.8% | $918.9M+8.3% | $848.4M-1.0% | $856.5M-2.0% | $874.2M+83.1% | $477.3M-1.4% | $483.9M |
| Current Assets | $68.3M-1.8% | $69.6M-49.6% | $138.2M+30.4% | $105.9M+72.3% | $61.5M-61.5% | $159.6M+418.1% | $30.8M-69.7% | $101.6M |
| Cash & Equivalents | $37.2M-2.4% | $38.1M-55.9% | $86.4M+15.5% | $74.8M+71.0% | $43.8M-66.8% | $131.9M+579.8% | $19.4M-78.7% | $91.3M |
| Accounts Receivable | $12.3M | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $252.8M0.0% | $252.8M+1.5% | $249.0M+4.2% | $238.9M+0.3% | $238.3M0.0% | $238.3M+70.3% | $139.9M0.0% | $139.9M |
| Total Liabilities | $407.2M-14.9% | $478.7M-0.1% | $479.3M+12.3% | $426.8M+1.4% | $420.9M-6.6% | $450.9M+105.5% | $219.4M-3.4% | $227.0M |
| Current Liabilities | $35.8M-75.9% | $148.6M+0.1% | $148.4M+5.9% | $140.2M+7.2% | $130.8M+109.4% | $62.5M+161.8% | $23.9M-56.9% | $55.4M |
| Long-Term Debt | $328.5M+13.3% | $289.9M0.0% | $289.8M | N/A | N/A | $342.4M | N/A | N/A |
| Total Equity | $417.6M-0.2% | $418.5M-3.7% | $434.6M+4.3% | $416.5M-3.3% | $430.6M+1.7% | $423.3M+64.1% | $257.9M+0.4% | $256.8M |
| Retained Earnings | -$34.5M+17.2% | -$41.6M-44.3% | -$28.9M+19.3% | -$35.8M+32.8% | -$53.3M+8.0% | -$57.9M-46.1% | -$39.6M-14.8% | -$34.5M |
Not reported in any period shown, so not listed: Inventory.
ABL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $91.7M+1332.4% | -$7.4M+77.3% | -$32.8M-143.0% | $76.1M+223.6% | -$61.6M+33.0% | -$92.0M-75.9% | -$52.3M+22.0% | -$67.1M |
| Capital Expenditures | $134K+19.0% | $112K-34.5% | $172K-59.4% | $423K+88.5% | $224K+16.4% | $193K-20.5% | $243K+28.2% | $189K |
| Free Cash Flow | $91.6M+1312.3% | -$7.6M+77.1% | -$32.9M-143.5% | $75.7M+222.4% | -$61.8M+32.9% | -$92.2M-75.5% | -$52.5M+21.9% | -$67.2M |
| Investing Cash Flow | -$932K+90.0% | -$9.3M-3843.8% | -$236K+97.6% | -$10.0M-167.5% | -$3.7M+1.3% | -$3.8M-739.8% | -$451K+2.4% | -$462K |
| Financing Cash Flow | -$91.7M-190.4% | -$31.6M-170.8% | $44.6M+227.3% | -$35.0M-53.3% | -$22.9M-111.0% | $208.3M+1186.2% | -$19.2M-120.5% | $93.5M |
| Share Buybacks | $14.5M+160.9% | $5.5M+73.5% | $3.2M-90.9% | $35.1M | $0 | $0 | $0-100.0% | $3.2M |
Not reported in any period shown, so not listed: Dividends Paid.
ABL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 89.4%+0.6pp | 88.8%+1.0pp | 87.8%-1.4pp | 89.2%+5.3pp | 83.9%-4.9pp | 88.8%-3.4pp | 92.2%+1.7pp | 90.6% |
| Operating Margin | 30.9%-0.9pp | 31.7%-3.9pp | 35.6%-4.5pp | 40.1%-7.6pp | 47.6%+98.1pp | -50.5%-74.8pp | 24.3%+1.1pp | 23.3% |
| Net Margin | 12.2%+2.2pp | 10.1%-1.2pp | 11.2%-20.0pp | 31.3%+20.8pp | 10.5%+65.5pp | -55.0%-36.8pp | -18.2%-20.9pp | 2.6% |
| Return on Equity | 1.7%0.0pp | 1.7%+0.1pp | 1.6%-2.6pp | 4.2%+3.1pp | 1.1%+5.4pp | -4.3%-2.3pp | -2.0%-2.3pp | 0.3% |
| Return on Assets | 0.9%+0.1pp | 0.8%0.0pp | 0.8%-1.3pp | 2.1%+1.5pp | 0.5%+2.6pp | -2.1%-1.0pp | -1.1%-1.2pp | 0.2% |
| Current Ratio | 1.91+1.4x | 0.47-0.5x | 0.93+0.2x | 0.76+0.3x | 0.47-2.1x | 2.55+1.3x | 1.29-0.5x | 1.84 |
| Debt-to-Equity | 0.79+0.1x | 0.690.0x | 0.67-0.4x | 1.020.0x | 0.98+0.2x | 0.810.0x | 0.850.0x | 0.88 |
| FCF Margin | 154.2% | -10.5%+41.8pp | -52.3% | 134.6% | -140.1% | -277.5% | -186.6% | -231.3% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Note: The current ratio is below 1.0 (0.47), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Abacus Global Management Ranks
Frequently Asked Questions
What is Abacus Global Management's annual revenue?
Abacus Global Management (ABL) reported $235.2M in total revenue for fiscal year 2025. This represents a 110.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Abacus Global Management's revenue growing?
Abacus Global Management (ABL) revenue grew by 110.2% year-over-year, from $111.9M to $235.2M in fiscal year 2025.
Is Abacus Global Management profitable?
Yes, Abacus Global Management (ABL) reported a net income of $36.5M in fiscal year 2025, with a net profit margin of 15.5%.
What is Abacus Global Management's EBITDA?
Abacus Global Management (ABL) had EBITDA of $107.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Abacus Global Management have?
As of fiscal year 2025, Abacus Global Management (ABL) had $38.1M in cash and equivalents against $289.9M in long-term debt.
What is Abacus Global Management's gross margin?
Abacus Global Management (ABL) had a gross margin of 87.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Abacus Global Management's operating margin?
Abacus Global Management (ABL) had an operating margin of 37.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Abacus Global Management's net profit margin?
Abacus Global Management (ABL) had a net profit margin of 15.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Abacus Global Management's return on equity (ROE)?
Abacus Global Management (ABL) has a return on equity of 8.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Abacus Global Management's free cash flow?
Abacus Global Management (ABL) recorded an outflow of $26.6M in free cash flow during fiscal year 2025. This represents a 87.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Abacus Global Management's operating cash flow?
Abacus Global Management (ABL) recorded an outflow of $25.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Abacus Global Management's total assets?
Abacus Global Management (ABL) had $902.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Abacus Global Management's capital expenditures?
Abacus Global Management (ABL) invested $931K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Abacus Global Management's current ratio?
Abacus Global Management (ABL) had a current ratio of 0.47 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Abacus Global Management's debt-to-equity ratio?
Abacus Global Management (ABL) had a debt-to-equity ratio of 0.69 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Abacus Global Management's return on assets (ROA)?
Abacus Global Management (ABL) had a return on assets of 4.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Abacus Global Management's Piotroski F-Score?
Abacus Global Management (ABL) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Abacus Global Management's earnings high quality?
For every $1 of reported earnings, Abacus Global Management (ABL) used $0.70 of operating cash (-$25.7M OCF vs $36.5M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Abacus Global Management cover its interest payments?
Abacus Global Management (ABL) has an interest coverage ratio of 2.29x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.