Filing Flows › Abacus Global Management (ABX) › Q1 2026
Abacus Global Management (ABX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Abacus Global Management (ABX) reported revenue of $59.4M for the first quarter 2026 (Q1 2026), +35% from a year earlier and -17% from the quarter before. Operating margin was 30.9%, net earnings $7.3M (12.2% of revenue).
Abacus Global Management, Q1 2026: revenue $59.4M (+35% year over year), operating margin 30.9%, net earnings $7.3M, operating cash flow $91.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.4M | -17% | +35% |
| Gross profit | $53.1M | -17% | +43% |
| Operating profit | $18.3M | -20% | -13% |
| Net earnings | $7.3M | +0.5% | +35% |
| Operating cash flow | $91.7M | — | — |
| Free cash flow | $91.6M | — | — |
What changed
Revenue was $59.4M in Q1 2026, up 35% year over year and down 17% from the previous quarter. Life solutions was the largest line at 85% of revenue. Life solutions added $14.3M year over year (up 39%), 94% of the total change.
Gross margin was 89.4%, up 5.5 points from Q1 2025. Operating profit was $18.3M, a 30.9% margin (down 16.8 points year over year). Operating profit fell $2.7M even though revenue rose $15.3M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 117% against revenue growth of 35%. The fastest-growing cost line was Other operating costs (+250%). Net earnings were $7.3M, up 57% year over year. The effective tax rate was 34.3%.
Operating cash flow was $91.7M, 1262% of net earnings. Non-cash charges added back $3.9M of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items added $74.1M. Capital expenditures of $134K left free cash flow of $91.6M.
Questions
What was Abacus Global Management's revenue in the first quarter 2026?
Abacus Global Management (ABX) reported revenue of $59.4M for the first quarter 2026 (Q1 2026), +35% from a year earlier and -17% from the quarter before.
Was Abacus Global Management profitable in the first quarter 2026?
Operating profit was $18.3M (30.9% of revenue) and net earnings $7.3M.