Filing Flows › Abacus Global Management (ABX) › Q4 2025
Abacus Global Management (ABX) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 13, 2026
Abacus Global Management (ABX) reported revenue of $71.9M for the fourth quarter 2025 (Q4 2025), +116% from a year earlier and +14% from the quarter before. Operating margin was 31.7%, net earnings $7.2M (10.1% of revenue).
Abacus Global Management, Q4 2025: revenue $71.9M (+116% year over year), operating margin 31.7%, net earnings $7.2M, operating cash flow −$7.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.9M | +14% | +116% |
| Gross profit | $63.9M | +15% | +117% |
| Operating profit | $22.8M | +2% | — |
| Net earnings | $7.2M | +2% | — |
| Operating cash flow | −$7.4M | — | — |
What changed
Revenue was $71.9M in Q4 2025, up 116% year over year and up 14% from the previous quarter. Life solutions was the largest line at 88% of revenue.
Gross margin was 88.8%, unchanged from a year earlier. Operating profit was $22.8M, a 31.7% margin (up 82.2 points year over year). Operating expenses fell 11% while revenue rose 116%. The fastest-growing cost line was Sales & marketing (+103%). Net earnings were $7.2M. The effective tax rate was 37.5%.
Operating cash flow was −$7.4M. Non-cash charges added back $4.3M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $24.1M. Capital expenditures of $112K exceeded it, leaving free cash flow of −$7.6M.
Questions
What was Abacus Global Management's revenue in the fourth quarter 2025?
Abacus Global Management (ABX) reported revenue of $71.9M for the fourth quarter 2025 (Q4 2025), +116% from a year earlier and +14% from the quarter before.
Was Abacus Global Management profitable in the fourth quarter 2025?
Operating profit was $22.8M (31.7% of revenue) and net earnings $7.2M.