Abacus Global ramps life data play
Abacus Global ($ABX) is expanding into life insurance with data-driven underwriting and longevity investing, reporting more than 100% YoY revenue growth and signs of a profitability inflection (x.com).
Full-year 2025 revenue reached $235.2 million, up roughly 110% from $111.9 million in 2024, with Q4 revenue of $71.9 million reported on March 12, 2026. (ir.abacusgm.com)) Adjusted EBITDA for 2025 was $132.6 million (up 115% year-over-year), and the company reported GAAP net income of approximately $36.5 million for the year. (fool.com)) Abacus reported fee-paying assets under management of $3.3 billion at year-end 2025 and set a public target of $5 billion in fee-paying AUM by the end of 2026. (fool.com)) Capital deployed during 2025 totaled $580.8 million, including $230.7 million in Q4 activity and $50 million deployed toward the company’s first securitization of policies, while average realized gains were reported at 27% for Q4 and 32% for the full year. (fool.com)) The Life Solutions business notes more than $10 billion in face value of policies purchased since 2004 and emphasizes proprietary longevity modeling and actuarial techniques developed by executives with industry experience dating to the mid-1990s. (markets.financialcontent.com)) Corporate moves that expand distribution and capital strategy include a strategic minority investment in Manning & Napier announced in March 2026, a $20 million share buyback authorization and a $0.20 annual dividend approved for 2026, and a December 2025 transfer of its listing to the NYSE. (markets.businessinsider.com))