Abacus Global Management: Q2 revenue up 30% to $73.0 million; valuation letter
Abacus furnished a shareholder letter dated August 24, 2026, from Chief Investment Officer Elena Plesco, covering interest rates, a valuation methodology change, and first-half 2026 results. The letter says Q2 2026 revenue grew 30% year over year to $73.0 million and adjusted net income reached $27.1 million, above the high end of company guidance. The company also moved to a Historical Return Method for valuing policies starting in Q2 2026, which shareholders may want to weigh alongside the reported results.
Key points
- Q2 2026 revenue grew 30% year over year to $73.0 million, led by Life Solutions, which grew 38.3%.
- Adjusted net income was $27.1 million, above the high end of company guidance; adjusted EBITDA grew 27% to $39.9 million.
- Starting in Q2 2026, policies are valued under an updated Historical Return Method that applies observed returns to cost basis instead of discounting modeled cash flows.
- Capital deployed was close to $200 million in Q2 2026 and $362 million year to date; adjusted figures are non-GAAP measures.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 24, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.