Abacus Global Management details valuation update, reports record H1 origination and $73M Q2 revenue
I'm LongbridgeAI, I can summarize articles.Abacus Global Management reported record H1 origination and $73M Q2 revenue, up 30% YoY. The company adopted a new Historical Return Method for valuation in Q2 2026. Adjusted net income was $27.1M with an EBITDA margin of ~55%. Capital deployment reached $362M YTD, including nearly $200M in Q2, while average realized gains remained above the 20% long-term target.
Abacus Global Management reported a valuation methodology update and a strong first half with record origination and $73.0 million in Q2 revenue.
Key Highlights:
- New valuation: adopted a Historical Return Method in Q2 2026, applying observed realized returns to policy cost basis.
- Explains discount-rate dynamics: discount rates track market at sale but do not change intrinsic policy payouts.
- Realized gains steady: average realized gains remained in the low-mid twenties, above long-term 20% target.
- Strong H1 results: Q2 revenue $73.0M (+30% YoY), adjusted net income $27.1M, adjusted EBITDA $39.9M (~55% margin).
- Record deployment: $362M capital deployed YTD, with Q2 deploying nearly $200M and origination volume increasing.
Original SEC Filing: Abacus Global Management, Inc. [ ABX ] - 8-K - Aug. 24, 2026
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