"Eleven quarters ago, we made specific commitments to our shareholders about how we would scale the business. Every quarter since, we have delivered."
— Jay Jackson
03Detailed Report
ABLLW
Company ABLLW
Period
Q4 2025
CurrencyUSD
Report TypeQuarterly Earnings
GeneratedJun 7, 2026
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Executive Summary
Abacus Life Inc delivered a robust QQ4 2025 performance, continuing a multi-quarter track record of outperformance. In Q4 2025, revenue rose to $71.9 million, up 116% year over year (YoY) and 14% quarter over quarter (QoQ), while the full-year revenue reached $235.2 million, a 110% YoY increase. Adjusted net income for the year climbed 84% to $85.7 million and adjusted EBITDA rose 115% to $132.6 million, delivering an annual EBITDA margin of 56%—a reflection of the company’s four-vertical flywheel and disciplined capital allocation. GAAP net income for Q4 was $7.2 million, with a 10.1% net income margin, underscoring a profitable quarter within a rapidly expanding platform.
Key Performance Indicators
Revenue
Increasing
71.90M
QoQ: 14.17% | YoY: 116.48%
Gross Profit
Decreasing
26.65M
37.06% margin
QoQ: -51.83% | YoY: -9.64%
Operating Income
Increasing
21.09M
QoQ: -5.89% | YoY: 225.84%
Net Income
Increasing
7.23M
QoQ: 2.14% | YoY: 139.58%
EPS
Increasing
0.07
QoQ: 0.41% | YoY: 133.64%
Revenue Trend
Margin Analysis
Financial Highlights
- Revenue (Q4 2025): $71.9M; YoY +116.5%; QoQ +14.2% (per earnings data)
- Gross Profit (Q4 2025): $26.65M; Gross Margin 37.07%
- Operating Income (Q4 2025): $21.09M; Operating Margin 29.34%
- Net Income (Q4 2025): $7.23M; Net Margin 10.05%
- EBITDA (Q4 2025): $26.51M; EBITDA Margin 36.87%
- Adjusted EBITDA (FY2025): $132.6M; Margin 56%
- Adjusted Net Income (FY2025): $85.7M; YoY +84%
- Revenue (FY2025): $235.2M; YoY +110%
- Capital deployment (FY2025): $580.8M (+82% YoY)
- Fee-paying AUM (year-end 2025): ~$3.3B; Management Fees: ~$33.8M
- Cash & liquidity: Cash and cash equivalents $38.1M; Debt: $405.8M (long-term); Total debt $411.2M
- Outlook: 2026 adjusted net income guidance of $96–$104M (+up to ~22% YoY)
Income Statement
Metric
Value
YoY Change
QoQ Change
Revenue
71.90M
116.48%
14.17%
Gross Profit
26.65M
-9.64%
-51.83%
Operating Income
21.09M
225.84%
-5.89%
Net Income
7.23M
139.58%
2.14%
EPS
0.07
133.64%
0.41%
Key Financial Ratios
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