Form 8-K

8-K — Abacus Global Management, Inc.

Accession: 0001628280-26-054378

Filed: 2026-08-06

Period: 2026-08-06

CIK: 0001814287

SIC: 6282 (INVESTMENT ADVICE)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — abl-20260806.htm (Primary)

EX-99.1 (ex_991xabx-earningsrelease.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: abl-20260806.htm · Sequence: 1

abl-20260806

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

__________________

FORM 8-K

__________________

CURRENT REPORT

Pursuant to Section 13 or Section 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 6, 2026

__________________

Abacus Global Management, Inc.

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation

or organization)

001-39403

(Commission

File Number)

85-1210472

(I.R.S. Employer

Identification Number)

333 South Garland Avenue, Suite 1500

Orlando, Florida 32801

(800) 561-4148

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbols Name of each exchange on which registered

Common stock, par value $0.0001 per share ABX

New York Stock Exchange

9.875% Fixed Rate Senior Notes due 2028 ABXL

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02. Results of Operations and Financial Condition

On August 6, 2026, Abacus Global Management, Inc. ("Abacus" or "Company") announced the results of its operations and its financial condition for the quarterly period ended June 30, 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

The information in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” with the U.S. Securities and Exchange Commission or otherwise incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

Item 7.01 Regulation FD Disclosure

On August 6, 2026, the Company intends to post a new investor presentation to the Investor Relations – Presentations section of the Company’s website, https://ir.abacusgm.com/. The Company’s investor presentation is expected to contain information that may be deemed material to investors. The Company uses its website to disseminate updates to its investor presentation and does not intend to file or furnish a Current Report on Form 8-K to alert investors each time the presentation is updated. The Company routinely posts important information, including news releases, announcements and other statements about its business and results of operations, that may be deemed material to investors on the Investor Relations section of the Company’s website, https://ir.abacusgm.com/.

The Company uses its website as a means of disclosing material, nonpublic information and for complying with the Company’s disclosure obligations under Regulation FD. Investors should monitor the Investor Relations section of the Company’s website in addition to following the Company’s press releases, filings with the SEC, public conference calls and webcasts.

Pursuant to the rules and regulations of the SEC, the information in this Item 7.01 disclosure is deemed to have been furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statement and Exhibits

(d) Exhibits.

Exhibit Number Exhibit Description

99.1

Press Release dated August 6, 2026 announcing financial results for the quarter ended June 30, 2026.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

Abacus Global Management, Inc.

(Registrant)

Date: August 6, 2026 By: /s/ Jay Jackson

Name: Jay Jackson

Title: Chief Executive Officer

(Principal Executive Officer)

EX-99.1

Filename: ex_991xabx-earningsrelease.htm · Sequence: 2

Document

ABACUS GLOBAL MANAGEMENT, INC. REPORTS SECOND QUARTER 2026 RESULTS

~ Reports Record Second Quarter 2026 Total Revenue of $73.0 Million ~

~ Adjusted Net Income1 of $27.1 Million and Adjusted EPS1 of $0.28 Exceed High End of Guidance Ranges; Adjusted EBITDA1 Grows to Record $39.9 Million ~

~ Surpasses First-Half 2026 Longevity Funds Target, Raising $544.2 Million in New Capital, Exceeding $500 Million Goal ~

~ Projects Continued Growth with Third Quarter 2026 Adjusted EPS1 of $0.26–$0.28, Up to 17%

Year-Over-Year ~

ORLANDO, Fla. – August 6, 2026 – Abacus Global Management, Inc. (“Abacus” or the “Company”) (NYSE: ABX), a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services with a focus on longevity-based assets and personalized financial planning, today reported results for the second quarter ended June 30, 2026.

Jay Jackson, Chief Executive Officer of Abacus, remarked, “Abacus continues to build the intelligence layer for lifespan-linked finance. We're building a new category in financial planning and infrastructure: longevity and LifeARC as the foundation for how families plan and transfer wealth across generations, grounded in the liquidity and data only Abacus can provide.”

Mr. Jackson continued, “This was a record quarter for Abacus, and our results reflect that momentum. Revenue grew 30% year-over-year to $73.0 million, and our longevity funds raised $544.2 million in the first half, surpassing our $500 million target. We also launched the ABX Longevity Growth and Income Fund, our first registered vehicle open to individual investors, and began tokenizing in-force policies to bring transparency to the secondary market. Our early results with Manning & Napier confirm the playbook. Each of these moves reinforces the same flywheel, and we've never had more confidence in where this business is headed.”

Second Quarter 2026 Highlights

Metric 2Q26 2Q25 Note

Total Revenue $73.0M $56.2M +30% YoY driven by strong Life Solutions growth

GAAP net income $6.6M $17.6M Down 63% YoY on strategic business expenses and personnel costs from acquisitions and growth across asset management, wealth management and technology

Operating Cash Flow (YTD) $130.9M $14.5M +$116.4M increase YoY (presented as YTD figures); demonstrates cash generation capacity of platform

Second Quarter 2026 Non-GAAP Highlights

Metric 2Q26 2Q25 Note

Adjusted net income (Gross)1

$27.1M $21.9M +24% YoY

Adjusted EPS (Gross) 1

$ 0.28 $ 0.23 +22% YoY; based on diluted share count

Adjusted EBITDA1

$39.9M $31.5M +27% YoY

Adjusted EBITDA margin1

54.7 % 56.1 % Maintains high margin level while growing the business

Second Quarter 2026 Efficiency Movers

Metric 2Q26 2Q25 Note

Annualized ROIC1

23 % 22 % +90 bps YoY

Annualized ROE1

25 % 21 % +400 bps YoY

(1) Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure beginning on page 6.

Metric 2Q26 2Q25 Note

Annualized turnover ratio 2.0x 2.3x Within long-term target of 1.5x to 2.0x

Average realized gain 25 % 26 % Exceeds long-term target of 20%, reflecting strong origination discipline

Other Second Quarter 2026 Highlights

•For the first half of 2026, Abacus surpassed its $500 million longevity funds inflow target, raising $544.2 million in new capital, compared to $604 million raised during all of 2025. Capital inflows in the second quarter alone totaled approximately $256.1 million.

•Following the quarter's end, Abacus received SEC effectiveness for and launched the ABX Longevity Growth and Income Fund (ticker: ABXGX), the Company's first registered interval fund dedicated to the longevity asset class, providing individual investors and their advisors direct access to the strategy for the first time.

•During the quarter, Abacus began tokenizing in-force life insurance policies, building an on-chain record of each policy's chain of title, liens and cash-flow rights to bring greater transparency and liquidity to the secondary life insurance market.

•In May 2026, Abacus completed its previously announced $53 million minority equity investment in Manning & Napier, Inc., a diversified wealth and asset management firm with approximately $18 billion in total AUM and 3,400 clients. In connection with the closing, the parties entered into a Strategic Alliance Agreement and have since established a live referral channel between the two firms and begun rolling out Abacus's LifeARC platform across Manning & Napier's advisor network.

Liquidity and Capital

As of June 30, 2026, the Company had cash and cash equivalents of $23.4 million, balance sheet policy assets held at fair value of $383.0 million, and total outstanding debt, net of deferred issuance costs and discounts, of $330.6 million. The Company generated $130.9 million in operating cash flow during the six months ended June 30, 2026, compared to $14.5 million in the prior-year period, reflecting the increasing cash generation capacity of the platform as longevity fund AUM scales.

Outlook

Metric FY26 3Q26 Note

Adjusted net income (Gross)1

$100M to $106M $26M to $28M FY implies 17% to 24% YoY; Midpoint of ~20%

Adjusted EPS (Gross)1

$1.00 to $1.05 $0.26 to $0.28 Quarterly implies Up to 17% YoY; based on diluted share count

Webcast and Conference Call

A webcast and conference call to discuss the Company’s results will be held today, August 6, 2026, beginning at 5:00 p.m. (Eastern Time). A live webcast of the conference call will be available on Abacus’ investor relations website at ir.abacusgm.com. The dial-in number for the conference call is (833) 419-0865 (toll-free) or (785) 838-9333 (International) and participants must enter Conference ID “ABACUS” when joining. Please dial the number 10 minutes prior to the scheduled start time.

A webcast replay of the call will be available at ir.abacusgm.com for one year following the call.

Non-GAAP Financial Information

Adjusted Net Income, a non-GAAP financial measure, is defined as net income (loss) attributable to Abacus adjusted for non-controlling interest income, amortization, change in fair value of warrants, business acquisition costs and non-recurring legal costs, and non-cash stock-based compensation and the related stock-based limitation tax effect before the estimated tax effect. The estimated tax effect to adjusted net income is based on the Company’s U.S. based federal and state statutory tax rates. Management believes that Adjusted Net Income

(1) Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure beginning on page 6.

is an appropriate measure of operating performance because it eliminates the impact of expenses that do not relate to business performance. A reconciliation of Adjusted Net Income to Net income attributable to Abacus, the most directly comparable GAAP measure, appears below.

Adjusted EPS measures per share earnings and is calculated as Adjusted Net Income divided by adjusted weighted-average shares outstanding. Management believes that Adjusted EPS may be useful to investors because it enables them to better evaluate per share operating performance across reporting periods by eliminating the impact of expenses that do not relate to the Company’s business performance.

The Company is unable to provide a comparable FY 2026 outlook for, or a reconciliation to net income because it cannot provide a meaningful or accurate calculation or estimation of certain reconciling items without unreasonable effort. Its inability to do so is due to the inherent difficulty in forecasting the timing of items that have not yet occurred and quantifying certain amounts that are necessary for such reconciliation, including variations in effective tax rate, expenses to be incurred for acquisition activities, and other one-time or exceptional items.

Adjusted EBITDA, a non-GAAP financial measure, is defined as net income (loss) attributable to Abacus adjusted for depreciation expense, amortization, interest expense, income , business acquisition costs and non-recurring legal costs, non-cash expenses, and certain other items that in our judgment significantly impact the period-over-period assessment of performance and operating results that do not directly relate to business performance within the Abacus’ control. These items may include payments made as part of the Company's expense support commitment, change in fair value of debt, change in fair value of warrant liability, S&P 500 options that were entered into as an economic hedge related to the debt (described as the realized and unrealized gain on equity securities, at fair value), non-cash stock based compensation, and other items. A reconciliation of Adjusted EBITDA to Net income attributable to Abacus, the most directly comparable GAAP measure, appears below.

Adjusted EBITDA margin, a non-GAAP financial measure, is defined as Adjusted EBITDA divided by Total revenues. A reconciliation of Adjusted EBITDA margin to Net income margin, the most directly comparable GAAP measure, appears below.

Annualized return on invested capital (“ROIC”), a non-GAAP financial measure, is defined as Adjusted Net Income for the quarter divided by the result of Total Assets less Intangible assets, net, Goodwill and Current Liabilities, multiplied by four. ROIC is not a measure of financial performance under GAAP. We believe ROIC should be considered in addition to, not as a substitute for, operating income or loss, net income or loss, cash flows provided by or used in operating, investing and financing activities or other income statement or cash flow statement line items reported in accordance with GAAP.

Annualized return on equity (“ROE”), a non-GAAP financial measure, is defined as Adjusted Net Income divided by total shareholder equity, multiplied by four. ROE is not a measure of financial performance under GAAP. We believe

ROE should be considered in addition to, not as a substitute for, operating income or loss, net income or loss, cash flows provided by or used in operating, investing and financing activities or other income statement or cash flow statement line items reported in accordance with GAAP. The below table presents our calculation of ROE.

Forward-Looking Statements

All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside the control of Abacus. Forward-looking information includes but is not limited to statements regarding: Abacus’s financial and operational outlook; Abacus’s operational and financial strategies, including planned growth initiatives and the benefits thereof;

(1) Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure beginning on page 6.

Abacus’s ability to successfully effect those strategies, and the expected results therefrom; projections of future earnings and expected capital; Abacus’ ability to generate future cash flows; securitization schedules and timing; future demand for Abacus’ products and services; and the reliability of the Company’s fund structures and corresponding market confidence and expectations. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “expect,” ”intend,” “anticipate,” “goals,” “prospects,” “will,” “would,” “will continue,” “will likely result,” and similar expressions (including the negative versions of such words or expressions).

While Abacus believes that the assumptions concerning future events are reasonable, it cautions that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. The factors that could cause results to differ materially from those indicated by such forward-looking statements include, but are not limited to: the potential impact of our business relationships, including with our employees, customers and competitors; changes in general economic and business and conditions, including changes in the financial markets; political instability both in the U.S. and abroad, to include political violence, terrorism, and war; weakness or adverse changes in the level of activity in our sector or the sectors of our affiliated companies, which may be caused by, among other things, high or increasing interest rates, or a weak U.S. economy; significant competition that our operating subsidiaries face; compliance with extensive government regulation; the failure to meet Abacus’s investment objectives; the inability to raise capital on favorable terms or at all; and the effectiveness of Abacus’s control environment, including the identification of control deficiencies.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties set forth in documents filed by Abacus with the U.S. Securities and Exchange Commission from time to time, including the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and subsequent periodic reports. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Abacus cautions you not to place undue reliance on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Abacus assumes no obligation and, except as required by law, does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Abacus does not give any assurance that it will achieve its expectations.

Risk disclosure: All securities investing and trading activities risk the loss of capital. Investors should carefully review the offering documents and consult with their own legal, tax, and financial advisors regarding the suitability of investments.

About Abacus

Abacus Global Management (NYSE: ABX) is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.

For more information, please visit www.abacusgm.com

Contacts:

Investor Relations

David Jackson – Head of Investor Relations

david@abacusgm.com

(321) 299-0716

Public Relations

press@abacusgm.com

(1) Non-GAAP Financial Measure. See reconciliations to nearest comparable GAAP measure beginning on page 6.

ABACUS GLOBAL MANAGEMENT, INC. CONSOLIDATED BALANCE SHEETS

June 30, 2026 (Unaudited) December 31, 2025

ASSETS

CURRENT ASSETS:

Cash and cash equivalents

$ 23,388,190 $ 38,112,332

Accounts receivable

22,812,071 18,082,473

Accounts receivable, related party

10,127,137 9,320,103

Income taxes receivable

3,778,866 411,055

Prepaid expenses and other current assets

4,533,639 3,646,850

Total current assets

64,639,903 69,572,813

Property and equipment, net

2,345,652 1,597,896

Intangible assets, net

59,750,092 66,360,444

Goodwill

252,779,884 252,779,884

Operating right-of-use assets

12,306,899 4,561,692

Management and performance fee receivable, related party

15,187,416 14,800,140

Life settlement policies, at fair value

383,044,248 468,857,929

Life settlement policies, at cost

— 918,305

Available-for-sale securities, at fair value; net of allowance for credit losses of $— at June 30, 2026 and $1,245,575 at December 31, 2025

3,186,955 3,108,750

Other investments

73,043,493 18,253,585

Other assets

1,445,878 1,428,820

TOTAL ASSETS $ 867,730,420 $ 902,240,258

LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES:

Current portion of long-term debt, at fair value

$ 38,293,580 $ 114,424,000

Current portion of long-term debt

1,500,000 1,500,000

Accrued expenses

8,482,787 10,935,292

Current operating lease liabilities

2,630,892 720,186

Contract liabilities, deposits on pending settlements

647,043 169,184

Accrued transaction costs

2,106,184 2,336,177

Other current liabilities

16,610,025 15,853,016

Related party payable

21,473,912 —

Income taxes payable

— 2,653,366

Total current liabilities

91,744,423 148,591,221

Long-term debt, net

275,834,100 275,780,392

Long-term debt, related party

14,982,507 14,114,199

Retrocession fees payable

5,361,714 5,361,714

Noncurrent operating lease liabilities

11,066,427 4,637,642

Deferred tax liability

29,063,823 30,214,160

TOTAL LIABILITIES 428,052,994 478,699,328

COMMITMENTS AND CONTINGENCIES (Note 12)

MEZZANINE EQUITY

Series A convertible preferred stock, $0.0001 par value; 5,000 shares authorized; 5,000 shares issued and outstanding at June 30, 2026 and December 31, 2025

5,000,000 5,000,000

TOTAL MEZZANINE EQUITY 5,000,000 5,000,000

STOCKHOLDERS' EQUITY

Preferred stock, $0.0001 par value; 1,000,000 shares authorized; 5,000 shares issued and outstanding

— —

Class A common stock, $0.0001 par value; 200,000,000 authorized shares; 107,220,874 and 104,879,752 shares issued at June 30, 2026 and December 31, 2025, respectively

10,722 10,488

Treasury stock - at cost; 10,130,090 and 7,406,118 shares repurchased at June 30, 2026 and December 31, 2025, respectively

(80,167,968) (55,808,595)

Additional paid-in capital

542,761,386 515,971,485

Accumulated deficit

(27,926,714) (41,632,448)

Noncontrolling interest

— —

TOTAL STOCKHOLDERS' EQUITY 434,677,426 418,540,930

TOTAL LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS' EQUITY $ 867,730,420 $ 902,240,258

ABACUS GLOBAL MANAGEMENT, INC. UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

REVENUES:

Asset management $ 776,361 $ 1,606,827 $ 1,818,804 $ 2,355,216

Asset management, related party 6,439,292 7,155,049 13,855,993 14,179,737

Life solutions 53,920,260 31,125,573 87,936,927 66,522,884

Life solutions, related party 11,504,800 16,175,271 28,055,421 17,076,617

Technology services 379,277 161,900 743,133 229,512

TOTAL REVENUES 73,019,990 56,224,620 132,410,278 100,363,966

COST OF REVENUES (excluding depreciation and amortization stated below):

Cost of revenue (including stock-based compensation) 9,064,451 6,054,644 15,371,836 13,163,051

GROSS PROFIT 63,955,539 50,169,976 117,038,442 87,200,915

OPERATING EXPENSES:

Sales and marketing 5,558,460 3,267,715 10,506,370 5,883,715

General and administrative (including stock-based compensation) 32,956,074 18,926,329 58,828,199 31,190,115

Gain on change in fair value of debt — — — (3,362,103)

Gain on equity securities, at fair value — 272,254 — —

Depreciation and amortization expense 3,962,445 5,184,083 7,896,531 9,942,629

TOTAL OPERATING EXPENSES 42,476,979 27,650,381 77,231,100 43,654,356

OPERATING INCOME 21,478,560 22,519,595 39,807,342 43,546,559

OTHER INCOME (EXPENSE):

Loss on change in fair value of warrant liability — 4,183,000 — (623,000)

Interest expense (8,311,904) (8,752,145) (18,765,496) (18,370,475)

Interest income 670,783 1,012,278 1,334,006 2,187,279

Other income (expense), net (2,861,547) 2,718,172 (342,954) 2,673,648

TOTAL OTHER EXPENSE (10,502,668) (838,695) (17,774,444) (14,132,548)

NET INCOME BEFORE PROVISION FOR INCOME TAXES 10,975,892 21,680,900 22,032,898 29,414,011

Income tax expense 4,348,850 4,069,971 8,139,664 6,404,056

NET INCOME 6,627,042 17,610,929 13,893,234 23,009,955

LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST — 27,240 — 786,683

NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ 17,583,689 $ 13,893,234 $ 22,223,272

EARNINGS PER SHARE:

Earnings per share - basic $ 0.07 $ 0.18 $ 0.14 $ 0.23

Earnings per share - diluted $ 0.07 $ 0.18 $ 0.14 $ 0.23

Weighted-average stock outstanding—basic 95,319,635 94,690,195 96,574,532 95,437,545

Weighted-average stock outstanding—diluted 98,457,545 97,372,470 99,755,998 97,801,477

NET INCOME $ 6,627,042 $ 17,610,929 $ 13,893,234 $ 23,009,955

COMPREHENSIVE INCOME BEFORE NON-CONTROLLING INTERESTS 6,627,042 17,610,929 13,893,234 23,009,955

Net and comprehensive income attributable to non-controlling interests — 27,240 — 786,683

COMPREHENSIVE INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ 17,583,689 $ 13,893,234 $ 22,223,272

ABACUS GLOBAL MANAGEMENT, INC. ADJUSTED NET INCOME

Three Months Ended June 30, 2026 Three Months Ended June 30, 2025

Gross

Estimated Tax [2]

Net Gross

Estimated Tax [2]

Net

NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 6,627,042 $ — $ 6,627,042 $ 17,583,689 $ — $ 17,583,689

Net income attributable to noncontrolling interests — — 0 27,240 — 27,240

Amortization expense 3,824,053 (969,206) 2,854,847 4,667,987 (1,183,102) 3,484,885

Stock-based compensation 6,882,980 (1,744,491) 5,138,489 3,486,829 (883,737) 2,603,092

Unrealized loss (gain) on investments 660,511 (167,407) 493,104 — — —

Impairment on investments — — 0 — — —

Business acquisition and special projects costs 7,586,039 (1,922,682) 5,663,357 74,782 (18,953) 55,829

Loss on change in fair value of warrant liability — — 0 (4,183,000) 1,060,181 (3,122,819)

Other 27,779 — 27,779 — — —

Tax impact [1]

1,488,953 — 1,488,953 233,137 — 233,137

ADJUSTED NET INCOME $ 27,097,357 $ (4,803,786) $ 22,293,571 $ 21,890,664 $ (1,025,611) $ 20,865,054

WEIGHTED-AVERAGE STOCK OUTSTANDING—BASIC 95,319,635 95,319,635 95,319,635 94,690,195 94,690,195 94,690,195

WEIGHTED-AVERAGE STOCK OUTSTANDING—DILUTED 98,457,545 98,457,545 98,457,545 97,372,470 97,372,470 97,372,470

ADJUSTED EPS - BASIC $ 0.28 $ (0.05) $ 0.23 $ 0.23 $ (0.01) $ 0.22

ADJUSTED EPS - DILUTED $ 0.28 $ (0.05) $ 0.23 $ 0.22 $ (0.01) $ 0.21

Six Months Ended June 30, 2026 Six Months Ended June 30, 2025

Gross

Estimated Tax [2]

Net Gross

Estimated Tax [2]

Net

NET INCOME ATTRIBUTABLE TO ABACUS GLOBAL MANAGEMENT, INC. $ 13,893,234 $ — $ 13,893,234 $ 22,223,272 $ — $ 22,223,272

Net income attributable to noncontrolling interests — — 0 786,683 — 786,683

Amortization expense 7,648,106 (1,938,412) 5,709,694 9,301,141 (2,357,374) 6,943,767

Stock-based compensation 13,226,381 (3,352,226) 9,874,155 5,842,224 (1,480,712) 4,361,512

Unrealized gain on investments (4,739,489) 1,201,223 (3,538,266) — —

Impairment on investments 3,050,000 (773,023) 2,276,977 — — —

Business acquisition and special projects costs 11,227,172 (2,845,527) 8,381,645 74,782 (18,953) 55,829

Loss on change in fair value of warrant liability — — 0 623,000 (157,899) 465,101

Other 439,546 — 439,546 — — —

Tax impact [1] 2,460,152 — 2,460,152 233,137 — 233,137

ADJUSTED NET INCOME $ 47,205,102 $ (7,707,965) $ 39,497,137 $ 39,084,239 $ (4,014,938) $ 35,069,302

WEIGHTED-AVERAGE STOCK OUTSTANDING—BASIC 96,574,532 96,574,532 96,574,532 95,437,545 95,437,545 95,437,545

WEIGHTED-AVERAGE STOCK OUTSTANDING—DILUTED 99,755,998 99,755,998 99,755,998 97,801,477 97,801,477 97,801,477

ADJUSTED EPS - BASIC $ 0.49 $ (0.08) $ 0.41 $ 0.41 $ (0.04) $ 0.37

ADJUSTED EPS - DILUTED $ 0.47 $ (0.08) $ 0.40 $ 0.40 $ (0.04) $ 0.36

[1] Tax impact represents the permanent difference in tax expense related to the restricted stock awards granted to certain executives due to IRC 162(m) limitations.

[2] The estimated tax is based on the net federal and state statutory rate.

Note: Totals may not add up due to rounding.

ABACUS GLOBAL MANAGEMENT, INC. ADJUSTED EBITDA

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

NET INCOME $ 6,627,042 $ 17,610,929 $ 13,893,234 $ 23,009,955

Depreciation and amortization expense 3,962,445 5,184,083 7,896,531 9,942,629

Income tax expense 4,348,850 4,069,971 8,139,664 6,404,056

Interest expense 8,311,904 8,752,145 18,765,496 18,370,475

Other income (expense), net 2,201,036 (2,718,172) 2,032,443 (2,673,648)

Interest income (670,783) (1,012,278) (1,334,006) (2,187,279)

Loss on change in fair value of warrant liability — (4,183,000) — 623,000

Stock-based compensation 6,882,980 3,486,829 13,226,381 5,842,224

Unrealized gain on investments 660,511 — (4,739,489) —

Impairment on investments — — 3,050,000 —

Business acquisition and special projects costs 7,586,039 74,782 11,227,172 74,782

Other 27,779 — 439,546 —

Unrealized gain on equity securities, at fair value — 272,254 — —

Loss (gain) on change in fair value of debt — — — (3,362,103)

Adjusted EBITDA $ 39,937,803 $ 31,537,543 $ 72,596,972 $ 56,044,091

TOTAL REVENUE $ 73,019,990 $ 56,224,620 $ 132,410,278 $ 100,363,966

Adjusted EBITDA Margin 54.7 % 56.1 % 54.8 % 55.8 %

Net Income Margin 9.1 % 31.3 % 10.5 % 22.9 %

ABACUS GLOBAL MANAGEMENT, INC.

RETURN ON INVESTED CAPITAL

Three Months Ended Three Months Ended Six Months Ended Six Months Ended

June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025

Total Assets $ 867,730,420 $ 848,357,920 $ 867,730,420 $ 848,357,920

Less:

Intangible assets, net (59,750,092) (71,392,006) (59,750,092) (71,392,006)

Goodwill (252,779,884) (238,921,108) (252,779,884) (238,921,108)

Current Liabilities (91,744,423) (140,178,035) (91,744,423) (140,178,035)

Total Invested Capital $463,456,021 $397,866,771 $463,456,021 $397,866,771

Adjusted Net income $ 27,097,357 $ 21,890,664 $ 47,205,102 $ 39,084,239

Adjusted Annualized ROIC 23 % 22 % 20 % 20 %

ABACUS GLOBAL MANAGEMENT, INC.

RETURN ON EQUITY

Three Months Ended Three Months Ended Six Months Ended Six Months Ended

June 30, 2026 June 30, 2025 June 30, 2026 June 30, 2025

Total Shareholder Equity $434,677,426 $416,533,192 $434,677,426 $416,533,192

Adjusted Net income $27,097,357 $21,890,664 $47,205,102 $39,084,239

Adjusted Annualized ROE 25 % 21 % 22 % 18 %

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