Abacus Global Management reported Q2 2026 adjusted EBITDA of $39.9 million on $73 million revenue, reflecting strong operating profitability despite a 5.2% revenue decline year-over-year for the six months ended June 30. The company’s diversified business model—spanning alternative asset management funds focused on longevity risk, life insurance policy settlements in a niche secondary market, and technology services delivering recurring contracts—positions it uniquely among peers. Proprietary data analytics offer a competitive moat in sourcing and managing longevity-based assets, although near-term debt maturities and refinancing remain watchpoints. Growth is driven by rising institutional interest in uncorrelated alternative investments and expansion of secondary life settlement markets supported by evolving mortality forecasts. Financial flexibility hinges on sustained operating cash flow generation to manage working capital needs and servicing obligations.