Angel Studios, Inc. (ANGX)
NYSE: ANGX · Real-Time Price · USD
5.00
-0.14 (-2.72%)
At close: Dec 5, 2025, 4:00 PM EST
4.999
0.00 (-0.02%)
After-hours: Dec 5, 2025, 7:58 PM EST
Angel Studios Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 242.66 | 96.52 | 202.44 | 75.52 | 122.79 |
| Revenue Growth (YoY) | 110.21% | -52.32% | 168.07% | -38.50% | - |
| Cost of Revenue | 91.83 | 42.07 | 86.03 | 40.39 | 77.13 |
| Gross Profit | 150.83 | 54.45 | 116.4 | 35.12 | 45.66 |
| Selling, General & Admin | 254.95 | 128.33 | 94.34 | 32.11 | 28.3 |
| Research & Development | 14.49 | 14.36 | 13.91 | 12.35 | 4.94 |
| Other Operating Expenses | -1.68 | -1.68 | 0 | 5.07 | 2.74 |
| Operating Expenses | 267.76 | 141.01 | 108.25 | 49.52 | 35.97 |
| Operating Income | -116.93 | -86.56 | 8.15 | -14.4 | 9.69 |
| Interest Expense | -8.68 | -2.37 | -3.66 | -0.69 | -0.51 |
| Interest & Investment Income | 4.95 | 3.49 | 1.82 | 0.61 | 0.49 |
| EBT Excluding Unusual Items | -116.03 | -85.43 | 6.31 | -14.48 | 9.66 |
| Gain (Loss) on Sale of Investments | -1.63 | -1 | - | - | - |
| Gain (Loss) on Sale of Assets | - | - | - | - | 8.28 |
| Pretax Income | -122.55 | -86.43 | 6.31 | -14.48 | 17.94 |
| Income Tax Expense | 8.02 | 3.53 | -2.7 | -0.77 | 0.82 |
| Earnings From Continuing Operations | -130.57 | -89.97 | 9.01 | -13.71 | 17.12 |
| Minority Interest in Earnings | 0.11 | 0.17 | 0.15 | - | - |
| Net Income | -130.47 | -89.8 | 9.16 | -13.71 | 17.12 |
| Net Income to Common | -130.47 | -89.8 | 9.16 | -13.71 | 17.12 |
| Shares Outstanding (Basic) | 37 | 26 | 25 | 24 | 23 |
| Shares Outstanding (Diluted) | 37 | 26 | 26 | 24 | 24 |
| Shares Change (YoY) | -65.97% | -0.53% | 6.86% | -0.54% | - |
| EPS (Basic) | -3.54 | -3.48 | 0.37 | -0.57 | 0.76 |
| EPS (Diluted) | -3.55 | -3.48 | 0.35 | -0.57 | 0.70 |
| Free Cash Flow | -79.71 | -60.54 | 5.34 | -12.8 | 14.48 |
| Free Cash Flow Per Share | -2.17 | -2.35 | 0.21 | -0.53 | 0.59 |
| Gross Margin | 62.16% | 56.42% | 57.50% | 46.51% | 37.19% |
| Operating Margin | -48.19% | -89.68% | 4.03% | -19.06% | 7.89% |
| Profit Margin | -53.77% | -93.04% | 4.53% | -18.16% | 13.94% |
| Free Cash Flow Margin | -32.85% | -62.72% | 2.64% | -16.95% | 11.79% |
| EBITDA | -115.24 | -85.63 | 9 | -13.8 | 9.94 |
| EBITDA Margin | -47.49% | -88.72% | 4.45% | -18.28% | 8.09% |
| D&A For EBITDA | 1.69 | 0.93 | 0.84 | 0.59 | 0.25 |
| EBIT | -116.93 | -86.56 | 8.15 | -14.4 | 9.69 |
| EBIT Margin | -48.19% | -89.68% | 4.03% | -19.06% | 7.89% |
| Effective Tax Rate | - | - | - | - | 4.57% |
| Revenue as Reported | 242.66 | 96.52 | 202.44 | 75.52 | - |
| Advertising Expenses | - | - | - | - | 12.79 |
Source: S&P Capital IQ. Standard template.
Financial Sources.