Angel Studios, Inc. (ANGX)
NYSE: ANGX · Real-Time Price · USD
2.420
-0.190 (-7.28%)
At close: Apr 28, 2026, 4:00 PM EDT
2.450
+0.030 (1.24%)
After-hours: Apr 28, 2026, 6:21 PM EDT
Angel Studios Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 321.56 | 96.52 | 202.44 | 75.52 | 122.79 |
| Revenue Growth (YoY) | 233.16% | -52.32% | 168.07% | -38.50% | - |
| Cost of Revenue | 124.86 | 44.36 | 86.03 | 40.39 | 77.13 |
| Gross Profit | 196.7 | 52.16 | 116.4 | 35.12 | 45.66 |
| Selling, General & Admin | 345.28 | 126.03 | 94.34 | 32.11 | 28.3 |
| Research & Development | 15.53 | 12.84 | 9.7 | 12.35 | 4.94 |
| Other Operating Expenses | - | - | - | 5.07 | 2.74 |
| Operating Expenses | 360.81 | 138.88 | 104.05 | 49.52 | 35.97 |
| Operating Income | -164.11 | -86.72 | 12.36 | -14.4 | 9.69 |
| Interest Expense | -11.83 | -2.37 | -3.66 | -0.69 | -0.51 |
| Interest & Investment Income | 5.45 | 3.49 | 1.82 | 0.61 | 0.49 |
| Other Non Operating Income (Expenses) | 0.01 | 0.68 | -0 | - | - |
| EBT Excluding Unusual Items | -170.49 | -84.91 | 10.52 | -14.48 | 9.66 |
| Gain (Loss) on Sale of Assets | - | - | - | - | 8.28 |
| Pretax Income | -170.49 | -84.91 | 10.52 | -14.48 | 17.94 |
| Income Tax Expense | - | 3.53 | -2.7 | -0.77 | 0.82 |
| Earnings From Continuing Operations | -170.49 | -88.45 | 13.21 | -13.71 | 17.12 |
| Minority Interest in Earnings | 0.01 | 0.17 | 0.15 | - | - |
| Net Income | -170.48 | -88.27 | 13.36 | -13.71 | 17.12 |
| Net Income to Common | -170.48 | -88.27 | 13.36 | -13.71 | 17.12 |
| Shares Outstanding (Basic) | 155 | 138 | 133 | 24 | 23 |
| Shares Outstanding (Diluted) | 155 | 138 | 140 | 24 | 24 |
| Shares Change (YoY) | 12.50% | -1.34% | 476.45% | -0.54% | - |
| EPS (Basic) | -1.10 | -0.64 | 0.10 | -0.57 | 0.76 |
| EPS (Diluted) | -1.10 | -0.64 | 0.10 | -0.57 | 0.70 |
| Free Cash Flow | -83.84 | -51.6 | 14.62 | -12.8 | 14.48 |
| Free Cash Flow Per Share | -0.54 | -0.37 | 0.10 | -0.53 | 0.59 |
| Gross Margin | 61.17% | 54.04% | 57.50% | 46.51% | 37.19% |
| Operating Margin | -51.03% | -89.85% | 6.11% | -19.06% | 7.89% |
| Profit Margin | -53.02% | -91.46% | 6.60% | -18.16% | 13.94% |
| Free Cash Flow Margin | -26.07% | -53.46% | 7.22% | -16.95% | 11.79% |
| EBITDA | -149.69 | -78.89 | 17.96 | -13.8 | 9.94 |
| EBITDA Margin | -46.55% | -81.74% | 8.87% | -18.28% | 8.09% |
| D&A For EBITDA | 14.42 | 7.83 | 5.61 | 0.59 | 0.25 |
| EBIT | -164.11 | -86.72 | 12.36 | -14.4 | 9.69 |
| EBIT Margin | -51.03% | -89.85% | 6.11% | -19.06% | 7.89% |
| Effective Tax Rate | - | - | - | - | 4.57% |
| Revenue as Reported | 321.56 | 96.52 | 202.44 | 75.52 | - |
| Advertising Expenses | - | - | - | - | 12.79 |
Source: S&P Capital IQ. Standard template.
Financial Sources.