Angel Studios, Inc.
ANGXNYSECIK 1865200CommunicationFiscal year ends Dec 31
Latest reported revenue, Q2 FY2026$111.7mRevenue, Q2 FY2026, three months to 2026-06-30$111.7m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figureThree months to Jun 30, 2026, from the 10-Q filed Aug 4, 2026.Latest quarter: Q2 FY2026
Three months to Jun 30, 2026, against the same quarter a year earlier.
- Revenue$111.7mRevenue, Q2 FY2026, three months to 2026-06-30$111.7m. XBRL concept
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure+27.5% on a year earlier - Gross marginnot reported (Gross profit not reported)No year-earlier figure to compare
- Operating margin−16.6%Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: −$18.5m. XBRL concept
us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $111.7m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure+7.8 pts on a year earlier - Net margin−21.3%Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: −$23.8m. XBRL concept
us-gaap:NetIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $111.7m. XBRL conceptus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure−3.3 pts on a year earlier - Diluted EPS−$0.13Diluted EPS, Q2 FY2026, three months to 2026-06-30−$0.13 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure−21.7% on a year earlier - Free cash flownot reported (Capital expenditure not reported)No year-earlier figure to compare
Last eight quarters
Full statements| Line item | Unit | Q3 FY20242024-09-30 | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 20.1Revenue, Q3 FY2024, three months to 2024-09-30$20.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | 31.0Revenue, Q4 FY2024, three months to 2024-12-31$31.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | 47.4Revenue, Q1 FY2025, three months to 2025-03-31$47.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | 87.6Revenue, Q2 FY2025, three months to 2025-06-30$87.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | 76.5Revenue, Q3 FY2025, three months to 2025-09-30$76.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | 110Revenue, Q4 FY2025, three months to 2025-12-31$109.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | 115Revenue, Q1 FY2026, three months to 2026-03-31$115.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | 112Revenue, Q2 FY2026, three months to 2026-06-30$111.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | |
| Gross margin | % | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | (75.3%)Operating margin, Q3 FY2024, three months to 2024-09-30. operating income / revenueOperating income: −$15.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Revenue: $20.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | (92.7%)Operating margin, Q4 FY2024, three months to 2024-12-31. operating income / revenueOperating income: −$28.8m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Revenue: $31.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | (70.8%)Operating margin, Q1 FY2025, three months to 2025-03-31. operating income / revenueOperating income: −$33.6m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Revenue: $47.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (24.3%)Operating margin, Q2 FY2025, three months to 2025-06-30. operating income / revenueOperating income: −$21.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $87.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | (49.8%)Operating margin, Q3 FY2025, three months to 2025-09-30. operating income / revenueOperating income: −$38.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Revenue: $76.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | (64.5%)Operating margin, Q4 FY2025, three months to 2025-12-31. operating income / revenueOperating income: −$70.9m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Revenue: $109.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | (2.3%)Operating margin, Q1 FY2026, three months to 2026-03-31. operating income / revenueOperating income: −$2.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Revenue: $115.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (16.6%)Operating margin, Q2 FY2026, three months to 2026-06-30. operating income / revenueOperating income: −$18.5m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $111.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | |
| Net margin | % | (68.9%)Net margin, Q3 FY2024, three months to 2024-09-30. net income / revenueNet income: −$13.9m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Revenue: $20.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | (119.5%)Net margin, Q4 FY2024, three months to 2024-12-31. net income / revenueNet income: −$37.1m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Revenue: $31.0m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | (78.6%)Net margin, Q1 FY2025, three months to 2025-03-31. net income / revenueNet income: −$37.3m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Revenue: $47.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (18.0%)Net margin, Q2 FY2025, three months to 2025-06-30. net income / revenueNet income: −$15.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $87.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | (50.4%)Net margin, Q3 FY2025, three months to 2025-09-30. net income / revenueNet income: −$38.6m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Revenue: $76.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | (71.5%)Net margin, Q4 FY2025, three months to 2025-12-31. net income / revenueNet income: −$78.6m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Revenue: $109.9m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020. Derived: 12-month figure less the 9-month figure.Report this figure | (12.0%)Net margin, Q1 FY2026, three months to 2026-03-31. net income / revenueNet income: −$13.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Revenue: $115.1m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (21.3%)Net margin, Q2 FY2026, three months to 2026-06-30. net income / revenueNet income: −$23.8m. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Revenue: $111.7m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | |
| Diluted EPS | $ per share | (0.10)Diluted EPS, Q3 FY2024, three months to 2024-09-30−$0.10 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | not reported (Diluted EPS not reported) | (0.26)Diluted EPS, Q1 FY2025, three months to 2025-03-31−$0.26 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (0.11)Diluted EPS, Q2 FY2025, three months to 2025-06-30−$0.11 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | (0.25)Diluted EPS, Q3 FY2025, three months to 2025-09-30−$0.25 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-13, accession 0001104659-25-111382.Report this figure | not reported (Diluted EPS not reported) | (0.08)Diluted EPS, Q1 FY2026, three months to 2026-03-31−$0.08 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-04-30, accession 0001865200-26-000036.Report this figure | (0.13)Diluted EPS, Q2 FY2026, three months to 2026-06-30−$0.13 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-04, accession 0001865200-26-000070.Report this figure | |
| Free cash flow | $m | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20222022-12-31 | FY20232023-12-31 | FY20242024-12-31 | FY20252025-12-31 | Shape over the periods |
|---|---|---|---|---|---|---|
| Revenue | $m | not reported (Revenue not reported) | 202Revenue, FY2023, twelve months to 2023-12-31$202.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | 96.5Revenue, FY2024, twelve months to 2024-12-31$96.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | 322Revenue, FY2025, twelve months to 2025-12-31$321.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | |
| Gross margin | % | not reported (Gross profit and Revenue not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | not reported (Gross profit not reported) | |
| Operating margin | % | not reported (Revenue not reported) | 6.1%Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: $12.4m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $202.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (89.8%)Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: −$86.7m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $96.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (51.0%)Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: −$164.1m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $321.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | |
| Net margin | % | not reported (Revenue not reported) | 6.6%Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: $13.4m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $202.4m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (91.5%)Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: −$88.3m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $96.5m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (53.0%)Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: −$170.5m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-12, accession 0001865200-26-000020.Revenue: $321.6m. XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | |
| Diluted EPS | $ per share | not reported (Diluted EPS not reported) | 0.10Diluted EPS, FY2023, twelve months to 2023-12-31$0.10 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (0.64)Diluted EPS, FY2024, twelve months to 2024-12-31−$0.64 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | (1.10)Diluted EPS, FY2025, twelve months to 2025-12-31−$1.10 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-03-12, accession 0001865200-26-000020.Report this figure | |
| Free cash flow | $m | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) | not reported (Capital expenditure not reported) |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| Gigafund Management Company, LLC | 2026-06-30 | $71.4m | 19,459,882 | Unchanged | |
| Hudson Bay Capital Management LP | 2026-06-30 | $14.4m | 3,915,068 | Reduced−202,749 | |
| PEAK6 LLC | 2026-06-30 | $9.5m | 2,593,933 | New+2,593,933 | |
| BlackRock, Inc. | 2026-06-30 | $5.1m | 1,387,172 | Added+68,697 | |
| RENAISSANCE TECHNOLOGIES LLC | 2026-06-30 | $5.0m | 1,373,228 | Added+1,283,609 | |
| GEODE CAPITAL MANAGEMENT, LLC | 2026-06-30 | $4.2m | 1,145,922 | Added+230,120 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $4.1m | 1,107,342 | Added+170,786 | |
| Sepio Capital, LP | 2026-06-30 | $3.5m | 959,485 | Reduced−104,350 | |
| Diversify Advisory Services, LLC | 2026-06-30 | $3.1m | 700,712 | New+700,712 | |
| DIVERSIFY WEALTH MANAGEMENT, LLC | 2026-06-30 | $3.1m | 700,712 | Reduced−2,362 |
Recent filings
All 250 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-0221:37 ET | 8-K | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-112974 |
| 2026-08-1221:59 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001104659-26-095222 |
| 2026-08-1221:59 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001104659-26-095221 |
| 2026-08-0416:30 ET | 10-Q | Quarterly reportPeriod 2026-06-30 | 0001865200-26-000070 |
| 2026-08-0416:20 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001865200-26-000068 |
| 2026-06-3021:19 ET | 8-K | 1.01 Entry into a material agreement | 0001104659-26-079001 |
| 2026-06-1819:45 ET | 8-K | 5.03 Amendment to articles or bylaws; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001865200-26-000048 |
| 2026-06-0419:00 ET | 8-K | 7.01 Regulation FD disclosure | 0001865200-26-000045 |
| 2026-05-2216:04 ET | 8-K | 5.07 Shareholder vote results | 0001865200-26-000040 |
| 2026-04-3016:31 ET | 10-Q | Quarterly reportPeriod 2026-03-31 | 0001865200-26-000036 |
Latest annual report
Form 10-K for the fiscal year ended Dec 31, 2025Filed Mar 12, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by [object Promise].Forecast this quarter
About the filer
- CIK
- 1865200
- Tickers
- ANGX
- Exchange
- NYSE
- SIC code
- 7812 Services-Motion Picture & Video Tape Production
- Sector
- Communication
- Fiscal year ends
- Dec 31
- Incorporated in
- DE
- Filer category
- <br>Emerging growth company
- Former names
- Southport Acquisition Corp (to 2025-09-10)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:13 ET. Listed shows no prices and gives no investment advice.