Angel Studios, Inc.
Angel Studios, Inc.
Insider Sentiment (TTM):
Last Purchase:2026-05-05Last Sale:-Shares Purchased (TTM):321,555Shares Sold (TTM):0
Institutional Sentiment:
As of:2026-03-31Institutional Shares Owned:34,794,893Shares Outstanding:169,376,204Institutional Ownership Pct.:20.54%
Earnings Market Reaction:
Filing Date:2026-04-30Price on Filing Date:N/APrevious Close:N/A% Change:N/A
Angel Studios, Inc. (ANGX) — SEC Financial Statements & Analysis
Angel Studios, Inc. (ANGX) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Class A | - | - | - | -74 | 4 | 4 | 0 | 0 | 4 | 4 | 0 | 4 | |||||
Common Classa Subject To Redemption | - | - | - | 0 | 0 | 0 | -1 | 0 | 1 | 4 | -19 | 0 | |||||
Common Classa Not Subject To Redemption | - | - | - | 0 | 4 | 4 | 3 | 0 | 1 | 4 | 4 | 0 | |||||
Common Class B | - | - | - | -67 | 2 | 2 | 0 | 0 | 2 | 2 | 0 | -4 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash | - | - | - | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 2 | 0 | |||||
Prepaid Expense Current | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | - | 0 | - | |||||
Cash And Cash Equivalents At Carrying Value | 39 | 44 | 63 | - | - | 7 | - | - | - | - | - | - | |||||
Accounts Receivable Net Current | 31 | 51 | 25 | - | - | 16 | - | - | - | - | - | - | |||||
Receivables Long Term Contracts Or Programs | 10 | 10 | 9 | - | - | 9 | - | - | - | - | - | - | |||||
Inventory Net | 1 | 1 | 2 | - | - | 2 | - | - | - | - | - | - | |||||
Notes And Loans Receivable Net Current | 1 | 1 | 1 | - | - | 1 | - | - | - | - | - | - | |||||
Advance Royalties Current | 19 | 14 | 14 | - | - | 2 | - | - | - | - | - | - | |||||
Prepaid Expense And Other Assets Current | 11 | 14 | 10 | - | - | 7 | - | - | - | - | - | - | |||||
Assets Noncurrent | |||||||||||||||||
Assets Held In Trust Noncurrent | - | - | - | 0 | 0 | 0 | 13 | 13 | 13 | 45 | 44 | 243 | |||||
Assets Noncurrent | - | - | - | 0 | 0 | 0 | 13 | 13 | 13 | 45 | 44 | 243 | |||||
Assets Current | 112 | 135 | 123 | 0 | 1 | 53 | 1 | 1 | 1 | 2 | 2 | 0 | |||||
Notes And Loans Receivable Net Noncurrent | 4 | 4 | 4 | - | - | 4 | - | - | - | - | - | - | |||||
Property Plant And Equipment Net | 1 | 1 | 1 | - | - | 1 | - | - | - | - | - | - | |||||
Intangible Assets Net Excluding Goodwill | 3 | 4 | 5 | - | - | 2 | - | - | - | - | - | - | |||||
Capitalized Computer Software Net | 14 | 13 | - | - | - | 13 | - | - | - | - | - | - | |||||
Crypto Asset Fair Value Unrestricted | 21 | 27 | 35 | - | - | 12 | - | - | - | - | - | - | |||||
Investments In Affiliates Subsidiaries Associates … | 46 | 46 | 15 | - | - | 9 | - | - | - | - | - | - | |||||
Operating Lease Right Of Use Asset | 3 | 3 | 2 | - | - | 3 | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 5 | 0 | 0 | - | - | 1 | - | - | - | - | - | - | |||||
Assets | 213 | 241 | 197 | 1 | 1 | 111 | 14 | 13 | 13 | 47 | 46 | 243 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 26 | 40 | 11 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Due To Related Parties Current | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Other Liabilities Current | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | |||||
Accrued Liabilities Current | 12 | 24 | 11 | - | - | 13 | 1 | 0 | 0 | - | 2 | - | |||||
Liabilities Noncurrent | |||||||||||||||||
Shares Subject To Mandatory Redemption Settlement … | - | - | - | 6 | 5 | 5 | 2 | 0 | 0 | 1 | 1 | 1 | |||||
Liabilities Noncurrent | - | - | - | 6 | 5 | 5 | 2 | 0 | 0 | 1 | 1 | 1 | |||||
Notes Payable Current | 40 | 55 | 9 | 1 | 1 | 11 | - | - | - | - | - | - | |||||
Sales And Excise Tax Payable Current | - | - | - | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | |||||
Operating Lease Liability Current | 1 | 1 | 1 | - | - | 1 | - | - | - | - | - | - | |||||
Contract With Customer Liability Current | 75 | 67 | 51 | - | - | 22 | - | - | - | - | - | - | |||||
Guarantee Obligations Current Carrying Value | - | - | - | - | - | 9 | - | - | - | - | - | - | |||||
Liabilities Current | 188 | 219 | 113 | 5 | 5 | 80 | 4 | 4 | 4 | 5 | 5 | 200 | |||||
Stockholders Equity | |||||||||||||||||
Additional Paid In Capital | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | - | |||||
Long Term Notes Payable | 62 | 42 | 42 | - | - | - | - | - | - | - | - | - | |||||
Operating Lease Liability Noncurrent | 2 | 2 | 2 | - | - | 2 | - | - | - | - | - | - | |||||
Liabilities | 255 | 267 | 160 | 11 | 9 | 95 | 6 | 4 | 4 | 6 | 6 | 201 | |||||
Temporary Equity Carrying Amount Attributable To P… | - | - | - | - | - | - | - | - | - | - | 44 | 45 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 0 | 0 | 0 | - | - | 0 | - | - | - | - | - | - | |||||
Additional Paid In Capital Common Stock | 214 | 210 | 207 | - | - | 95 | - | - | - | - | - | - | |||||
Minority Interest | -0 | 6 | 6 | - | - | 8 | - | - | - | - | - | - | |||||
Retained Earnings Accumulated Deficit | -255 | -242 | -176 | -11 | -9 | -87 | -6 | -4 | -4 | -4 | -4 | -3 | |||||
Stockholders Equity | -41 | -26 | 37 | -10 | -9 | 17 | -5 | -4 | -3 | -3 | -4 | -3 | |||||
Liabilities And Stockholders Equity | 213 | 241 | 197 | 1 | 1 | 111 | 14 | 13 | 13 | 47 | 46 | 243 | |||||
Common Stock Par Or Stated Value Per Share | 0 | 0 | 0 | - | - | 0 | 0 | - | - | - | - | - | |||||
Common Stock Shares Authorized | 700 | 700 | 700 | - | - | 700 | - | - | - | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | - | 0 | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Issued | 170 | 169 | 169 | - | - | 144 | - | - | - | - | - | - | |||||
Shares Outstanding | 170 | 169 | 169 | - | - | 144 | - | - | - | - | - | - | |||||
Preferred Stock Shares Authorized | - | 1 | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
0/5
Search a metric to start building a table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
0/1
Search a metric to start building a visual
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.51% | 24.51% | - | - | - | - | - | - | - |
| 2025 | - | - | - | -4.76% | -8.00% | -24.95% | -32.96% | -29.37% | -37.89% |
Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial | |||||||||
Subscribe to unlock 17+ years of financial data and 50+ calculated metrics
Subscribe to unlock 17+ years of data and 50+ calculated metrics
Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.59 | 0.62 | 1.09 | 0.09 | 0.13 | 0.66 | 0.17 | 0.17 | 0.19 | 0.44 | 0.49 | 0.00 | |||||
| Quick Ratio | 0.53 | 0.55 | 0.99 | 0.07 | 0.08 | 0.64 | 0.14 | 0.13 | 0.15 | 0.44 | 0.49 | 0.00 | |||||
| Working Capital | -76.55M | -84.12M | 9.93M | -4.37M | -4.03M | -27.11M | -3.17M | -3.12M | -2.88M | -2.81M | -2.46M | -199.92M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | -6.14 | -10.36 | 4.30 | -1.04 | 1.31 | 5.67 | 0.26 | -1.17 | -1.22 | -1.64 | -1.63 | -63.76 | |||||
| Interest Coverage TTM | -8.17 | -13.87 | -19.17 | -30.52 | -30.51 | -36.65 | -19.35 | -3.13 | -1.92 | -1.79 | -2.18 | -3.50 | |||||
| Debt Ratio | 1.19 | 1.11 | 0.81 | 12.44 | 8.95 | 0.85 | 0.42 | 0.31 | 0.28 | 0.12 | 0.13 | 0.83 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 3.64 | 1.82 | 1.90 | 20.27 | 20.21 | 1.22 | 0.67 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| Days Sales Outstanding TTM | 28.88 | 38.23 | 44.95 | - | - | 61.39 | - | - | - | - | - | - | |||||
| Receivables Turnover TTM | 12.64 | 9.55 | 8.12 | - | - | 5.95 | - | - | - | - | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.87 | -1.10 | -0.97 | -0.84 | -0.87 | -0.64 | -0.10 | -0.00 | 0.01 | 0.01 | 0.03 | 0.03 | |||||
| Free Cash Flow Per Share TTM | -0.44 | -0.56 | -0.47 | -0.33 | -0.41 | -0.37 | -0.29 | -0.00 | 0.01 | 0.03 | 0.04 | 0.03 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Operating Profit Margin TTM | -34.22% | -51.04% | -71.32% | -83.33% | -83.29% | -89.85% | -83.11% | - | - | - | - | - | |||||
| Net Profit Margin TTM | -37.76% | -53.02% | -75.73% | -88.28% | -87.55% | -91.64% | -70.79% | - | - | - | - | - | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 170.37% | 233.16% | 895.86% | - | - | - | - | - | - | - | - | - | |||||
| Net Income Growth (1Y) | 16.61% | 92.76% | 965.28% | 35,650.39% | -7,075.93% | -3,340.23% | -340.75% | -104.91% | -79.81% | -84.95% | - | - | |||||
| EPS Growth (1Y) | 0.25% | 71.34% | 843.12% | 32,368.70% | -8,359.54% | -4,763.52% | -445.47% | -107.97% | -67.68% | -79.08% | - | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -3.52 | -4.25 | -6.00 | - | - | - | - | - | - | - | - | - | |||||
| P/B | -12.46 | -28.12 | 24.51 | - | - | - | - | - | - | - | - | - | |||||
| P/S TTM | 1.33 | 2.25 | 4.55 | - | - | - | - | - | - | - | - | - | |||||
| Market Cap | 516.60M | 725.02M | 910.99M | - | - | - | - | - | - | - | - | - | |||||
| Enterprise Value | 580.00M | 778.10M | 898.40M | - | - | - | - | - | - | - | - | - | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -74.69M | -86.34M | -73.38M | -50.00M | -59.07M | -51.30M | -39.78M | -625.98K | 1.97M | 5.54M | 7.20M | 6.27M | |||||
| Net Debt | 63.40M | 53.08M | -12.59M | 485.54K | -13.54M | 4.24M | -11.34M | -490.69K | -523.17K | -2.17M | -2.35M | -461.46K | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
2026-05-05Purchase
Owner: Sarowitz, Steven I
Title: -
Shares: 321,544
Price/Share: $3.06
Value: $983,924.64
Shares Owned: 326,840
Relationship: Director
Ownership: Direct
2025-09-11Purchase
Owner: Taylor, Seth
Title: Chief Experience Officer
Shares: 11
Price/Share: $17.54
Value: $192.94
Shares Owned: 4,505
Relationship: Officer
Ownership: Direct
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Institutional Ownership
No data available for chart
2026-03-31
20.54%
Inst. Shares: 34,794,893
Shares Outstanding: 169,376,204
2025-12-31
22.95%
Inst. Shares: 35,637,634
Shares Outstanding: 155,250,925
2025-09-30
4.08%
Inst. Shares: 6,393,772
Shares Outstanding: 156,797,109
2024-03-31
4.06%
Inst. Shares: 7,000,010
Shares Outstanding: 172,419,024
2023-12-31
19.05%
Inst. Shares: 37,832,060
Shares Outstanding: 198,608,800