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Other financials

Income statement

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Revenue$115.1M+143%
Gross profit$71.1M+154%
Operating income-$2.7M+92.1%
Net income-$13.8M+63.0%
EPS (diluted)-$0.08+68.0%

Balance sheet

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Cash & equivalents$38.9M+10,871%
Total debt$64.8M
Total equity-$10.2M-184%
Total assets$213.1M+20,635%

Cash flow

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Operating cash flow$1.9M+119%

Valuation

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Market cap$801.18M-62.4%
Enterprise value$827.14M
P/S2.1×

Profitability

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Gross margin61.6%
Operating margin-28.8%
Net margin-34.1%

Returns & leverage

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Current ratio0.6×+0.5×

Where this comes from

Reported directly by Angel Studios in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: Angel Studios’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001865200-26-000036
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Operating expenses:
Cost of revenues44,002,34619,480,204
Selling and marketing56,596,56350,525,314
General and administrative11,245,4587,367,254
Research and development4,083,9383,244,918
Legal expense1,842,932414,513
Total operating expenses117,771,23781,032,203
Operating loss(2,666,171)(33,591,563)

Item 1. Financial Statements

FAQ

What is Angel Studios's G&A?
Angel Studios (ANGX) reported G&A of $11.25M in Q1 2026.
How has Angel Studios's G&A changed year-over-year?
Angel Studios's G&A increased by 52.6% year-over-year, from $7.37M to $11.25M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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