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Angel Studios ANGX Operating Income

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Other financials

Income statement

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Revenue$115.1M+143%
Gross profit$71.1M+154%
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:OperatingIncomeLoss.

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
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)
Other income (expense):
Net loss on digital assets(5,845,056)(3,299,105)
Interest expense(6,032,609)(1,564,155)
Interest income708,2891,124,691

Item 1. Financial Statements

FAQ

What is Angel Studios's operating income?
Angel Studios (ANGX) reported operating income of -$2.67M in Q1 2026.
How has Angel Studios's operating income changed year-over-year?
Angel Studios's operating income increased by 92.1% year-over-year, from -$33.59M to -$2.67M.
What is the long-term trend for Angel Studios's operating income?
Over 3 years (2022 to 2025), Angel Studios's operating income has grown at a 349.1% compound annual growth rate (CAGR), from -$1.58M to -$142.9M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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