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Angel Studios ANGX Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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 itemAs of / March 31, 2026As of / December 31, 2025
Commitments and contingencies (Note 5)
Stockholders’ equity:
Common stock, $0.0001 par value, 700,000,000 shares authorized; 169,850,328 and 169,095,572 shares issued and outstanding as of March 31, 2026, and December 31, 2025, respectively$16,985$16,909
Additional paid-in capital214,027,327210,079,998
Noncontrolling interests(168,495)5,653,837
Accumulated deficit(255,335,588)(241,531,068)
Total stockholders’ equity(41,459,771)(25,780,324)
Total liabilities and stockholders’ equity$213,085,387$241,411,563

Item 1. Financial Statements

FAQ

What is Angel Studios's retained earnings?
Angel Studios (ANGX) reported retained earnings of -$255.34M in Q1 2026.
How has Angel Studios's retained earnings changed year-over-year?
Angel Studios's retained earnings decreased by 2640.3% year-over-year, from -$9.32M to -$255.34M.
What is the long-term trend for Angel Studios's retained earnings?
Over 4 years (2021 to 2025), Angel Studios's retained earnings has grown at a 77.6% compound annual growth rate (CAGR), from -$24.26M to -$241.53M.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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