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Angel Studios ANGX Total costs & expenses

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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:CostsAndExpenses.

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

Item 1. Financial Statements

FAQ

What is Angel Studios's total costs & expenses?
Angel Studios (ANGX) reported total costs & expenses of $117.77M in Q1 2026.
How has Angel Studios's total costs & expenses changed year-over-year?
Angel Studios's total costs & expenses increased by 45.3% year-over-year, from $81.03M to $117.77M.
What is the long-term trend for Angel Studios's total costs & expenses?
Over 2 years (2023 to 2025), Angel Studios's total costs & expenses has grown at a 40.8% compound annual growth rate (CAGR), from $190.08M to $376.82M.
What does total costs & expenses mean?
This metric aggregates all operating and non-operating costs incurred by the company to generate revenue and maintain business operations during a specific period. It includes cost of revenue, selling, general and administrative expenses, research and development, and other overheads. Analyzing this figure provides insight into the company's overall cost structure and operational efficiency relative to its revenue generation.

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