Skip to content
MARKETS / NYSE / ANGX
NYSE · SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION · SMALL CAP

Angel Studios, Inc. ANGX

4 fiscal years on record · USD · FY2025 reported · SEC filings only
$321.6M
▲ 233.2% YoY
$-170.5M
In brief

What this company does

Angel Studios, Inc. operates by offering and producing its own films and series, distributing original films and series, releasing licensed films and shows, and consulting with filmmakers. As of December 31, 2025, approximately 2.0 million paying members, through the Angel Guild, help decide which film and TV projects the company markets and distributes. As of December 31, 2025, the company had exclusively licensed 137 titles for worldwide distribution, of which 101 are films. It has also produced and filmed 776 original comedy specials as part of its Dry Bar Comedy series. The company films, produces and distributes all of its Dry Bar Comedy series specials from its own studio and offices in Provo, Utah. As of December 31, 2025, the company employed 290 full-time and 21 part-time persons. The company was founded in 2013 by Neal Harmon, along with his brothers Daniel, Jeffrey and Jordan, and their cousin, Benton Crane.

Written from the business description in Angel Studios, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth
USD 321.6M
Revenue, FY2025 · full 4-year series below
Revenue $M Net income $M
FY2025 · Revenue 321.6 · Net income -170.5
200M-80M-160M2022202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−53 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -51.0% · Net -53.0%
-50%2022202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -103.7
-40M-80M202320242025

Total assetsUSD 241.4M
CashUSD 44.1M
Gross debtUSD 45.5M
Net debtUSD 1.4M
Current ratio0.62×

Not available: we don't have the shareholders' equity figure for this period.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022
Revenue $B0.30.10.2·
Operating income $B−0.2−0.10.0−0.0
EBITDA $B−0.1−0.10.0·
Income tax $B·0.0−0.00.0
Net income $B−0.2−0.10.00.0
EPS, diluted $−1.10−0.640.10·
Dividend / sh $····
Payout %····
ROE %····
Shares out B0.170.14··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 18 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 74 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Motion Picture & Video Tape Production
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

Share this section

Download image