Angel Studios, Inc. Financial Summary

Quick Answer

Angel Studios, Inc. reported Total Revenue of $321.56 million for fiscal year 2025.

Angel Studios, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021
Total Revenue $321.56M
+233.2%
$96.52M
-52.3%
$202.44M
Revenue (ASC 606) $321.56M
+233.2%
$96.52M
-52.3%
$202.44M
Net Income -$170.48M
-93.1%
-$88.27M
-760.5%
$13.36M
-26.3%
$18.13M
+814697.8%
-$2.2K
Diluted EPS -$1.10
-71.6%
-$0.64
-766.7%
$0.10
Total Assets $241.41M
+116.7%
$111.38M
+137.6%
$46.88M
-80.3%
$238.26M
+0.7%
$236.63M
Cash and Equivalents $44.08M
+511.3%
$7.21M
Stockholders Equity -$25.78M
-203.2%
-$8.50M
-150.9%
-$3.39M
-132.7%
-$1.46M $0.00
R&D Expense $15.53M
+20.9%
$12.84M
+32.3%
$9.70M
Operating Income -$164.11M
-89.2%
-$86.72M
-801.7%
$12.36M
+883.4%
-$1.58M
Shares Outstanding 169.10M
+17.1%
144.40M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $76.54M +280.4% +280.4%
Revenue (ASC 606) September 30, 2025 $76.54M +280.4% +280.4%
Net Income September 30, 2025 -$38.55M -178.3% -2378.2%
Diluted EPS September 30, 2025 -$0.25 -146.0% -146.0%
Total Assets September 30, 2025 $197.00M +1354.5% +23068.0%
Cash and Equivalents September 30, 2025 $63.33M +778.1%
Stockholders Equity September 30, 2025 $37.17M +840.1% +465.5%
R&D Expense September 30, 2025 $4.22M +33.1% +33.1%
Operating Income September 30, 2025 -$38.09M -151.5% -11029.9%
Shares Outstanding September 30, 2025 168.63M +16.8%
  • Angel Studios, Inc. reported Total Revenue of $321.56 million for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +233.2% in Total Revenue compared to the prior fiscal year.
  • Angel Studios, Inc. reported Revenue (ASC 606) of $321.56 million for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +233.2% in Revenue (ASC 606) compared to the prior fiscal year.
  • Angel Studios, Inc. reported Net Income of -$170.48 million for fiscal year 2025.
  • Angel Studios, Inc. showed a decrease of -93.1% in Net Income compared to the prior fiscal year.
  • Angel Studios, Inc. reported Diluted EPS of $1.10 per share (loss) for fiscal year 2025.
  • Angel Studios, Inc. showed a decrease of -71.6% in Diluted EPS compared to the prior fiscal year.
  • Angel Studios, Inc. reported Total Assets of $241.41 million for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +116.7% in Total Assets compared to the prior fiscal year.
  • Angel Studios, Inc. reported Cash and Equivalents of $44.08 million for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +511.3% in Cash and Equivalents compared to the prior fiscal year.
  • Angel Studios, Inc. reported Stockholders Equity of -$25.78 million for fiscal year 2025.
  • Angel Studios, Inc. showed a decrease of -203.2% in Stockholders Equity compared to the prior fiscal year.
  • Angel Studios, Inc. reported R&D Expense of $15.53 million for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +20.9% in R&D Expense compared to the prior fiscal year.
  • Angel Studios, Inc. reported Operating Income of -$164.11 million for fiscal year 2025.
  • Angel Studios, Inc. showed a decrease of -89.2% in Operating Income compared to the prior fiscal year.
  • Angel Studios, Inc. reported Shares Outstanding of 169.10 million shares for fiscal year 2025.
  • Angel Studios, Inc. showed an increase of +17.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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