Angel Studios, Inc. (ANGX)
NYSE · Services-Motion Picture & Video Tape Production · Services · CIK 1865200 · fiscal year ends in Dec
Closing price $3.73 on 29 Oct 2026; 52-week range $2.18 to $6.59.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $413.3M
- Net income, last twelve months
- -$206.4M
- Earnings per share
- -$0.92
- Gross margin
- 57.9%
- Operating margin
- -36.6%
- Net margin
- -49.9%
- Market value
- $695.7M
- Cash
- $48.0M
- Debt
- $74.4M
- Shares outstanding
- 186.5M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $321.6M | -$164.1M | -$170.5M | -$1.10 | – | 10-K filed 12 Mar 2026 |
| FY2024 | 31 Dec 2024 | $96.5M | -$86.7M | -$88.3M | -$0.64 | – | 10-K filed 12 Mar 2026 |
| FY2023 | 31 Dec 2023 | $202.4M | $12.4M | $13.4M | $0.10 | – | 10-K filed 12 Mar 2026 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $111.7M | -$23.8M | -$0.13 |
| Q1 FY2026 | 31 Mar 2026 | $115.1M | -$13.8M | -$0.08 |
| Q4 FY2025 | 31 Dec 2025 | $109.9M | -$130.3M | -$0.47 |
| Q3 FY2025 | 30 Sep 2025 | $76.5M | -$38.6M | -$0.25 |
| Q2 FY2025 | 30 Jun 2025 | $87.6M | -$1.6M | -$0.11 |
| Q1 FY2025 | 31 Mar 2025 | $47.4M | -$101.7K | -$0.26 |
| Q3 FY2024 | 30 Sep 2024 | $20.1M | -$13.9M | -$0.10 |
Company events
The newest 8-K filings of 56 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 2 Oct 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 4 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 30 Jun 2026 | 8-K | Material agreement | 1.01 |
| 18 Jun 2026 | 8-K | Shareholder vote, Bylaws or fiscal year change | 5.03, 5.07, 9.01 |
| 4 Jun 2026 | 8-K | Investor update | 7.01 |
| 22 May 2026 | 8-K | Shareholder vote | 5.07 |
| 30 Apr 2026 | 8-K | Results | 2.02, 9.01 |
| 13 Apr 2026 | 8-K | Material agreement, Other events | 1.01, 8.01, 9.01 |
| 10 Apr 2026 | 8-K | Other events | 8.01 |
| 12 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 23 Feb 2026 | 8-K | Material agreement | 1.01 |
| 30 Dec 2025 | 8-K | Investor update | 7.01 |
Every filing
The newest filings with the SEC of 156 held.
| Filed | Form | Period |
|---|---|---|
| 2 Oct 2026 | 8-K | 17 Sep 2026 |
| 17 Aug 2026 | EFFECT | – |
| 14 Aug 2026 | S-4/A | – |
| 4 Aug 2026 | 10-Q | 30 Jun 2026 |
| 4 Aug 2026 | 8-K | 4 Aug 2026 |
| 30 Jun 2026 | S-4 | – |
| 30 Jun 2026 | 8-K | 29 Jun 2026 |
| 18 Jun 2026 | 8-K | 17 Jun 2026 |
| 4 Jun 2026 | 8-K | 29 May 2026 |
| 22 May 2026 | 8-K | 21 May 2026 |
| 30 Apr 2026 | 10-Q | 31 Mar 2026 |
| 30 Apr 2026 | 8-K | 30 Apr 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 11 Sep 2026 | Sarowitz Steven I, Director | Purchase | 88,647 | $5.33 | $472.6K | 1,329,488 | 14 Sep 2026 |
| 10 Sep 2026 | Sarowitz Steven I, Director | Purchase | 355,998 | $5.28 | $1.9M | 1,240,841 | 11 Sep 2026 |
| 9 Sep 2026 | Sarowitz Steven I, Director | Purchase | 132,639 | $4.95 | $657.1K | 884,843 | 11 Sep 2026 |
| 1 Sep 2026 | Sarowitz Steven I, Director | Purchase | 10,979 | $4.27 | $46.9K | 752,204 | 3 Sep 2026 |
| 14 Aug 2026 | Harmon Neal, Chief Executive Officer | Purchase | 29,193 | $4.28 | $125.0K | 84,724 | 17 Aug 2026 |
| 14 Aug 2026 | Harmon Jeffrey, Chief Content Officer | Purchase | 51,380 | $4.26 | $219.1K | 256,404 | 17 Aug 2026 |
| 14 Aug 2026 | Sarowitz Steven I, Director | Purchase | 57,922 | $4.26 | $246.8K | 741,225 | 17 Aug 2026 |
| 13 Aug 2026 | Harmon Jeffrey, Chief Content Officer | Purchase | 178,700 | $4.08 | $729.6K | 205,024 | 17 Aug 2026 |
| 13 Aug 2026 | Sarowitz Steven I, Director | Purchase | 107,662 | $4.12 | $443.3K | 683,303 | 14 Aug 2026 |
| 13 Aug 2026 | Harmon Neal, Chief Executive Officer | Purchase | 29,036 | $4.31 | $125.0K | 55,531 | 14 Aug 2026 |
| 12 Aug 2026 | Sarowitz Steven I, Director | Purchase | 246,153 | $3.71 | $912.3K | 575,641 | 14 Aug 2026 |
| 5 May 2026 | Sarowitz Steven I, Director | Purchase | 321,544 | $3.06 | $982.6K | 326,840 | 7 May 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 12 Aug 2026 | Neal Harmon | 13D amended | 11.8% | 17.3M |
| 12 Aug 2026 | Jeffrey Harmon | 13D amended | 11.9% | 17.5M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 8.1M | +22.54% | 4.94 |
| 30 Sep 2026 | 6.6M | +14.79% | 2.93 |
| 15 Sep 2026 | 5.8M | +17.11% | 3.19 |
| 31 Aug 2026 | 4.9M | -1.21% | 3.39 |
| 14 Aug 2026 | 5.0M | +1.5% | 2.99 |
| 31 Jul 2026 | 4.9M | +4.37% | 4.06 |
| 15 Jul 2026 | 4.7M | +0.28% | 3.4 |
| 30 Jun 2026 | 4.7M | +10.81% | 3.83 |
Funds that hold it
From each fund's latest Form 13F.
156 funds held it at 30 Jun 2026: 64 added and 15 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Gigafund Management Company, LLC | 19,459,882 | $71.4M | 0 |
| Hudson Bay Capital Management LP | 3,915,068 | $14.4M | -202,749 |
| PEAK6 LLC | 2,593,933 | $9.5M | +2,593,933 |
| BlackRock, Inc. | 1,387,172 | $5.1M | +68,697 |
| Renaissance Technologies LLC | 1,373,228 | $5.0M | +1,283,609 |
| Geode Capital Management, LLC | 1,145,922 | $4.2M | +230,120 |
| Vanguard Capital Management LLC | 1,107,342 | $4.1M | +170,786 |
| Sepio Capital, LP | 959,485 | $3.5M | -104,350 |
| Diversify Advisory Services, LLC | 700,712 | $3.1M | – |
| Diversify Wealth Management, LLC | 700,712 | $3.1M | -2,362 |
Peers
Companies in the same industry.
- Lionsgate Studios Corp. (LION): revenue –, market value $3.8B