Angel Studios Reports 107.7% Year-Over-Year Revenue Growth in Q3 2026
Angel Studios (ANGX) delivered strong third-quarter results for fiscal year 2026, reporting total revenue of $159 million, a 107.7% increase compared to the previous year. This growth was primarily fueled by the Guild segment, which saw revenue rise 95.3% to $115.6 million, and a surge in theatrical performance led by the successful release of 'Young Washington'. The company demonstrated significant operational improvements, narrowing its net loss to $5.2 million from $38.5 million in the prior year period. Gross margins expanded to 63%, up from 55% in Q3 2025. Additionally, Angel Studios reported positive operating cash flow of $10.3 million for the quarter and a substantial increase in its paying Guild membership base, which now stands at 2.94 million members.
Topics: adjusted EBITDA gross margin guild membership net loss revenue growth