GuidanceApr 10, 2026, 07:31 AM
Angel Studios Projects Q1 2026 Revenue Between $105M-$109M, Anticipates Adjusted EBITDA Loss of $(4)M-$(6)M
AI Summary
Angel Studios, Inc. has released preliminary financial estimates for the first quarter of 2026, forecasting revenue in the range of $105.0 million to $109.0 million. Simultaneously, the company expects to report an Adjusted EBITDA loss for the quarter, estimated between $(4.0) million and $(6.0) million. These figures are based on current expectations and are subject to adjustment pending the completion of customary quarter-end review procedures and financial review. The full financial results for the period ending March 31, 2026, are anticipated to be disclosed during an earnings call scheduled for May 2026.
Key Highlights
- Angel Studios expects to report revenue for the first quarter of 2026 in the range of $105.0 million to $109.0 million.
- The company anticipates an Adjusted EBITDA loss for Q1 2026, projected to be between $(4.0) million and $(6.0) million.
- Adjusted EBITDA is defined as earnings before interest, taxes, depreciation, amortization, stock compensation expense, gain/loss on digital assets, and exceptional items.
- These preliminary financial estimates are unaudited and may be adjusted following the completion of quarter-end close procedures.
- Angel Studios plans to report its full financial results for the first quarter of 2026 during an earnings call expected to be held in May 2026.