Quarterly ResultAug 4, 2026, 04:33 PM
Angel Studios Q2 Revenue +27.4% to $111.7M; YTD Net Loss $(37.6)M
AI Summary
Angel Studios reported a 27.4% increase in Q2 2026 revenue to $111.7 million and a 67.9% increase in year-to-date revenue to $226.8 million. Despite the strong revenue growth, the company's Q2 net loss widened to $(23.8) million, though its year-to-date net loss improved to $(37.6) million. Cash and cash equivalents rose to $48.0 million, and operating activities generated $18.8 million in cash year-to-date, a significant improvement from the prior year. The company's accumulated deficit continued to grow, reaching $(279.1) million.
Key Highlights
- Q2 2026 revenue increased 27.4% to $111.7 million from $87.6 million in Q2 2025.
- YTD 2026 revenue grew 67.9% to $226.8 million from $135.1 million in YTD 2025.
- Q2 2026 net loss was $(23.8) million, compared to $(15.7) million in Q2 2025.
- YTD 2026 net loss improved to $(37.6) million from $(53.0) million in YTD 2025.
- Cash and cash equivalents increased to $48.0 million from $44.1 million since Dec 31, 2025.
- Net cash from operating activities was $18.8 million YTD 2026, up from $(20.4) million YTD 2025.
- Accumulated deficit increased to $(279.1) million from $(241.5) million since Dec 31, 2025.
- Issued $34.5 million in common stock through a public offering YTD 2026.
Price Impact
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