Angel (ANGX) reported second-quarter 2026 revenue of $111.7 million, up 27.5% from $87.6 million a year earlier. Net loss was approximately $23.8 million, compared with a net loss of $15.7 million in the second quarter of 2025.
The company said Angel Guild revenue grew 93.8% year over year to $90.7 million and represented about 81.2% of total company revenue. Angel Guild paying members rose to 2.61 million during the quarter, up 99.2% from 1.31 million in the prior-year quarter.
- Total revenue was $111.7 million for the quarter ended June 30, 2026.
- Net loss per common share was $0.129 on both a basic and diluted basis.
- Operating loss was $18.5 million, compared with an operating loss of $21.3 million a year earlier.
- Operating cash flow was positive $16.9 million in Q2 2026, compared with negative $10.6 million in Q2 2025.
- Cash and cash equivalents were $48.0 million as of June 30, 2026.
- The company reiterated guidance to reduce full-year 2026 Adjusted EBITDA loss to no more than $25 million.
