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Angel Revenue Surges 108% to $159 Million in Third Quarter

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Angel (NYSE: ANGX) reported third-quarter 2026 revenue of $159.0 million, up 107.7% from a year earlier and 42.4% from the prior quarter. Net loss narrowed to $5.2 million, or $0.03 per basic and diluted share, from $38.5 million, or $0.25 per share, in the prior-year quarter.

Guild revenue rose 95.3% year over year to $115.6 million, while paying Guild members reached 2.94 million at September 30, 2026.

  • Total revenue was $159.0 million, including $115.6 million of Guild revenue and $43.4 million of other revenue.
  • Operating loss was $10.3 million, compared with $38.0 million in the third quarter of 2025.
  • Operating cash flow was positive $10.3 million during the quarter.
  • Cash and cash equivalents totaled $45.6 million as of September 30, 2026.
  • Angel reiterated full-year 2026 guidance for an adjusted EBITDA loss of less than $25 million.

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