Angel Studios, Inc. $ANGX reported second-quarter 2026 revenue of $111.7 million, up 27.5% from a year earlier and slightly below the revenue estimate of $111.9 million. Gross profit came in at $60.0 million, while operating loss widened to $18.5 million.
The company posted a net loss attributable to common shareholders of $23.8 million, compared with a smaller loss a year ago. Diluted loss per share was $0.13, versus the expected $0.15 loss per share.
Operating cash flow remained positive at $16.9 million, and cash and cash equivalents rose to $48.0 million. At the same time, total liabilities increased to $264.4 million, and cost of sales climbed sharply to $51.7 million.
- Revenue: $111.7 million
- Gross profit: $60.0 million
- Operating loss: $18.5 million
- Net loss: $23.8 million
- Cash and equivalents: $48.0 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Angel Studios, Inc. Insider Trading Activity
Angel Studios, Inc. insiders have traded $ANGX stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ANGX stock by insiders over the last 6 months:
- STEVEN I SAROWITZ purchased 321,544 shares for an estimated $982,574
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Angel Studios, Inc. Hedge Fund Activity
We have seen 46 institutional investors add shares of Angel Studios, Inc. stock to their portfolio, and 28 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HUDSON BAY CAPITAL MANAGEMENT LP removed 1,176,649 shares (-22.2%) from their portfolio in Q1 2026, for an estimated $3,588,779
- MMBG INVESTMENT ADVISORS CO. added 501,059 shares (+519.3%) to their portfolio in Q1 2026, for an estimated $1,528,229
- RAYMOND JAMES FINANCIAL INC removed 387,516 shares (-91.8%) from their portfolio in Q1 2026, for an estimated $1,181,923
- SOVIERO ASSET MANAGEMENT, LP removed 260,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $793,000
- UBS GROUP AG removed 259,347 shares (-89.7%) from their portfolio in Q1 2026, for an estimated $791,008
- VERITION FUND MANAGEMENT LLC removed 210,421 shares (-38.5%) from their portfolio in Q1 2026, for an estimated $641,784
- STATE STREET CORP added 189,600 shares (+103.3%) to their portfolio in Q1 2026, for an estimated $578,280
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
