Angel Studios, Inc. $ANGX reported third-quarter 2026 revenue of $159.0 million, up 107.8% from a year earlier and ahead of the $143.2 million analyst estimate. Gross profit climbed to $100.0 million, reflecting strong top-line growth and improved scale.
Despite the revenue surge, profitability remained under pressure. Operating loss came in at $10.3 million, and net loss attributable to common shareholders was $5.2 million, or -$0.03 per diluted share. Both results were weaker than the prior year, even as revenue expanded sharply.
Cash flow also showed a mixed picture. Operating cash flow was $10.3 million, while cash and cash equivalents ended the quarter at $45.6 million. Total liabilities stood at $305.9 million, and the stock fell 2.67% after the close.
- Revenue: $159.0 million
- Gross profit: $100.0 million
- Net loss: $5.2 million
- Cash and equivalents: $45.6 million
- Total liabilities: $305.9 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 11 times in the past 6 months. Of those trades, 11 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 has made 7 purchases buying 1,000,000 shares for an estimated $4,658,331 and 0 sales.
- JEFFREY HARMON (Chief Content Officer) has made 2 purchases buying 230,080 shares for an estimated $948,711 and 0 sales.
- NEAL HARMON (Chief Executive Officer) has made 2 purchases buying 58,228 shares for an estimated $250,012 and 0 sales.
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 74 institutional investors add shares of Angel Studios, Inc. stock to their portfolio, and 40 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PEAK6 LLC added 2,593,933 shares (+inf%) to their portfolio in Q2 2026, for an estimated $9,519,734
- RENAISSANCE TECHNOLOGIES LLC added 1,283,609 shares (+1432.3%) to their portfolio in Q2 2026, for an estimated $4,710,845
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 559,211 shares (+inf%) to their portfolio in Q2 2026, for an estimated $2,052,304
- MILLENNIUM MANAGEMENT LLC added 522,801 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,918,679
- AWM INVESTMENT COMPANY, INC. added 458,379 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,682,250
- ARETE WEALTH ADVISORS, LLC removed 435,600 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $2,034,252
- AMERICANA PARTNERS, LLC removed 389,481 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $1,818,876
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.
