Angel Studios Inc. Class A Common Stock (ANGX)

FairStock Score: 20/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Angel Studios is a media and streaming company selling films, series, and related merchandise. The top line has been volatile and recent quarterly losses persist. In fiscal Q1 2026, the quarter ended 2026-03-31, revenue was $115.1M with net loss $13.8M; in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $111.7M with net loss $23.8M. In fiscal Q3 2025, the quarter ended 2025-09-30, revenue was $76.5M and net loss was $38.6M. For full fiscal 2025, ended 2025-12-31, revenue was $321.6M and net loss $170.5M, after fiscal 2023 net income of $13.4M and fiscal 2024 net loss $88.3M. That pattern explains FairStock's TURNAROUND category: loss in the latest year after earlier profits. The business may have a niche audience and faith-oriented content, but I see no durable moat in hit-driven entertainment. Financial health is weak: trailing free cash flow was -$16.1M, FairStock's Altman Z-score was -0.23, and its Piotroski score was 4/9. FairStock's ROCE was -44.13%. Balance sheet ratios are N/A in the data, so I cannot assess debt. Valuation: At the $3.73 close on 2026-10-13, market cap was $687.2M; FairStock's P/E was -3.97, so earnings-based valuation is meaningless. Price is speculative relative to current losses. Revenue stepped up to $321.6M in fiscal 2025 from $96.5M in fiscal 2024, but those sales have not translated into profits. I would want consistent positive free cash flow and net income before considering the price cheap.

In plain English: Angel Studios makes movies, shows, and related products, often for families and faith-based audiences. Sales have grown, but the company is losing money, and the losses have been large in recent years. At $3.73, the price does not look cheap based on current profits because there are none.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer