Angel Studios released FY2022 Annual Earnings on March 28, 2025 (EST), with actual revenue of USD 75.52 M and actual EPS of USD -0.565


Brief Summary
Angel Studios reported a fiscal year 2022 revenue of $75.52 million and an EPS of -$0.565, which signifies a financial performance with a net loss.
Impact of The News
Financial Overview
Angel Studios reported a fiscal year 2022 revenue of $75.52 million and an EPS of -$0.565, indicating a net loss position. This performance reflects challenges in achieving profitability, similar to their third-quarter results for 2025, where they reported a revenue of $76.5 million and a net loss of $38.6 million, largely influenced by increased marketing and content costs, and one-time expenses related to their NYSE listing Reuters+ 2.
Peer Comparison
When compared to other companies in the industry, Angel Studios’ growth rate is remarkable, with a significant revenue increase of 280% year-over-year for the third quarter of 2025, and a 223% increase for the nine-month period ending September 30, 2025 Reuters. However, the company’s ongoing losses as seen in both the 2022 fiscal year and later quarters indicate operational inefficiencies or high-cost structures that need addressing. Comparatively, companies like Palantir and Alphabet have shown positive earnings and exceeded market expectations, highlighting the disparity in financial health and operational efficiency .
Business Development Trends
Although Angel Studios has demonstrated strong revenue growth, the continued net losses suggest that the company may need to reassess its cost management strategies to align with revenue increases. The significant growth in recurring revenue sources, such as Angel Guild, which accounted for 77% of Q3 2025 revenue, indicates a strong subscriber base that could be leveraged for future profitability Reuters. Going forward, the company might focus on optimizing its cost structure, managing operational expenses more effectively, and capitalizing on its growing user base to achieve sustainable profitability.

