Angel Studios (ANGX) Gross Margin (2024 - 2026)
Angel Studios (ANGX) posted Gross Margin of 61.77% for Q1 2026, up 2.62% on a QoQ basis from 60.2% in Q4 2025, and up 283.0% year-over-year from 16.13% in Q1 2025.
Angel Studios (ANGX) Gross Margin (2024 - 2026) Analysis & Trends
Angel Studios' Gross Margin history runs 3 years deep, the most recent figure standing at 61.77% for Q1 2026.
- Quarterly Gross Margin rose 283.0% year-over-year to 61.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 59.44% (changed N/A YoY) and the FY2025 annual result came in at 61.17%, up 713.0% from the prior year.
- Gross Margin was 61.77% for Q1 2026 at Angel Studios, up from 60.2% in the prior quarter.
- Across five years, Gross Margin topped out at 61.77% in Q1 2026 and bottomed at 55.14% in Q3 2025.
- A 3-year average of 58.97% and a median of 59.32% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin plunged 456 bps — and 2026, when it surged 283 bps.
- Angel Studios' Gross Margin stood at 58.04% in 2024, then increased by 4 bps to 60.2% in 2025, then gained by 3 bps to 61.77% in 2026.
- Business Quant data shows ANGX's Gross Margin at 61.77% in Q1 2026, 60.2% in Q4 2025, and 55.14% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 51.93% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 42.72% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | 47.79% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | 34.66% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 41.91% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 45.24% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 54.01% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | - |
| 9 | News | 16.48 Bn | 15.01 Bn | - | - |
| 10 | Angel Studios | 689.36 Mn | 650.32 Mn | 71.10 Mn | 61.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.77% |
| Dec 31, 2025 | 60.20% |
| Sep 30, 2025 | 55.14% |
| Mar 31, 2025 | 58.94% |
| Dec 31, 2024 | 58.04% |
| Sep 30, 2024 | 59.70% |