Angel Studios (ANGX) Gross Margin (2024 - 2026)
Angel Studios (ANGX) posted Gross Margin of 53.67% for Q2 2026, down 15.19 percentage points from 68.87% a year earlier and down 8.10 percentage points from the prior quarter.
Angel Studios (ANGX) Gross Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Angel Studios was 57.94%, down 5.61 percentage points year-over-year; for FY2025, it was 61.17%, up 7.13 percentage points from FY2024.
- In prior years, Angel Studios' Gross Margin was 54.04% in FY2024 (-3.46 pp) and 57.50% in FY2023.
- The Q2 2026 figure stands as the lowest quarterly Gross Margin in data going back to Q3 2024.
- On a year-over-year basis, Gross Margin increased in two of the last four quarters, with an average year-over-year change of -3.69 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 61.77% (Q1 2026), 60.20% (Q4 2025) and 55.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | 45.84% |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | 45.82% |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | - |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 53.67% |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | 64.35% |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | - |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | - |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 36.70% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.67% |
| Mar 31, 2026 | 61.77% |
| Dec 31, 2025 | 60.20% |
| Sep 30, 2025 | 55.14% |
| Jun 30, 2025 | 68.87% |
| Mar 31, 2025 | 58.94% |
| Dec 31, 2024 | 58.04% |
| Sep 30, 2024 | 59.70% |
Angel Studios Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ANGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ANGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ANGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();