Angel Q2 2026: Guild members up 99% YoY to 2.61M; Guild revenue $90.7M (+94%)

Angel Studios, Inc.

Guild paying members 2.61M at June 30 (+99.2% YoY); 2.85M as of July 31.
Guild revenue $90.7M (+93.8% YoY); total revenue $111.7M (+27.5%).
Guild selling & marketing expense fell to 52.8% of Guild revenue from 71.6%.
Operating cash flow positive $16.9M vs ($10.6M) a year ago; net loss $0.129/share.
Reiterates FY 2026 Adj. EBITDA loss guidance of no more than $25M.

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