---
schema_version: "secwatch.filing_event.v1"
accession: "0001865200-26-000068"
form_type: "8-K"
ticker: "ANGX"
cik: "0001865200"
company_name: "Angel Studios, Inc."
filed_at: "2026-08-04T20:20:57+00:00"
generated_at: "2026-08-04T20:22:20.112515+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001865200-26-000068
- form_type: 8-K
- ticker: ANGX
- cik: 0001865200
- company_name: Angel Studios, Inc.
- filed_at: 2026-08-04T20:20:57+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865200/000186520026000068/0001865200-26-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865200/000186520026000068/angx-20260804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001865200-26-000068
- JSON: https://secwatch.observer/filing/0001865200-26-000068.json
- Plain text: https://secwatch.observer/filing/0001865200-26-000068.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.