Angel Studios (ANGX) Q2 FY26 earnings call

Angel Studios delivered strong Q2 FY26 results, driven by significant growth in its Angel Guild membership and revenue, demonstrating improved operating leverage. The company reaffirmed its full-year adjusted EBITDA loss guidance, balancing aggressive growth in its large addressable market with disciplined cash management. The unique audience-driven model, supported by AI tools and a growing content library, continues to strengthen the platform's flywheel effect and expand its reach.