ANGX (Angel Studios) EBIT: $-20.8 Mil (TTM As of Mar. 2026)

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ANGX Angel Studios Inc ANGX
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What is Angel Studios EBIT?

Angel Studios ANGX -2.04% 10 EBIT is $-20.8 Mil as of Mar. 2026. GuruFocus rates ANGX with a GF Score™ of 10/100. The stock has 1 warning sign investors should review.

Angel Studios's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-7.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-20.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Angel Studios's annualized ROC % for the quarter that ended in Mar. 2026 was -4.76%. Angel Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -827.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Angel Studios's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.39%.

Angel Studios  (NYSE:ANGX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Angel Studios's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-10.664 * ( 1 - 0% )/( (229.827 + 217.949)/ 2 )
=-10.664/223.888
=-4.76 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=241.412 - 95.706 - ( 44.083 - max(0, 218.999 - 134.878+44.083))
=229.827

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=213.085 - 71.684 - ( 38.876 - max(0, 188.165 - 111.617+38.876))
=217.949

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Angel Studios's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-30.892/( ( (3.95 + max(-82.51, 0)) + (3.514 + max(-84.845, 0)) )/ 2 )
=-30.892/( ( 3.95 + 3.514 )/ 2 )
=-30.892/3.732
=-827.76 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.123 + 1.264 + 27.344) - (95.706 + 66.535 + 0)
=-82.51

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30.793 + 1.384 + 29.354) - (71.684 + 74.692 + 0)
=-84.845

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Angel Studios's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-20.8/871.958
=-2.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Angel Studios EBIT Related Terms

Angel Studios EBIT Historical Data

* Premium members only.

The historical data trend for Angel Studios's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Angel Studios EBIT Chart

Angel Studios Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
-13.78 14.17 -82.55 -158.66

Angel Studios Quarterly Data
Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.76 -35.77 -13.08 0.00 -7.72

ANGX vs RSVR, HUYA, STRZ: EBIT Comparison

For the Entertainment subindustry, Angel Studios's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Angel Studios EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Angel Studios's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Angel Studios's EV-to-EBIT falls into.


ANGX
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Angel Studios Inc ANGX
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Angel Studios EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-20.8 Mil mean?
Angel Studios (ANGX) has a EBIT of $-20.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Angel Studios.
Is Angel Studios' EBIT too high?
Angel Studios' current EBIT is $-20.8 Mil. Overall, Angel Studios has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Angel Studios' EBIT compare to RSVR and HUYA?
Angel Studios' EBIT of $-20.8 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Media - Diversified company?
A good EBIT depends on the Media - Diversified industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Angel Studios. Angel Studios's current EBIT is $-20.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel Studios stock overvalued right now?
Angel Studios (ANGX) has a current EBIT of $-20.8 Mil. The current EBIT is $-20.8 Mil. Angel Studios' overall GF Score™ is 10/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Angel Studios (ANGX), the current EBIT is $-20.8 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Angel Studios Business Description

Other Exchanges ANGX:MexicoQ62:Germany
Address 295 W Center Street, Provo, UT, USA, 84601
Angel Studios Inc is an entertainment company known for crowd-funded films and television projects. It enables creators to share projects and engage audiences directly. The platform allows fans to invest in and promote productions, fostering a community-driven approach to content creation.
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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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