Angel Studios expects first quarter 2026 revenue of $105-109 million and Adjusted EBITDA loss of $4-6 million, with final results to be reported in May 2026.
Key takeaways
Q1 2026 revenue guidance of $105-109 million indicates expected performance for the period.
Q1 2026 Adjusted EBITDA guidance of $(4)-(6) million suggests an anticipated operating loss.
These are preliminary estimates subject to adjustment during quarter-end close procedures.
The company's independent auditor has not reviewed or assured these preliminary estimates.
Adjusted EBITDA is a non-GAAP measure excluding interest, taxes, depreciation, amortization, stock compensation, digital asset gains/losses, and exceptional items.
No reconciliation to GAAP net loss is available due to variability and complexity of reconciling items.