ANGEL STUDIOS, INC.

Angel Studios broadened distribution for Young Washington by premiering the film on Prime Video through the Wonder Project add-on, which requires an additional $8.99/month or $89.99/year subscription. The Jon Erwin–directed faith-based film, which grossed over $47.1 million worldwide on a $20 million budget, previously moved from theaters to PVOD and Angel Studios’ own platform for Angel Guild members. Young Washington holds a 59% critics score and a 92% audience score on Rotten Tomatoes and remains available for purchase or rent on other VOD services. » More on forbes.com

Angel Studios reported Q2 2026 adjusted EPS of -$0.13 (expectation -$0.15) and revenue of $111.7M (expectation $109.58M). Guild members rose to 2.61M at quarter-end, Guild revenue climbed to $90.7M, while gross margin fell to 54% (prior year 69%). The company confirmed a cap on adjusted EBITDA loss for 2026 of at most $25M; nonetheless the stock fell about 7.2% to $4.14 after the report as investors continued to see profitability and margin risks. » More on de.investing.com

Angel Studios' historical epic Young Washington earned $7.6 million on opening day and is projected to make $20–21 million over the weekend, finishing behind only major family tentpoles. Critics gave the film a 58% Rotten Tomatoes score, while audiences rated it 94%, signaling strong popular appeal despite mixed reviews. The film features Andy Serkis, Kelsey Grammer and Ben Kingsley and is being compared to Angel's previous breakout Sound of Freedom, which also saw low critic scores but huge audience support and box office returns. » More on forbes.com

Neal Harmon and Jeffrey Harmon irrevocably transferred more than 10 million voting‑powerful class B shares into the newly created Angel Mission Trust, with a professional trustee, an independent executor and a board, to secure governance and the company's long-term strategic direction. The trust is intended to preserve the company's mission and prioritize long-term value creation over short-term gains, inspired by firms like Patagonia and Hershey. Angel reported revenue of $389.2 million over the past twelve months with 238% growth but remains unprofitable with a loss of $0.91 per share; InvestingPro currently rates the stock as overvalued. The measure affects the voting‑powerful class B shares and is meant to cement the independence of the company's management over the long term. » More on de.investing.com

Angel Studios amended its charter via an SEC filing to add new permitted transferees for Class B shares, including certain qualified purpose trusts and irrevocable estate trusts. Shares held by such trusts will no longer automatically convert into Class A shares on the holder’s death or permanent disability, provided the trusts meet the charter’s criteria. The change was approved by the board after review by a special committee and was ratified by holders representing 77.45% of outstanding Class B shares. » More on de.investing.com