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Annual · values20252024202320222021
Operating Cash Flow-83.33 M USD-2.28 M USD5.54 M USD396482 USD
Depreciation & Amortization14.42 M USD7.90 M USD5.68 M USD
Stock-Based Compensation9.67 M USD3.64 M USD1.03 M USD
Capital Expenditures
Cash Flow from Investing-55.59 M USD44.28 M USD193.47 M USD-2.62 M USD
Cash Flow from Financing175.79 M USD-43.67 M USD-196.89 M USD328131 USD
Dividends Paid
Stock Buybacks437791 USD706645 USD107073 USD
Free Cash Flow

Angel Studios, Inc. is an independent media company and film distribution studio specializing in values-based entertainment. Headquartered in Provo, Utah, it produces and distributes films and television shows with uplifting themes, often featuring Christian elements, through its proprietary streaming platform accessible worldwide on various devices. Notable successes include the box office hit Sound of Freedom, which grossed over $250 million, and the crowdfunded series The Chosen, distributed across theaters, TV, and streaming. The company pioneered a unique community-driven model via the Angel Guild, where over 2 million paying members from more than 180 countries vote on projects, invest through equity crowdfunding, and promote content using a 'Pay It Forward' revenue system. Formerly VidAngel, it rebranded in 2021 after divesting its content filtering service and went public in 2025 via a reverse merger with Southport Acquisition Corporation. Angel Studios, Inc. empowers creators by providing technology to fund and launch original stories without traditional studio overhead, fostering passionate fan communities in the entertainment production sector.