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Angel Studios vs Starz Entertainment: revenue, profit, margins and growth compared

Angel Studios brought in $321.6M of revenue in fiscal 2025, Starz Entertainment $1.4B in fiscal 2025. Revenue changed by +233.2% at Angel Studios and -1.6% at Starz Entertainment on the year before, so Angel Studios grew faster. Angel Studios kept -53.0% of its revenue as net profit, Starz Entertainment -15.4%.

Side by side, latest fiscal year

ANGXSTRZ
Fiscal year endedFY2025 (December 31, 2025)FY2025 (March 31, 2025)
Revenue$321.6M$1.4B
Revenue growth+233.2%-1.6%
Net income-$170.5M-$211.2M
Net margin-53.0%-15.4%
Free cash flown/a-$63.6M
Free cash flow marginn/a-4.6%
Earnings per share (diluted)-$1.10-$12.63
Cash$44.1M$17.8M
Debt$45.5M$699.9M
Price to earningsn/an/a
Market value$896.4M$360.8M
Dividend yieldn/an/a
Rank by revenue in sector#610 of 778 · Consumer discretionary#415 of 778 · Consumer discretionary

Over the years

Revenue
ANGX FY2023: $202.4MANGX FY2024: $96.5MANGX FY2025: $321.6MSTRZ FY2018: $4.1BSTRZ FY2019: $3.7BSTRZ FY2020: $3.9BSTRZ FY2021: $3.3BSTRZ FY2022: $3.6BSTRZ FY2023: $1.4BSTRZ FY2024: $1.4BSTRZ FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
ANGX $321.6MSTRZ $1.4B
Net income
ANGX FY2022: $18.1MANGX FY2023: $13.4MANGX FY2024: -$88.3MANGX FY2025: -$170.5MSTRZ FY2018: $473.6MSTRZ FY2019: -$284.2MSTRZ FY2020: -$188.4MSTRZ FY2021: -$18.9MSTRZ FY2022: -$188.2MSTRZ FY2023: -$1.9BSTRZ FY2024: -$915.2MSTRZ FY2025: -$211.2MFY18FY19FY20FY21FY22FY23FY24FY25
ANGX -$170.5MSTRZ -$211.2M
Net margin
ANGX FY2023: 6.6%ANGX FY2024: -91.5%ANGX FY2025: -53.0%STRZ FY2018: 11.5%STRZ FY2019: -7.7%STRZ FY2020: -4.8%STRZ FY2021: -0.6%STRZ FY2022: -5.2%STRZ FY2023: -131.5%STRZ FY2024: -65.7%STRZ FY2025: -15.4%FY18FY19FY20FY21FY22FY23FY24FY25
ANGX -53.0%STRZ -15.4%
Revenue growth
ANGX FY2024: -52.3%ANGX FY2025: +233.2%STRZ FY2019: -10.9%STRZ FY2020: +5.7%STRZ FY2021: -15.9%STRZ FY2022: +10.2%STRZ FY2023: -60.5%STRZ FY2024: -2.1%STRZ FY2025: -1.6%FY19FY20FY21FY22FY23FY24FY25
ANGX +233.2%STRZ -1.6%
Free cash flow
STRZ FY2018: $340.5MSTRZ FY2019: $383.7MSTRZ FY2020: $583.5MSTRZ FY2021: -$35.5MSTRZ FY2022: -$694MSTRZ FY2023: -$472.6MSTRZ FY2024: -$152.2MSTRZ FY2025: -$63.6MFY18FY19FY20FY21FY22FY23FY24FY25
ANGXSTRZ -$63.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Angel Studios and Starz Entertainment

Which is bigger by revenue, Angel Studios or Starz Entertainment?

Starz Entertainment is bigger by revenue: $1.4B in fiscal 2025, against $321.6M for Angel Studios in fiscal 2025.

Which keeps more of its revenue as profit, Angel Studios or Starz Entertainment?

Angel Studios had a net margin of -53.0% in fiscal 2025; Starz Entertainment had -15.4% in fiscal 2025.

Which grew revenue faster, Angel Studios or Starz Entertainment?

In their latest fiscal years revenue changed by +233.2% at Angel Studios and -1.6% at Starz Entertainment.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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