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Angel Studios vs CuriosityStream: ANGX and CURI compared
Angel Studios is the larger company: $112M of revenue in its latest quarter (Q2 2026) against $23.2M for CuriosityStream (Q2 2026). Angel Studios is growing faster (+28% against +22% a year earlier). CuriosityStream is more profitable, with an operating margin of 39.5% against -16.6%.
Where the money goes: ANGX and CURI
Angel Studios (ANGX) · Q2 2026
Angel Studios, Q2 2026: revenue $112M (+28% year over year), operating margin -16.6%, net loss $23.8M, operating cash flow $16.9M. The chart follows the revenue to costs, profit and cash.
CuriosityStream (CURI) · Q2 2026
CuriosityStream, Q2 2026: revenue $23.2M (+22% year over year), operating margin 39.5%, net earnings $8.9M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Angel Studios (ANGX) | CuriosityStream (CURI) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $112M | $23.2M |
| Revenue growth, Y/Y | +28% | +22% |
| Operating margin | -16.6% | 39.5% |
| Net earnings | −$23.8M | $8.9M |
| Net margin | -21.3% | 38.2% |
| Operating cash flow | $16.9M | −$4.2M |
Where the revenue comes from
Angel Studios
- Angel Guild Memberships: $90.7M (81%)
- Content Licensing: $15.1M (14%)
- Theatrical Release Revenue: $2.8M (3%)
- Merchandise: $2.4M (2%)
CuriosityStream
- Licensing: $14.1M (60%)
- Subscription: $8.9M (38%)
- Other: $317K (1%)
Questions
Which is bigger, Angel Studios or CuriosityStream?
Angel Studios is the larger company: $112M of revenue in its latest quarter (Q2 2026) against $23.2M for CuriosityStream (Q2 2026).
Is Angel Studios or CuriosityStream growing faster?
Angel Studios is growing faster (+28% against +22% a year earlier).
Which is more profitable, Angel Studios or CuriosityStream?
CuriosityStream is more profitable, with an operating margin of 39.5% against -16.6%.
More: Angel Studios earnings · how Angel Studios makes money · CuriosityStream earnings · how CuriosityStream makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 4, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.