Angel Studios (ANGX) Cost of Revenue (2024 - 2026)

Angel Studios' Cost of Revenue history runs 3 years deep, the most recent figure standing at $44.0 million for Q1 2026.

• Quarterly Cost of Revenue rose 125.88% year-over-year to $44.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $141.6 million (changed N/A YoY) and the FY2025 annual result came in at $124.9 million, up 181.47% from the prior year.
• Cost of Revenue was $44.0 million for Q1 2026 at Angel Studios, up from $43.8 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $44.0 million in Q1 2026 and bottomed at $8.1 million in Q3 2024.
• A 3-year average of $27.1 million and a median of $26.9 million in 2025 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2025 — Cost of Revenue surged 323.46% — and 2026, when it surged 125.88%.
• Angel Studios' Cost of Revenue stood at $13.0 million in 2024, then surged by 236.07% to $43.8 million in 2025, then increased by 0.56% to $44.0 million in 2026.
• Business Quant data shows ANGX's Cost of Revenue at $44.0 million in Q1 2026, $43.8 million in Q4 2025, and $34.3 million in Q3 2025.