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

Angel Studios (ANGX) has reported Cost of Revenue for 3 consecutive years, with $51.7 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 89.65% year-over-year to $51.7 million; the trailing twelve-month figure through Jun 2026 stood at $173.8 million (up 156.05% YoY), and the FY2025 full-year result was $124.9 million, up 181.47% from the prior year.
• Cost of Revenue improved to $51.7 million in Q2 2026 per ANGX's latest filing, from $44.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $51.7 million in Q2 2026 and bottomed at $8.1 million in Q3 2024.
• Historically, Cost of Revenue has averaged $30.2 million across 3 years, with a median of $30.8 million in 2025.
• The sharpest annual moves came in 2025 and 2026: Cost of Revenue soared 323.46% in 2025, then soared 89.65% in 2026.
• Over 3 years, Cost of Revenue stood at $13.0 million in 2024, then surged by 236.07% to $43.8 million in 2025, then gained by 18.26% to $51.7 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $51.7 million, $44.0 million, and $43.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.