Angel Studios (ANGX) Operating Expenses (2022 - 2026)
Angel Studios' (ANGX) quarterly Operating Expenses came in at $130.2 million in Q2 2026, up 19.5% on a YoY basis from $109.0 million in Q2 2025, and up 10.57% quarter-over-quarter from $117.8 million in Q1 2026.
Analysis
Angel Studios (ANGX) Operating Expenses (2022 - 2026) Analysis & Trends
Angel Studios (ANGX) has reported Operating Expenses for 5 consecutive years, with $130.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 19.5% year-over-year to $130.2 million; the trailing twelve-month figure through Jun 2026 stood at $543.4 million (up 90.64% YoY), and the FY2025 full-year result was $485.7 million, up 165.05% from the prior year.
- Operating Expenses advanced to $130.2 million in Q2 2026 per ANGX's latest filing, from $117.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $189.3 million in Q4 2023 and bottomed at $116029.0 in Q4 2022.
- Historically, Operating Expenses has averaged $56.7 million across 5 years, with a median of $17.9 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 163042.11% in 2023, then slumped 68.41% in 2024.
- Over 5 years, Operating Expenses stood at $116029.0 in 2022, then surged by 163042.11% to $189.3 million in 2023, then plunged by 68.41% to $59.8 million in 2024, then soared by 202.4% to $180.8 million in 2025, then retreated by 27.98% to $130.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $130.2 million, $117.8 million, and $180.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.43 Bn | 177.24 Bn | 11.57 Bn | 20.49 Bn |
| 2 | Lionsgate Studios | 3.26 Bn | 2.83 Bn | - | 751.00 Mn |
| 3 | Angel Studios | 911.05 Mn | 863.01 Mn | 59.96 Mn | 130.22 Mn |
| 4 | Kartoon Studios | 42.45 Mn | 1.96 Mn | - | -10.04 Mn |
| 5 | American Picture House | 11.36 Mn | 11.36 Mn | - | 58,685.00 |
| 6 | K Wave Media | 3.24 Mn | -19.55 Mn | - | - |
| 7 | AI Era | 764,307.88 | 514,307.88 | - | -2.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 130.22 Mn |
| Mar 31, 2026 | 117.77 Mn |
| Dec 31, 2025 | 180.81 Mn |
| Sep 30, 2025 | 114.63 Mn |
| Jun 30, 2025 | 108.97 Mn |
| Mar 31, 2025 | 81.03 Mn |
| Dec 31, 2024 | 59.79 Mn |
| Sep 30, 2024 | 35.27 Mn |
| Jun 30, 2024 | 287,728.00 |
| Mar 31, 2024 | 406,574.00 |
| Dec 31, 2023 | 189.29 Mn |
| Sep 30, 2023 | 137,763.00 |
| Jun 30, 2023 | 370,139.00 |
| Mar 31, 2023 | 278,778.00 |
| Dec 31, 2022 | 116,029.00 |
| Sep 30, 2022 | 352,509.00 |
| Jun 30, 2022 | 366,771.00 |
| Mar 31, 2022 | 504,464.00 |