Angel Studios (ANGX) Operating Expenses (2022 - 2026)

Angel Studios' Operating Expenses history runs 5 years deep, the most recent figure standing at $117.8 million for Q1 2026.

• Quarterly Operating Expenses rose 45.34% year-over-year to $117.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $413.6 million (up 134.47% YoY) and the FY2025 annual result came in at $485.7 million, up 165.05% from the prior year.
• Operating Expenses was $117.8 million for Q1 2026 at Angel Studios, down from $180.8 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.
• A 5-year average of $46.0 million and a median of $406574.0 in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses soared 163042.11% — and 2024, when it plunged 68.41%.
• Angel Studios' 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 tumbled by 34.86% to $117.8 million in 2026.
• Business Quant data shows ANGX's Operating Expenses at $117.8 million in Q1 2026, $180.8 million in Q4 2025, and $114.6 million in Q3 2025.