Angel Studios ANGX
NYSE ANGX
$4.87 +0.29 (+6.33%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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