Angel Studios (ANGX) Research & Development (2024 - 2026)
Angel Studios (ANGX) reported Research & Development of $4 million for Q2 2026, up 9.8% from $3.64 million a year earlier but down 2.0% from the prior quarter.
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Analysis
Angel Studios (ANGX) Research & Development (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Angel Studios' Research & Development came in at $16.5 million, up 41.0% year-over-year; for FY2025, it was $15.53 million, up 20.9% from FY2024.
- By year, Research & Development came in at $12.84 million in FY2024 (+32.3%) and $9.7 million in FY2023.
- Five-year quarterly Research & Development spans a low of $1.64 million in Q4 2024 and a high of $4.22 million in Q3 2025.
- Year over year, Research & Development has now increased in each of the last four quarters, with growth averaging 56.1% over the last four quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.08 million (Q1 2026), $4.2 million (Q4 2025) and $4.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Walt Disney | 182.51 Bn | 167.08 Bn | 11.57 Bn | - |
| 2 | Warner Music | 14.20 Bn | 11.69 Bn | 854.00 Mn | - |
| 3 | Lionsgate Studios | 3.27 Bn | 2.23 Bn | - | - |
| 4 | Angel Studios | 841.96 Mn | 647.45 Mn | 59.96 Mn | 4.00 Mn |
| 5 | Reservoir Media | 629.64 Mn | 541.95 Mn | 26.69 Mn | - |
| 6 | Kartoon Studios | 35.46 Mn | 18.33 Mn | - | - |
| 7 | American Picture House | 5.69 Mn | 5.69 Mn | - | - |
| 8 | Nexus Advanced Technologies | 2.46 Mn | -16.15 Mn | - | - |
| 9 | AI Era | 696,201.70 | 45,968.70 | - | - |
| 10 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.00 Mn |
| Mar 31, 2026 | 4.08 Mn |
| Dec 31, 2025 | 4.20 Mn |
| Sep 30, 2025 | 4.22 Mn |
| Jun 30, 2025 | 3.64 Mn |
| Mar 31, 2025 | 3.24 Mn |
| Dec 31, 2024 | 1.64 Mn |
| Sep 30, 2024 | 3.17 Mn |
API Access
Angel Studios Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=ANGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ANGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=ANGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();