Angel Studios (ANGX) Research & Development (2024 - 2026)
Angel Studios posted quarterly Research & Development of $4.1 million for Q1 2026, up 25.86% year-on-year from $3.2 million in Q1 2025, and down 2.69% on a QoQ basis from $4.2 million in Q4 2025.
Angel Studios (ANGX) has 3 years of Research & Development data on file, last reported at $4.1 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 25.86% year-over-year to $4.1 million; the trailing twelve-month figure through Mar 2026 stood at $15.7 million (changed N/A YoY), and the FY2025 full-year result was $15.5 million, up 20.91% from the prior year.
- Research & Development for Q1 2026 stood at $4.1 million, down from $4.2 million in the prior quarter.
- Across five years, Research & Development topped out at $4.2 million in Q3 2025 and bottomed at $1.6 million in Q4 2024.
- The 3-year median for Research & Development is $3.7 million (2025), against an average of $3.4 million.
- The widest annual swing landed in 2025, when Research & Development surged 155.78%; it then grew 25.86% in 2026.
- A 3-year view of Research & Development shows it stood at $1.6 million in 2024, then soared by 155.78% to $4.2 million in 2025, then fell by 2.69% to $4.1 million in 2026.
- The last three Research & Development figures came in at $4.1 million (Q1 2026), $4.2 million (Q4 2025), and $4.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 362.63 Bn | 350.34 Bn | 11.41 Bn | 959.70 Mn |
| 2 | Walt Disney | 181.67 Bn | 188.27 Bn | 23.68 Bn | - |
| 3 | Warner Bros. Discovery | 67.91 Bn | 65.77 Bn | 4.25 Bn | - |
| 4 | Live Nation Entertainment | 39.56 Bn | 31.10 Bn | 1.31 Bn | - |
| 5 | Fox | 26.01 Bn | 22.51 Bn | - | - |
| 6 | Liberty Media | 21.20 Bn | 21.87 Bn | 298.00 Mn | - |
| 7 | Roku | 19.03 Bn | 16.65 Bn | 564.94 Mn | 189.49 Mn |
| 8 | News | 16.98 Bn | 15.50 Bn | - | - |
| 9 | TKO Group Holdings | 16.11 Bn | 14.42 Bn | 862.52 Mn | - |
| 10 | Angel Studios | 475.95 Mn | 436.90 Mn | 58.51 Mn | 4.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.08 Mn |
| Dec 31, 2025 | 4.20 Mn |
| Sep 30, 2025 | 4.22 Mn |
| Mar 31, 2025 | 3.24 Mn |
| Dec 31, 2024 | 1.64 Mn |
| Sep 30, 2024 | 3.17 Mn |