Angel Studios (ANGX) Research & Development (2024 - 2026)

Angel Studios (ANGX) reported Research & Development of $4.1 million for Q1 2026, up 25.86% on a YoY basis from $3.2 million in Q1 2025, and down 2.69% quarter-over-quarter from $4.2 million in Q4 2025.

Angel Studios (ANGX) Research & Development (2024 - 2026) Analysis & Trends

Angel Studios has reported Research & Development for 3 years, with the latest figure 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.
  • The five-year high for Research & Development was $4.2 million in Q3 2025, with the low at $1.6 million in Q4 2024.
  • Historically, Research & Development has averaged $3.4 million across 3 years, with a median of $3.7 million in 2025.
  • Annual changes were most pronounced in 2025 — Research & Development surged 155.78% — and 2026, when it grew 25.86%.
  • Angel Studios' Research & Development stood at $1.6 million in 2024, then surged by 155.78% to $4.2 million in 2025, then declined 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 327.69 Bn 315.40 Bn 11.41 Bn 959.70 Mn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn -
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn -
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 189.49 Mn
9 News 15.92 Bn 14.45 Bn - -
10 Angel Studios 538.62 Mn 499.57 Mn 58.51 Mn 4.08 Mn

Historic Data

Download Data
DateValue
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