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| 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 |