R&D expense · 2023–2025

Angel Studios R&D expense

$15.5M+20.9% · FY2025

Angel Studios (ANGX) reported $15.5M in R&D expense for fiscal 2025, +20.9% year on year.

$9.7M2023$12.8M2024$15.5M2025
Angel Studios — R&D expense, 2023–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$15.5M+20.9%Open →
FY20242024-12-31$12.8M+32.3%Open →
FY20232023-12-31$9.7M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2023–2025 compound annual growth +26.5%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Angel Studios R&D expense |url=https://companiesranked.com/en/company/angel-studios/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Angel Studios R&D expense. CompaniesRanked. https://companiesranked.com/en/company/angel-studios/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-angel-studios-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Angel Studios R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/angel-studios/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001865200-26-000020 · March 12, 2026

{{cite web |title=Angel Studios R&D expense — 10-K (0001865200-26-000020) |url=https://www.sec.gov/Archives/edgar/data/1865200/000186520026000020/angx-20251231x10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-12}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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