Quick Answer
Angel Studios, Inc. reported R&D Expense of $15.53 million for fiscal year 2025.
Angel Studios, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $15.53M | +20.9% |
| 2024 | $12.84M | +32.3% |
| 2023 | $9.70M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $4.22M | +33.1% | +33.1% |
| September 30, 2024 | $3.17M | — | — |
- Angel Studios, Inc. showed an increase of +20.9% in R&D Expense compared to the prior fiscal year.
- Over the 2023–2025 period, Angel Studios, Inc.’s r&d expense has grown by 60.0% (from $9.70 million to $15.53 million).
- The most recent figure is from Angel Studios, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 12, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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