The Arena Group Holdings (AREN) Financial Statements & Analysis

The Arena Group Holdings (AREN) Income Statement

The Arena Group Holdings reported revenue of $134.83M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 7.1% from $125.91M a year earlier. Net income was $124.86M, a net margin of 92.6%. Gross margin was 50.7% and operating margin 30.3%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $22.18M, down 50.7% from the same quarter a year earlier.

The Arena Group Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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The Arena Group Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Mar 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	134.83	125.91	125.91	143.63	220.94	189.14	128.03	53.34	5.70	0.08
Cost of Revenue	66.48	70.19	70.19	88.36	132.92	110.53	100.68	47.30	7.64	1.59
Gross Profit	68.35	55.72	55.72	55.27	88.01	78.61	27.35	6.04	-1.94	-1.51
Operating Expenses
Research & Development	0.00	0.00	-	8.78	9.46	0.00	8.55	6.19	1.18	0.11
Selling, General & Administrative	24.09	42.95	42.95	68.05	125.99	137.54	81.98	42.30	12.01	4.72
Operating Expenses	27.56	47.85	46.65	72.29	143.64	162.89	98.26	46.85	12.07	4.84
Operating Income	40.79	7.87	9.07	-17.02	-55.63	-84.28	-70.91	-40.81	-14.01	-6.35
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.34	0.00	0.01	0.38	0.01	0.02	0.00
Interest Expense	11.36	14.67	14.67	17.97	11.43	-10.45	-16.50	10.46	2.51	0.00
Other Income/Expense	-11.66	-15.29	-1.82	-2.04	-1.40	-7.34	3.07	-17.23	-12.15	0.07
Income
Income Before Tax	29.13	-7.42	-7.42	-37.02	-68.45	-91.61	-89.02	-58.04	-26.16	-6.28
Income Tax Expense	0.52	0.25	0.25	0.20	-1.06	-1.67	0.21	-19.54	-0.09	0.00
Net Income	124.86	-100.71	-100.71	-55.58	-70.86	-89.94	-89.23	-38.50	-26.07	-6.28
Net Income - Continuous Operations	124.86	-100.71	-7.67	-37.22	-67.39	-89.94	-89.23	-38.50	-26.07	-6.28
Net Income - Discontinued Operations	96.25	-	-93.04	-18.37	-3.47	-	-	-	-	-
EBITDA	49.37	16.94	19.34	8.65	-29.91	-59.11	-46.08	-36.84	-22.29	-5.76
EBIT	40.79	-	7.25	-19.05	-57.02	-84.28	-70.91	-	-	-
Depreciation & Amortization	8.89	9.69	3.70	4.24	17.65	20.69	24.83	10.74	2.46	0.52
Earnings Per Share
Basic EPS	3.00	-3.00	-3.00	-2.00	-4.00	-8.00	-50.00	-23.00	-22.00	-9.00
Diluted EPS	3.00	-3.00	-3.00	-2.00	-4.00	-8.00	-50.00	-23.00	-22.00	-9.00
Basic Shares Outstanding	47.47	35.41	35.41	22.32	17.63	11.43	2.09	1.69	1.19	0.68
Diluted Shares Outstanding	47.67	35.41	35.41	22.32	17.63	11.43	2.09	1.69	1.19	0.68

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About The Arena Group Holdings Financial Statements

What was The Arena Group Holdings's revenue in fiscal 2025?

The Arena Group Holdings reported revenue of $134.83M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 7.1% from $125.91M a year earlier.

Is The Arena Group Holdings profitable?

Yes. The Arena Group Holdings earned net income of $124.86M in fiscal 2025, a net margin of 92.6%. In fiscal 2024 it lost $100.71M.

What is The Arena Group Holdings's operating margin?

The Arena Group Holdings's operating income was $40.79M on revenue of $134.83M in fiscal 2025, an operating margin of 30.3%, compared with 6.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition