The Arena Group Holdings, Inc. (AREN)

The Arena Group Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	134.83	125.91	143.63	220.94	189.14
Revenue Growth (YoY)	7.08%	-12.34%	-34.99%	16.81%	47.73%
Cost of Revenue	66.48	70.19	88.36	132.92	110.53
Gross Profit	68.35	55.72	55.27	88.01	78.61
Selling, General & Admin	24.09	42.95	68.05	125.99	137.54
Depreciation & Amortization Expenses	3.47	3.7	4.24	17.65	16.35
Other Operating Expenses	-	1.2	0.44	0.26	9
Total Operating Expenses	27.56	47.85	72.73	143.9	162.89
Operating Income	40.79	7.87	-17.46	-55.88	-84.28
Other Non-Operating Income (Expense)	-11.66	-15.29	-19.56	-12.57	-7.34
Total Non-Operating Income (Expense)	-11.66	-15.29	-19.56	-12.57	-7.34
Pretax Income	29.13	-7.42	-37.02	-68.45	-91.61
Provision for Income Taxes	0.52	0.25	0.2	-1.06	-1.67
Net Income	124.86	-100.71	-55.58	-70.86	-89.94
Earnings From Discontinued Operations	96.25	-93.04	-18.37	-3.47	-
Net Income to Common	124.86	-100.71	-55.58	-70.86	-89.94
Shares Outstanding (Basic)	47	35	22	18	11
Shares Outstanding (Diluted)	48	35	22	18	11
Shares Change (YoY)	34.63%	58.60%	26.66%	54.21%	446.87%
EPS (Basic)	2.63	-2.85	-2.49	-4.02	-7.87
EPS (Diluted)	2.62	-2.85	-2.49	-4.02	-7.87
Free Cash Flow	39.25	-16.13	-24.77	-11.83	-15.11
Free Cash Flow Per Share	0.82	-0.46	-1.11	-0.67	-1.32
Gross Margin	50.69%	44.25%	38.48%	39.84%	41.56%
Operating Margin	30.25%	6.25%	-12.16%	-25.29%	-44.56%
Profit Margin	21.22%	-6.09%	-25.91%	-30.50%	-47.55%
FCF Margin	29.11%	-12.81%	-17.25%	-5.36%	-7.99%
EBITDA	49.68	19.96	10.25	-28.77	-59.11
EBITDA Margin	36.85%	15.85%	7.13%	-13.02%	-31.25%
EBIT	40.79	7.87	-17.46	-55.88	-84.28
EBIT Margin	30.25%	6.25%	-12.16%	-25.29%	-44.56%
Effective Tax Rate	1.79%	-3.36%	-0.53%	1.55%	1.83%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q