Arena Group Holdings, Inc. Income Statement
AREN|10 years of annual SEC 10-K data (FY2016-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$135M
FY2025
Gross Profit
$68M
50.7% gross margin
Operating Income
$41M
FY2025
Net Income
$125M
FY2025
Arena Group Holdings, Inc. reported $135M in revenue and $125M in net income for FY2025. Revenue has grown at a 154.3% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Negative shareholders equity: Liabilities exceed assets
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
- Profit margin: 92.6% of revenue retained as profit
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $134.8M | $16.9M | $143.6M | $13.3M | $189.1M | $128.0M | $53.3M | $77.0K | $77.0K | $0 |
| Cost of Revenue | $66.5M | $88.4M | $88.4M | $110.5M | $110.5M | $103.1M | $47.3M | $1.6M | $1.6M | $0 |
| Gross Profit | $68.3M | $55.3M | $55.3M | $78.6M | $78.6M | $25.0M | $6.0M | -$1.5M | -$1.5M | $0 |
| SG&A Expense | $17.1M | $43.8M | $43.8M | $55.6M | $55.6M | $36.0M | $29.5M | $4.7M | $4.7M | $1.8M |
| R&D Expense | - | - | - | - | - | - | - | $114.9K | $114.9K | $411.7K |
| Operating Income | $40.8M | -$17.5M | -$17.5M | -$84.3M | -$84.3M | -$71.2M | -$40.8M | -$6.3M | -$6.3M | -$2.2M |
| Interest Expense | $11.4M | $18.0M | $18.0M | $10.4M | $10.4M | $16.5M | $10.5M | $2.5M | - | - |
| Income Tax | $520.0K | $197.0K | $197.0K | -$1.7M | -$1.7M | $210.8K | $210.8K | -$91.6K | $0 | $0 |
| Net Income | $124.9M | -$55.6M | -$55.6M | -$89.9M | -$89.9M | -$89.2M | -$38.5M | -$6.3M | -$6.3M | -$2.2M |
| EPS (Basic) | -$2.85 | -$2.49 | -$4.02 | -$7.87 | - | - | - | - | - | - |
| EPS (Diluted) | -$2.85 | -$2.49 | -$4.02 | - | -$50.18 | -$1.04 | -$0.36 | -$0.42 | -$0.65 | -$0.65 |
| Shares Outstanding | 47.6M | 23.8M | 18.3M | 12.6M | 10.4M | 37.1M | 35.8M | 28.5M | 22.0M | 22.0M |
| Gross Margin | 50.7% | 327.2% | 38.5% | 593.1% | 41.6% | 19.5% | 11.3% | -1965.9% | -1965.9% | - |
| Operating Margin | 30.3% | -103.4% | -12.2% | -635.9% | -44.6% | -55.6% | -76.5% | -8246.4% | -8246.4% | - |
| Profit Margin | 92.6% | -329.0% | -38.7% | -678.6% | -47.5% | -69.7% | -72.2% | -8162.0% | -8162.0% | - |