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Arena Group Holdings, Inc. (AREN) Form 10-Q — May 11, 2026

$ARENForm 10-QFiled May 11, 2026, 4:03 PM ET0001628280-26-033427Original filing

For the three months ended March 31, 2026, Arena Group Holdings, Inc. reported a significant decline in revenue, down 35.9% to $20.406 million from $31.815 million in the same period of 2025. This decrease was primarily driven by a 47.9% reduction in digital advertising revenue to $11.361 million, reflecting changes in referral traffic patterns and lower monetization rates. The company's gross profit also decreased by 54.8% to $7.081 million, with a gross margin of 34.7% compared to 49.3% in the prior year.

Key figures

Revenue
20406
Total Debt
97592
Revenue Yoy
-35.9
Cash Position
11230
RPM
18.54
Monthly Average Page Views
206228655

Price after filing

1 day: -29.3%7 days: -42.6%30 days: -51.0%

Close on the filing date to close N calendar days later (from $2.63). Historical, not a forecast.

AI analysis

Red flags2 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.