Arena Group Holdings, Inc. (AREN) Form 8-K — May 11, 2026
Arena Group reported a steep decline in Q1 2026 financial results, with revenue falling 35.9% year-over-year to $20.4 million and the company swinging to a net loss of $2.7 million from a net income of $4.0 million in the prior year. Adjusted EBITDA dropped significantly to $1.7 million compared to $9.7 million in Q1 2025, primarily due to strategic testing initiatives and over $1 million in restructuring and legal fees. Despite the top-line contraction, the company highlighted growth in specific verticals, including a 72% year-over-year increase in its licensed badging business and a 165% jump in average weekly sales for Men’s Journal Spirits Shop.
Key figures
- Revenue
- 20406000
- Total Debt
- 97592000
- Revenue Yoy
- -35.9%
- Cash Position
- 11230000
- Gross Margin
- 34.8%
- Adjusted EBITDA
- 1703000
- Shares Outstanding
- 47602790
Price after filing
Close on the filing date to close N calendar days later (from $2.63). Historical, not a forecast.
AI analysis
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