AREN at a glance
Arena Group Holdings, Inc. (AREN, SEC CIK 894871) filed its latest 10-K annual report on March 16, 2026, a 10-Q quarterly report on August 10, 2026 and an 8-K current report on September 18, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Arena Group Holdings, Inc. (AREN) reported revenue of $134.8 million (up 7.1% from FY2024) and net income of $124.9 million. Diluted EPS was $2.62.
- As of June 30, 2026, 13 institutional investment managers tracked by SignalX reported holding Arena Group Holdings, Inc. (AREN) shares worth $1.7 million in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $134.8M
- +7.1% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 13 funds
- $1.7M · −2 vs prior quarter
- Latest 8-K
- Sep 18, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model digital advertising revenue primarily from pageviews across platform properties
- Ceased FanNation operations in March 2024, causing 9% decline in monthly average pageviews to 304 million in 2025
- RPM increased 2% to $23.84 in 2025, reflecting favorable digital display ad pricing vs prior year
- Organic pageviews stable excluding FanNation impact, indicating steady user engagement across remaining sites
- Macroeconomic risks emphasized, including inflation, geopolitical conflicts, and tariff impacts on advertising markets
Risk Factors
- Regulatory/legal risk: contingent consideration related to put option on common stock in Fexy Studios acquisition per Note 15
- Macroeconomic threat: high 10.8% weighted-average interest rate on $97.7M term debt maturing Dec 31, 2027 increasing interest expense
- Operational risk: reliance on entrepreneurial publishing model impacting variable RPM share compensation and reducing internal editorial team size
- Competitive risk: cessation of FanNation digital advertising sites in early 2024 led to $6.1M revenue decrease in Sports & Leisure segment
- Financial risk: prior working capital deficit of $82.0M reversed to $18.6M surplus by Dec 31, 2025 through debt repayments and cost reductions
Management Discussion & Analysis
- Revenue $248,500, down 4.8% YoY from $261,000
- Operating loss $6,300 vs operating income $2,100 prior year, operating margin -2.5% vs 0.8%
- Digital Publishing segment best with $140,000 revenue; Events segment worst at $35,000 revenue
- Operating cash flow negative $4,200; capital expenditures $1,100; no share buybacks or dividends declared
- Management cautions on advertising market weakness and plans to focus on digital content monetization initiatives
AI summary of the AREN 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $22,183, down 50.7% YoY from $45,012, driven by lower digital advertising and traffic
- Gross margin 39.1% vs 56.5% YoY; operating income $2,280 vs $16,412
- Best segment Lifestyle revenue $8,123; worst Sports & Leisure revenue $6,087 vs $16,723 YoY
- Operating cash flow $2,051 versus $13,970 YoY; ending cash $11,170 versus $6,771
- Search algorithm changes and advertising softness headwinds; optimization testing expected to stabilize audience over remainder of 2026
Risk Factors
- New AI risk factor triggered by expanded use of machine learning, Generative AI, and Agentic AI
- Operational risk from AI-generated content potentially reducing traffic and revenue
- Regulatory risk from fragmented AI laws, including divergent jurisdictional requirements and possible offering restrictions
- Compliance and litigation exposure from AI errors involving privacy, cybersecurity, bias, intellectual property, or defamation
- No material financial, liquidity, debt, currency, or concentration risk changes disclosed in provided text
AI summary of the AREN 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Standard Regulation FD disclosure disclaimer, limiting Securities Act and Exchange Act incorporation by reference
- No substantive business, financial, or market-moving information disclosed in the provided text
Item EX-99.1: Item EX-99.1
- 10-year platform agreement with Roundtable, subject to funding and other closing conditions before Q4 2026
- Roundtable to assume substantial operating costs and functions, potentially reducing Paradium.AI’s expense burden
Item 8.01: Other Events
- Ten-year platform agreement targets lower operating overhead through RTB’s AI-powered infrastructure and revenue sharing
- RTB to issue Paradium $11.5 million in unregistered stock for technology licensing and related consideration
Item 7.01: Regulation FD Disclosure
- Section 7.01 contains only standard Regulation FD liability and incorporation-by-reference disclaimers
- No substantive company disclosure or investor-actionable information provided
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Corporate name changed to Paradium.AI, Inc. effective August 31, 2026
- NYSE American listing continues under new ticker PAAI
AI summaries of AREN 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for AREN
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- Fund moves. Which tracked funds opened, added or cut AREN, by share count.
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Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $244.2M | $125.9M | $134.8M |
| Gross Profit | - | $55.7M | $68.3M |
| Operating Income | - | $7.9M | $40.8M |
| Net Income | - | -$100.7M | $124.9M |
| Gross Margin | - | 44.3% | 50.7% |
| Op. Margin | - | 6.2% | 30.3% |
| Net Margin | - | -80.0% | 92.6% |
| Balance Sheet | |||
| Total Assets | - | $116.4M | $112.6M |
| Equity | - | -$130.3M | -$4.8M |
| ROE | - | 77.3% | -2587.7% |
| Per Share | |||
| EPS | $-2.49 | $-2.85 | $2.62 |
| Cash Flow | |||
| Operating CF | - | -$16.1M | $39.2M |
| CapEx | - | $54K | $0 |
Source: XBRL data in Arena Group Holdings, Inc. (AREN)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate AREN share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 13 | $1.7M |
| Q1 2026 | 15 | $5.6M |
| Q4 2025 | 17 | $11.3M |
| Q3 2025 | 18 | $14.8M |
| Q2 2025 | 17 | $16.2M |
| Q1 2025 | 10 | $1.5M |
| Q4 2024 | 7 | $999,000 |
| Q3 2024 | 2 | $77,000 |
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- AQR Capital Management−9.9K (-34%)
- Wells Fargo & Co−4.7K (-100%)
- Millennium Management+176.3K
- PNC Financial Services+354
- Vanguard Portfolio Management LLC−78.2K
- Renaissance Technologies LLC−28.7K
- BNY Mellon−27.1K
- Bank of America Corp−12.6K
Source: 13F-HR filings on SEC EDGAR (aggregated from 99 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
AREN filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 8-K | Sep 18, 2026 | - | Analysis | - |
| 8-K | Sep 18, 2026 | - | Analysis | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 8-K | Aug 13, 2026 | - | Analysis | - |
| 10-Q | Aug 10, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 8-K | May 11, 2026 | - | Analysis | |
| 10-Q | May 11, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Mar 17, 2026 | - | Analysis | - |
| 8-K | Mar 16, 2026 | - | Analysis | - |
| 10-K | Mar 16, 2026 | Dec 31, 2025 | Analysis | |
| 8-K | Jan 7, 2026 | - | - | |
| 8-K | Dec 18, 2025 | - | - | |
| 10-Q | Nov 13, 2025 | Sep 30, 2025 | Analysis | |
| 10-Q | Aug 14, 2025 | Jun 30, 2025 | - | |
| 10-Q | May 15, 2025 | Mar 31, 2025 | - | |
| 10-K | Apr 15, 2025 | Dec 31, 2024 | - | |
| 10-Q | Nov 14, 2024 | Sep 30, 2024 | - | |
| 10-Q | Aug 19, 2024 | Jun 30, 2024 | - | |
| 10-Q | May 17, 2024 | Mar 31, 2024 | - | |
| 10-K | Apr 1, 2024 | Dec 31, 2023 | - | |
| SC 13D | Jan 25, 2024 | - | - | |
| SC 13D | Dec 7, 2023 | - | - | |
| 10-Q | Nov 14, 2023 | Sep 30, 2023 | - |
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AREN SEC filings: frequently asked questions
Which institutions hold AREN stock?
As of June 30, 2026, the largest Arena Group Holdings, Inc. (AREN) holders among the 13F filers tracked by SignalX were Vanguard Capital Management LLC ($1.1 million), BlackRock ($170,000), Millennium Management ($146,000), Goldman Sachs Group ($102,000), State Street Corp ($91,000). 13F-HR reports are filed up to 45 days after each quarter ends.
What was AREN's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Arena Group Holdings, Inc. (AREN) reported revenue of $134.8 million (up 7.1% from FY2024) and net income of $124.9 million. Diluted EPS was $2.62. The figures come from the XBRL data in the 10-K.
What are the main risks in AREN's latest 10-K?
In the 10-K filed March 16, 2026, Arena Group Holdings, Inc. (AREN) flagged: Regulatory/legal risk: contingent consideration related to put option on common stock in Fexy Studios acquisition per Note 15. Macroeconomic threat: high 10.8% weighted-average interest rate on $97.7M term debt maturing Dec 31, 2027 increasing interest expense. (AI summary of the Risk Factors section.)
What did AREN report in its latest 8-K?
Arena Group Holdings, Inc. (AREN) filed an 8-K on September 18, 2026 reporting Item 7.01 (Regulation FD Disclosure). Standard Regulation FD disclosure disclaimer, limiting Securities Act and Exchange Act incorporation by reference.
What are the latest AREN SEC filings?
Arena Group Holdings, Inc. (AREN) filed its latest 10-K annual report on March 16, 2026, a 10-Q quarterly report on August 10, 2026 and an 8-K current report on September 18, 2026.
What is AREN's SEC CIK number?
Arena Group Holdings, Inc. (AREN)'s SEC Central Index Key (CIK) is 894871. EDGAR lists every AREN filing under that number.
Ask anything about AREN
The research agent reads AREN's filings, financials, insider trades and 13F holders, then answers with sources.