{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-010438","form_type":"8-K","ticker":"AREN","cik":"0000894871","company_name":"Arena Group Holdings, Inc.","filed_at":"2026-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.979091+00:00","generated_at":"2026-05-15T11:17:00.246556+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Arena Group FY2025 revenue $134.8M, income from continuing ops $28.6M","bullets":["Full-year 2025 revenue rose to $134.8M from $125.9M in 2024, driven by non-advertising growth.","Gross margin improved to 50.7% in 2025 versus 44.2% in the prior year.","Income from continuing operations was $28.6M in 2025, compared to a loss of $7.7M in 2024.","Debt principal reduced by $23.5M; cash balance increased to $10.3M from $4.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-010438","json":"https://secwatch.observer/filing/0001493152-26-010438.json","markdown":"https://secwatch.observer/filing/0001493152-26-010438.md","text":"https://secwatch.observer/filing/0001493152-26-010438.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/894871/000149315226010438/0001493152-26-010438-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/894871/000149315226010438/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T11:17:00.246556+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"15218d0343cfb41da4255d46e037b26a2ed7222b","claim":"Arena Group Holdings, Inc. reported preliminary financial results for the quarter and year ended December 31, 2025.","evidence_excerpt":"On March 17, 2026, The Arena Group Holdings, Inc. (the “Company”) posted to its investor relations website at https://investors.thearenagroup.net/events-and-presentations/presentations , as well as on its LinkedIn, Instagram and X (formerly known as Twitter) pages, a video presentation by Paul Edmondson, the Company’s Chief Executive Officer, discussing the Company’s business and financial results for the quarter and year ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315226010438/0001493152-26-010438-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2025"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"1e8054d8eb1ad44a052eddf4692d35d07b991f29","claim":"Arena Group Holdings, Inc. reported the year ended December 31, 2025 results: revenue $134.8 million, net income $28.6 million.","evidence_excerpt":"Full year revenue increased to $134.8 million in 2025 from $125.9 million in 2024 as the result of growth in our non-advertising revenue streams. Full year gross margin significantly expanded to 50.7% in 2025 compared to 44.2% in 2024. Income from continuing operations for 2025 was $28.6 million, up from a loss of $7.7 million in 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/894871/000149315226010438/0001493152-26-010438-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2025"},{"label":"Revenue","value":"$134.8 million"},{"label":"Net income","value":"$28.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}