---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-023731"
form_type: "8-K"
ticker: "AREN"
cik: "0000894871"
company_name: "Arena Group Holdings, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:47:43.229148+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Arena Group Q2 revenue up 67% to $45M; EPS $0.26 vs loss; buyback authorized

## Summary
- Revenue $45.0M (+67% YoY); income from continuing ops $12.4M ($0.26 diluted EPS) vs loss of $6.9M (-$0.24) in Q2 2024.
- Adjusted EBITDA $19M vs $4M in Q2 2024, a 375% increase.
- Board authorized repurchase of up to 3 million shares through July 31, 2026.
- Pageview growth: Men's Journal +479%, TheStreet +100%, Parade +70%, Athlon Sports +38%.
- Non-advertising revenue more than doubled (+107%) YoY.

## SEC filing metadata
- accession: 0001641172-25-023731
- form_type: 8-K
- ticker: AREN
- cik: 0000894871
- company_name: Arena Group Holdings, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/894871/000164117225023731/0001641172-25-023731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894871/000164117225023731/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-023731
- JSON: https://secwatch.observer/filing/0001641172-25-023731.json
- Plain text: https://secwatch.observer/filing/0001641172-25-023731.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.