FY2025 · ended Dec 31, 2025 · Revenue $134.83M, +7.1% YoY · Filed Apr 30, 2026
The Arena Group Holdings, Inc. (PAAI) files with the SEC under industry code 4841, Cable & Other Pay Television Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $134.8 million and net income of $124.9 million. Free cash flow was $39.2 million. As of Jun 30, 2026 it held $11.2 million in cash and investments and $99.9 million in total debt.
Revenue (TTM)
$100.59M
-31.4% vs year-ago TTM
Net income (TTM)
$9.37M
-92.4% vs year-ago TTM
Operating cash flow (TTM)
$27.33M
+794.5% vs year-ago TTM
Free cash flow
$39.25M
+343.3% vs prior year
EPS (TTM)
$0.20
-92.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
47.60M
+0.1% vs prior year
Net cash
$-88.71M
as of Jun 30, 2026
Operating margin
18.9%
FY 2026
Company profile
- Industry
- Cable & Other Pay Television Services (SIC 4841)
- Listed as
- PAAI (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Accelerated filer, Smaller reporting company
- SEC CIK
- 894871
- Former names
- Arena Group Holdings, Inc. (until Aug 13, 2026); theMaven, Inc. (until Feb 7, 2022); INTEGRATED SURGICAL SYSTEMS INC (until Dec 9, 2016)
Other Cable & Other Pay Television Services companies
- Comcast Corp CMCSA
- Roku, Inc ROKU
- Rogers Communications Inc RCI
- Charter Communications, Inc. /MO/ CHTR
- Liberty Global Ltd. LBTYA
- Adeia Inc. ADEA
- Liberty Latin America Ltd. LILA
- Liberty Capital Corp/NV GLIBA
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $134.8M | $125.9M | $143.6M | $220.9M | $189.1M |
| Operating income | $40.8M | $7.9M | -$17.5M | -$55.9M | -$84.3M |
| Net income | $124.9M | -$100.7M | -$55.6M | -$70.9M | -$89.9M |
| Diluted EPS | $2.62 | -$2.85 | -$2.49 | — | — |
| Operating cash flow | $39.2M | -$16.1M | -$24.8M | -$11.3M | -$14.7M |
| Free cash flow | $39.2M | -$16.1M | — | -$11.8M | -$15.1M |
| Total assets | $112.6M | $116.4M | $188.9M | $203.7M | $174.0M |
| Total liabilities | $117.4M | $246.5M | $247.7M | $242.7M | $211.8M |
| Stockholders' equity | -$4.8M | -$130.3M | -$59.0M | -$52.1M | -$51.7M |
| Cash and investments | $10.3M | $4.4M | $9.3M | $13.9M | $9.3M |
| Total debt | $100.1M | $112.7M | $205.0M | $66.5M | $71.3M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Sep 18, 2026 | Sep 14, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 18, 2026 | Sep 17, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change, Regulation FD disclosure
|
Sep 10, 2026 | Aug 31, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Aug 13, 2026 | Aug 7, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
All 916 The Arena Group Holdings, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.