Arena Group Holdings (AREN) Cost of Revenue (2017 - 2026)

Arena Group Holdings (AREN) has reported Cost of Revenue for 9 consecutive years, with $13.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 17.47% year-over-year to $13.3 million; the TTM figure through Mar 2026 stood at $63.7 million (down 4.02% YoY), while the FY2025 annual figure was $66.5 million, down 5.29% from the prior year.
• Cost of Revenue fell to $13.3 million in Q1 2026 per AREN's latest filing, from $15.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $40.5 million in Q3 2022 and bottomed at $13.3 million in Q1 2026.
• Historically, Cost of Revenue has averaged $22.3 million across 5 years, with a median of $20.0 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 48.66% — and 2023, when it plunged 44.57%.
• Arena Group Holdings' Cost of Revenue stood at $23.0 million in 2022, then climbed by 14.56% to $26.4 million in 2023, then slumped by 34.94% to $17.2 million in 2024, then declined by 7.18% to $15.9 million in 2025, then retreated by 16.32% to $13.3 million in 2026.
• Business Quant data shows AREN's Cost of Revenue at $13.3 million in Q1 2026, $15.9 million in Q4 2025, and $14.8 million in Q3 2025.