Arena Group Holdings (AREN) Cost of Revenue (2017 - 2026)
Arena Group Holdings (AREN) posted quarterly Cost of Revenue of $13.3 million for Q1 2026, down 17.47% year-over-year from $16.1 million in Q1 2025, and down 16.32% quarter-over-quarter from $15.9 million in Q4 2025.
Arena Group Holdings (AREN) Cost of Revenue (2017 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,214.79 Bn | 3,785.76 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,535.12 Bn | 1,444.86 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Taboola.com | 1,135.20 Bn | 1,135.07 Bn | 139.48 Mn | 337.35 Mn |
| 4 | Baidu | 289.13 Bn | 284.64 Bn | 1.88 Mn | 2.84 Bn |
| 5 | Spotify Technology | 102.98 Bn | 92.74 Bn | 1.75 Bn | 3.56 Bn |
| 6 | Joyy | 77.83 Bn | 76.94 Bn | 205.64 Mn | 376.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 131,586.00 |
| 8 | Nebius | 49.19 Bn | 39.56 Bn | 295.20 Mn | 103.80 Mn |
| 9 | 30.41 Bn | 27.63 Bn | 734.60 Mn | 70.31 Mn | |
| 10 | Arena Group Holdings | 76.46 Mn | 65.23 Mn | 7.08 Mn | 13.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.33 Mn |
| Mar 31, 2026 | 13.33 Mn |
| Dec 31, 2025 | 15.92 Mn |
| Dec 31, 2025 | 15.92 Mn |
| Sep 30, 2025 | 14.83 Mn |
| Sep 30, 2025 | 14.83 Mn |
| Jun 30, 2025 | 19.58 Mn |
| Jun 30, 2025 | 19.58 Mn |
| Mar 31, 2025 | 16.15 Mn |
| Mar 31, 2025 | 16.15 Mn |
| Dec 31, 2024 | 17.15 Mn |
| Dec 31, 2024 | 17.15 Mn |
| Sep 30, 2024 | 16.56 Mn |
| Sep 30, 2024 | 16.56 Mn |
| Jun 30, 2024 | 16.47 Mn |
| Jun 30, 2024 | 16.47 Mn |
| Mar 31, 2024 | 20.01 Mn |
| Mar 31, 2024 | 20.01 Mn |
| Dec 31, 2023 | 26.37 Mn |
| Dec 31, 2023 | 26.37 Mn |