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

Arena Group Holdings has disclosed Cost of Revenue across 9 years of filings, most recently posting $13.3 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 524.41% year-over-year to $13.3 million; the TTM figure through Mar 2026 stood at $31.7 million (down 61.47% YoY), while the FY2025 annual figure was $7.0 million, down 89.98% from the prior year.
• Cost of Revenue advanced to $13.3 million in Q1 2026, from $1.6 million in the prior quarter.
• Over the last five years, Cost of Revenue for AREN reached as high as $59.9 million in Q4 2024 and fell as low as -$37.7 million in Q4 2023.
• The 5-year median for Cost of Revenue is $14.8 million (2025), against an average of $13.8 million.
• Annual changes were most pronounced in 2023 — Cost of Revenue plunged 799.18% — and 2026, when it surged 524.41%.
• A 5-year view of Cost of Revenue shows it stood at $5.4 million in 2022, then tumbled by 799.18% to -$37.7 million in 2023, then soared by 258.67% to $59.9 million in 2024, then sank by 97.3% to $1.6 million in 2025, then surged by 725.08% to $13.3 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $13.3 million, $1.6 million, and $14.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.