Flagship explainer

How THE ARENA GROUP HOLDINGS, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$135M · 100%Cost of revenue$66.5M · 49%Gross profit$68.3M · 51%Operating income$40.8M · 30%Income before tax$29.1M · 22%Income tax$520000 · 0%Net income$125M · 93%As of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$135M100%
Cost of revenue$66.5M49%
$68.3M51%
$40.8M30%
Income before tax$29.1M22%
Income tax$5200000%
$125M93%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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