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Side-by-side financial comparison of ACNB CORP (ACNB) and Arena Group Holdings, Inc. (AREN). Click either name above to swap in a different company.
ACNB CORP is the larger business by last-quarter revenue ($47.2M vs $28.2M, roughly 1.7× Arena Group Holdings, Inc.). ACNB CORP runs the higher net margin — 22.9% vs 18.9%, a 4.0% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs -22.0%). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs -1.2%).
ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.
Arena Racing Company, also called ARC Racing and Leisure Group is a UK private company, created in 2012 by the merger of Arena Leisure and Northern Racing. It owns and operates 16 racecourses in Great Britain, accounting for 39% of British racing fixtures. It also operates hotels at Wolverhampton Racecourse, Lingfield Park Racecourse and Doncaster Racecourse and golf courses at Lingfield, Southwell and Newcastle.
ACNB vs AREN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.2M | $28.2M |
| Net Profit | $10.8M | $5.3M |
| Gross Margin | — | 43.6% |
| Operating Margin | 27.9% | 26.6% |
| Net Margin | 22.9% | 18.9% |
| Revenue YoY | 42.2% | -22.0% |
| Net Profit YoY | 63.8% | -22.5% |
| EPS (diluted) | $1.10 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $47.2M | $28.2M | ||
| Q3 25 | $50.9M | $29.8M | ||
| Q2 25 | $50.3M | $45.0M | ||
| Q1 25 | $43.5M | $31.8M | ||
| Q4 24 | $33.2M | $36.2M | ||
| Q3 24 | $34.1M | $33.6M | ||
| Q2 24 | $33.3M | $27.2M | ||
| Q1 24 | $31.6M | $28.9M |
| Q4 25 | $10.8M | $5.3M | ||
| Q3 25 | $14.9M | $6.9M | ||
| Q2 25 | $11.6M | $108.6M | ||
| Q1 25 | $-272.0K | $4.0M | ||
| Q4 24 | $6.6M | $6.9M | ||
| Q3 24 | $7.2M | $4.0M | ||
| Q2 24 | $11.3M | $-8.2M | ||
| Q1 24 | $6.8M | $-103.4M |
| Q4 25 | — | 43.6% | ||
| Q3 25 | — | 50.2% | ||
| Q2 25 | — | 56.5% | ||
| Q1 25 | — | 49.3% | ||
| Q4 24 | — | 52.6% | ||
| Q3 24 | — | 50.6% | ||
| Q2 24 | — | 39.4% | ||
| Q1 24 | — | 30.9% |
| Q4 25 | 27.9% | 26.6% | ||
| Q3 25 | 37.2% | 31.9% | ||
| Q2 25 | 29.7% | 36.5% | ||
| Q1 25 | -1.3% | 23.1% | ||
| Q4 24 | 24.8% | 28.6% | ||
| Q3 24 | 27.6% | 24.0% | ||
| Q2 24 | 42.8% | -9.5% | ||
| Q1 24 | 26.9% | -27.5% |
| Q4 25 | 22.9% | 18.9% | ||
| Q3 25 | 29.2% | 23.1% | ||
| Q2 25 | 23.2% | 241.4% | ||
| Q1 25 | -0.6% | 12.6% | ||
| Q4 24 | 19.9% | 19.0% | ||
| Q3 24 | 21.1% | 11.8% | ||
| Q2 24 | 33.9% | -30.1% | ||
| Q1 24 | 21.4% | -357.1% |
| Q4 25 | $1.10 | $0.12 | ||
| Q3 25 | $1.42 | $0.14 | ||
| Q2 25 | $1.11 | $2.28 | ||
| Q1 25 | $-0.03 | $0.08 | ||
| Q4 24 | $0.77 | $1.23 | ||
| Q3 24 | $0.84 | $0.11 | ||
| Q2 24 | $1.32 | $-0.28 | ||
| Q1 24 | $0.80 | $-3.91 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $65.6M | $10.3M |
| Total DebtLower is stronger | $255.4M | $97.6M |
| Stockholders' EquityBook value | $420.0M | $-4.8M |
| Total Assets | $3.2B | $112.6M |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.6M | $10.3M | ||
| Q3 25 | $102.1M | $12.5M | ||
| Q2 25 | $103.1M | $6.8M | ||
| Q1 25 | $123.6M | $2.9M | ||
| Q4 24 | $47.3M | $4.4M | ||
| Q3 24 | $58.1M | $5.8M | ||
| Q2 24 | $86.3M | $6.1M | ||
| Q1 24 | $53.1M | $4.0M |
| Q4 25 | $255.4M | $97.6M | ||
| Q3 25 | $255.4M | $110.5M | ||
| Q2 25 | $255.4M | $110.5M | ||
| Q1 25 | $255.3M | $110.5M | ||
| Q4 24 | $255.3M | $110.4M | ||
| Q3 24 | $255.3M | $102.4M | ||
| Q2 24 | $255.3M | $102.4M | ||
| Q1 24 | $255.3M | $102.3M |
| Q4 25 | $420.0M | $-4.8M | ||
| Q3 25 | $408.6M | $-10.4M | ||
| Q2 25 | $395.2M | $-17.3M | ||
| Q1 25 | $386.9M | $-126.1M | ||
| Q4 24 | $303.3M | $-130.3M | ||
| Q3 24 | $306.8M | $-137.5M | ||
| Q2 24 | $289.3M | $-157.2M | ||
| Q1 24 | $279.9M | $-149.6M |
| Q4 25 | $3.2B | $112.6M | ||
| Q3 25 | $3.3B | $121.4M | ||
| Q2 25 | $3.3B | $127.8M | ||
| Q1 25 | $3.3B | $114.6M | ||
| Q4 24 | $2.4B | $116.4M | ||
| Q3 24 | $2.4B | $114.2M | ||
| Q2 24 | $2.5B | $113.4M | ||
| Q1 24 | $2.4B | $120.3M |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.62× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.84× | — | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.91× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $53.6M | $13.1M |
| Free Cash FlowOCF − Capex | $52.6M | — |
| FCF MarginFCF / Revenue | 111.4% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | 4.96× | 2.46× |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $53.6M | $13.1M | ||
| Q3 25 | $23.2M | $12.2M | ||
| Q2 25 | $17.8M | $10.3M | ||
| Q1 25 | $-71.0K | $3.7M | ||
| Q4 24 | $39.8M | $-8.6M | ||
| Q3 24 | $13.6M | $-2.3M | ||
| Q2 24 | $9.7M | $-3.2M | ||
| Q1 24 | $10.8M | $-2.0M |
| Q4 25 | $52.6M | — | ||
| Q3 25 | $22.8M | — | ||
| Q2 25 | $17.6M | — | ||
| Q1 25 | $-730.0K | — | ||
| Q4 24 | $38.8M | — | ||
| Q3 24 | $13.3M | $-2.4M | ||
| Q2 24 | $9.4M | — | ||
| Q1 24 | $10.7M | — |
| Q4 25 | 111.4% | — | ||
| Q3 25 | 44.7% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | -1.7% | — | ||
| Q4 24 | 117.0% | — | ||
| Q3 24 | 39.1% | -7.1% | ||
| Q2 24 | 28.3% | — | ||
| Q1 24 | 33.9% | — |
| Q4 25 | 2.3% | — | ||
| Q3 25 | 0.8% | 0.0% | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 0.7% | 0.1% | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 4.96× | 2.46× | ||
| Q3 25 | 1.56× | 1.77× | ||
| Q2 25 | 1.52× | 0.09× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | 6.03× | -1.25× | ||
| Q3 24 | 1.88× | -0.59× | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
