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Side-by-side financial comparison of Arena Group Holdings, Inc. (AREN) and Northfield Bancorp, Inc. (NFBK). Click either name above to swap in a different company.

Northfield Bancorp, Inc. is the larger business by last-quarter revenue ($41.3M vs $28.2M, roughly 1.5× Arena Group Holdings, Inc.). Arena Group Holdings, Inc. runs the higher net margin — 18.9% vs -1545.5%, a 1564.4% gap on every dollar of revenue. On growth, Northfield Bancorp, Inc. posted the faster year-over-year revenue change (12.7% vs -22.0%). Over the past eight quarters, Northfield Bancorp, Inc.'s revenue compounded faster (15.0% CAGR vs -1.2%).

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.

Northfield Bancorp, Inc. is a regional bank holding company based in the United States, operating primarily across the U.S. Northeast region. It provides a full range of personal and commercial banking services including deposit accounts, mortgage loans, commercial lending, and wealth management solutions for retail consumers, small to medium-sized businesses and local community clients.

AREN vs NFBK — Head-to-Head

Bigger by revenue
NFBK
NFBK
1.5× larger
NFBK
$41.3M
$28.2M
AREN
Growing faster (revenue YoY)
NFBK
NFBK
+34.7% gap
NFBK
12.7%
-22.0%
AREN
Higher net margin
AREN
AREN
1564.4% more per $
AREN
18.9%
-1545.5%
NFBK
Faster 2-yr revenue CAGR
NFBK
NFBK
Annualised
NFBK
15.0%
-1.2%
AREN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AREN
AREN
NFBK
NFBK
Revenue
$28.2M
$41.3M
Net Profit
$5.3M
$-27.4M
Gross Margin
43.6%
Operating Margin
26.6%
-1263.3%
Net Margin
18.9%
-1545.5%
Revenue YoY
-22.0%
12.7%
Net Profit YoY
-22.5%
-343.6%
EPS (diluted)
$0.12
$-0.68

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.

Revenue
AREN
AREN
NFBK
NFBK
Q4 25
$28.2M
$41.3M
Q3 25
$29.8M
$39.2M
Q2 25
$45.0M
$38.9M
Q1 25
$31.8M
$34.8M
Q4 24
$36.2M
$36.7M
Q3 24
$33.6M
$31.8M
Q2 24
$27.2M
$31.5M
Q1 24
$28.9M
$31.3M
Net Profit
AREN
AREN
NFBK
NFBK
Q4 25
$5.3M
$-27.4M
Q3 25
$6.9M
$10.8M
Q2 25
$108.6M
$9.6M
Q1 25
$4.0M
$7.9M
Q4 24
$6.9M
$11.3M
Q3 24
$4.0M
$6.5M
Q2 24
$-8.2M
$6.0M
Q1 24
$-103.4M
$6.2M
Gross Margin
AREN
AREN
NFBK
NFBK
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%
Operating Margin
AREN
AREN
NFBK
NFBK
Q4 25
26.6%
-1263.3%
Q3 25
31.9%
37.7%
Q2 25
36.5%
35.6%
Q1 25
23.1%
31.0%
Q4 24
28.6%
38.0%
Q3 24
24.0%
27.9%
Q2 24
-9.5%
29.1%
Q1 24
-27.5%
27.2%
Net Margin
AREN
AREN
NFBK
NFBK
Q4 25
18.9%
-1545.5%
Q3 25
23.1%
27.4%
Q2 25
241.4%
24.6%
Q1 25
12.6%
22.6%
Q4 24
19.0%
30.7%
Q3 24
11.8%
20.5%
Q2 24
-30.1%
18.9%
Q1 24
-357.1%
19.9%
EPS (diluted)
AREN
AREN
NFBK
NFBK
Q4 25
$0.12
$-0.68
Q3 25
$0.14
$0.27
Q2 25
$2.28
$0.24
Q1 25
$0.08
$0.19
Q4 24
$1.23
$0.27
Q3 24
$0.11
$0.16
Q2 24
$-0.28
$0.14
Q1 24
$-3.91
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AREN
AREN
NFBK
NFBK
Cash + ST InvestmentsLiquidity on hand
$10.3M
$164.0M
Total DebtLower is stronger
$97.6M
Stockholders' EquityBook value
$-4.8M
$690.1M
Total Assets
$112.6M
$5.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AREN
AREN
NFBK
NFBK
Q4 25
$10.3M
$164.0M
Q3 25
$12.5M
$131.7M
Q2 25
$6.8M
$97.6M
Q1 25
$2.9M
$101.7M
Q4 24
$4.4M
$167.7M
Q3 24
$5.8M
$232.9M
Q2 24
$6.1M
$153.5M
Q1 24
$4.0M
$238.8M
Total Debt
AREN
AREN
NFBK
NFBK
Q4 25
$97.6M
Q3 25
$110.5M
Q2 25
$110.5M
Q1 25
$110.5M
Q4 24
$110.4M
$666.4M
Q3 24
$102.4M
Q2 24
$102.4M
Q1 24
$102.3M
Stockholders' Equity
AREN
AREN
NFBK
NFBK
Q4 25
$-4.8M
$690.1M
Q3 25
$-10.4M
$719.6M
Q2 25
$-17.3M
$710.3M
Q1 25
$-126.1M
$711.1M
Q4 24
$-130.3M
$704.7M
Q3 24
$-137.5M
$699.6M
Q2 24
$-157.2M
$693.0M
Q1 24
$-149.6M
$698.4M
Total Assets
AREN
AREN
NFBK
NFBK
Q4 25
$112.6M
$5.8B
Q3 25
$121.4M
$5.7B
Q2 25
$127.8M
$5.7B
Q1 25
$114.6M
$5.7B
Q4 24
$116.4M
$5.7B
Q3 24
$114.2M
$5.7B
Q2 24
$113.4M
$5.7B
Q1 24
$120.3M
$5.9B
Debt / Equity
AREN
AREN
NFBK
NFBK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.95×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AREN
AREN
NFBK
NFBK
Operating Cash FlowLast quarter
$13.1M
$53.7M
Free Cash FlowOCF − Capex
$52.5M
FCF MarginFCF / Revenue
127.1%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
2.46×
TTM Free Cash FlowTrailing 4 quarters
$89.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AREN
AREN
NFBK
NFBK
Q4 25
$13.1M
$53.7M
Q3 25
$12.2M
$13.9M
Q2 25
$10.3M
$14.1M
Q1 25
$3.7M
$9.4M
Q4 24
$-8.6M
$31.1M
Q3 24
$-2.3M
$14.0M
Q2 24
$-3.2M
$6.9M
Q1 24
$-2.0M
$4.2M
Free Cash Flow
AREN
AREN
NFBK
NFBK
Q4 25
$52.5M
Q3 25
$13.6M
Q2 25
$13.9M
Q1 25
$9.2M
Q4 24
$30.0M
Q3 24
$-2.4M
$13.7M
Q2 24
$6.7M
Q1 24
$3.8M
FCF Margin
AREN
AREN
NFBK
NFBK
Q4 25
127.1%
Q3 25
34.6%
Q2 25
35.7%
Q1 25
26.3%
Q4 24
81.6%
Q3 24
-7.1%
43.2%
Q2 24
21.1%
Q1 24
12.1%
Capex Intensity
AREN
AREN
NFBK
NFBK
Q4 25
2.8%
Q3 25
0.0%
0.8%
Q2 25
0.6%
Q1 25
0.7%
Q4 24
3.1%
Q3 24
0.1%
0.7%
Q2 24
0.8%
Q1 24
1.4%
Cash Conversion
AREN
AREN
NFBK
NFBK
Q4 25
2.46×
Q3 25
1.77×
1.29×
Q2 25
0.09×
1.48×
Q1 25
0.91×
1.20×
Q4 24
-1.25×
2.76×
Q3 24
-0.59×
2.14×
Q2 24
1.16×
Q1 24
0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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