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Side-by-side financial comparison of Arena Group Holdings, Inc. (AREN) and ORASURE TECHNOLOGIES INC (OSUR). Click either name above to swap in a different company.
Arena Group Holdings, Inc. is the larger business by last-quarter revenue ($28.2M vs $26.8M, roughly 1.1× ORASURE TECHNOLOGIES INC). Arena Group Holdings, Inc. runs the higher net margin — 18.9% vs -72.1%, a 90.9% gap on every dollar of revenue. On growth, Arena Group Holdings, Inc. posted the faster year-over-year revenue change (-22.0% vs -28.5%). Over the past eight quarters, Arena Group Holdings, Inc.'s revenue compounded faster (-1.2% CAGR vs -29.7%).
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.
OraSure Technologies, Inc. is a Bethlehem, Pennsylvania–based company in the medical device industry. Their products include diagnostic testing kits. The company had recently developed OraQuick testing kit, the first over-the-counter home HIV test.
AREN vs OSUR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $28.2M | $26.8M |
| Net Profit | $5.3M | $-19.3M |
| Gross Margin | 43.6% | 41.0% |
| Operating Margin | 26.6% | -75.1% |
| Net Margin | 18.9% | -72.1% |
| Revenue YoY | -22.0% | -28.5% |
| Net Profit YoY | -22.5% | -78.7% |
| EPS (diluted) | $0.12 | $-0.28 |
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 | $28.2M | $26.8M | ||
| Q3 25 | $29.8M | $27.1M | ||
| Q2 25 | $45.0M | $31.2M | ||
| Q1 25 | $31.8M | $29.9M | ||
| Q4 24 | $36.2M | $37.4M | ||
| Q3 24 | $33.6M | $39.9M | ||
| Q2 24 | $27.2M | $54.3M | ||
| Q1 24 | $28.9M | $54.1M |
| Q4 25 | $5.3M | $-19.3M | ||
| Q3 25 | $6.9M | $-13.7M | ||
| Q2 25 | $108.6M | $-19.7M | ||
| Q1 25 | $4.0M | $-16.0M | ||
| Q4 24 | $6.9M | $-10.8M | ||
| Q3 24 | $4.0M | $-4.5M | ||
| Q2 24 | $-8.2M | $-615.0K | ||
| Q1 24 | $-103.4M | $-3.6M |
| Q4 25 | 43.6% | 41.0% | ||
| Q3 25 | 50.2% | 43.5% | ||
| Q2 25 | 56.5% | 42.1% | ||
| Q1 25 | 49.3% | 41.1% | ||
| Q4 24 | 52.6% | 36.2% | ||
| Q3 24 | 50.6% | 42.8% | ||
| Q2 24 | 39.4% | 45.4% | ||
| Q1 24 | 30.9% | 44.5% |
| Q4 25 | 26.6% | -75.1% | ||
| Q3 25 | 31.9% | -59.4% | ||
| Q2 25 | 36.5% | -57.7% | ||
| Q1 25 | 23.1% | -59.3% | ||
| Q4 24 | 28.6% | -33.2% | ||
| Q3 24 | 24.0% | -15.0% | ||
| Q2 24 | -9.5% | -5.0% | ||
| Q1 24 | -27.5% | -13.1% |
| Q4 25 | 18.9% | -72.1% | ||
| Q3 25 | 23.1% | -50.6% | ||
| Q2 25 | 241.4% | -63.0% | ||
| Q1 25 | 12.6% | -53.6% | ||
| Q4 24 | 19.0% | -28.8% | ||
| Q3 24 | 11.8% | -11.3% | ||
| Q2 24 | -30.1% | -1.1% | ||
| Q1 24 | -357.1% | -6.6% |
| Q4 25 | $0.12 | $-0.28 | ||
| Q3 25 | $0.14 | $-0.19 | ||
| Q2 25 | $2.28 | $-0.26 | ||
| Q1 25 | $0.08 | $-0.21 | ||
| Q4 24 | $1.23 | $-0.14 | ||
| Q3 24 | $0.11 | $-0.06 | ||
| Q2 24 | $-0.28 | $-0.01 | ||
| Q1 24 | $-3.91 | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.3M | $199.3M |
| Total DebtLower is stronger | $97.6M | — |
| Stockholders' EquityBook value | $-4.8M | $340.8M |
| Total Assets | $112.6M | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.3M | $199.3M | ||
| Q3 25 | $12.5M | $216.5M | ||
| Q2 25 | $6.8M | $234.6M | ||
| Q1 25 | $2.9M | $247.6M | ||
| Q4 24 | $4.4M | $267.8M | ||
| Q3 24 | $5.8M | $278.6M | ||
| Q2 24 | $6.1M | $267.4M | ||
| Q1 24 | $4.0M | $263.8M |
| Q4 25 | $97.6M | — | ||
| Q3 25 | $110.5M | — | ||
| Q2 25 | $110.5M | — | ||
| Q1 25 | $110.5M | — | ||
| Q4 24 | $110.4M | — | ||
| Q3 24 | $102.4M | — | ||
| Q2 24 | $102.4M | — | ||
| Q1 24 | $102.3M | — |
| Q4 25 | $-4.8M | $340.8M | ||
| Q3 25 | $-10.4M | $362.0M | ||
| Q2 25 | $-17.3M | $380.7M | ||
| Q1 25 | $-126.1M | $396.3M | ||
| Q4 24 | $-130.3M | $410.3M | ||
| Q3 24 | $-137.5M | $425.6M | ||
| Q2 24 | $-157.2M | $425.8M | ||
| Q1 24 | $-149.6M | $426.3M |
| Q4 25 | $112.6M | $403.2M | ||
| Q3 25 | $121.4M | $423.1M | ||
| Q2 25 | $127.8M | $445.0M | ||
| Q1 25 | $114.6M | $457.6M | ||
| Q4 24 | $116.4M | $479.7M | ||
| Q3 24 | $114.2M | $464.1M | ||
| Q2 24 | $113.4M | $466.3M | ||
| Q1 24 | $120.3M | $467.6M |
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 | $13.1M | $-9.0M |
| Free Cash FlowOCF − Capex | — | $-9.9M |
| FCF MarginFCF / Revenue | — | -37.1% |
| Capex IntensityCapex / Revenue | — | 3.4% |
| Cash ConversionOCF / Net Profit | 2.46× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-53.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $-9.0M | ||
| Q3 25 | $12.2M | $-10.1M | ||
| Q2 25 | $10.3M | $-10.2M | ||
| Q1 25 | $3.7M | $-19.7M | ||
| Q4 24 | $-8.6M | $109.0K | ||
| Q3 24 | $-2.3M | $12.7M | ||
| Q2 24 | $-3.2M | $7.8M | ||
| Q1 24 | $-2.0M | $6.7M |
| Q4 25 | — | $-9.9M | ||
| Q3 25 | — | $-11.0M | ||
| Q2 25 | — | $-12.2M | ||
| Q1 25 | — | $-20.2M | ||
| Q4 24 | — | $-347.0K | ||
| Q3 24 | $-2.4M | $12.5M | ||
| Q2 24 | — | $6.2M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | — | -37.1% | ||
| Q3 25 | — | -40.6% | ||
| Q2 25 | — | -38.9% | ||
| Q1 25 | — | -67.3% | ||
| Q4 24 | — | -0.9% | ||
| Q3 24 | -7.1% | 31.4% | ||
| Q2 24 | — | 11.5% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | — | 3.4% | ||
| Q3 25 | 0.0% | 3.4% | ||
| Q2 25 | — | 6.2% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.2% | ||
| Q3 24 | 0.1% | 0.4% | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 2.9% |
| Q4 25 | 2.46× | — | ||
| Q3 25 | 1.77× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.91× | — | ||
| Q4 24 | -1.25× | — | ||
| Q3 24 | -0.59× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AREN
Segment breakdown not available.
OSUR
| Product And Services | $24.9M | 93% |
| Other | $1.9M | 7% |
