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Paradium.AI (PAAI) earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · Paradium.AI (PAAI) Q2 2026 earnings results →

Q2 2026 Revenue down 51% year over year to $22.2M · 1¢ of every $1 of revenue lost · operating margin 10.3%

Paradium.AI made $22.2M in Q2 2026 (-51% Y/Y): Digital revenue $22.0M, Print revenue $211K. Operating margin 10.3%, net loss $176K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.

Revenue$22.2M
Year over year-51%
Operating margin10.3%
Net earnings−$176K
Operating cash flow$90K

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $22.2M in Q2 2026, down 51% year over year and up 9% from the previous quarter. Digital advertising was the largest line at 60% of revenue. Digital advertising lost $18.4M year over year (down 58%), 80% of the total change.

Gross margin was 39.1%, down 17.4 points from Q2 2025. Operating profit was $2.3M, a 10.3% margin (down 26.2 points year over year). Operating expenses fell 29% while revenue fell 51%. The quarter ended with a net loss of $176K, narrower than the previous quarter's $2.7M loss. Net interest and other expense of $2.5M was the main reason.

Operating cash flow was $90K (down 99% year over year). Non-cash charges added back $908K of depreciation and amortization and $45K of share-based compensation. Working capital and other items used $687K.

Quarterly history

Paradium.AI revenue by quarterParadium.AI revenue by quarter$36.2MQ4 2024$31.8MQ1 2025$45.0MQ2 2025$29.8MQ3 2025$28.2MQ4 2025$20.4MQ1 2026$22.2MQ2 2026
Paradium.AI net earnings by quarterParadium.AI net earnings by quarter$6.9MQ4 2024$4.0MQ1 2025$109MQ2 2025$6.9MQ3 2025$5.3MQ4 2025−$2.7MQ1 2026−$176KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 10, 2026$22.2M-51%10.3%−$176K$90K
Q1 202610-QMay 11, 2026$20.4M-36%-1.5%−$2.7M$2.0M
Q4 202510-KMar 16, 2026$28.2M-22%26.6%$5.3M$13.1M
Q3 202510-QNov 13, 2025$29.8M-11%31.9%$6.9M$12.2M
Q2 202510-QAug 14, 2025$45.0M+66%36.5%$109M$10.3M
Q1 202510-QMay 15, 2025$31.8M+10%23.1%$4.0M$3.7M
Q4 202410-KApr 15, 2025$36.2M-18%28.6%$6.9M−$8.6M

Charts

Paradium.AI: revenue growth, year over year and quarter over quarterParadium.AI: revenue growth, year over year and quarter over quarterY/YQ/Q-18%Q4 2024+10%-12%Q1 2025+66%+41%Q2 2025-11%-34%Q3 2025-22%-5%Q4 2025-36%-28%Q1 2026-51%+9%Q2 2026
Latest (Q2 2026): Y/Y -51%, Q/Q +9%.
Paradium.AI: where the cash came from (+) and went (−), TTM to Q2 2026Paradium.AI: where the cash came from (+) and went (−), TTM to Q2 2026Operating cash flow$27.3MOther financing−$13.0MOther investing−$7.3MCash drawn (+) / kept (−)−$4.4MNet borrowing (+) / repaid (−)−$2.7MTaxes on employees’ shares−$13K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Paradium.AI: profit against cash, quarter by quarterParadium.AI: profit against cash, quarter by quarterNet incomeOperating cash flow$4.0M−$2.3MQ3 2024$6.9M−$8.6MQ4 2024$4.0M$3.7MQ1 2025$109M$10.3MQ2 2025$6.9M$12.2MQ3 2025$5.3M$13.1MQ4 2025−$2.7M$2.0MQ1 2026−$176K$90KQ2 2026
Latest (Q2 2026): Net income −$176K, Operating cash flow $90K.
Paradium.AI: diluted shares by fiscal year (split-adjusted)Paradium.AI: diluted shares by fiscal year (split-adjusted)10MFY202011MFY202118MFY202222MFY202335MFY202448MFY2025
+356.1% since FY2020: more shares outstanding (issuance, stock pay); earlier years scaled for the 5-for-1 split before FY2021.
Paradium.AI in its industry: growth against margin (12 companies, SIC 4841)Paradium.AI in its industry: growth against margin (12 companies, SIC 4841)revenue growth, year over year →↑ operating marginmedian -5%median 10%CMCSACHTRWBDOPTULBTYAROKULILAAMCXCABOGLIBAADEAPAAI (-51%, 10%)
Cable & Other Pay Television Services; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🔄Rotation against the market and its industry (RRG)interactive

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🔍Earnings qualityinteractive

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⚖️Fair value by methodinteractive

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🔭Outlook & guidanceinteractive

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📈Investments: gains and what it boughtinteractive

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🏭Its industry’s money flow (input-output)interactive

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About Paradium.AI

The Arena Group Holdings, Inc. (“Arena Group,” “we,” or “our”) is a brand, data and IP company that builds, acquires, and scales high-performing digital assets. We combine technology, storytelling, and entrepreneurship to create deep content verticals that engage passionate audiences across sports & leisure, lifestyle, and finance. We utilize a proprietary entrepreneurial publishing model designed to scale digital content with high efficiency and minimal capital intensity. Central to this strategy is the alignment of editorial incentives with audience engagement. Our entrepreneurial publishing framework replaces traditional fixed labor costs with a performance-based, variable cost structure where individual creators contributing content to our owned and operated sites ("Expert Contributors") earn a share of revenue generated by their specific channels.

In its own words, from its 10-K, filed Mar 16, 2026.

Paradium.AI against its Cable & Other Pay Television Services peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -51% against the peers' median -5%. Operating margin: 10.3% against the peers' median 2.9%.

CompanyQuarterRevenueY/YOp. margin
PAAI Paradium.AIQ2 2026$22.2M-51%10.3%
CMCSA ComcastQ3 2026$29.3B-6%18.2%
CHTR Charter CommunicationsQ3 2026$14.9B+9%-23.6%
WBD Warner Bros. DiscoveryQ2 2026$8.7B-11%2.7%
OPTU Optimum CommunicationsQ3 2026$2.0B-5%-152.9%
LBTYA Liberty GlobalQ3 2026$1.9B+59%-0.9%
ROKU RokuQ3 2026$1.5B+24%10.9%
LILA Liberty Latin AmericaQ3 2026$1.1B+0.4%16.2%
AMCX AMC Global MediaQ2 2026$547M-9%2.9%

Source: Paradium.AI 10-Q on SEC EDGAR · CIK 894871 · Cable & Other Pay Television Services

13F: who owns PAAI and who is buying

Largest holders of PAAI (13F)Largest holders of PAAI (13F)Vanguard Group$5.1MVanguard Capital Management LLC$1.1MBlackRock$169KMillennium Management LLC$146KGeode Capital Management, LLC$109KGoldman Sachs Group$102KState Street$91KSusquehanna International Group, …$81KVanguard Fiduciary Trust$79KBridgeway Capital Management, LLC$62K
Funds' net buying of PAAI by quarter (13F)Funds' net buying of PAAI by quarter (13F)$2K2024-09$32K2024-12$145K2025-03$14.0M2025-06$1.7M2025-09−$268K2025-12−$536K2026-03−$735K2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on PAAI

History

Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results

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