ARX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $19.73
Market Cap (MRQ) $4.28B
P/E (TTM) -3.2
EPS (TTM) $-6.21
Revenue (TTM) $1.15B
ROE (TTM) -241.6%
52W Range $9–$20

ARX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$913M
2023-12-31 → 2025-12-31
EPS$-7.49
2023-12-31 → 2025-12-31
Net margin-112.1%
2025-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ARX 5Y avg Peer Median Verdict
P/E (TTM) -3.2 · · ·
P/S (TTM) 3.7 · · ·
P/B (MRQ) 6.0 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 45.4%
Next Report Nov 03, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Aug 13, 2026 $0.32 $0.16 94.3%
March 31, 2026 May 13, 2026 $0.17 $0.16 6.9%
Dec. 31, 2025 $0.23 $0.16 45.7%
Sept. 30, 2025 $0.39 $0.23 73.3%
June 30, 2025 $0.14 $0.13 6.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 9
Metric Trend 20252024
Revenue $913M$603M
SG&A Expense $400M$249M
Pretax Income $-1.32B$32M
Income Tax $23M$9M
Net Income $-1.35B$23M
EPS (Basic) $-7.49$0.16
EPS (Diluted) $-7.49$0.14
Shares (Basic) 190,260,158165,982,094
Shares (Diluted) 190,260,158199,663,694
Balance Sheet 13
Metric Trend 20252024
Cash & Equivalents $1.72B$1.23B
Goodwill $63M$31M
Intangibles $52M$33M
Total Assets $8.26B$6.09B
Total Liabilities $7.54B$5.67B
Long-term Debt $121M$121M
Common Stock $0$0
Paid-in Capital $2.23B$125M
Retained Earnings $-1.54B$-183M
AOCI $2M$-20M
Stockholders' Equity $698M$304M
Liabilities + Equity $8.26B$6.09B
Shares Outstanding 221,822,346166,185,094
Cash Flow 11
Metric Trend 20252024
D&A $35M$27M
Stock-based Comp $43M$8M
Deferred Tax $-32M$-41M
Amort. of Intangibles $5M$3M
Operating Cash Flow $445M$786M
Investing Cash Flow $-174M$-380M
Net Debt Issued $-5M·
Stock Issued $392M$0
Net Stock Activity $392M·
Financing Cash Flow $206M$110M
Taxes Paid $59M$46M
Profitability 4
Metric Trend 20252024
Net Margin -147.3%·
Pretax Margin -144.8%·
ROA -18.7%·
ROE -268.5%·
Efficiency 1
Metric Trend 20252024
Asset Turnover 0.1·
Per Share 3
Metric Trend 20252024
Revenue / Share $4.80·
Cash Flow / Share $2.34·
EPS (TTM) $-7.49·
Growth Rates 1
Metric Trend 20252024
Revenue YoY 51.5%75.2%
Valuation (TTM) 4
Metric Trend 20252024
Revenue TTM $913M·
Net Income TTM $-1.35B·
P/E -2.2·
Earnings Yield -45.8%·

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-31
Revenue $913M $603M $344M
Net Income $-1.35B $23M $-64M
Diluted EPS $-7.49 $0.14 $-0.29

Institutional owners (13F) 126 filers · $798.0M total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 126
Value held $798.0M
New positions 38
Exited positions 25
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
38 (+4 vs prior Q) 25 (+4 vs prior Q) 43 (+8 vs prior Q) 27 (+3 vs prior Q) +8.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
SECURITY BENEFIT LIFE INSURANCE CO /KS/ $68,752,532 5,866,257 8.62% Shares
FMR LLC $65,968,117 5,628,679 8.27% Shares
Capital World Investors $54,224,502 4,626,664 6.80% Shares
Keenan Capital, LLC $46,797,058 3,992,923 5.86% Shares
AMERICAN CENTURY COMPANIES INC $45,445,695 3,877,619 5.69% Shares
GILDER GAGNON HOWE & CO LLC $43,739,321 3,732,024 5.48% Shares
BlackRock, Inc. $40,976,318 3,496,273 5.13% Shares
BARINGS LLC $37,608,981 3,128,867 4.71% Shares
VANGUARD GROUP INC $36,544,474 2,235,136 4.58% Shares
Azora Capital LP $35,744,195 3,049,846 4.48% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $28,342,828 2,418,330 3.55% Shares
JPMORGAN CHASE & CO $27,493,072 2,176,807 3.45% Shares
GOLDMAN SACHS GROUP INC $23,599,181 2,013,582 2.96% Shares
Cresset Asset Management, LLC $21,560,346 1,839,620 2.70% Shares
CITADEL ADVISORS LLC $20,486,384 1,747,985 2.57% Shares
VANGUARD CAPITAL MANAGEMENT LLC $19,422,349 1,657,197 2.43% Shares
ALLIANCEBERNSTEIN L.P. $19,333,964 1,447,153 2.42% Shares
Owls Nest Partners IA, LLC $14,672,080 1,251,884 1.84% Shares
MARSHALL WACE, LLP $13,005,388 1,109,675 1.63% Shares
JANE STREET GROUP, LLC $11,158,214 952,066 1.40% Shares
STATE STREET CORP $10,557,083 900,775 1.32% Shares
GEODE CAPITAL MANAGEMENT, LLC $9,488,746 809,620 1.19% Shares
G2 Investment Partners Management LLC $7,500,800 640,000 0.94% Shares
BANK OF AMERICA CORP /DE/ $7,077,216 603,858 0.89% Shares
UBS Group AG $6,498,131 554,448 0.81% Shares
Walleye Capital LLC $6,343,532 541,257 0.79% Shares
Lighthouse Investment Partners, LLC $5,721,141 488,152 0.72% Shares
ArrowMark Colorado Holdings LLC $5,592,878 477,208 0.70% Shares
PANAGORA ASSET MANAGEMENT INC $4,792,671 408,931 0.60% Shares
BNP PARIBAS FINANCIAL MARKETS $4,369,368 372,813 0.55% Shares
NORTHERN TRUST CORP $4,332,005 369,625 0.54% Shares
XTX Topco Ltd $3,778,727 322,417 0.47% Shares
Holocene Advisors, LP $3,516,000 300,000 0.44% Shares
RENAISSANCE TECHNOLOGIES LLC $3,470,292 296,100 0.43% Shares
MORGAN STANLEY $3,281,259 279,971 0.41% Shares
Qube Research & Technologies Ltd $2,804,795 239,317 0.35% Shares
CANNELL CAPITAL LLC $2,005,058 171,080 0.25% Shares
Bank of New York Mellon Corp $2,000,359 170,679 0.25% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $1,744,885 148,881 0.22% Shares
BOOTHBAY FUND MANAGEMENT, LLC $1,620,817 138,295 0.20% Shares
Nuveen, LLC $1,579,586 134,777 0.20% Shares
Swiss National Bank $1,372,412 117,100 0.17% Shares
Burkehill Global Management, LP $1,172,000 100,000 0.15% Shares
Engineers Gate Manager LP $1,152,709 98,354 0.14% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $1,104,605 82,680 0.14% Shares
VANGUARD FIDUCIARY TRUST CO $1,082,975 92,404 0.14% Shares
WELLS FARGO & COMPANY/MN $1,007,217 85,940 0.13% Shares
Cubist Systematic Strategies, LLC $988,562 66,391 0.12% Shares
Militia Capital Management LLC $937,600 80,000 0.12% Shares
TIGER GLOBAL MANAGEMENT LLC $879,000 75,000 0.11% Shares

Show all 126 institutional owners →

Company insiders 12 insiders · 5 officers · 9 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Jeffrey L Radke Co-Founder, CEO Aug. 10, 2026 S 27,591,939 1 10 $-7,814,680
Jay Michael Green Chief Financial Officer March 23, 2026 S 1,175,589 0 1 $-638,500
Matthew David Sternberg COO, Risk Exchange July 27, 2026 S 596,482 1 1 $-182,526
Francis James Oneill Co-Founder, Chief U/W Officer Aug. 11, 2026 S 6,369,290 1 10 $-10,490,006
Christopher Lee-Smith Co-Founder, Head of Distrib. March 18, 2026 A 17,784,023 1 0 $197,274
Karen Sue Meriwether Director Aug. 21, 2026 S 20,868 1 1 $-2,683
Nancy Hasley Director Aug. 13, 2026 S 1,341,834 0 2 $-859,615
David George Paul Talach Director May 13, 2026 A 23,316 0 0 $0
Paul Christopher Little Director May 13, 2026 A 20,868 0 0 $0
Simon Wainwright Director May 13, 2026 A 23,316 0 0 $0
Samuel Gaynor Director Nov. 19, 2025 P 7,500 1 0 $100,800
Wendy Liisa Harrington Director July 25, 2025 C 23,315 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 22 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
IWO · iShares Trust 0.07% 533,528 SH Sept. 11, 2026 Daily
VYMI · VANGUARD WHITEHALL FUNDS 0.07% 638,909 SH Aug. 19, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.04% 5,519,103 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.04% 60,455 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.04% 1,552,535 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.04% 18,159 SH Sept. 11, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.03% 8,329,634 SH Aug. 19, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 1,323,857 SH Aug. 19, 2026 Daily
RSSL · Global X Funds 0.02% 29,257 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.02% 351,711 SH Aug. 19, 2026 Daily
WSML · iShares Trust 0.01% 4,305 SH Sept. 11, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.01% 1,161,202 SH Aug. 19, 2026 Daily
VBR · VANGUARD INDEX FUNDS 0.01% 740,299 SH Aug. 19, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 493,025 SH Aug. 19, 2026 Daily
VFH · VANGUARD WORLD FUND 0.01% 95,407 SH Aug. 19, 2026 Daily
IWV · iShares Trust 0.00% 16,387 SH Sept. 3, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 1,601,340 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.00% 4,096 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 5,160 SH Aug. 19, 2026 Daily
IWN · iShares Trust · 47,871 SH Sept. 11, 2026 Daily
ISCB · iShares Trust · 2,574 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 55,895 SH Sept. 11, 2026 Daily

ARX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 11 analysts BUY
Median target $20.25 +2.6%
1 9.1% Strong Buy
4 36.4% Buy
6 54.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

3 analysts · 2026-10-04

Mean target $20.25 +2.6%

Low$20.25 Mean$20.25 High$20.25

Latest News Recent headlines mentioning this company

23

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Source: SEC 10-Q filed Aug 13, 2026