For fiscal 2025 (ended Dec 31, 2025), Phoenix New Media Limited reported CN¥765.57M of revenue and CN¥336.0K of net income. Figures are in CNY, the currency of its SEC filings.
FENG revenue was CN¥765.57M for fiscal 2025 (ended Dec 31, 2025), up 8.8% from fiscal 2024. Compound annual growth was -8.7% over 5 years and -7.2% over 10 years. It rose in 3 of the last 10 fiscal years.
FENG net income was CN¥336.0K for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥53.55M in fiscal 2024. Compound annual growth was -75.5% over 5 years and -41.7% over 10 years.
FENG free cash flow was -CN¥15.71M for fiscal 2025 (ended Dec 31, 2025), compared with -CN¥49.52M in fiscal 2024.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | CN¥765.57M | CN¥703.70M | CN¥692.02M | CN¥785.71M | CN¥1.03B | CN¥1.21B | CN¥1.33B | CN¥1.38B | CN¥1.58B | CN¥1.44B |
| Cost of revenue | CN¥391.42M | CN¥434.99M | CN¥464.14M | CN¥548.50M | CN¥597.40M | CN¥559.29M | CN¥683.33M | CN¥595.84M | CN¥727.20M | CN¥726.81M |
| Gross profit | CN¥374.15M | CN¥268.71M | CN¥227.88M | CN¥237.20M | CN¥432.93M | CN¥649.56M | CN¥644.45M | CN¥780.44M | CN¥847.89M | CN¥718.10M |
| Research and development | CN¥64.60M | CN¥70.75M | CN¥82.66M | CN¥131.81M | CN¥158.59M | CN¥171.99M | CN¥216.74M | CN¥204.72M | CN¥192.32M | CN¥161.88M |
| Selling, general and admin | CN¥71.64M | CN¥78.44M | CN¥114.97M | CN¥91.85M | CN¥334.19M | CN¥277.93M | CN¥242.05M | CN¥162.42M | CN¥146.92M | CN¥181.68M |
| Operating income | -CN¥34.38M | -CN¥64.72M | -CN¥125.70M | -CN¥191.44M | -CN¥336.10M | -CN¥102.58M | -CN¥356.11M | -CN¥123.69M | CN¥14.98M | CN¥35.37M |
| Interest expense | - | - | - | - | - | - | CN¥5.09M | CN¥13.54M | CN¥22.22M | CN¥7.06M |
| Pre-tax income | CN¥8.52M | -CN¥48.30M | -CN¥96.14M | -CN¥196.11M | -CN¥252.49M | CN¥543.23M | CN¥691.71M | -CN¥45.18M | CN¥49.21M | CN¥92.31M |
| Income tax | CN¥8.16M | CN¥4.64M | CN¥12.98M | -CN¥70.39M | CN¥20.58M | CN¥115.58M | CN¥21.95M | CN¥20.12M | CN¥14.78M | CN¥14.09M |
| Net income | CN¥336.0K | -CN¥53.55M | -CN¥102.50M | -CN¥109.65M | -CN¥205.70M | CN¥380.37M | CN¥727.83M | -CN¥63.22M | CN¥37.47M | CN¥80.61M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | CN¥537.55M | CN¥607.58M | CN¥527.41M | CN¥95.98M | CN¥188.98M | CN¥357.80M | CN¥310.88M | CN¥161.10M | CN¥362.86M | CN¥202.69M |
| Receivables | CN¥293.12M | CN¥326.80M | CN¥293.85M | CN¥428.59M | CN¥456.94M | CN¥675.62M | CN¥609.63M | CN¥484.11M | CN¥458.74M | CN¥405.03M |
| Current assets | CN¥1.42B | CN¥1.47B | CN¥1.48B | CN¥1.66B | CN¥2.08B | CN¥2.42B | CN¥2.56B | CN¥2.02B | CN¥2.24B | CN¥2.07B |
| Goodwill | - | - | - | - | - | - | CN¥22.79M | CN¥338.29M | - | - |
| Total assets | CN¥1.65B | CN¥1.71B | CN¥1.76B | CN¥2.03B | CN¥2.41B | CN¥2.77B | CN¥5.33B | CN¥4.63B | CN¥3.60B | CN¥3.17B |
| Current liabilities | CN¥498.25M | CN¥537.32M | CN¥526.99M | CN¥664.32M | CN¥966.98M | CN¥1.06B | CN¥1.51B | CN¥1.07B | CN¥1.07B | CN¥983.08M |
| Total liabilities | CN¥541.47M | CN¥598.52M | CN¥595.12M | CN¥765.60M | CN¥1.02B | CN¥1.11B | CN¥1.78B | CN¥1.24B | CN¥1.10B | CN¥1.01B |
| Shareholders' equity | CN¥1.17B | CN¥1.18B | CN¥1.16B | CN¥1.27B | CN¥1.39B | CN¥1.66B | CN¥3.55B | CN¥3.39B | CN¥2.50B | CN¥2.16B |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -CN¥2.67M | -CN¥44.30M | -CN¥60.83M | -CN¥312.41M | -CN¥142.82M | -CN¥103.11M | -CN¥330.31M | -CN¥76.82M | CN¥172.98M | CN¥203.69M |
| Capital expenditures | CN¥13.04M | CN¥5.22M | CN¥9.72M | CN¥33.96M | CN¥16.83M | CN¥12.09M | CN¥57.88M | CN¥55.95M | CN¥27.80M | CN¥29.28M |
| Free cash flow | -CN¥15.71M | -CN¥49.52M | -CN¥70.54M | -CN¥346.37M | -CN¥159.66M | -CN¥115.20M | -CN¥388.19M | -CN¥132.77M | CN¥145.18M | CN¥174.40M |
| Investing cash flow | -CN¥57.04M | CN¥127.52M | CN¥487.84M | CN¥228.70M | -CN¥42.65M | CN¥746.22M | CN¥1.46B | -CN¥114.71M | -CN¥6.39M | -CN¥313.55M |
| Financing cash flow | -CN¥1.00M | -CN¥1.90M | -CN¥655.0K | CN¥0 | -CN¥3.54M | -CN¥639.66M | -CN¥1.11B | -CN¥75.83M | -CN¥16.23M | CN¥217.15M |
| Dividends paid | CN¥1.00M | CN¥1.08M | - | CN¥0 | CN¥3.54M | CN¥645.24M | CN¥703.14M | - | - | - |
| Share repurchases | - | CN¥825.0K | CN¥655.0K | - | - | - | - | - | - | CN¥0 |
| Stock-based compensation | CN¥17.0K | CN¥1.54M | CN¥3.71M | CN¥7.88M | CN¥9.58M | CN¥9.38M | CN¥11.86M | CN¥13.99M | CN¥20.85M | CN¥1.89M |
| Depreciation and amortization | CN¥10.67M | CN¥13.82M | CN¥21.53M | CN¥26.25M | CN¥28.50M | CN¥38.93M | CN¥49.56M | CN¥32.23M | CN¥35.62M | CN¥41.95M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 8.8% | 1.7% | -11.9% | -23.7% | -14.8% | -9.0% | -3.5% | -12.6% | 9.0% | -10.2% |
| Net income growth, YoY | - | - | - | - | - | -47.7% | - | - | -53.5% | 9.5% |
| Gross margin | 48.9% | 38.2% | 32.9% | 30.2% | 42.0% | 53.7% | 48.5% | 56.7% | 53.8% | 49.7% |
| Operating margin | -4.5% | -9.2% | -18.2% | -24.4% | -32.6% | -8.5% | -26.8% | -9.0% | 1.0% | 2.4% |
| Net margin | 0.0% | -7.6% | -14.8% | -14.0% | -20.0% | 31.5% | 54.8% | -4.6% | 2.4% | 5.6% |
| Free cash flow margin | -2.1% | -7.0% | -10.2% | -44.1% | -15.5% | -9.5% | -29.2% | -9.6% | 9.2% | 12.1% |
| Return on equity | 0.0% | -4.6% | -8.8% | -8.7% | -14.8% | 22.9% | 20.5% | -1.9% | 1.5% | 3.7% |
| Return on assets | 0.0% | -3.1% | -5.8% | -5.4% | -8.6% | 13.7% | 13.7% | -1.4% | 1.0% | 2.5% |
| Current ratio | 2.85 | 2.74 | 2.81 | 2.50 | 2.15 | 2.28 | 1.70 | 1.88 | 2.09 | 2.10 |
Source: XBRL data Phoenix New Media Limited files with the SEC, latest filing dated Apr 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| FENG | CN¥765.57M | +8.8% | CN¥336.0K | 0.0% | $16.8M |
| SPOT | €17.19B | +9.7% | €2.21B | 12.9% | $128.36B |
| SKYD | $28.76B | - | -$14.00M | -0.0% | $43.87B |
| FOXA | $17.96B | +9.0% | $2.03B | 11.3% | $28.55B |
| FWONK | $4.48B | +10.9% | $558.00M | 12.5% | $27.09B |
| FWONA | $4.48B | +10.9% | $558.00M | 12.5% | $25.79B |
| FOX | $17.96B | +9.0% | $2.03B | 11.3% | $25.52B |
| TME | CN¥32.90B | +15.8% | CN¥11.06B | 33.6% | $14.76B |
| SIRI | $8.60B | +0.5% | $900.00M | 10.5% | $10.99B |