Phoenix New Media Limited (FENG)
NYSE: FENG · Real-Time Price · USD
1.400
+0.010 (0.72%)
Oct 23, 2026, 4:00 PM EDT - Market closed

Phoenix New Media Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
828.75765.57703.7692.02785.711,030
Revenue Growth
14.35%8.79%1.69%-11.92%-23.74%-14.77%
Gross Profit
444.52374.15268.71227.88237.2432.93
Operating Income
-23.97-34.38-64.72-125.7-191.44-336.1
Net Income
30.170.34-53.55-102.5-109.65-205.7
Earnings Per Share
2.430.03-4.46-8.64-9.12-16.96
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Advertising Services
612.73614.33630.59619.26696.66930.03
Paid Services
216.02151.2473.1172.7689.04100.31
Total
828.75765.57703.7692.02785.711,030

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
986.331,0021,0361,0861,1461,498
Total Debt
38.5643.3256.6769.44104.5945.85
Net Cash (Debt)
947.76958.45979.251,0171,0411,452
Net Cash Growth
2.27%-2.12%-3.69%-2.33%-28.32%-8.37%
Net Cash Per Share
78.9179.8081.4983.8285.80119.70

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
--2.67-44.3-60.83-312.41-142.82
Capital Expenditures
--13.05-5.22-9.72-33.96-16.83
Free Cash Flow
--15.71-49.52-70.54-346.37-159.66
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
53.64%48.87%38.19%32.93%30.19%42.02%
Operating Margin
-2.89%-4.49%-9.20%-18.16%-24.37%-32.62%
Pretax Margin
4.21%1.11%-6.86%-13.89%-24.96%-24.51%
Profit Margin
3.64%0.04%-7.61%-14.81%-13.96%-19.96%
FCF Margin
--2.05%-7.04%-10.19%-44.08%-15.50%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
3.92417.54----
Forward PE
-31.8331.8331.8331.8331.83
PS Ratio
0.140.180.300.170.280.39