Phoenix New Media Limited (FENG)
NYSE: FENG · Real-Time Price · USD
1.470
-0.040 (-2.64%)
At close: Aug 24, 2026, 4:00 PM EDT
1.470
0.00 (0.00%)
After-hours: Aug 24, 2026, 6:30 PM EDT

Phoenix New Media Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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 YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Advertising Services
614.33630.59619.26696.66930.03
Paid Services
151.2473.1172.7689.04100.31
Total
765.57703.7692.02785.711,030

Cash & Debt

Fiscal YearCurrentFY 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 YearTTMFY 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 YearTTMFY 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 YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
4.22417.54----
Forward PE
-31.8331.8331.8331.8331.83
PS Ratio
0.150.180.300.170.280.39