Phoenix New Media Limited(FENG)Earnings, Financials & Key Ratios
FENG•NYSE
$1.53
7.9× P/E·Price updated Jun 25, 2026
AboutPhoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates through two segments, Net Advertising Services and Paid Services. It offers content and services through PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV. The company, through its website, ifeng.com, provides various interest-based content verticals, such as news, finance, video, automobiles, technology, entertainment, military, real estate, fashion, and sport; and offers interactive services, including comments posting and user surveys. Its mobile channel consists of ifeng News, a news application that provides newsfeeds and other contents in the form of text, image, live streaming, and video; ifeng Video, a video application, which offers video news, live broadcasting, Phoenix TV programs content, etc.; i.ifeng.com mobile Internet website; and digital reading applications. In addition, Phoenix New Media Limited offers mobile newspaper, mobile video, and mobile game services, as well as wireless value-added services. The company was incorporated in 2007 and is headquartered in Beijing, the People's Republic of China. Phoenix New Media Limited is a subsidiary of Phoenix Satellite Television (B.V.I.) Holding Limited.Show more
- Revenue$766M+8.8%
- EBITDA-$7M+83.2%
- Net Income$336K+100.6%
- EPS (Diluted)1.31+129.4%
- Gross Margin48.87%+28.0%
- EBITDA Margin-0.95%+84.5%
- Operating Margin-4.49%+51.2%
- Net Margin0.04%+100.6%
- ROE0.03%+100.6%
FENG Price & Volume
Phoenix New Media Limited (FENG) stock price & volume — 10-year historical chart
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Cash Reserves Mask Persistent Operational Profitability Deficits
Investment Thesis • Updated 2025Q4
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial Position:Healthy
Cash Flow:Burning
Primary Risk:Structural Operating Margin Deficit
"Phoenix New Media maintains a substantial liquidity buffer, yet the core business model struggles to achieve consistent operational leverage, as evidenced by the lack of positive free cash flow over the last ten quarters. While the company has improved gross margins to 55.6% in 2025Q4, the inability to scale SG&A expenses efficiently suggests that the firm remains a structural value trap. Investors should remain cautious given the persistent negative retained earnings of $567.8 million and the total absence of reported operational cash flow generation."
Verdict Logic
the company's inability to generate positive free cash flow in any of the last ten quarters, combined with a negative $567.8 million in retained earnings, suggests that the current valuation is disconnected from core operational performance.
FENG Growth Metrics
Phoenix New Media Limited (FENG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-7.16%
5 Years-8.73%
3 Years-0.86%
TTM8.79%
Profit CAGR
10 Years-41.66%
5 Years-75.5%
3 Years-
TTM100.63%
EPS CAGR
10 Years-13.76%
5 Years-48.03%
3 Years-
TTM2563%
Return on Capital
10 Years-6.8%
5 Years-10.6%
3 Years-6%
Last Year-2.95%
FENG Recent Earnings
Phoenix New Media Limited (FENG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (100%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 12, 2026Metric
Actual
Est
EPS
$0.27+74.5%
$1.06
Rev
$27M-16.2%
$33M
Q2 2026
Mar 11, 2026Metric
Actual
Est
EPS
$0.38+135.9%
$1.06
Rev
$29M-11.5%
$33M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.16
—
Rev
$28M
—
Q3 2025
Aug 12, 2025Metric
Actual
Est
EPS
$0.08
—
Rev
$26M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 12, 2026 | $0.27vs $1.06+74.5% | $27Mvs $33M-16.2% |
| Q2 2026 | Mar 11, 2026 | $0.38vs $1.06+135.9% | $29Mvs $33M-11.5% |
| Q4 2025 | Nov 13, 2025 | $0.16 | $28M |
| Q3 2025 | Aug 12, 2025 | $0.08 | $26M |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Phoenix New Media Limited (FENG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $1.53 | $382.84K | 7.94 | 8.79% | 0.04% | 0.03% | — | |
| $11.74 | $352.97M | 0.84 | -2.35% | 67.35% | 35.1% | — | |
| $114.82 | $73.3B | 14.94 | 6.96% | 29.84% | 21.02% | — | |
| $103.99 | $35.37B | 60.13 | -3.04% | 3.48% | 0.21% | — | |
| $5.40 | $867.57M | 7.95 | -1.85% | 7.2% | 6.68% | — | |
| $7.21 | $1.72B | 4.24 | 0.41% | 21.11% | 10.31% | — |
Compare FENG vs Peers
Phoenix New Media Limited (FENG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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FENG Frequently Asked Questions
Phoenix New Media Limited (FENG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Phoenix New Media Limited's revenue?
Phoenix New Media Limited (FENG) reported $765.6M in revenue for fiscal year 2025. This represents a 45% increase from $528.7M in 2010.
How fast is Phoenix New Media Limited growing?
Phoenix New Media Limited (FENG) grew revenue by 8.8% over the past year. This is steady growth.
Is FENG profitable?
Yes, Phoenix New Media Limited (FENG) is profitable, generating $0.3M in net income for fiscal year 2025 (0.0% net margin).
Dividend & Returns
What is FENG's return on equity?
Phoenix New Media Limited (FENG) has a return on equity (ROE) of 0.0%. This is below average, suggesting room for improvement.
What is Phoenix New Media Limited's free cash flow?
Phoenix New Media Limited (FENG) had negative free cash flow of $15.7M in fiscal year 2025, likely due to heavy capital investments.