Phoenix New Media Ltd
FENG NYSE· Television Broadcasting Stations
KIRA · Stoqly’s AI analyst, in plain words
- Phoenix New Media Ltd had $107M of revenue in fiscal 2025, up 8.9% on the year before. Over five years, revenue changed −9.5% a year on average.
- Its operating margin was −4.5%, up 4.7 pts: of every 100 in sales, about −4 is left after running the business.
- Phoenix New Media Ltd made $0.1M of net profit in fiscal 2025.
- Free cash flow was −$2.2M in fiscal 2025, −2.1% of revenue.
- Phoenix New Media Ltd returned $0.1M to shareholders in fiscal 2025.
Market cap
—
P/E
—
Revenue
$107M
Net income
$0.1M
Free cash flow
−$2.2M
Operating margin
−4.5%
Phoenix New Media Ltd in 30 seconds · fiscal 2025
Are sales growing?
+8.9%
Yes. Sales grew 8.9% last year.
Does it make a profit?
0.0%
A little. It keeps 0.0% of every sale as profit.
Does profit turn into cash?
−2.1%
No. It spent more cash than it brought in.
How healthy are the accounts?
5 / 7
Mixed. It passes 5 of 7 health tests.
What Phoenix New Media Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 29, 2026
- Legal name
- Phoenix New Media Ltd
- CIK
- 0001509646
Phoenix New Media Ltd · FENG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $160M | $117M | $97.7M | $97.8M | $107M |
| Revenue growth | −8.8% | −26.9% | −16.3% | 0.1% | 8.9% |
| Gross margin | 42.0% | 30.2% | 32.9% | 38.2% | 48.9% |
| Operating margin | −32.6% | −24.4% | −18.2% | −9.2% | −4.5% |
| Net income | −$42.3M | −$18.7M | −$15.4M | −$7.4M | $0.1M |
| Net margin | −26.5% | −16.0% | −15.8% | −7.5% | 0.0% |
| Cash | |||||
| Cash from operations | −$22.1M | −$46.4M | −$8.6M | −$6.2M | −$0.4M |
| Capital expenditure | $2.6M | $5.0M | $1.4M | $0.7M | $1.8M |
| Free cash flow | −$24.8M | −$51.4M | −$10.0M | −$6.9M | −$2.2M |
| FCF margin | −15.5% | −44.1% | −10.2% | −7.0% | −2.1% |
| Dividends paid | $0.5M | $0.0M | — | $0.1M | $0.1M |
| Share buybacks | — | — | $0.1M | $0.1M | — |
| Debt and strength | |||||
| Cash and short-term investments | $29.7M | $13.9M | $74.2M | $83.2M | $76.8M |
| Shareholders' equity | $225M | $191M | $172M | $161M | $167M |
| Current ratio | 2.1x | 2.5x | 2.8x | 2.7x | 2.8x |
| Returns and quality | |||||
| Return on equity | −17.8% | −9.0% | −8.5% | −4.4% | 0.0% |
| Return on tangible equity | −14.4% | −8.7% | −8.5% | −4.7% | 0.0% |
| Piotroski F-score | 2 | 2 | 4 | 4 | 5 |
| Altman Z'' | 3.2 | 3.7 | 4.3 | 4.3 | 4.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Phoenix New Media Ltd · FENG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001509646). Data updated October 24, 2026. Filed in CNY under US GAAP and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.