STOCK TITAN

Phoenix New Media (FENG) Financials

FENG NYSE
FY2025 annual
Revenue $109.5M +13.6% YoY
Net Income $48K n/m YoY
Free Cash Flow -$2.2M n/m YoY
Operating Cash Flow -$381K n/m YoY
Market Cap $16.5M as of Oct 30, 2026
Price / Sales 0.2x on $109.5M revenue, FY2025
Price / Earnings 342x on $48K net income, FY2025
Price / Book 0.1x on $167.5M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 30, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (20-F/6-K) Latest period FY2025, ended Dec 31, 2025 Reported Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FENG SEC filings page.

Phoenix New Media Limited (FENG) reported $109.5M in revenue for fiscal year 2025, up 13.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (20-F and 6-K reports).

Rhea AI FENG FY2025

The business is nearing break-even because gross profit expanded faster than revenue, but cash flow remains negative.

In FY2025, gross profit rose 45.3% while revenue rose 13.6%, indicating that lower delivery costs or a more profitable mix—not growth alone—drove the improvement. Yet SG&A rose 36.7%, leaving operating income as a net loss of $4.9M even as net income reached $48K.

The near-breakeven earnings result is not yet cash-equivalent: net income was $48K, but operating cash flow was -$381K. Free cash flow was -$2.2M and its margin improved to -2.1%, so cash use narrowed without disappearing.

The balance sheet is becoming less liability-funded: total liabilities fell 5.6% in FY2025 while the current ratio was 2.8x, indicating reported short-term assets exceeded near-term obligations. Capital spending remained 1.7% of revenue despite increasing 160.8%, so the smaller cash deficit was not achieved solely by eliminating investment.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 45 / 100
Financial Health Score 45/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Phoenix New Media Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
28

Phoenix New Media Limited has an operating margin of -4.5%, meaning the company loses $4 on every $100 of revenue. This results in a profitability score of 28/100. This is up from -9.2% the prior year.

Growth
53

Phoenix New Media Limited's revenue grew 13.6% year-over-year to $109.5M, a solid pace of expansion. This earns a growth score of 53/100.

Leverage
63
Liquidity
76

With a current ratio of 2.85, Phoenix New Media Limited holds $2.85 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 76/100.

Cash Flow
17

Phoenix New Media Limited's operations used $381K of cash, and capex of $1.9M added to the outflow, for a free cash flow shortfall of $2.2M. This results in a cash flow score of 17/100.

Returns
30

Phoenix New Media Limited's ROE of 0.0% shows moderate profitability relative to equity, earning a score of 30/100. This is up from -4.6% the prior year.

Altman Z-Score Distress
0.71

Phoenix New Media Limited scores 0.71, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $81.1M against total assets of $235.9M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
5/7

Phoenix New Media Limited passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

For every $1 of reported earnings, Phoenix New Media Limited used $7.93 of operating cash (-$381K OCF vs $48K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue
$109.5M
YoY+13.6%
5Y CAGR-10.0%
10Y CAGR-7.9%

Phoenix New Media Limited generated $109.5M in revenue in fiscal year 2025. This represents an increase of 13.6% from the prior year.

EBITDA
-$3.4M
YoYn/m
5Y CAGRn/m

Phoenix New Media Limited's EBITDA was -$3.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.

Net Income
$48K
YoYn/m
5Y CAGR-75.8%
10Y CAGR-42.1%

Phoenix New Media Limited reported $48K in net income in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow
-$2.2M
YoYn/m
5Y CAGRn/m

Phoenix New Media Limited recorded an outflow of $2.2M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.

Cash & Debt
$76.9M
YoY-7.7%
5Y CAGR+7.0%
10Y CAGR+4.8%

Phoenix New Media Limited held $76.9M in cash as of fiscal year 2025; no long-term debt figure is on record for that period.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin
48.9%
YoY+10.7pp
5Y change-4.9pp
10Y change+0.4pp

Phoenix New Media Limited's gross margin was 48.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 10.7 percentage points from the prior year.

Operating Margin
-4.5%
YoY+4.7pp
5Y change+4.0pp
10Y change-9.4pp

Phoenix New Media Limited's operating margin was -4.5% in fiscal year 2025, reflecting core business profitability. This is up 4.7 percentage points from the prior year.

Net Margin
0.0%
YoY+7.6pp
5Y change-31.4pp
10Y change-4.5pp

Phoenix New Media Limited's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.6 percentage points from the prior year.

Return on Equity
0.0%
YoY+4.6pp
5Y change-23.2pp
10Y change-4.0pp

Phoenix New Media Limited's ROE was 0.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the prior year.

Capital Allocation

R&D Spending
$9.2M
YoY-4.7%
5Y CAGR-18.9%
10Y CAGR-10.0%

Phoenix New Media Limited invested $9.2M in research and development in fiscal year 2025. This represents a decrease of 4.7% from the prior year.

Capital Expenditures
$1.9M
YoY+160.8%
5Y CAGR+0.1%
10Y CAGR-12.0%

Phoenix New Media Limited invested $1.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 160.8% from the prior year.

Share Buybacks

Not reported for fiscal year 2025.

FENG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FENG annual income statement
MetricFY2520-FFY2420-FFY2320-FFY2220-FFY2120-FFY2020-FFY1920-FFY1820-FFY1720-FFY1620-FFY1520-FFY1420-FFY1320-FFY1220-FFY1120-F
Revenue$109.5M+13.6%$96.4M-1.1%$97.5M-14.4%$113.9M-29.5%$161.7M-12.7%$185.3M-2.9%$190.7M-4.7%$200.2M-17.3%$242.1M+16.3%$208.1M-16.2%$248.4M-5.9%$264.0M+12.2%$235.3M+32.0%$178.3M+18.1%$151.0M
Cost of Revenue$56.0M-6.1%$59.6M-8.8%$65.4M-17.8%$79.5M-15.2%$93.7M+9.4%$85.7M-12.7%$98.2M+13.3%$86.7M-22.5%$111.8M+6.8%$104.7M-18.2%$128.0M+1.6%$126.0M+9.5%$115.0M+13.5%$101.3M+15.0%$88.1M
Gross Profit$53.5M+45.3%$36.8M+14.7%$32.1M-6.7%$34.4M-49.4%$67.9M-31.8%$99.5M+7.5%$92.6M-18.4%$113.5M-12.9%$130.3M+26.0%$103.4M-14.1%$120.4M-12.8%$138.0M+14.7%$120.3M+56.2%$77.0M+22.4%$62.9M
R&D Expenses$9.2M-4.7%$9.7M-16.7%$11.6M-39.1%$19.1M-23.2%$24.9M-5.6%$26.4M-15.3%$31.1M+4.6%$29.8M+0.7%$29.6M+26.8%$23.3M-11.5%$26.4M+9.0%$24.2M+34.7%$18.0M+22.5%$14.7M+33.6%$11.0M
SG&A Expenses$49.2M+36.7%$36.0M-5.7%$38.2M-11.3%$43.0M-55.1%$95.8M+12.1%$85.4M-24.1%$112.6M+10.7%$101.7M+3.3%$98.5M+31.2%$75.0M-8.3%$81.8M+8.4%$75.5M+23.2%$61.3M+25.8%$48.8M+27.3%$38.3M
Operating Income-$4.9Mn/m-$8.9Mn/m-$17.7Mn/m-$27.8Mn/m-$52.7Mn/m-$15.7Mn/m-$51.2Mn/m-$18.0M-881.2%$2.3M-54.8%$5.1M-58.2%$12.2M-68.2%$38.3M-6.6%$41.0M+201.8%$13.6M-0.3%$13.6M
EBITDA-$3.4Mn/m-$7.0Mn/m-$14.7Mn/m-$24.0Mn/m-$48.3Mn/m-$9.8Mn/m-$44.0Mn/m-$13.3M-271.0%$7.8M-30.2%$11.1M-42.0%$19.2M-56.5%$44.2M-4.4%$46.2M+172.1%$17.0M+9.0%$15.6M
Interest ExpenseN/AN/AN/AN/AN/AN/A$731K-62.9%$2.0M-42.3%$3.4M+235.8%$1.0M+183.0%$359Kn/m$0N/AN/AN/A
Income Tax$1.2M+83.3%$636K-65.2%$1.8Mn/m-$10.2M-416.0%$3.2M-81.8%$17.7M+461.8%$3.2M+7.7%$2.9M+28.8%$2.3M+12.0%$2.0M-48.5%$3.9M-49.5%$7.8M+25.6%$6.2M+127.9%$2.7M+13.2%$2.4M
Net Income$48Kn/m-$7.3Mn/m-$14.4Mn/m-$15.9Mn/m-$53.4M-191.6%$58.3M-44.2%$104.5Mn/m-$9.2M-259.7%$5.8M-50.4%$11.6M+2.2%$11.4M-73.2%$42.4M-8.2%$46.2M+168.0%$17.2M+5.8%$16.3M
EPS (Basic)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-$0.21
EPS (Diluted)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A-$0.21
Diluted Shares (Avg)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A519M

FENG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FENG annual balance sheet
MetricFY2520-FFY2420-FFY2320-FFY2220-FFY2120-FFY2020-FFY1920-FFY1820-FFY1720-FFY1620-FFY1520-FFY1420-FFY1320-FFY1220-FFY1120-F
Total Assets$235.9M+0.6%$234.5M-5.3%$247.7M-15.9%$294.4M-22.0%$377.5M-11.2%$424.9M-44.5%$765.0M+13.6%$673.5M+21.8%$553.2M+21.2%$456.4M+15.2%$396.3M+5.7%$375.0M+10.4%$339.8M+25.9%$269.8M+8.6%$248.6M
Current Assets$202.8M+0.4%$202.0M-3.0%$208.3M-13.6%$240.9M-26.1%$325.9M-12.1%$370.9M+1.0%$367.2M+25.0%$293.9M-14.8%$344.8M+15.7%$297.9M-0.1%$298.1M-10.3%$332.5M+3.7%$320.6M+28.4%$249.8M+4.4%$239.3M
Cash & Equivalents$76.9M-7.7%$83.2M+12.1%$74.3M+433.8%$13.9M-53.1%$29.7M-45.9%$54.8M+22.8%$44.7M+90.6%$23.4M-58.0%$55.8M+91.0%$29.2M-39.1%$48.0M-76.9%$207.2M+48.4%$139.6M-5.1%$147.1M+133.0%$63.1M
Short-Term Investments$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0-100.0%$124.6M
Accounts Receivable$41.9M-6.4%$44.8M+8.2%$41.4M-33.4%$62.1M-13.3%$71.7M-30.8%$103.5M+18.2%$87.6M+24.4%$70.4M-0.1%$70.5M+20.9%$58.3M-25.4%$78.2M-1.7%$79.5M+36.3%$58.4M+29.4%$45.1M+40.5%$32.1M
Long-Term Investments$44K+2.0%$43K-1.5%$44K-1.3%$44K-99.0%$4.6M-17.9%$5.6M-98.1%$289.4M+1.4%$285.3M+55.2%$183.9Mn/m$0n/m$0n/m$0n/m$0n/m$0n/m$0
GoodwillN/AN/AN/AN/AN/AN/A$3.3M-93.3%$49.2MN/AN/AN/AN/AN/AN/AN/A
Total Liabilities$77.4M-5.6%$82.0M-2.2%$83.8M-24.5%$111.0M-30.4%$159.5M-6.1%$169.9M-33.6%$255.8M+41.8%$180.4M+6.9%$168.8M+16.5%$144.9M+23.1%$117.7M+19.7%$98.3M+23.6%$79.6M+57.5%$50.5M+23.4%$40.9M
Current Liabilities$71.2M-3.2%$73.6M-0.8%$74.2M-22.9%$96.3M-36.5%$151.7M-6.8%$162.8M-24.7%$216.2M+38.5%$156.1M-5.3%$164.8M+16.4%$141.6M+23.5%$114.7M+20.2%$95.4M+23.0%$77.6M+57.5%$49.2M+22.9%$40.1M
Non-Current Liabilities$6.2M-26.3%$8.4M-12.6%$9.6M-34.7%$14.7M+88.2%$7.8M+10.3%$7.1M-82.1%$39.6M+62.8%$24.3M+507.5%$4.0M+20.6%$3.3M+9.2%$3.0M+3.7%$2.9M+45.0%$2.0M+57.4%$1.3M+46.8%$874K
Total Equity$167.5M+4.0%$161.0M-6.7%$172.5M-9.8%$191.3M-14.6%$224.0M-10.7%$250.7M-47.6%$478.6M+6.8%$447.9M+16.2%$385.4M+23.6%$311.9M+11.9%$278.7M+0.7%$276.7M+6.6%$259.5M+18.3%$219.3M+5.6%$207.6M
Retained Earnings-$81.1Mn/m-$77.6Mn/m-$72.3Mn/m-$59.6Mn/m-$47.1Mn/m-$13.5M-150.5%$26.8M+15.3%$23.2M-34.1%$35.2M+25.4%$28.1M+49.1%$18.8M+121.3%$8.5Mn/m-$32.1Mn/m-$73.2Mn/m-$88.3M

Not reported in any period shown, so not listed: Inventory, Long-Term Debt.

FENG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FENG annual cash flow statement
MetricFY2520-FFY2420-FFY2320-FFY2220-FFY2120-FFY2020-FFY1920-FFY1820-FFY1720-FFY1620-FFY1520-FFY1420-FFY1320-FFY1220-FFY1120-F
Operating Cash Flow-$381Kn/m-$6.1Mn/m-$8.6Mn/m-$45.3Mn/m-$22.4Mn/m-$15.8Mn/m-$47.4Mn/m-$11.2M-142.0%$26.6M-9.4%$29.3M-13.9%$34.1M-22.7%$44.1M-23.3%$57.5M+226.6%$17.6M+71.3%$10.3M
Depreciation & Amortization$1.5M-19.4%$1.9M-37.6%$3.0M-20.3%$3.8M-14.9%$4.5M-25.0%$6.0M-16.2%$7.1M+51.8%$4.7M-14.4%$5.5M-9.4%$6.0M-13.9%$7.0M+19.9%$5.9M+12.6%$5.2M+53.3%$3.4M+73.7%$2.0M
Stock-Based Compensation$2K-98.8%$211K-59.6%$523K-54.2%$1.1M-24.0%$1.5M+4.6%$1.4M-15.6%$1.7M-16.3%$2.0M-36.5%$3.2M+1077.3%$272K-94.9%$5.3M-38.1%$8.6M+210.3%$2.8M+154.6%$1.1M-89.7%$10.5M
Capital Expenditures$1.9M+160.8%$715K-47.7%$1.4M-72.2%$4.9M+86.4%$2.6M+42.6%$1.9M-77.7%$8.3M+2.2%$8.1M+90.5%$4.3M+1.3%$4.2M-37.1%$6.7M+17.6%$5.7M+18.1%$4.8M-62.2%$12.8M+140.2%$5.3M
Free Cash Flow-$2.2Mn/m-$6.8Mn/m-$9.9Mn/m-$50.2Mn/m-$25.1Mn/m-$17.7Mn/m-$55.8Mn/m-$19.3M-186.5%$22.3M-11.2%$25.1M-8.3%$27.4M-28.6%$38.4M-27.1%$52.6M+992.9%$4.8M-2.7%$5.0M
Investing Cash Flow-$8.2M-146.7%$17.5M-74.6%$68.7M+107.2%$33.2Mn/m-$6.7M-105.9%$114.4M-45.5%$209.8Mn/m-$16.7Mn/m-$982Kn/m-$45.2Mn/m-$174.7M-375.7%$63.4Mn/m-$58.0M-176.8%$75.6Mn/m-$127.6M
Financing Cash Flow-$143Kn/m-$260Kn/m-$92Kn/m$0n/m-$556Kn/m-$98.0Mn/m-$160.1Mn/m-$11.0Mn/m-$2.5M-108.0%$31.3M+214.8%$9.9Mn/m-$36.1Mn/m-$10.7Mn/m-$9.6M-107.0%$137.1M
Dividends Paid$143K-3.0%$147KN/A$0-100.0%$556K-99.4%$98.9M-2.1%$101.0Mn/m$0n/m$0n/m$0N/AN/AN/AN/AN/A
Share BuybacksN/A$113K+22.5%$92KN/AN/AN/AN/AN/AN/A$0-100.0%$10.3M-73.8%$39.1M+262.9%$10.8M+27.2%$8.5Mn/m$0

FENG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FENG annual financial ratios
MetricFY2520-FFY2420-FFY2320-FFY2220-FFY2120-FFY2020-FFY1920-FFY1820-FFY1720-FFY1620-FFY1520-FFY1420-FFY1320-FFY1220-FFY1120-F
Gross Margin48.9%+10.7pp38.2%+5.3pp32.9%+2.7pp30.2%-11.8pp42.0%-11.7pp53.7%+5.2pp48.5%-8.2pp56.7%+2.9pp53.8%+4.1pp49.7%+1.2pp48.5%-3.8pp52.3%+1.2pp51.1%+7.9pp43.2%+1.5pp41.6%
Operating Margin-4.5%+4.7pp-9.2%+9.0pp-18.2%+6.2pp-24.4%+8.3pp-32.6%-24.1pp-8.5%+18.3pp-26.8%-17.8pp-9.0%-9.9pp0.9%-1.5pp2.5%-2.5pp4.9%-9.6pp14.5%-2.9pp17.4%+9.8pp7.6%-1.4pp9.0%
Net Margin0.0%+7.6pp-7.6%+7.2pp-14.8%-0.9pp-14.0%+19.1pp-33.0%-64.5pp31.5%-23.4pp54.8%+59.4pp-4.6%-7.0pp2.4%-3.2pp5.6%+1.0pp4.6%-11.5pp16.1%-3.6pp19.6%+10.0pp9.7%-1.1pp10.8%
Return on Equity0.0%+4.6pp-4.6%+3.8pp-8.4%-0.1pp-8.3%+15.5pp-23.8%-47.1pp23.3%+1.4pp21.9%+23.9pp-2.1%-3.5pp1.5%-2.2pp3.7%-0.4pp4.1%-11.2pp15.3%-2.5pp17.8%+9.9pp7.9%0.0pp7.8%
Return on Assets0.0%+3.1pp-3.1%+2.7pp-5.8%-0.4pp-5.4%+8.8pp-14.1%-27.9pp13.7%+0.1pp13.7%+15.0pp-1.4%-2.4pp1.0%-1.5pp2.5%-0.3pp2.9%-8.4pp11.3%-2.3pp13.6%+7.2pp6.4%-0.2pp6.6%
Current Ratio2.85+0.1x2.74-0.1x2.81+0.3x2.50+0.4x2.15-0.1x2.28+0.6x1.70-0.2x1.88-0.2x2.090.0x2.10-0.5x2.60-0.9x3.48-0.6x4.13-0.9x5.07-0.9x5.97
Liabilities-to-Equity0.460.0x0.510.0x0.49-0.1x0.58-0.1x0.710.0x0.68+0.1x0.53+0.1x0.400.0x0.440.0x0.460.0x0.42+0.1x0.360.0x0.31+0.1x0.230.0x0.20
Asset Turnover0.46+0.1x0.410.0x0.390.0x0.390.0x0.430.0x0.44+0.2x0.250.0x0.30-0.1x0.440.0x0.46-0.2x0.63-0.1x0.700.0x0.690.0x0.66+0.1x0.61
FCF Margin-2.1%+5.0pp-7.0%+3.1pp-10.2%+33.9pp-44.1%-28.6pp-15.5%-6.0pp-9.5%+19.7pp-29.2%-19.6pp-9.7%-18.9pp9.2%-2.8pp12.1%+1.0pp11.0%-3.5pp14.5%-7.8pp22.4%+19.7pp2.7%-0.6pp3.3%

Not reported in any period shown, so not listed: Debt-to-Equity.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Phoenix New Media Limited FENG FY2025 $109.5M $48K 0.0% $16.5M 45/100
Scienjoy Holding Corporation SJ FY2025 $177.5M -$84.0M -47.3% $35.5M 45/100
Giftify, Inc. GIFT FY2025 $83.2M -$10.5M -12.6% $23.5M 38/100
comScore, Inc. SCOR FY2025 $357.5M -$10.0M -2.8% $50.9M 33/100
Zedge, Inc. ZDGE FY2026 $31.6M -$131K -0.4% $36.3M 69/100

Frequently Asked Questions

What is Phoenix New Media Limited's annual revenue?

Phoenix New Media Limited (FENG) reported $109.5M in total revenue for fiscal year 2025. This represents a 13.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Phoenix New Media Limited's revenue growing?

Phoenix New Media Limited (FENG) revenue grew by 13.6% year-over-year, from $96.4M to $109.5M in fiscal year 2025.

Is Phoenix New Media Limited profitable?

Yes, Phoenix New Media Limited (FENG) reported a net income of $48K in fiscal year 2025, with a net profit margin of 0.0%.

Phoenix New Media Limited (FENG) had EBITDA of -$3.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Phoenix New Media Limited (FENG) had a gross margin of 48.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Phoenix New Media Limited (FENG) had an operating margin of -4.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Phoenix New Media Limited (FENG) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Phoenix New Media Limited (FENG) has a return on equity of 0.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Phoenix New Media Limited (FENG) recorded an outflow of $2.2M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Phoenix New Media Limited (FENG) recorded an outflow of $381K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Phoenix New Media Limited (FENG) had $235.9M in total assets as of fiscal year 2025, including both current and long-term assets.

Phoenix New Media Limited (FENG) invested $1.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Phoenix New Media Limited (FENG) invested $9.2M in research and development during fiscal year 2025.

Phoenix New Media Limited (FENG) had a current ratio of 2.85 as of fiscal year 2025, which is generally considered healthy.

Phoenix New Media Limited (FENG) had a liabilities-to-equity ratio of 0.46 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.

Phoenix New Media Limited (FENG) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Phoenix New Media Limited (FENG) trades at 342x earnings, its market capitalization divided by $48K net income, FY2025. The market capitalization is $16.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Phoenix New Media Limited (FENG) trades at 0.2x sales, its market capitalization divided by $109.5M revenue, FY2025. The market capitalization is $16.5M as of Oct 30, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Phoenix New Media Limited (FENG) has an Altman Z-Score of 0.71, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Phoenix New Media Limited (FENG) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

For every $1 of reported earnings, Phoenix New Media Limited (FENG) used $7.93 of operating cash (-$381K OCF vs $48K net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Phoenix New Media Limited (FENG) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

Back to top