Financials in USD. Standardized financial statements.
A compact view of how Phoenix New Media Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $765.57M | $703.70M | $692.02M | $785.71M | $1.03B | $1.21B | $1.33B | $1.38B | $1.58B | $1.44B |
| Revenue Growth? | +8.8% | +1.7% | -11.9% | -23.7% | -14.8% | -9.0% | -3.6% | -12.6% | +9.0% | 0.0% |
| Cost of Revenue? | $391.42M | $434.99M | $464.14M | $548.50M | $597.40M | $583.82M | $683.33M | $596.55M | $727.20M | $726.81M |
| Gross Profit? | $374.15M | $268.71M | $227.88M | $237.20M | $432.93M | $625.02M | $644.45M | $780.83M | $847.89M | $718.10M |
| Gross Margin? | +48.9% | +38.2% | +32.9% | +30.2% | +42.0% | +51.7% | +48.5% | +56.7% | +53.8% | +49.7% |
| Operating Expenses? | $408.53M | $333.43M | $353.57M | $428.64M | $769.03M | $727.60M | $1.00B | $904.85M | $832.91M | $682.73M |
| Operating Income? | -$34.38M | -$64.72M | -$125.70M | -$191.44M | -$336.10M | -$102.58M | -$356.11M | -$124.02M | $14.98M | $35.37M |
| EBITDA? | -$7.26M | -$43.19M | -$83.13M | -$136.69M | -$270.04M | -$65.39M | -$306.55M | -$91.46M | $50.60M | $77.32M |
| Income Before Tax | $8.52M | -$48.30M | -$96.14M | -$131.76M | -$252.49M | $543.23M | $691.71M | -$45.51M | $49.21M | $92.31M |
| Income Tax Expense | $8.16M | $4.64M | $12.98M | -$6.04M | $20.58M | $115.58M | $21.95M | $20.11M | $14.78M | $14.09M |
| Net Income? | $336,000 | -$53.55M | -$102.50M | -$109.65M | -$205.70M | $380.37M | $727.83M | -$63.22M | $37.47M | $80.61M |
| EPS? | $1.31 | $-4.46 | $-8.64 | $-9.12 | $-16.80 | $34.56 | $57.60 | $-5.28 | $3.23 | $6.24 |
| Diluted EPS? | $1.31 | $-4.46 | $-8.64 | $-9.12 | $-16.80 | $34.56 | $57.60 | $-5.28 | $2.76 | $6.24 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality