Phoenix New Media Ltd income statement

In fiscal 2025, Phoenix New Media Ltd reported revenue of $107m, up 8.9% on the year before, operating income of −$4.8m (a -4.5% margin) and net income of $46,753. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Phoenix New Media Ltd: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	38	78	147	176	232	266	256	218	233	209	192	175	160	117	98	98	107
Cost of revenue	25	44	86	100	113	127	132	110	108	90	99	81	93	82	66	60	54
Gross profit	14	34	61	76	118	139	124	108	126	118	93	94	67	35	32	37	52
Research and development	2	5	11	14	18	24	27	24	28	31	31	25	25	20	12	10	9
Selling and marketing	7	11	25	31	44	54	55	51	73	81	78	41	43	31	22	26	38
General and administrative	4	6	12	17	16	22	29	27	22	25	35	40	52	14	16	11	10
Operating income	0	12	13	13	40	39	13	5	2	−19	−52	−15	−52	−29	−18	−9	−5
Interest expense	—	—	—	—	—	0	0	1	3	2	1	—	—	—	—	—	—
Income before tax	0	12	18	20	51	50	16	14	7	−7	100	79	−39	−29	−14	−7	1
Income tax	0	2	2	3	6	8	4	2	2	3	3	17	3	−10	2	1	1
Net income	0	11	16	17	45	43	12	12	6	−10	105	55	−32	−16	−14	−7	0
Diluted shares (average)	7m	7m	11m	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EBITDA	1	13	15	17	45	44	20	12	7	−14	−44	−9	−48	−25	−15	−7	−3

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Phoenix New Media Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Phoenix New Media Ltd.