FENGNYSETelevision Broadcasting Stations
Phoenix New Media Ltd
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026
$1.43−0.01 (-0.69%)
Close on Oct 19, 2026
Phoenix New Media Ltd revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net advertising services | CN¥614.33M | CN¥630.59M | CN¥619.26M | CN¥696.66M | CN¥930.03M | CN¥1.11B | CN¥1.19B | CN¥1.20B | CN¥1.35B | CN¥1.23B | 80.2% | -2.6% |
| Paid services | CN¥151.24M | CN¥73.11M | CN¥72.76M | CN¥89.04M | CN¥100.31M | CN¥95.83M | CN¥133.02M | CN¥178.13M | CN¥221.61M | CN¥212.70M | 19.8% | +106.9% |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net advertising services | CN¥614.33M | CN¥630.59M | CN¥619.26M | CN¥696.66M | CN¥930.03M | CN¥1.11B | CN¥1.19B | CN¥1.20B | CN¥1.35B | CN¥1.23B | 80.2% | -2.6% |
| Paid services | CN¥151.24M | CN¥73.11M | CN¥72.76M | CN¥89.04M | CN¥100.31M | CN¥95.83M | CN¥133.02M | CN¥178.13M | CN¥221.61M | CN¥212.70M | 19.8% | +106.9% |
| Revenues from paid contents | CN¥136.75M | CN¥46.57M | CN¥34.92M | CN¥33.85M | CN¥43.11M | CN¥46.18M | CN¥71.14M | CN¥94.07M | CN¥77.68M | – | 17.9% | +193.6% |
| Revenues from E-commerce and others | CN¥14.49M | CN¥26.53M | CN¥37.84M | CN¥55.20M | CN¥57.19M | CN¥49.65M | CN¥61.88M | – | – | – | 1.9% | -45.4% |
| Revenues from digital entertainment | – | – | – | – | – | – | – | CN¥132.32M | CN¥180.03M | CN¥158.75M | – | – |
| Revenues from games and others | – | – | – | – | – | – | – | CN¥46.79M | CN¥41.58M | CN¥53.95M | – | – |
| Revenues from games | – | – | – | – | – | CN¥161.00K | CN¥13.83M | CN¥14.73M | CN¥27.46M | – | – | – |
| Revenues from MVAS | – | – | – | – | – | CN¥13.08M | CN¥18.50M | CN¥55.04M | CN¥108.57M | – | – | – |
| Revenues from others | – | – | – | – | – | CN¥36.41M | CN¥29.54M | CN¥14.30M | CN¥7.91M | – | – | – |
By region
From the segment and revenue-disaggregation notes of Phoenix New Media's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.