Phoenix New Media (FENG) Gross Margin (2010 - 2026)

Phoenix New Media has disclosed Gross Margin across 17 years of filings, most recently posting 53.49% for Q1 2026.

• Gross Margin for Q1 2026 came in at 53.49%, up 1307.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.64% (up 1096.0% YoY), and the FY2025 annual result was 48.87%, up 1069.0% from the prior year.
• Gross Margin came in at 53.49% for Q1 2026 at Phoenix New Media, down from 55.65% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 55.65% in Q4 2025 to a low of 18.85% in Q1 2022.
• The 5-year median for Gross Margin is 38.85% (2024), against an average of 37.77%.
• Across the five-year window, Gross Margin sank 3333 bps in 2022 and soared 1307 bps in 2026, its largest moves.
• Phoenix New Media's Gross Margin stood at 39.36% in 2022, then increased by 10 bps to 43.1% in 2023, then increased by 3 bps to 44.47% in 2024, then grew by 25 bps to 55.65% in 2025, then dropped by 4 bps to 53.49% in 2026.
• The last three Gross Margin figures came in at 53.49% (Q1 2026), 55.65% (Q4 2025), and 47.63% (Q3 2025), per Business Quant data.