Phoenix New Media FENG
NYSE FENG
$1.50 +0.00 (+0.13%)
As of: Aug 31, 2026 · 9:46 AM EDT

Phoenix New Media (FENG) Operating Expenses (2010 - 2026)

Phoenix New Media (FENG) posted Operating Expenses of -$19.0 million for Q1 2026, down 33.77% sequentially from -$14.2 million in Q4 2025, and down 36.23% YoY from -$29.8 million in Q1 2025.

Analysis

Phoenix New Media (FENG) Operating Expenses (2010 - 2026) Analysis & Trends

Phoenix New Media has reported Operating Expenses for 17 years, with the latest figure at -$19.0 million in Q1 2026.

  • Quarterly Operating Expenses fell 36.23% year-over-year to -$19.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$62.3 million (down 26.93% YoY) and the FY2025 annual result came in at -$58.4 million, down 27.89% from the prior year.
  • Operating Expenses declined to -$19.0 million in Q1 2026 per FENG's latest filing, from -$14.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$6004.0 in Q4 2022 and troughed at -$22.1 million in Q1 2022.
  • A 5-year average of -$13.6 million and a median of -$13.9 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 99.98% in 2022, then slumped 160293.07% in 2023.
  • Over 5 years, Operating Expenses stood at -$6004.0 in 2022, then tumbled by 160293.07% to -$9.6 million in 2023, then declined by 28.46% to -$12.4 million in 2024, then decreased by 14.68% to -$14.2 million in 2025, then sank by 33.77% to -$19.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$19.0 million, -$14.2 million, and -$15.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 79.03 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 42.03 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 640.46 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 758.20 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 573.19 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -379.21 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -191.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 1.23 Bn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 607.66 Mn
10 Phoenix New Media 21.62 Mn -123.23 Mn 18.30 Mn -19.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -19.07 Mn
Mar 31, 2026 -18.98 Mn
Dec 31, 2025 -14.19 Mn
Sep 30, 2025 -15.31 Mn
Jun 30, 2025 -13.85 Mn
Mar 31, 2025 -13.93 Mn
Dec 31, 2024 -12.37 Mn
Sep 30, 2024 -12.57 Mn
Jun 30, 2024 -10.23 Mn
Mar 31, 2024 -11.16 Mn
Dec 31, 2023 -9.63 Mn
Sep 30, 2023 -12.46 Mn
Jun 30, 2023 -12.63 Mn
Mar 31, 2023 -14.95 Mn
Dec 31, 2022 -6.00 Mn
Sep 30, 2022 -14.47 Mn
Jun 30, 2022 -21.56 Mn
Mar 31, 2022 -22.07 Mn
Dec 31, 2021 -24.86 Mn
Sep 30, 2021 -45.97 Mn