Phoenix New Media (FENG) Operating Expenses (2010 - 2026)
Phoenix New Media's (FENG) quarterly Operating Expenses came in at -$19.0 million in Q1 2026, down 36.23% year-on-year from -$29.8 million in Q1 2025, and down 33.77% quarter-over-quarter from -$14.2 million in Q4 2025.
Phoenix New Media (FENG) Operating Expenses (2010 - 2026) Analysis & Trends
Phoenix New Media has disclosed Operating Expenses across 17 years of filings, most recently posting -$19.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$19.0 million, down 36.23% year-over-year; the trailing twelve-month figure through Mar 2026 was -$62.3 million (down 26.93% YoY), and the FY2025 annual result was -$58.4 million, down 27.89% from the prior year.
- Operating Expenses came in at -$19.0 million for Q1 2026 at Phoenix New Media, down from -$14.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$6004.0 in Q4 2022 to a low of -$22.1 million in Q1 2022.
- The 5-year median for Operating Expenses is -$13.9 million (2025), against an average of -$13.6 million.
- Across the five-year window, Operating Expenses jumped 99.98% in 2022 and slumped 160293.07% in 2023, its largest moves.
- Phoenix New Media's Operating Expenses stood at -$6004.0 in 2022, then tumbled by 160293.07% to -$9.6 million in 2023, then slipped by 28.46% to -$12.4 million in 2024, then fell by 14.68% to -$14.2 million in 2025, then sank by 33.77% to -$19.0 million in 2026.
- The last three Operating Expenses figures came in at -$19.0 million (Q1 2026), -$14.2 million (Q4 2025), and -$15.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 527.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 70.20 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 33.44 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 512.79 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 483.00 Mn |
| 10 | Phoenix New Media | 147.13 Mn | -2.98 Mn | 14.64 Mn | -18.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -6,004.00 |
| 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 |
| Jun 30, 2021 | -23.92 Mn |