Phoenix New Media (FENG) Operating Margin (2010 - 2026)
Phoenix New Media's (FENG) quarterly Operating Margin came in at 15.85% in Q1 2026, up 887.0% year-on-year from 1.61% in Q1 2025, and down 243.82% quarter-over-quarter from 11.02% in Q4 2025.
Phoenix New Media (FENG) Operating Margin (2010 - 2026) Analysis & Trends
Phoenix New Media has disclosed Operating Margin across 17 years of filings, most recently posting 15.85% for Q1 2026.
- Operating Margin for Q1 2026 came in at 15.85%, up 887.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.27% (up 623.0% YoY), and the FY2025 annual result was 4.49%, up 471.0% from the prior year.
- Operating Margin came in at 15.85% for Q1 2026 at Phoenix New Media, down from 11.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 20.87% in Q4 2022 to a low of 60.91% in Q1 2022.
- The 5-year median for Operating Margin is 15.85% (2026), against an average of 16.18%.
- Peak annual rise in Operating Margin reached 6557 bps in 2022, while the deepest fall reached 4235 bps in 2022.
- Phoenix New Media's Operating Margin stood at 20.87% in 2022, then plunged by 48 bps to 10.83% in 2023, then sank by 72 bps to 3.07% in 2024, then surged by 259 bps to 11.02% in 2025, then slumped by 244 bps to 15.85% in 2026.
- The last three Operating Margin figures came in at 15.85% (Q1 2026), 11.02% (Q4 2025), and 6.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -32.08% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 36.12% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 40.62% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 15.77% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 27.57% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -7.97% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 30.14% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -4.87% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 5.08% |
| 10 | Phoenix New Media | 147.13 Mn | -2.98 Mn | 14.64 Mn | -15.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.85% |
| Dec 31, 2025 | 11.02% |
| Sep 30, 2025 | -6.62% |
| Jun 30, 2025 | -3.85% |
| Mar 31, 2025 | -24.71% |
| Dec 31, 2024 | 3.07% |
| Sep 30, 2024 | -15.80% |
| Jun 30, 2024 | -5.31% |
| Mar 31, 2024 | -23.88% |
| Dec 31, 2023 | 10.83% |
| Sep 30, 2023 | -25.10% |
| Jun 30, 2023 | -19.80% |
| Mar 31, 2023 | -50.84% |
| Dec 31, 2022 | 20.87% |
| Sep 30, 2022 | -18.77% |
| Jun 30, 2022 | -49.45% |
| Mar 31, 2022 | -60.91% |
| Dec 31, 2021 | -17.51% |
| Sep 30, 2021 | -84.35% |
| Jun 30, 2021 | -13.55% |