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 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 27.57%
6 Pinterest 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
DateValue
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%