Phoenix New Media Ltd (FENG) Operating Margin (2010 - 2026)
Phoenix New Media's Operating Margin was -2.42% in the quarter ended Jun 30, 2026, down 2.42 percentage points from 0.00% a year earlier but up 13.43 percentage points from the prior quarter.
Phoenix New Media Ltd (FENG) Operating Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Phoenix New Media's Operating Margin was -2.91% through Jun 30, 2026, up 5.09 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -4.49%, up 4.71 percentage points from the prior year.
- Operating Margin has now increased for four consecutive years, with a five-year change of +3.99 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Operating Margin was -9.20% in the year ended Dec 31, 2024 (+8.97 pp), -18.16% in the year ended Dec 31, 2023 (+6.20 pp), -24.36% in the year ended Dec 31, 2022 (+8.15 pp) and -32.51% in the year ended Dec 31, 2021 (-24.03 pp).
- Quarterly Operating Margin has moved between -84.35% (the quarter ended Sep 30, 2021) and 20.87% (the quarter ended Dec 31, 2022) over five years.
- Compared with a year earlier, Operating Margin was higher in five of the last eight quarters, with an average year-over-year change of +3.70 percentage points.
- The best year-over-year quarter for Operating Margin over five years was the quarter ended Sep 30, 2022 (a gain of 65.57 percentage points); the worst was the quarter ended Sep 30, 2021 (a drop of 74.96 percentage points).
- Per Business Quant data, FENG's Operating Margin in the three quarters before the quarter ended Jun 30, 2026 was -15.85% (quarter ended Mar 31, 2026), 11.02% (quarter ended Dec 31, 2025) and -6.62% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.42% |
| Mar 31, 2026 | -15.85% |
| Dec 31, 2025 | 11.02% |
| Sep 30, 2025 | -6.62% |
| Jun 30, 2025 | 0.00% |
| 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% |
Phoenix New Media Ltd Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=FENG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "FENG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=FENG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();