Phoenix New Media (FENG) Research & Development (2010 - 2026)

Phoenix New Media has reported Research & Development for 17 years, with the latest figure at -$13.1 million in Q1 2026.

• Quarterly Research & Development fell 51.19% year-over-year to -$13.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$42.6 million (down 46.31% YoY) and the FY2025 annual result came in at -$38.9 million, down 54.26% from the prior year.
• Research & Development eased to -$13.1 million in Q1 2026 per FENG's latest filing, from -$9.6 million in the prior quarter.
• Over five years, Research & Development peaked at -$6433.0 in Q4 2022 and troughed at -$13.1 million in Q1 2026.
• A 5-year average of -$7.2 million and a median of -$6.9 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 99.95% in 2022, then sank 107035.08% in 2023.
• Over 5 years, Research & Development stood at -$6433.0 in 2022, then tumbled by 107035.08% to -$6.9 million in 2023, then slipped by 26.31% to -$8.7 million in 2024, then slipped by 10.59% to -$9.6 million in 2025, then plunged by 36.43% to -$13.1 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered -$13.1 million, -$9.6 million, and -$10.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.