Quick Answer
Phoenix New Media Ltd reported Total Revenue of $703.70 million for fiscal year 2024.
Phoenix New Media Ltd — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $703.70M +1.7% |
$692.02M -11.9% |
$785.71M -23.7% |
$1.03B -14.8% |
$1.21B -9.0% |
$1.33B -3.5% |
| Revenue (ASC 606) | $703.70M +1.7% |
$692.02M -11.9% |
$785.71M -23.7% |
$1.03B -14.8% |
$1.21B -9.0% |
$1.33B -3.5% |
| Net Income | — | — | — | — | — | — |
| Total Assets | $1.71B -2.7% |
$1.76B -13.4% |
$2.03B -15.6% |
$2.41B -13.2% |
$2.77B -47.9% |
$5.33B +15.0% |
| Cash and Equivalents | $607.58M +15.2% |
$527.41M +449.5% |
$95.98M -49.2% |
$188.98M -47.2% |
$357.80M +15.1% |
$310.88M +93.0% |
| Stockholders Equity | $1.18B -4.1% |
$1.23B -7.2% |
$1.32B -7.6% |
$1.43B -12.7% |
$1.64B -50.9% |
$3.33B +8.2% |
| R&D Expense | $70.75M -14.4% |
$82.66M -37.3% |
$131.81M -16.9% |
$158.59M -7.8% |
$171.99M -20.6% |
$216.74M +5.9% |
| Operating Income | -$64.72M +48.5% |
-$125.70M +34.3% |
-$191.44M +43.0% |
-$336.10M -227.7% |
-$102.58M +71.2% |
-$356.11M -187.9% |
| Gross Profit | $268.71M +17.9% |
$227.88M -3.9% |
$237.20M -45.2% |
$432.93M -33.3% |
$649.56M +0.8% |
$644.45M -17.4% |
- Phoenix New Media Ltd reported Total Revenue of $703.70 million for fiscal year 2024.
- Phoenix New Media Ltd showed an increase of +1.7% in Total Revenue compared to the prior fiscal year.
- Phoenix New Media Ltd reported Revenue (ASC 606) of $703.70 million for fiscal year 2024.
- Phoenix New Media Ltd showed an increase of +1.7% in Revenue (ASC 606) compared to the prior fiscal year.
- Phoenix New Media Ltd reported Net Income of $11.61 million for fiscal year 2016.
- Phoenix New Media Ltd showed a decrease of -84.2% in Net Income compared to the prior fiscal year.
- Phoenix New Media Ltd reported Total Assets of $1.71 billion for fiscal year 2024.
- Phoenix New Media Ltd showed a decrease of -2.7% in Total Assets compared to the prior fiscal year.
- Phoenix New Media Ltd reported Cash and Equivalents of $607.58 million for fiscal year 2024.
- Phoenix New Media Ltd showed an increase of +15.2% in Cash and Equivalents compared to the prior fiscal year.
- Phoenix New Media Ltd reported Stockholders Equity of $1.18 billion for fiscal year 2024.
- Phoenix New Media Ltd showed a decrease of -4.1% in Stockholders Equity compared to the prior fiscal year.
- Phoenix New Media Ltd reported R&D Expense of $70.75 million for fiscal year 2024.
- Phoenix New Media Ltd showed a decrease of -14.4% in R&D Expense compared to the prior fiscal year.
- Phoenix New Media Ltd reported Operating Income of -$64.72 million for fiscal year 2024.
- Phoenix New Media Ltd showed an increase of +48.5% in Operating Income compared to the prior fiscal year.
- Phoenix New Media Ltd reported Gross Profit of $268.71 million for fiscal year 2024.
- Phoenix New Media Ltd showed an increase of +17.9% in Gross Profit compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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