Phoenix New Media (NYSE:FENG), a digital media company in China, reported a net income of $6.5 million for the fourth quarter of 2025 on Wednesday.
The results mark a significant turnaround for the Wangjing-based firm, which has spent much of the last year restructuring its content delivery and advertising platforms amid a shifting regulatory and macroeconomic landscape in China.
On a per-share basis, the company reported a profit of 54 cents.
When adjusted for non-recurring gains, earnings stood at 38 cents per share.
Revenue for the three-month period reached $31.8 million, driven largely by a recovery in premium advertising demand and growth in its specialized vertical channels.
For the full year 2025, Phoenix New Media narrowly avoided an annual loss, reporting a total profit of $52,000.
Total annual revenue was reported at $109.5 million.
The thin annual margin reflects a volatile first half of the year, which was offset by the company’s aggressive cost-optimization measures and a pivot toward AI-integrated news aggregation.
The company’s flagship mobile application, Ifeng News, continues to be its primary engine for user engagement.