StocksMedium•11 November 2026•
1 min read
Phoenix New Media Q3 Revenue Rises 8.3% Despite Advertising Slump
Key Facts
1Phoenix New Media reported Q3 revenue of $32.5M, an 8.3% increase year-over-year.
2The company reported a non-GAAP EPADS of -$0.02 for the third quarter.
3Net advertising revenues decreased by 6.3% to $22.3 million despite the overall revenue growth.
Phoenix New Media reported Q3 2026 revenue of $32.5 million, representing an 8.3% increase year-over-year. According to Seeking Alpha, the company posted a non-GAAP EPADS loss of -$0.02 for the quarter. Net advertising revenues decreased by 6.3% to $22.3 million, even as total revenue figures showed overall growth.
FENG closed at $1.35 on November 10, 2026, prior to the release of these mixed financial results. The data highlights a contraction in the core advertising segment, which fell to $22.3 million, contrasting with the broader revenue expansion reported by the media company.