Phoenix New Media R&D Spending Growth & History (FENG)
Phoenix New Media's r&d spending was ¥64.6M for fiscal 2025.
View full Phoenix New Media company overviewPhoenix New Media annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥64.6M | −¥6.2M | −8.69% |
| 2024 | 2024-12-31 | ¥70.8M | −¥11.9M | −14.40% |
| 2023 | 2023-12-31 | ¥82.7M | −¥49.1M | −37.29% |
| 2022 | 2022-12-31 | ¥131.8M | −¥26.8M | −16.89% |
| 2021 | 2021-12-31 | ¥158.6M | −¥13.4M | −7.79% |
| 2020 | 2020-12-31 | ¥172.0M | −¥44.8M | −20.65% |
| 2019 | 2019-12-31 | ¥216.7M | ¥12.0M | +5.87% |
| 2018 | 2018-12-31 | ¥204.7M | ¥12.4M | +6.45% |
| 2017 | 2017-12-31 | ¥192.3M | ¥30.4M | +18.81% |
| 2016 | 2016-12-31 | ¥161.9M | −¥8.8M | −5.17% |
| 2015 | 2015-12-31 | ¥170.7M | ¥20.7M | +13.81% |
| 2014 | 2014-12-31 | ¥150.0M | ¥41.3M | +38.01% |
| 2013 | 2013-12-31 | ¥108.7M | ¥17.4M | +19.05% |
| 2012 | 2012-12-31 | ¥91.3M | ¥22.3M | +32.27% |
| 2011 | 2011-12-31 | ¥69.0M | ¥38.0M | +122.56% |
| 2010 | 2010-12-31 | ¥31.0M | ¥14.4M | +87.06% |
| 2009 | 2009-12-31 | ¥16.6M | — | — |
Phoenix New Media quarterly r&d spending
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ¥14.7M | −¥1.9M | −11.38% |
| Q1 2026 | 2026-03-31 | ¥15.1M | −¥2.0M | −11.52% |
| Q4 2025 | 2025-12-31 | ¥14.7M | — | — |
| Q3 2025 | 2025-09-30 | ¥16.3M | — | — |
| Q2 2025 | 2025-06-30 | ¥16.6M | — | — |
| Q1 2025 | 2025-03-31 | ¥17.0M | — | — |
Phoenix New Media r&d spending trends
Over the last five fiscal years, Phoenix New Media's r&d spending decreased from ¥172.0M to ¥64.6M, a change of −¥107.4M. The latest reported quarter, Q2 2026, shows ¥14.7M.
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Phoenix New Media source filings ↗