Phoenix New Media reported second quarter 2026 unaudited financial results for the period ended June 30, 2026. Total revenues increased 15.8% to RMB216.7 million (US$31.9 million), driven by a 106.5% surge in paid services revenues to RMB69.8 million, which offset a 4.2% decline in net advertising revenues to RMB146.9 million. Gross profit rose 34.9% to RMB124.1 million with gross margin expanding to 57.3%. The company reported a net income of RMB6.5 million (US$1.0 million), reversing a net loss of RMB10.4 million in the prior year period. Management provided third quarter revenue guidance between RMB220.9 million and RMB235.9 million. Phoenix New Media Limited operates as a leading new media company in China, providing premium content through integrated internet platforms including news, digital reading, and mobile applications.