Consolidated Statements of Cash Flows - CNY (¥) ¥ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net (loss)/income	¥ 365	¥ (52,946)	¥ (109,115)
Adjustments to reconcile net (loss)/income to net cash used in operating activities:
Share-based compensation	17	1,542	3,713
Provision for/(reversal of) allowance for expected credit losses, including related party amounts of RMB150, RMB(1,210) and RMB406 for the years ended December 31, 2023, 2024 and 2025, respectively)	(1,690)	(3,196)	14,337
Depreciation and amortization expense	10,673	13,819	21,531
Amortization of the right-of-use assets	16,444	21,098	21,032
Impairment of intangible assets	0	0	0
Loss from equity method investments, including impairment	3,924	15,964	11,125
Fair value changes in investments, net	(23,784)	(604)	440
Gain on disposition of a subsidiary			(548)
Deferred tax expense	9,927	6,912	18,890
Gain on disposal of long-lived assets	(574)	(127)	(754)
Foreign currency exchange loss/(gain)	(1,481)	1,519	1,945
Changes in operating assets and liabilities, net of effects of acquisition:
Accounts receivable	40,017	(29,082)	112,896
Prepayments and other current assets	(1,695)	4,437	(2,781)
Amounts due from related parties	1,606	(17,750)	(11,380)
Other non-current assets	2,422	(435)	6,473
Accounts payable	(22,822)	22,576	(54,699)
Advances from customers	(2,901)	(5,093)	2,255
Salary and welfare payable	(13,404)	163	(8,040)
Taxes payable	885	6,340	(5,892)
Amounts due to related parties	4,817	2,157	(42,563)
Accrued expenses and other current liabilities	(8,950)	(5,785)	(17,384)
Other liabilities	(16,461)	(25,812)	(22,308)
Net cash provided by/(used in) operating activities	(2,665)	(44,303)	(60,827)
Cash flows from investing activities:
Purchase of property and equipment and intangible assets	(13,045)	(5,221)	(9,717)
Placement of term deposits and short-term investments	(2,412,349)	(3,242,807)	(1,278,637)
Maturity of term deposits and short-term investments	2,366,449	3,374,846	1,770,825
Return of equity investment principal from certain investee			1,072
Dividends received from the equity investment	1,172	427	530
Proceeds from disposal of long-lived assets	736	273	3,771
Net cash provided by/(used in) investing activities	(57,037)	127,518	487,844
Cash flows from financing activities:
Repurchase of ordinary shares		(825)	(655)
Dividends paid to noncontrolling shareholders	(1,000)	(1,076)
Net cash used in financing activities	(1,000)	(1,901)	(655)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2,987)	1,570	3,057
Net increase/(decrease) in cash, cash equivalents and restricted cash	(63,689)	82,884	429,419
Cash, cash equivalents and restricted cash at the beginning of the year	617,340	534,456	105,037
Cash and cash equivalents at the beginning of the year	607,579	527,407	95,982
Restricted cash at the beginning of the year	9,761	7,049	9,055
Cash, cash equivalents and restricted cash at the end of the year	553,651	617,340	534,456
Cash and cash equivalents at the end of the year	537,549	607,579	527,407
Restricted cash at the end of the year	16,102	9,761	7,049
Supplemental disclosure of cash flow information:
Cash paid during the period for income taxes	¥ 126	¥ 87	¥ 62

Consolidated Balance Sheets ¥ in Thousands, $ in Millions	Dec. 31, 2025 CNY (¥)	Dec. 31, 2024 CNY (¥)
Current assets:
Cash and cash equivalents	¥ 537,549	¥ 607,579
Term deposits and short term investments	464,226	428,343
Restricted cash	16,102	9,761
Accounts receivable, net	293,119	326,795
Prepayments and other current assets	32,905	25,470
Total current assets	1,418,293	1,474,352
Non-current assets:
Property and equipment, net	10,728	4,440
Intangible assets, net	10,415	13,723
Available-for-sale debt investments	306	313
Equity investments, net	104,124	85,436
Deferred income tax assets, net	53,331	63,258
Operating lease right-of-use assets, net	41,957	56,791
Other non-current assets	10,635	13,614
Total non-current assets	231,496	237,575
Total assets	1,649,789	1,711,927
Current liabilities (including amounts of the consolidated VIEs, excluding inter-company amounts, without recourse to the Company of RMB228,861 and RMB222,449 as of December 31, 2024 and 2025, respectively. Note 1):
Accounts payable	122,420	144,670
Advances from customers	26,203	29,104
Taxes payable	176,404	175,932
Salary and welfare payable	73,203	86,607
Accrued expenses and other current liabilities	56,782	65,708
Operating lease liabilities	14,098	10,972
Total current liabilities	498,254	537,320
Non-current liabilities (including amounts of the consolidated VIEs, excluding inter-company amounts, without recourse to the Company of RMB17,305 and RMB10,289 as of December 31, 2024 and 2025, respectively. Note 1):
Long-term liabilities	13,996	15,497
Operating lease liabilities	29,224	45,700
Total non-current liabilities	43,220	61,197
Total liabilities	541,474	598,517
Commitments and contingencies (Note 20)
Shareholders’ equity:
Additional paid-in capital	1,642,094	1,642,077
Treasury stock (5,807,088 shares as of December 31, 2024 and 2025, respectively)	(1,480)	(1,480)
Statutory reserves	100,214	99,124
Accumulated deficits	(567,455)	(566,701)
Accumulated other comprehensive loss	(41,782)	(37,305)
Total Phoenix New Media Limited shareholders’ equity	1,171,143	1,175,267
Noncontrolling interests	(62,828)	(61,857)
Total shareholders’ equity	1,108,315	1,113,410
Total liabilities and shareholders’ equity	1,649,789	1,711,927
Related Party [Member]
Current assets:
Amounts due from related parties	74,392	76,404
Current liabilities (including amounts of the consolidated VIEs, excluding inter-company amounts, without recourse to the Company of RMB228,861 and RMB222,449 as of December 31, 2024 and 2025, respectively. Note 1):
Amounts due to related parties	29,144	24,327
Class A ordinary shares
Shareholders’ equity:
Ordinary shares	17,499	17,499
Treasury stock (5,807,088 shares as of December 31, 2024 and 2025, respectively)	(1,500)
Class B ordinary shares
Shareholders’ equity:
Ordinary shares	¥ 22,053	¥ 22,053