Is there a way to decode this PHP code?

I have this PHP code, and it appears to be obfuscated, instead of the massive line of code, I just substituted it with the word "code":

<?php
eval("?>".gzuncompress(base64_decode("code"))); ?>

Would there be any potential way of decoding said 开发者_高级运维code?

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Sure, just replace the eval() with echo(). Based on experience, though, the code in there will probably be obfuscated as well.

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echo gzuncompress(base64_decode("code")));

And, then, use auto format feature of some IDE