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wrote a column · Feb 9 14:24

Sohu's Q4 2025 revenue was 142 million US dollars, a year-on-year increase of 6%

On February 9, Sohu Company announced its unaudited financial report for the fourth quarter and full year of 2025, ending December 31, 2025. Sohu's total revenue in the fourth quarter was 142 million US dollars, with the annual total revenue reaching 584 million US dollars. $Sohu.com (SOHU.US)$ In Q4 2025, Sohu Company’s total revenue reached 142 million USD, marking a 6% increase compared to the same period in 2024. Of this, marketing services revenue was 17 million USD, while online gaming revenue was 120 million USD. For the entire year of 2025, Sohu Company’s total revenue amounted to 584 million USD. Marketing services revenue was 60 million USD, and online gaming revenue totaled 506 million USD. After excluding the impact of deferred tax adjustments related to Changyou, Sohu reported a non-GAAP net loss of 51 million USD in 2025, representing a nearly 40% reduction from the 83-million-USD loss in 2024. Dr. Charles Zhang, Chairman and CEO of Sohu, commented: 'In Q4 2025, our marketing services revenue exceeded expectations, and online gaming revenue met expectations. Excluding the impact of deferred tax adjustments related to Changyou, the group’s non-GAAP net loss reached the best expected range.' On the Sohu media platform, we continue to refine our products, optimize algorithms, and meet user needs across various scenarios while enhancing user experience. We consistently host diverse innovative activities that generate a large amount of high-quality content, promote deep user engagement, and help us achieve...
On February 9, Sohu Company announced its unaudited financial report for the fourth quarter and full year of 2025, ending December 31, 2025. Sohu's total revenue in the fourth quarter was 142 million US dollars, with the annual total revenue reaching 584 million US dollars. $Sohu.com (SOHU.US)$
In Q4 2025, Sohu Company’s total revenue reached 142 million USD, marking a 6% increase compared to the same period in 2024. Of this, marketing services revenue was 17 million USD, while online gaming revenue was 120 million USD.
For the entire year of 2025, Sohu Company’s total revenue amounted to 584 million USD. Marketing services revenue was 60 million USD, and online gaming revenue totaled 506 million USD. After excluding the impact of deferred tax adjustments related to Changyou, Sohu reported a non-GAAP net loss of 51 million USD in 2025, representing a nearly 40% reduction from the 83-million-USD loss in 2024.
Dr. Charles Zhang, Chairman and CEO of Sohu, commented: 'In Q4 2025, our marketing services revenue exceeded expectations, and online gaming revenue met expectations. Excluding the impact of deferred tax adjustments related to Changyou, the group’s non-GAAP net loss reached the best expected range.'
On the Sohu media platform, we continue to refine our products, optimize algorithms, meet user needs in various scenarios, and enhance user experience. We continuously host a variety of innovative activities, generating large amounts of high-quality content, promoting deeper user engagement, and helping us secure more commercial opportunities.' Zhang further noted: 'Regarding the online gaming business, we are committed to long-term operations, consistently delivering high-quality content updates and an improved gaming experience for players.'
Additionally, under Sohu’s previously announced American Depositary Shares repurchase program with a maximum total value of 150 million U.S. dollars, as of February 5, 2026, Sohu has repurchased 8.1 million American Depositary Shares for approximately 106 million U.S. dollars.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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