Sohu: Total revenue in Q4 2025 is $142 million, up 6% year-over-year

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On February 9th during the daytime, Sohu announced its unaudited financial report for the fourth quarter and full year of 2025, ending December 31, 2025. The report shows that Sohu’s total revenue for the fourth quarter was $142 million, a 6% increase compared to the same period in 2024. The full-year total revenue was $584 million, a 2% decrease compared to 2024, with marketing services revenue of $60 million and online gaming revenue of $506 million.

Sohu Chairman and CEO Zhang Chaoyang stated, “In the fourth quarter of 2025, the company’s marketing services revenue exceeded previous expectations, and online gaming revenue met expectations. Excluding the impact of the write-down of Changyou’s accrued income tax, the group’s non-GAAP net loss reached the best prior forecast.”

Previously, Sohu announced a share repurchase plan of up to $150 million for American depositary shares. As of February 5, 2026, Sohu had repurchased 810,000 ADSs, totaling approximately $106 million.

Sohu expects that in the first quarter of 2026, the company’s marketing services revenue will be between $10 million and $11 million, and online gaming revenue will be between $113 million and $123 million.

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