Sohu.com Ltd (SOHU) SEC Filings & Earnings Calls
EquiReason read 7 Sohu.com Ltd SEC filings in the last 12 months. Latest: 6-K on 2026-09-16 — Annual general meeting results: directors elected, auditor ratified; routine governance, no material event..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 328.7M
- P/E TTM
- —
- Dividend yield
- —
- 52-week
- —
- Next earnings
- 16 Nov, in 23 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
10 Aug 20266-KSohu.com reported Q2 2026 revenues of $136M (+7% YoY), GAAP net income of $0.2M vs loss of $20M YoY, driven by online games growth and tax benefit.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q2-2026 | $136M | +7% y/y |
| Marketing services revenues · marketing_services · Q2-2026 | $15M | -3% y/y |
| Online game revenues · online_games · Q2-2026 | $116M | +10% y/y |
| GAAP net income attributable to Sohu.com Limited · Q2-2026 | $200000.00 | |
| Non-GAAP net income attributable to Sohu.com Limited · Q2-2026 | $500000.00 | |
| Cash and cash equivalents, short-term investments and long-term time deposits · Q2-2026 | $1.20B | |
| PC games MAU · pc_games · Q2-2026 | 2,600,000 | +10% y/y |
| PC games APA · pc_games · Q2-2026 | 1,000,000 | +5% y/y |
| Mobile games MAU · mobile_games · Q2-2026 | 1,700,000 | -13% y/y |
Risks flagged
Dependence on online games for growth; marketing services declining; tax benefit non-recurring.
“Marketing services revenues down 3% YoY; GAAP net income includes $13M one-time tax benefit.”
18 May 20266-KSohu reported Q1 2026 revenues of $141M (+4% YoY), GAAP net loss of $4M vs net income of $182M in Q1 2025 (prior year included $199M tax benefit). Non-GAAP net loss $4M vs loss of $16M YoY. Online game revenues grew 6% YoY.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q1-2026 | $141M | +4% y/y |
| Online game revenues · Online games · Q1-2026 | $125M | +6% y/y |
| Marketing services revenues · Marketing services · Q1-2026 | $13M | -8% y/y |
| GAAP net loss attributable to Sohu.com Limited · Q1-2026 | $-4M | |
| Non-GAAP net loss attributable to Sohu.com Limited · Q1-2026 | $-4M | |
| Cash and cash equivalents, short-term investments and long-term time deposits · Q1-2026 | $1.20B |
Risks flagged
Declining marketing services revenue and GAAP net loss indicate ongoing challenges in advertising segment.
“Marketing services revenues were US$13 million, down 8% year-over-year and 26% quarter-over-quarter.” · word for word
12 Mar 202620-FAnnual report (20-F) for FY2025 with segment name change and revenue breakdown; no material event.open
Figures in the filing · each found in the filing text
| Total revenues · FY2025 | $584M | |
| Marketing services revenues · Sohu · FY2025 | $60M | |
| Online game revenues · Changyou · FY2025 | $506M | |
| Other revenues · Sohu · FY2025 | $19M | |
| PC game revenues · Changyou · FY2025 | $413M | |
| Mobile game revenues · Changyou · FY2025 | $93M | |
| TLBB PC revenues · Changyou · FY2025 | $307M | |
| Legacy TLBB Mobile revenues · Changyou · FY2025 | $41M |
Risks flagged
Single game concentration risk
“For the year ended December 31, 2025, revenues from TLBB PC were $306.9 million, accounting for approximately 61% of Changyou’s online game revenues, approximately 60% of Changyou’s total revenues, and approximately 53% of the Sohu Group’s total revenues.” · word for word
License renewal risk for key IP
“Changyou has license rights to use certain word and graphic-text combination trademarks, including Tian Long Ba Bu... After the expiration of their terms Changyou may not be able to renew these license agreements with commercial terms that are favorable to Changyou, if at all, and Changyou’s inability to renew these license agreements could cause Changyou to” · word for word
9 Feb 20266-KSohu.com reports Q4 2025 total revenue $142M (+6% YoY). GAAP net income $223M vs net loss $21M prior year, driven by $285M withholding tax reversal. Non-GAAP net income $261M. FY2025 revenue $584M (-2% YoY). Online game revenue $120M (+10%earningsopen
Figures in the filing · each found in the filing text
| Total Revenues · Q4-2025 | $142M | +6% y/y |
| Total Revenues · FY2025 | $584M | -2% y/y |
| Marketing Services Revenues · marketing_services · Q4-2025 | $17M | -10% y/y |
| Marketing Services Revenues · marketing_services · FY2025 | $60M | -18% y/y |
| Online Game Revenues · online_games · Q4-2025 | $120M | +10% y/y |
| Online Game Revenues · online_games · FY2025 | $506M | +1% y/y |
| GAAP Gross Margin · Q4-2025 | 75.0% | |
| GAAP Net Income Attributable to Sohu.com Limited · Q4-2025 | $223M | |
| Non-GAAP Net Income Attributable to Sohu.com Limited · Q4-2025 | $261M | |
| GAAP Net Income Attributable to Sohu.com Limited · FY2025 | $394M |
Risks flagged
Goodwill impairment of $37M indicates potential overpayment for past acquisitions or declining business performance.
“GAAP operating expenses for the fourth quarter of 2025 included a goodwill impairment charge of approximately $37 million.” · word for word
Marketing services revenue declining 18% for FY2025, indicating structural challenges in advertising business.
“Marketing services revenues were US$60 million, down 18% compared with 2024.” · word for word
GAAP operating loss of $66M in Q4, though partly due to goodwill impairment.
“GAAP operating loss was US$66 million, compared with an operating loss of US$25 million in the fourth quarter of 2024.” · word for word
17 Nov 20256-KSohu reports Q3 2025 total revenues up 19% YoY to US$180M, driven by online game revenues up 27% YoY; net income of US$9M vs loss a year ago; revenue and bottom line beat guidance.earningsopen
Figures in the filing · each found in the filing text
| Total revenues · Q3-2025 | $180M | +19% y/y |
| Online game revenues · Online games · Q3-2025 | $162M | +27% y/y |
| Marketing services revenues · Marketing services · Q3-2025 | $14M | -27% y/y |
| Net income attributable to Sohu.com Limited (GAAP) · Q3-2025 | $9M | |
| Gross margin (GAAP) · Q3-2025 | 81.0% | |
| Online game gross margin · Online games · Q3-2025 | 87.0% | |
| PC game MAU · PC games · Q3-2025 | 2,700,000 | +24% y/y |
| PC game APA · PC games · Q3-2025 | 1,100,000 | +27% y/y |
| Mobile game MAU · Mobile games · Q3-2025 | 1,900,000 | -42% y/y |
| Mobile game APA · Mobile games · Q3-2025 | 300,000 | -72% y/y |
Risks flagged
Mobile game MAU and APA declining sharply (-42% and -72% YoY) indicates reliance on PC games and new title sustainability risk.
“Mobile game MAU down 42% YoY; APA down 72% YoY due to natural decline of New Westward Journey.”
Marketing services revenue continues to decline (-27% YoY), indicating structural challenges in advertising business.
“Marketing services revenues were US$14 million, down 27% year-over-year.” · word for word
Sohu.com Ltd — questions
- What did Sohu.com Ltd file recently?
- 7 SEC filings in the last 12 months. Latest: 6-K on 2026-09-16 — Annual general meeting results: directors elected, auditor ratified; routine governance, no material event.
Every figure on this page comes from Sohu.com Ltd's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.