搜狐第二季度财报：总收入1.26亿美元，净亏损同比收窄超40%

Core Insights - Sohu reported a total revenue of $126 million for Q2 2025, with a significant reduction in net loss by over 40% year-on-year, reaching the best expectations previously set [1][3] Financial Performance - Total revenue for Q2 2025 was $126 million, with marketing services revenue at $16 million and online gaming revenue at $106 million [3] - The non-GAAP net loss attributable to Sohu was $20 million, compared to a net loss of $34 million in the same quarter of 2024, indicating a year-on-year improvement of over 40% [3] Business Strategy - Sohu's founder and CEO, Zhang Chaoyang, highlighted that marketing services revenue met prior expectations, while online gaming revenue and group net loss also aligned with the best expectations [3] - The media division is focused on optimizing products to strengthen brand influence and capture more commercialization opportunities [3] - The online gaming business showed robust performance, attributed to a user-centric approach, continuous introduction of high-quality new content, and ongoing optimization of gaming experiences [3] Share Buyback Program - As part of a previously announced share repurchase program with a maximum total amount of $150 million, Sohu had repurchased 6.6 million American depositary shares for approximately $83 million as of July 31, 2025 [3]