搜狐(SOHU.US)2025年Q4营收1.42亿美元 同比增长6%

Core Insights - Sohu Inc. reported its unaudited financial results for Q4 and the full year of 2025, with total revenue of $142 million for Q4 and $584 million for the entire year [1][3] Group 1: Financial Performance - In Q4 2025, Sohu's total revenue was $142 million, representing a 6% increase compared to the same period in 2024 [3] - For the full year 2025, Sohu's total revenue reached $584 million, with marketing services revenue of $60 million and online gaming revenue of $506 million [3] - After excluding the impact of the write-off of Changyou's deferred income tax, Sohu reported a non-GAAP net loss of $51 million for 2025, a reduction of nearly 40% compared to a loss of $83 million in 2024 [3] Group 2: Management Commentary - Sohu's Chairman and CEO, Dr. Zhang Chaoyang, noted that Q4 marketing services revenue exceeded previous expectations, while online gaming revenue met expectations [3] - The company is focused on enhancing its media platform by improving products and algorithms to meet user needs and enhance user experience [3] - In the online gaming sector, Sohu is committed to long-term operations, continuously providing high-quality content updates and superior gaming experiences for players [3] Group 3: Stock Buyback Program - As part of its previously announced stock buyback program, Sohu has repurchased 8.1 million American Depositary Shares for a total amount of approximately $106 million as of February 5, 2026 [3]