Core Insights - Sohu reported its Q4 and full-year financial results for 2025, showing a total revenue of $142 million for Q4 and $584 million for the entire year, with a 6% year-over-year growth in Q4 revenue [1] - The company’s marketing services revenue for Q4 was $17 million, while online gaming revenue reached $120 million [1] - For the full year, marketing services revenue totaled $60 million, and online gaming revenue was $506 million, with a non-GAAP net loss of $51 million, a significant reduction from a loss of $83 million in 2024 [1] Financial Performance - Q4 total revenue: $142 million, up 6% from Q4 2024 [1] - Full-year total revenue: $584 million [1] - Q4 marketing services revenue: $17 million [1] - Q4 online gaming revenue: $120 million [1] - Full-year marketing services revenue: $60 million [1] - Full-year online gaming revenue: $506 million [1] - Non-GAAP net loss for 2025: $51 million, improved from $83 million in 2024 [1] Management Commentary - The CEO, Zhang Chaoyang, noted that Q4 marketing services revenue exceeded expectations, while online gaming revenue met forecasts [1] - The company is focused on enhancing its media platform by improving products and algorithms to better meet user needs and increase engagement [1] - In the online gaming sector, Sohu is committed to long-term operations, providing high-quality content updates and superior gaming experiences [1] Stock Buyback - Sohu has initiated a stock buyback program with a total amount of up to $150 million, having repurchased 8.1 million American Depositary Shares for approximately $106 million as of February 5, 2026 [1]
搜狐财报:2025年Q4营收1.42亿美元,全年总收入5.84亿美元