Sohu.com(US:SOHU) Jing Ji Guan Cha Wang·2026-02-12 22:55Group 1 - The core viewpoint of the article highlights Sohu's financial performance for Q4 and the full year of 2025, showcasing a 6% year-over-year revenue growth in Q4 and a significant reduction in losses compared to 2024 [1][3] - In Q4 2025, total revenue reached $14.2 million, with online gaming revenue contributing $12 million, reflecting a 10% increase year-over-year, while marketing services revenue declined by 10% to $1.7 million [1] - For the full year 2025, total revenue amounted to $58.4 million, with online gaming revenue exceeding 80% of total revenue at $50.6 million, and a non-GAAP loss of $51 million, a nearly 40% improvement from a loss of $83 million in 2024 [1] Group 2 - The company's gross margin for Q4 2025 was 75%, which is a 2 percentage point increase compared to the previous year [1] - Sohu's CEO, Zhang Chaoyang, indicated that marketing services revenue exceeded expectations while online gaming revenue met forecasts, emphasizing the importance of product optimization and long-term operations for enhancing commercialization opportunities [1] - As of February 5, 2026, Sohu had repurchased 8.1 million American Depositary Shares for approximately $106 million, completing most of its previously announced $150 million buyback plan [1][3] Group 3 - In the stock market, Sohu's share price experienced a fluctuation of 13.06% over the week from February 6 to February 12, with a closing price of $16.19 on February 12, reflecting a 1.63% increase from the opening price on February 6 [2] - The trading volume peaked on February 10, reaching 103,300 shares, while the overall trading volume for the week was approximately $4.13 million [2] - During the same period, the Nasdaq index rose by 2.15%, but the digital entertainment sector, to which Sohu belongs, saw a decline of 1.46% [2]