Core Insights - Sohu reported total revenue of $180 million for Q3 2025, representing a year-over-year increase of 19% [2] - The company achieved a non-GAAP net profit of $9 million, marking a turnaround from a loss in the previous year [2] - CEO Dr. Zhang Chaoyang highlighted that marketing services revenue met expectations, while online gaming revenue and net profit exceeded prior forecasts [2] Revenue Breakdown - Marketing services revenue for Q3 2025 was $14 million [2] - Online gaming revenue reached $162 million [2] Strategic Initiatives - Sohu is focused on optimizing its media platform products and resource integration to enhance user experience [2] - The company aims to produce and distribute diverse high-quality content, leveraging its product matrix and unique IP for commercial opportunities [2] - Sohu's online gaming business has performed well due to a deep understanding of user needs and years of operational experience [2] Stock Buyback Program - As part of a previously announced stock buyback program of up to $150 million, Sohu repurchased 7.6 million American Depositary Shares for approximately $97 million as of November 13, 2025 [2]

Core Insights - Sohu reported a total revenue of $180 million for Q3 2025, reflecting a 19% increase compared to the same period in 2024, indicating steady growth in overall performance [2] - The company achieved a non-GAAP net profit of $9 million, marking a turnaround from a loss in the previous year [2] Revenue Breakdown - Marketing services revenue amounted to $14 million [2] - Online gaming revenue reached $162 million, significantly contributing to the overall revenue growth [2] Management Commentary - Sohu's CEO, Zhang Chaoyang, expressed satisfaction with the marketing services revenue aligning with expectations and highlighted the strong performance in online gaming, which exceeded prior forecasts [2] - The company is focused on optimizing its media platform, enhancing user experience, and diversifying quality content through its product matrix and unique IPs [2] Share Buyback Program - Sohu announced a share buyback program with a total amount of up to $150 million [2] - As of November 13, 2025, the company had repurchased 7.6 million American depositary shares for approximately $97 million [2]

Core Insights - Sohu reported a total revenue of $180 million for Q3 2025, representing a 19% increase compared to the same period in 2024, indicating a steady growth trend in overall performance [1] - The company achieved a non-GAAP net profit of $9 million, marking a turnaround from a loss in the previous year [1] Revenue Breakdown - Marketing services revenue for Q3 2025 was $14 million [1] - Online gaming revenue reached $162 million, showcasing strong performance in this segment [1] Management Commentary - Sohu's founder and CEO, Zhang Chaoyang, stated that marketing services revenue met prior expectations, and online gaming revenue and net profit exceeded forecasts due to ongoing efforts in the gaming business [1] - The company is focused on optimizing its media platform products and resource integration to enhance user experience and meet user demands [1] - Sohu aims to leverage its product matrix and unique IP to create diverse high-quality content and capitalize on commercial opportunities [1] Stock Buyback Program - As part of a previously announced stock buyback program with a total amount of up to $150 million, Sohu repurchased 7.6 million American Depositary Shares for approximately $97 million as of November 13, 2025 [1]

Core Insights - Sohu reported a total revenue of $180 million for Q3 2025, reflecting a 19% increase compared to the same period in 2024, indicating steady growth in overall performance [1][1][1] - The non-GAAP net profit attributable to Sohu was $9 million, marking a return to profitability year-over-year [1][1][1] Revenue Breakdown - Marketing services revenue amounted to $14 million [1] - Online gaming revenue reached $162 million, showcasing strong performance in this segment [1][1] Management Commentary - CEO Dr. Zhang Chaoyang highlighted that marketing services revenue met expectations and that online gaming revenue and net profit exceeded prior forecasts, contributing to the group's profitability for the quarter [1][1][1] - The company is focused on optimizing its media platform products and resource integration to enhance user experience and meet user demands [1][1] - Sohu aims to leverage its product matrix and unique IP to create diverse high-quality content and capitalize on commercial opportunities [1][1] Stock Buyback Program - As part of a previously announced stock buyback program with a maximum total amount of $150 million, Sohu repurchased 7.6 million American Depositary Shares for approximately $97 million as of November 13, 2025 [1][1]

Core Insights - Sohu Inc. reported a total revenue of $180 million for Q3 2025, reflecting a 19% increase compared to the same period in 2024, and achieved a net profit of $9 million under non-GAAP standards, marking a return to profitability year-over-year [1][3]. Financial Performance - Total revenue for Q3 2025 was $180 million, with marketing services revenue at $14 million and online gaming revenue at $162 million [3]. - The company achieved a net profit of $9 million, a significant improvement from a loss in the previous year [1][3]. Management Commentary - Dr. Zhang Chaoyang, founder and CEO, stated that marketing services revenue met expectations and that online gaming revenue and net profit exceeded prior forecasts due to ongoing efforts in the gaming sector [3]. - The company is focused on optimizing its media platform products and resource integration to enhance user experience and meet user demands [3]. Strategic Initiatives - Sohu is committed to producing and distributing diverse high-quality content through its product matrix and unique activities, aiming to inject vitality into the platform [3]. - The online gaming business has performed well due to the company's understanding of user needs and years of operational experience, with both new and existing games showing strong results [3]. Share Buyback Program - As part of a previously announced share repurchase program of up to $150 million, Sohu has repurchased 7.6 million American Depositary Shares for approximately $97 million as of November 13, 2025 [3].

Core Insights - Sohu reported a total revenue of $180 million for Q3 2025, reflecting a 19% increase compared to the same period in 2024, with a net profit of $9 million under non-GAAP standards, marking a turnaround from losses [2][2][2] Financial Performance - Total revenue for Q3 2025 was $180 million, with marketing services revenue at $14 million and online gaming revenue at $162 million [2][2][2] - The company achieved profitability for the quarter, exceeding previous expectations for both online gaming revenue and overall net profit [2][2][2] Management Commentary - CEO Dr. Zhang Chaoyang highlighted that marketing services revenue met prior expectations and attributed the strong performance in online gaming to the company's ongoing efforts and understanding of user needs [2][2][2] - The company is focused on optimizing its media platform, enhancing user experience, and diversifying quality content through its product matrix and unique IP [2][2][2] Share Buyback Program - As part of a previously announced share buyback program of up to $150 million, Sohu repurchased 7.6 million American Depositary Shares for approximately $97 million as of November 13, 2025 [2][2][2]

Core Insights - Sohu's Q2 2025 financial report demonstrates resilience, with total revenue of $126 million and a significant reduction in net loss by over 40% to $20 million, reflecting strategic determination during a transformation phase [1][3] Revenue Breakdown - The two core business segments of Sohu show differentiated development, with marketing services revenue stable at $16 million, indicating a solid foundation in the brand advertising market [3] - Online gaming revenue contributed $106 million, becoming the main revenue driver, attributed to a user-demand-centric product strategy [3] Operational Efficiency - The substantial improvement in non-GAAP net loss highlights Sohu's effectiveness in cost control and operational efficiency [3] - Sohu employs a dual-track strategy of "maintaining core strengths while innovating," optimizing media product functions and enhancing social operations to activate platform ecology [3] Capital Management - As of July 31, 2025, Sohu has repurchased 6.6 million American Depositary Shares for approximately $83 million, representing 55% of the maximum repurchase plan [4] - This capital operation strategy not only optimizes the capital structure but also signals management's confidence in the company's long-term value [4] - In a competitive internet industry, Sohu's refined operations have led to reduced losses and increased efficiency, showcasing strategic wisdom by focusing on core business depth rather than blind expansion [4]

Core Insights - Sohu reported a total revenue of $126 million for Q2 2025, with a net loss narrowing by over 40% year-on-year, meeting previous expectations [1][3] Financial Performance - Total revenue for Q2 2025 was $126 million, a decrease of 27% compared to Q2 2024 and a 7% decline from the previous quarter [3] - Marketing services revenue was $16 million, down 21% year-on-year but up 14% from the previous quarter [4] - Online gaming revenue reached $106 million, a decrease of 28% year-on-year and a 10% decline from the previous quarter [5] - The net loss attributable to Sohu under GAAP was $20 million, compared to a net loss of $38 million in Q2 2024 and a net profit of $182 million in the previous quarter [10] - Non-GAAP net loss was also $20 million, compared to a loss of $34 million in the same quarter last year and a loss of $16 million in the previous quarter [10] Profitability Metrics - Gross margin under both GAAP and non-GAAP was 78%, up from 67% in Q2 2024 and 76% in the previous quarter [6] - Marketing services gross margin was 17%, down from 20% year-on-year but up from 10% in the previous quarter [6] - Online gaming gross margin was 86%, compared to 76% in Q2 2024 and 85% in the previous quarter [6] Operating Expenses - Total operating expenses under both GAAP and non-GAAP were $120 million, a decrease of 25% year-on-year and a 1% decline from the previous quarter [7] Operating Loss - GAAP operating loss was $22 million, compared to a loss of $44 million in Q2 2024 and a loss of $19 million in the previous quarter [8] - Non-GAAP operating loss was also $22 million, compared to a loss of $45 million in the same quarter last year and a loss of $19 million in the previous quarter [9] Tax Expenses - GAAP tax expense was $9 million, consistent with the same quarter last year, while non-GAAP tax expense was $9 million compared to $5 million in Q2 2024 [9] User Engagement in Online Gaming - For PC client games, average monthly active users were 2.3 million, up 6% year-on-year, while active paying users totaled 900,000, an 8% increase year-on-year [11] - For mobile games, average monthly active users were 1.9 million, down 60% year-on-year, with active paying users at 300,000, a 72% decline year-on-year [11] Future Guidance - For Q3 2025, Sohu expects marketing services revenue between $14 million and $15 million, a decline of 20% to 25% year-on-year [15] - Online gaming revenue is projected to be between $107 million and $117 million, a decrease of 8% to 16% year-on-year [15] - The company anticipates a net loss between $25 million and $35 million under both GAAP and non-GAAP for Q3 2025 [15]

Group 1 - The core viewpoint of the article is that Sohu's Q2 2025 financial results show a significant improvement, with total revenue reaching $126 million and a net loss that has narrowed by over 40% year-on-year, meeting previous expectations [1] - Sohu's total revenue for Q2 2025 was $126 million, with marketing services revenue at $16 million and online gaming revenue at $106 million [1] - The non-GAAP net loss attributable to Sohu for Q2 2025 was $20 million, compared to a net loss of $34 million in the same period of 2024, indicating a substantial year-on-year improvement [1] Group 2 - Sohu's CEO, Zhang Chaoyang, highlighted that the marketing services revenue met expectations, while online gaming revenue and group net loss also aligned with prior best forecasts [1] - The company is focusing on optimizing its media products and enhancing social operations to increase user engagement and brand influence, which has led to more commercial opportunities [1] - The online gaming business remains robust, driven by a user-centric approach and continuous improvement in game content and experience [1] Group 3 - As part of a previously announced share repurchase plan of up to $150 million, Sohu has repurchased 6.6 million American depositary shares for a total amount of approximately $83 million as of July 31, 2025 [2]

Group 1 - The core financial performance of Sohu for Q2 2025 includes total revenue of $126 million, with a net loss of $20 million, which is a reduction of over 40% compared to the same period in 2024 [2] - Marketing services revenue reached $16 million, while online gaming revenue was $106 million, both aligning with previous expectations [2] - The company has focused on enhancing product synergy and user engagement through diverse activities, which has strengthened brand influence and created more commercialization opportunities [2] Group 2 - As part of a previously announced share repurchase plan of up to $150 million, Sohu has repurchased 6.6 million American depositary shares for approximately $83 million as of July 31, 2025 [3]