Sohu.com Q4 Earnings Call Highlights

Sohu.com (NASDAQ:SOHU) absorption said 4th fourth 2025 selling services gross came successful supra anterior guidance, portion online crippled gross met expectations, arsenic the institution highlighted merchandise and algorithm improvements connected its media level and ongoing contented updates crossed its crippled portfolio.

Chairman and CEO Dr. Charles Zhang reported full gross of $142 million for the 4th fourth of 2025, up 6% year-over-year and down 21% sequentially. Marketing services gross was $17 million, down 10% year-over-year and up 25% quarter-over-quarter. Online crippled gross was $120 million, up 10% year-over-year and down 26% sequentially.

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For the afloat twelvemonth 2025, Zhang said full gross was $584 million, down 2% from 2024. Marketing services gross was $60 million, down 18%, portion online crippled gross was $506 million, up 1% year-over-year.

Zhang noted that results were affected by the reversal of antecedently accrued withholding income taxation related to Changyou of astir $285 million. After giving effect to that reversal, Sohu reported GAAP nett income attributable to Sohu.com Limited of $223 million for the 4th quarter, compared with a net nonaccomplishment of $21 million successful the 4th fourth of 2024 and net income of $9 million successful the 3rd 4th of 2025.

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After giving effect to the reversal, the institution reported non-GAAP nett income attributable to Sohu.com Limited of $261 million for the 4th quarter, versus a non-GAAP nett nonaccomplishment of $15 million successful the year-ago play and non-GAAP nett income of $9 million successful the anterior quarter.

For the afloat year, Sohu posted GAAP nett income attributable to Sohu.com Limited of $394 million, compared with a GAAP nett nonaccomplishment of $100 million successful 2024. Full-year non-GAAP nett income attributable to Sohu.com Limited was $234 million, compared with a non-GAAP nett nonaccomplishment of $83 million successful 2024. Zhang added that excluding the withholding taxation reversal, 2025 non-GAAP show would bespeak a $51 cardinal loss, which helium characterized arsenic a 40% betterment versus 2024.

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CFO Jenny Li (introduced connected the telephone arsenic “Diana”) provided non-GAAP conception details. For the societal media level business, 4th fourth gross was $21 million, compared with $24 million successful the aforesaid 4th past year, and operating nonaccomplishment was $72 million, compared with an operating nonaccomplishment of $69 million a twelvemonth ago. For the afloat twelvemonth 2025, societal media level gross was $75 million versus $91 million successful 2024, and operating nonaccomplishment was $283 million versus $287 million successful 2024.