Sohu.com Limited income statement SOHU

Annual Quarterly

In fiscal 2025, which ended Dec 31, 2025, Sohu.com Limited reported revenue of $584.3 million, down 2.4% from the year before. Net income was $394.1 million, a profit margin of 67.4%. The operating loss came to $93.8 million, an operating margin of -16.1%. Diluted earnings per share were $13.96. Across the 8 fiscal years shown, revenue shrank from $690.2 million in fiscal 2018 to $584.3 million in fiscal 2025, about 2.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018
Revenue	584 -2.4%	598 -0.4%	601 -18.2%	734 -12.2%	836 +11.4%	750 +11.3%	674 -2.4%	690
Cost of revenue	131 -20.7%	166 +13.8%	146 -23.9%	192 -6.4%	205 -5.9%	217 -10.8%	244 -15.7%	289
Gross profit	453 +4.7%	433 -4.9%	455 -16.1%	542 -14.0%	631 +18.5%	532 +23.8%	430 +7.2%	401
Research and development	248 -3.0%	255 -8.8%	280 +7.3%	261 -3.0%	269 +11.1%	242 +3.0%	235 -4.6%	246
Selling, general and administrative	262 -8.6%	287 +9.3%	262 -7.1%	282 +6.7%	265 +21.8%	217 -16.2%	259 -15.6%	307
Operating income	-94 +14.3%	-109 -25.3%	-87 -9901.1%	-1 -100.9%	97 +32.8%	73 +203.1%	-71 +57.7%	-168
Pretax income	-50 -2.8%	-48 -752.5%	-6 -113.9%	41 -69.1%	132 +36.1%	97	—	—
Income tax	-444 -951.9%	52 -13.8%	60 +4.3%	58 -7.0%	62 -53.2%	133 +368.6%	28 +294.9%	-15
Net income	394 +493.0%	-100 -230.1%	-30 -75.2%	-17 -101.9%	928 +1177.3%	-86 +42.3%	-149 +6.7%	-160
Basic EPS	13.96 +546.0%	-3.13 -251.7%	-0.89 -78.0%	-0.50 -102.1%	23.49 +1177.5%	-2.18 +42.6%	-3.80 +7.5%	-4.11
Diluted EPS	13.96 +546.0%	-3.13 -251.7%	-0.89 -78.0%	-0.50 -102.1%	23.49 +1172.6%	-2.19 +42.8%	-3.83 +7.3%	-4.13
Weighted average shares, basic	28 -11.8%	32 -6.2%	34 -2.4%	35 -11.5%	40 +0.1%	39 +0.5%	39 +0.7%	39
Weighted average shares, diluted	28 -11.8%	32 -6.2%	34 -2.4%	35 -11.5%	40 +0.1%	39 +0.5%	39 +0.7%	39
Other measures
Depreciation and amortization	13 -6.2%	13 -18.9%	17 -16.9%	20 -14.9%	23 -7.7%	25 -9.8%	28 -12.1%	32
EBITDA	-81 +15.4%	-96 -35.7%	-71 -469.8%	19 -84.2%	121 +22.4%	99 +330.0%	-43 +68.5%	-136
Interest coverage	—	—	—	—	13.00x	11.77x	—	—
Margins
Gross margin	77.50%	72.29%	75.73%	73.90%	75.51%	71.00%	63.84%	58.12%
Operating margin	-16.05%	-18.28%	-14.54%	-0.12%	11.67%	9.78%	-10.57%	-24.40%
Pretax margin	-8.48%	-8.05%	-0.94%	5.53%	15.75%	12.90%	—	—
Profit margin	67.44%	-16.76%	-5.06%	-2.36%	111.03%	-11.48%	-22.16%	-23.19%
EBITDA margin	-13.89%	-16.03%	-11.77%	2.60%	14.48%	13.18%	-6.38%	-19.75%
Effective tax rate	—	—	—	142.71%	47.35%	137.77%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Services-Computer Processing & Data Preparation (SIC 7374)
Listed as: SOHU (Nasdaq)
Fiscal year ends: December 31
Incorporated in: Cayman Islands
Headquarters: Beijing
SEC filer status: Accelerated filer
SEC CIK: 1734107

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.