Sohu.com Reports Q1 2025 Financial Results

Sohu.com Inc ( (SOHU) ) has released its Q1 earnings. Here is a breakdown of the information Sohu.com Inc presented to its investors.

Sohu.com Limited, a prominent Chinese online media and gaming company, has reported its financial results for the first quarter of 2025. The company operates a comprehensive array of web properties and is known for its social media features and online gaming platform.

In the first quarter of 2025, Sohu.com reported total revenues of $136 million, marking a slight decrease of 3% compared to the previous year but a 1% increase from the previous quarter. The company’s online game revenues remained stable year-over-year at $117 million, while marketing services revenues saw a decline. Notably, Sohu achieved a GAAP net income of $182 million, a significant turnaround from the net losses recorded in the previous quarters.

Key financial metrics revealed that Sohu’s gross margin was steady at 76%, with operating expenses showing a reduction of 9% year-over-year. The company also benefited from a reversal of a tax expense, resulting in a GAAP income tax benefit of $189 million. Additionally, Sohu’s liquidity remained strong with cash and investments totaling approximately $1.2 billion.

Looking ahead, Sohu.com anticipates a decrease in online game revenues for the second quarter of 2025, while marketing services revenues are expected to see a sequential increase. The company projects a net loss for the upcoming quarter, reflecting ongoing challenges in the market. Despite these challenges, Sohu continues to focus on enhancing its media platform and exploring monetization opportunities in its gaming sector.