The earnings call presented a mixed performance. While there were achievements in online game revenues and user engagement through events, significant challenges remain with overall revenue decline, net losses, and weak advertising sentiment. The company is focused on building user base and brand influence amidst a tough economic environment.
Company Guidance
In the second quarter of 2025, Sohu reported total revenues of $126 million, reflecting a decrease of 27% year-over-year and a 7% decline quarter-over-quarter. Marketing services revenues reached $16 million, marking a 21% year-over-year decline but a 14% increase from the previous quarter. Online game revenues were $106 million, down 28% year-over-year and 10% quarter-over-quarter. The company recorded a GAAP net loss of $20 million, an improvement from a $38 million loss in the same quarter last year, but a significant drop from a $182 million net income in the first quarter of 2025. Non-GAAP net loss was also $20 million, compared to a $34 million loss a year ago and a $16 million loss in the previous quarter. Looking ahead to the third quarter, Sohu anticipates marketing services revenues to range between $40 million and $50 million, while online game revenues are expected to be between $107 million and $117 million. The company forecasts both GAAP and non-GAAP net loss to be between $25 million and $35 million. CEO Dr. Charles Zhang highlighted efforts to enhance user engagement through events that align with shared interests, while CFO Joanna Lv discussed the ongoing share repurchase program, with $83 million spent on 6.6 million ADS by July 31, 2025.
Online Game Revenue Performance
Online game revenues reached the high end of guidance, achieving $106 million despite market challenges.
User Engagement and Brand Influence
Increased user engagement and brand influence through differentiated events, especially in K-pop and Hanfu verticals, which became major attractions.
Share Repurchase Program
Sohu has repurchased 6.6 million ADS for an aggregate cost of approximately $83 million, more than half of the total commitment.
Sohu (SOHU) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SOHU Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 04, 2025
$15.40
$14.43
-6.30%
May 19, 2025
$10.85
$10.52
-3.04%
Feb 18, 2025
$14.67
$13.54
-7.70%
Nov 12, 2024
$14.04
$13.03
-7.19%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sohu.com (SOHU) report earnings?
Sohu.com (SOHU) is schdueled to report earning on Nov 17, 2025, Before Open (Confirmed).
What is Sohu.com (SOHU) earnings time?
Sohu.com (SOHU) earnings time is at Nov 17, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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