)
Edge6 Feb 2026
SharkNinja: Viral by Design
How SharkNinja built a repeatable growth engine, turning overlooked appliance categories into global brands through consumer insight and iteration.
Sohu.com
Sohu.com (SOHU) investor relations material
Sohu.com Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary9 Feb, 2026
Executive summary
Q4 2025 total revenue was $142 million, up 6% year-over-year but down 21% sequentially; full-year 2025 revenue was $584 million, down 2% from 2024.
Q4 2025 GAAP net income reached $223 million, driven by a $285 million tax reversal; non-GAAP net income was $261 million.
Full-year 2025 GAAP net income was $394 million, compared to a $100 million loss in 2024; non-GAAP net income was $234 million.
Online game revenue in Q4 2025 was $120 million, up 10% year-over-year; marketing services revenue was $17 million, down 10% year-over-year.
Cash, cash equivalents, short-term investments, and long-term time deposits totaled $1.2 billion as of December 31, 2025.
Financial highlights
Q4 2025 gross margin was 75%, up from 73% in Q4 2024 but down from 81% in Q3 2025.
Q4 2025 GAAP operating loss was $66 million, compared to a $25 million loss in Q4 2024 and a $14 million profit in Q3 2025.
Q4 2025 included a $37 million goodwill impairment charge.
Q4 2025 non-GAAP net income was $261 million; prior year was a $15 million loss.
Excluding the tax reversal, 2025 non-GAAP net loss was $51 million, a 40% improvement over 2024.
Outlook and guidance
Q1 2026 marketing services revenue expected at $10–11 million (down 20–27% YoY, down 35–41% QoQ).
Q1 2026 online game revenue expected at $113–123 million (YoY change: -4% to +5%; QoQ: -6% to +2%).
Q1 2026 net loss guidance: $10–20 million, narrower than previous quarters.
How do innovative marketing solutions differentiate Sohu?
Details on new game types beyond MMORPGs?
What drives the narrower net loss guidance?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sohu.com earnings date
Q1 202618 May, 2026
Sohu.com
Next Sohu.com earnings date
Q1 202618 May, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Sohu.com Limited provides online media, search, and game services on PCs and mobile devices in the People's Republic of China. The company operates Sohu.com, a Chinese language Web portal, which offers news and information content; online video content that allows users to view television dramas and other video clips; and Internet search services consisting of advertising-supported services on PC. It also operates 17173.com that provides online games; Sogou.com search engine; Developer Platform platform; Sohu News APP mobile application on iOS platform; and m.sohu.com mobile portal site with an array of information content categories, including news, stock market quotations, blogs, images, videos, audio programs and games.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage