Sohu.com Limited (SOHU) Income Statement
SOHU 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSOHU revenue and net income
Where SOHU's revenue goes
2025Each bar shows an amount and its share of revenue. SOHU kept 67.4% of revenue as net income.
SOHU profit margins
SOHU growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.4% | −7.3% | −4.9% | −11.3% |
| Gross profit | +4.7% | −5.8% | −3.2% | −8.3% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SOHU quarterly EPS vs estimates
Sohu.com beat the analyst EPS estimate in 2 of the last 3 quarters. Next report: November 16, 2026.
SOHU income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $584.3M | $598.4M | $600.7M | $733.9M | $835.6M | $749.9M | $673.8M | $1.88B | $1.86B | $1.65B |
| Cost of revenue | $131.5M | $165.8M | $145.8M | $191.6M | $204.7M | $217.4M | $239.6M | $1.07B | $1.04B | $859.8M |
| Gross profit | $452.8M | $432.6M | $454.9M | $542.3M | $630.9M | $532.5M | $434.2M | $811.3M | $825.8M | $790.6M |
| Research & development | $247.5M | $255.2M | $279.8M | $260.8M | $268.9M | $241.9M | $234.9M | $441.2M | $412.2M | $353.1M |
| Sales, general & admin | $262.2M | $286.7M | $262.4M | $282.4M | $264.6M | $217.1M | $259.3M | $514.3M | $535.9M | $554.6M |
| Total operating expenses | $509.1M | $542.0M | $542.2M | $543.2M | $533.4M | $459.1M | $505.4M | $955.5M | $948.1M | $907.8M |
| Operating income | −$56.2M | −$109.4M | −$87.3M | −$873,000 | $97.5M | $73.4M | −$71.2M | −$144.2M | −$209.2M | −$117.1M |
| Interest income | $29.1M | $38.6M | $45.2M | $17.3M | $15.6M | $7.4M | $10.5M | $24.1M | $24.1M | $22.5M |
| Interest expense | — | — | $0 | $17.3M | $7.5M | $6.2M | $14.4M | $17.5M | $4.1M | $1.4M |
| Income before taxes | −$49.5M | −$48.2M | −$5.7M | $40.6M | $131.6M | $96.7M | −$70.1M | −$80.8M | −$196.9M | −$93.9M |
| Income taxes | −$443.6M | $52.1M | $60.4M | $57.9M | $62.3M | $133.2M | $28.4M | −$13.4M | $273.1M | $21.1M |
| Net income | $394.1M | −$100.3M | −$30.4M | −$17.3M | $927.7M | −$86.1M | −$149.3M | −$67.4M | −$554.5M | −$224.0M |
| EBITDA | −$24.5M | −$77.0M | $24.6M | $71.9M | $175.0M | $114.7M | $7.1M | −$28.2M | $31.2M | $112.1M |
| EPS (diluted) | $10.21 | −$3.12 | −$0.89 | −$0.52 | $23.42 | −$1.66 | −$2.92 | −$6.03 | −$7.99 | −$5.60 |
| Gross margin | 77.5% | 72.3% | 75.7% | 73.9% | 75.5% | 71.0% | 64.4% | 43.1% | 44.4% | 47.9% |
| Operating margin | −9.6% | −18.3% | −14.5% | −0.1% | 11.7% | 9.8% | −10.6% | −7.7% | −11.2% | −7.1% |
| Net margin | 67.4% | −16.8% | −5.1% | −2.4% | 111.0% | −11.5% | −22.2% | −3.6% | −29.8% | −13.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $135.8M | $141.7M | $142.3M | $180.4M | $126.7M | $135.6M | $134.7M | $152.0M | $172.3M | $139.4M | $141.4M | $145.4M |
| Cost of revenue | $29.0M | $29.9M | $35.2M | $34.9M | $28.4M | $33.1M | $37.0M | $39.6M | $56.5M | $32.7M | $33.8M | $34.5M |
| Gross profit | $106.8M | $111.8M | $107.1M | $145.5M | $98.3M | $102.5M | $97.7M | $112.4M | $115.9M | $106.7M | $107.5M | $111.0M |
| Research & development | $69.0M | $62.1M | $63.9M | $61.9M | $59.0M | $63.0M | $61.6M | $62.2M | $65.2M | $66.2M | $69.6M | $67.7M |
| Sales, general & admin | $56.1M | $56.3M | $72.3M | $70.0M | $61.7M | $58.6M | $61.3M | $63.2M | $94.9M | $67.3M | $63.3M | $63.8M |
| Total operating expenses | $125.1M | $118.6M | $135.5M | $131.9M | $120.7M | $121.5M | $122.8M | $125.4M | $160.2M | $133.5M | $132.8M | $131.6M |
| Operating income | −$18.3M | −$6.8M | −$28.4M | $13.6M | −$22.4M | −$19.0M | −$25.2M | −$13.0M | −$44.3M | −$26.9M | −$25.3M | −$20.6M |
| Interest income | $5.7M | $6.0M | $6.7M | $7.1M | $7.6M | $7.7M | $8.6M | $9.1M | $9.6M | $11.4M | $11.6M | $11.5M |
| Income before taxes | −$6.6M | $2.6M | −$56.5M | $25.3M | −$11.1M | −$7.2M | −$6.9M | −$1.3M | −$28.9M | −$11.1M | $1.4M | $1.3M |
| Income taxes | −$6.9M | $7.0M | −$279.8M | $16.7M | $9.0M | −$189.4M | $14.4M | $15.0M | $8.7M | $13.9M | $14.0M | $15.3M |
| Net income | $970,601 | −$4.3M | $223.3M | $8.7M | −$20.1M | $182.2M | −$21.3M | −$16.3M | −$37.7M | −$25.0M | −$12.6M | $21.4M |
| EBITDA | −$18.3M | $2.6M | −$56.5M | $25.3M | −$11.1M | −$7.2M | −$17.4M | $6.2M | −$21.4M | −$3.5M | $9.0M | $9.1M |
| EPS (diluted) | $0.01 | −$0.17 | $9.77 | $0.32 | $0.68 | −$0.56 | −$0.69 | −$0.52 | −$1.16 | −$0.76 | −$0.37 | $0.63 |
| Gross margin | 78.6% | 78.9% | 75.3% | 80.6% | 77.6% | 75.6% | 72.5% | 73.9% | 67.2% | 76.5% | 76.1% | 76.3% |
| Operating margin | −13.5% | −4.8% | −20.0% | 7.5% | −17.7% | −14.0% | −18.7% | −8.6% | −25.7% | −19.3% | −17.9% | −14.2% |
| Net margin | 0.7% | −3.1% | 157.0% | 4.8% | −15.9% | 134.3% | −15.8% | −10.8% | −21.9% | −17.9% | −8.9% | 14.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SOHU's financial statements (latest annual report filed March 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SOHU financial results
In fiscal year 2025 (ended December 31, 2025), Sohu.com reported revenue of $584.3 million, down 2.4% from the year before. It had net income of $394.1 million, a net profit margin of 67.4%. Diluted earnings per share came to $10.21. Over five years revenue grew at an average rate of −4.9% a year.
See the SOHU stock overview for the latest quote and news, or the SOHU chart for price history and technical indicators.
SOHU income statement FAQ
What is Sohu.com's annual revenue?
Sohu.com reported total revenue of $584.3 million for fiscal year 2025, which ended on December 31, 2025. That was down 2.4% from $598.4 million the previous year.
Is Sohu.com profitable?
Yes. Sohu.com reported net income of $394.1 million in fiscal 2025, a net profit margin of 67.4%; its operating margin was −9.6%.
What is Sohu.com's gross margin?
Sohu.com's gross margin was 77.5% in fiscal 2025: for every $100 of revenue, Sohu.com kept $77 after the direct cost of its products and services.
How much does Sohu.com spend on research and development?
Sohu.com spent $247.5 million on research and development in fiscal 2025, 42.4% of revenue.
How fast is Sohu.com growing?
Revenue grew −4.9% a year on average over the last five fiscal years, from $749.9 million to $584.3 million.
What are Sohu.com's earnings per share?
Sohu.com earned $10.21 per diluted share in fiscal 2025, compared with $-3.12 a year earlier.
When will Sohu.com report its next earnings?
Sohu.com is expected to report results for the quarter ending September 30, 2026 on November 16, 2026 before the market opens.
When does Sohu.com's fiscal year end?
Sohu.com's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 12, 2026.