Sohu Inc. has released its unaudited financial results for the fourth quarter and full year ending December 31, 2025. According to Jin10, the company reported a total revenue of $142 million for Q4 2025, marking a 6% increase compared to the same period in 2024. The revenue from marketing services reached $17 million, while online gaming generated $120 million.
For the entire year of 2025, Sohu's total revenue amounted to $584 million, with marketing services contributing $60 million and online gaming accounting for $506 million. Excluding the impact of the reversal of Changyou's deferred income tax, Sohu's non-GAAP loss for 2025 was $51 million, a reduction of nearly 40% from the $83 million loss in 2024.
Additionally, Sohu had previously announced a U.S. depositary shares repurchase plan with a maximum total amount of $150 million. As of February 5, 2026, the company has repurchased 8.1 million U.S. depositary shares, totaling approximately $106 million.