Quarterly ResultMay 18, 2026, 06:17 AM
Sohu Q1 Total Revenue $141M, Net Loss $4M; Online Games Up 6% YoY
AI Summary
Sohu.com Limited reported unaudited financial results for the first quarter ended March 31, 2026, with total revenues of US$141 million, a 4% increase year-over-year. The company posted a GAAP net loss attributable to Sohu.com Limited of US$4 million. Online game revenues grew 6% year-over-year to US$125 million, while marketing services revenues decreased by 8% to US$13 million. Sohu also repurchased 8.7 million ADSs for approximately US$116 million under its US$150 million share repurchase program.
Key Highlights
- Total revenues were US$141 million, up 4% year-over-year.
- Online game revenues reached US$125 million, an increase of 6% year-over-year.
- Marketing services revenues were US$13 million, down 8% year-over-year.
- GAAP net loss attributable to Sohu.com Limited was US$4 million.
- Non-GAAP net loss attributable to Sohu.com Limited was US$4 million, an improvement from US$16 million loss in Q1 2025.
- Sohu repurchased 8.7 million ADSs for approximately US$116 million as of May 13, 2026.
- Q2 2026 guidance projects a non-GAAP net loss between US$15 million and US$25 million.
- Cash and cash equivalents, short-term investments and long-term time deposits totaled US$1.2 billion.
Price Impact
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