Quarterly ResultAug 10, 2026, 07:22 AM
Sohu Q2 Total Revenue Up 7% to $136M; GAAP Net Income $0.2M
AI Summary
Sohu.com Limited reported unaudited financial results for the second quarter ended June 30, 2026, with total revenues reaching US$136 million, a 7% increase year-over-year. The company achieved a GAAP net income of US$0.2 million and non-GAAP net income of US$0.5 million, significantly improving from net losses in prior periods, partly due to a US$13 million tax expense reversal. Both marketing services and online game revenues exceeded previous guidance. Additionally, Sohu announced that its share repurchase program, which has already seen US$124 million in repurchases, will continue on an open-ended basis.
Key Highlights
- Total revenues were US$136 million, up 7% year-over-year.
- Marketing services revenues were US$15 million, down 3% year-over-year.
- Online game revenues were US$116 million, up 10% year-over-year.
- GAAP net income attributable to Sohu.com Limited was US$0.2 million.
- Non-GAAP net income attributable to Sohu.com Limited was US$0.5 million.
- Cash and cash equivalents, short-term investments, and long-term time deposits totaled US$1.2 billion.
- Share repurchase program made open-ended; US$124 million repurchased to date.
- Q3 2026 guidance projects non-GAAP and GAAP net loss between US$13 million and US$23 million.
Price Impact
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