Sohu.com Ltd income statement
In fiscal 2025, Sohu.com Ltd reported revenue of $584m, down 2.4% on the year before, operating income of −$93.8m (a -16.1% margin) and net income of $394m, or $13.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,650 | 1,770 | 690 | 674 | 750 | 836 | 734 | 601 | 598 | 584 |
| Cost of revenue | 860 | 950 | 289 | 244 | 217 | 205 | 192 | 146 | 166 | 131 |
| Gross profit | 791 | 819 | 401 | 430 | 532 | 631 | 542 | 455 | 433 | 453 |
| Research and development | 353 | 412 | 246 | 235 | 242 | 269 | 261 | 280 | 255 | 248 |
| Selling and marketing | 435 | 390 | 237 | 205 | 160 | 183 | 225 | 213 | 236 | 189 |
| General and administrative | 120 | 119 | 70 | 55 | 57 | 82 | 57 | 49 | 51 | 73 |
| Operating income | −117 | −189 | −168 | −71 | 73 | 97 | −1 | −87 | −109 | −94 |
| Interest expense | — | — | 18 | 14 | 6 | 8 | 0 | 0 | — | — |
| Income before tax | — | — | −136 | −70 | 97 | 132 | 41 | −6 | −48 | −50 |
| Income tax | 21 | 273 | −15 | 28 | 133 | 62 | 58 | 60 | 52 | −444 |
| Net income | −224 | −555 | −160 | −149 | −86 | 928 | −17 | −30 | −100 | 394 |
| Diluted EPS | −$5.83 | −$14.30 | −$4.13 | −$3.83 | −$2.19 | $23.49 | −$0.50 | −$0.89 | −$3.13 | $13.96 |
| Diluted shares (average) | 39m | 39m | 39m | 39m | 39m | 40m | 35m | 34m | 32m | 28m |
| EBITDA | −44 | −106 | −136 | −43 | 99 | 121 | 19 | −71 | −96 | −81 |
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