What is Sohu Com Ltd's earnings per share (EPS)?

Sohu Com Ltd (SOHU) reported diluted earnings per share of $13.96 for fiscal year 2025. This represents a 546.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sohu Com Ltd Financials

SOHU

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Sohu Com Ltd (SOHU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 47/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Sohu Com Ltd has an operating margin of -16.1%, meaning the company retains $-16 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -18.3% the prior year.

Growth

Sohu Com Ltd's revenue declined 2.4% year-over-year, from $598.4M to $584.3M. This contraction results in a growth score of 29/100.

Leverage

Sohu Com Ltd carries a low D/E ratio of 0.28, meaning only $0.28 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Sohu Com Ltd's current ratio of 2.90 indicates adequate short-term liquidity, earning a score of 55/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

While Sohu Com Ltd generated -$4.8M in operating cash flow, capex of $576K consumed most of it, leaving -$5.3M in free cash flow. This results in a low score of 23/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Sohu Com Ltd earns a strong 30.8% return on equity (ROE), meaning it generates $31 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 80/100. This is up from -10.9% the prior year.

Piotroski F-Score Neutral

5/9

Sohu Com Ltd passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

-0.01x

For every $1 of reported earnings, Sohu Com Ltd generates $-0.01 in operating cash flow (-$4.8M OCF vs $394.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$584.3M

YoY-2.4%

5Y CAGR-4.9%

Sohu Com Ltd generated $584.3M in revenue in fiscal year 2025. This represents a decrease of 2.4% from the prior year.

EBITDA

-$68.8M

YoY+18.8%

Sohu Com Ltd's EBITDA was -$68.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 18.8% from the prior year.

Net Income

$394.1M

YoY+493.0%

Sohu Com Ltd reported $394.1M in net income in fiscal year 2025. This represents an increase of 493.0% from the prior year.

EPS (Diluted)

$13.96

YoY+546.0%

Sohu Com Ltd earned $13.96 per diluted share (EPS) in fiscal year 2025. This represents an increase of 546.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$5.3M

YoY+89.2%

Sohu Com Ltd generated -$5.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 89.2% from the prior year.

Cash & Debt

$128.3M

YoY-19.8%

5Y CAGR-10.0%

Sohu Com Ltd held $128.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

26M

YoY-13.3%

5Y CAGR-7.9%

Sohu Com Ltd had 26M shares outstanding in fiscal year 2025. This represents a decrease of 13.3% from the prior year.

Margins & Returns

Gross Margin

77.5%

YoY+5.2pp

5Y CAGR+6.5pp

Sohu Com Ltd's gross margin was 77.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 5.2 percentage points from the prior year.

Operating Margin

-16.1%

YoY+2.2pp

5Y CAGR-25.8pp

Sohu Com Ltd's operating margin was -16.1% in fiscal year 2025, reflecting core business profitability. This is up 2.2 percentage points from the prior year.

Net Margin

67.4%

YoY+84.2pp

5Y CAGR+78.9pp

Sohu Com Ltd's net profit margin was 67.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 84.2 percentage points from the prior year.

Return on Equity

30.8%

YoY+41.7pp

5Y CAGR+55.6pp

Sohu Com Ltd's ROE was 30.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 41.7 percentage points from the prior year.

Capital Allocation

R&D Spending

$247.5M

YoY-3.0%

5Y CAGR+0.5%

Sohu Com Ltd invested $247.5M in research and development in fiscal year 2025. This represents a decrease of 3.0% from the prior year.

Share Buybacks

$54.1M

YoY+32.3%

Sohu Com Ltd spent $54.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 32.3% from the prior year.

Capital Expenditures

$576K

YoY-56.2%

5Y CAGR-38.1%

Sohu Com Ltd invested $576K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 56.2% from the prior year.

SOHU Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$584.3M-2.4%	$598.4M-0.4%	$600.7M-18.2%	$733.9M-12.2%	$835.6M+11.4%	$749.9M
Cost of Revenue	$131.5M-20.7%	$165.8M+13.8%	$145.8M-23.9%	$191.6M-6.4%	$204.7M-5.9%	$217.4M
Gross Profit	$452.8M+4.7%	$432.6M-4.9%	$454.9M-16.1%	$542.3M-14.0%	$630.9M+18.5%	$532.5M
R&D Expenses	$247.5M-3.0%	$255.2M-8.8%	$279.8M+7.3%	$260.8M-3.0%	$268.9M+11.1%	$241.9M
SG&A Expenses	$73.2M+43.8%	$50.9M+4.0%	$48.9M-14.0%	$56.9M-30.5%	$81.9M+42.8%	$57.4M
Operating Income	-$93.8M+14.3%	-$109.4M-25.3%	-$87.3M-9901.1%	-$873K-100.9%	$97.5M+32.8%	$73.4M
Interest Expense	N/A	N/A	$0	$0-100.0%	$7.5M+20.3%	$6.2M
Income Tax	-$443.6M-951.9%	$52.1M-13.8%	$60.4M+4.3%	$57.9M-7.0%	$62.3M-53.2%	$133.2M
Net Income	$394.1M+493.0%	-$100.3M-230.1%	-$30.4M-75.2%	-$17.3M-101.9%	$927.7M+1177.3%	-$86.1M
EPS (Diluted)	$13.96+546.0%	$-3.13-251.7%	$-0.89-78.0%	$-0.50-102.1%	$23.49+1172.6%	$-2.19

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SOHU Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.6B-5.7%	$1.7B-7.8%	$1.9B-4.8%	$2.0B-11.9%	$2.2B-20.4%	$2.8B
Current Assets	$967.9M-7.1%	$1.0B-6.7%	$1.1B-15.7%	$1.3B-16.6%	$1.6B-29.5%	$2.3B
Cash & Equivalents	$128.3M-19.8%	$159.9M-55.9%	$362.5M-48.1%	$697.8M-30.1%	$998.9M+360.2%	$217.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$43.3M-19.4%	$53.8M-24.9%	$71.6M+6.0%	$67.5M-18.2%	$82.5M-5.7%	$87.5M
Goodwill	$10.3M-78.2%	$46.9M-0.5%	$47.2M-0.5%	$47.4M-2.9%	$48.8M+0.8%	$48.4M
Total Liabilities	$358.0M-55.9%	$812.0M-1.3%	$822.8M-5.1%	$867.1M-9.1%	$953.6M-61.5%	$2.5B
Current Liabilities	$333.7M+3.6%	$322.0M-6.0%	$342.4M-17.9%	$416.9M-17.2%	$503.5M-60.8%	$1.3B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3B+38.5%	$922.3M-12.9%	$1.1B-4.6%	$1.1B-14.1%	$1.3B+271.6%	$347.4M
Retained Earnings	$539.2M+271.5%	$145.1M-40.9%	$245.4M-11.0%	$275.8M-5.9%	$293.1M+146.2%	-$634.6M

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Total Assets	$1.6B-5.7%	$1.7B-7.8%	$1.9B-4.8%	$2.0B-11.9%	$2.2B-20.4%	$2.8B+4.8%	$2.7B-20.1%	$3.4B
Current Assets	$967.9M-7.1%	$1.0B-6.7%	$1.1B-15.7%	$1.3B-16.6%	$1.6B-29.5%	$2.3B+11.9%	$2.0B-15.6%	$2.4B
Cash & Equivalents	$128.3M-19.8%	$159.9M-55.9%	$362.5M-48.1%	$697.8M-30.1%	$998.9M+360.2%	$217.1M+33.4%	$162.7M-80.2%	$819.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$43.3M-19.4%	$53.8M-24.9%	$71.6M+6.0%	$67.5M-18.2%	$82.5M-5.7%	$87.5M-30.6%	$126.1M-52.3%	$264.4M
Goodwill	$10.3M-78.2%	$46.9M-0.5%	$47.2M-0.5%	$47.4M-2.9%	$48.8M+0.8%	$48.4M+2.2%	$47.4M-0.5%	$47.6M
Total Liabilities	$358.0M-55.9%	$812.0M-1.3%	$822.8M-5.1%	$867.1M-9.1%	$953.6M-61.5%	$2.5B+9.3%	$2.3B-18.6%	$2.8B
Current Liabilities	$333.7M+3.6%	$322.0M-6.0%	$342.4M-17.9%	$416.9M-17.2%	$503.5M-60.8%	$1.3B+16.7%	$1.1B-12.3%	$1.3B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3B+38.5%	$922.3M-12.9%	$1.1B-4.6%	$1.1B-14.1%	$1.3B+271.6%	$347.4M-18.9%	$428.5M-27.2%	$588.8M
Retained Earnings	$539.2M+271.5%	$145.1M-40.9%	$245.4M-11.0%	$275.8M-5.9%	$293.1M+146.2%	-$634.6M-16.6%	-$544.1M-37.8%	-$394.8M

SOHU Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$4.8M+90.1%	-$48.0M-87.8%	-$25.6M-179.3%	$32.2M+151.8%	-$62.3M-165.4%	$95.2M
Capital Expenditures	$576K-56.2%	$1.3M-59.2%	$3.2M-62.1%	$8.5M+26.6%	$6.7M+6.0%	$6.3M
Free Cash Flow	-$5.3M+89.2%	-$49.3M-71.3%	-$28.8M-221.3%	$23.7M+134.4%	-$69.0M-177.6%	$88.9M
Investing Cash Flow	$24.8M+121.9%	-$113.4M+61.1%	-$291.7M-25.3%	-$232.8M-145.1%	$516.7M+23.1%	$419.8M
Financing Cash Flow	-$54.1M-32.3%	-$40.9M-523.1%	-$6.6M+92.0%	-$82.1M+81.1%	-$434.1M-563.9%	$93.6M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$54.1M+32.3%	$40.9M+523.1%	$6.6M-92.0%	$82.1M+371.6%	$17.4M	$0

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SOHU Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	77.5%+5.2pp	72.3%-3.4pp	75.7%+1.8pp	73.9%-1.6pp	75.5%+4.5pp	71.0%
Operating Margin	-16.1%+2.2pp	-18.3%-3.7pp	-14.5%-14.4pp	-0.1%-11.8pp	11.7%+1.9pp	9.8%
Net Margin	67.4%+84.2pp	-16.8%-11.7pp	-5.1%-2.7pp	-2.4%-113.4pp	111.0%+122.5pp	-11.5%
Return on Equity	30.8%+41.7pp	-10.9%-8.0pp	-2.9%-1.3pp	-1.6%-73.4pp	71.9%+96.7pp	-24.8%
Return on Assets	24.1%+29.9pp	-5.8%-4.2pp	-1.6%-0.7pp	-0.9%-42.2pp	41.3%+44.4pp	-3.0%
Current Ratio	2.90-0.3	3.24-0.0	3.26+0.1	3.18+0.0	3.16+1.4	1.76
Debt-to-Equity	0.28-0.6	0.88+0.1	0.780.0	0.78+0.0	0.74-6.4	7.12
FCF Margin	-0.9%+7.3pp	-8.2%-3.5pp	-4.8%-8.0pp	3.2%+11.5pp	-8.3%-20.1pp	11.8%

Metric	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q4'20	Q4'19	Q4'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	2.90-0.3	3.24-0.0	3.26+0.1	3.18+0.0	3.16+1.4	1.76-0.1	1.83-0.1	1.90
Debt-to-Equity	0.28-0.6	0.88+0.1	0.780.0	0.78+0.0	0.74-6.4	7.12+1.8	5.28+0.6	4.72
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Sohu Com Ltd's annual revenue?

Sohu Com Ltd (SOHU) reported $584.3M in total revenue for fiscal year 2025. This represents a -2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sohu Com Ltd's revenue growing?

Sohu Com Ltd (SOHU) revenue declined by 2.4% year-over-year, from $598.4M to $584.3M in fiscal year 2025.

Is Sohu Com Ltd profitable?

Yes, Sohu Com Ltd (SOHU) reported a net income of $394.1M in fiscal year 2025, with a net profit margin of 67.4%.

What is Sohu Com Ltd's EBITDA?

Sohu Com Ltd (SOHU) had EBITDA of -$68.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Sohu Com Ltd's gross margin?

Sohu Com Ltd (SOHU) had a gross margin of 77.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Sohu Com Ltd's operating margin?

Sohu Com Ltd (SOHU) had an operating margin of -16.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Sohu Com Ltd's net profit margin?

Sohu Com Ltd (SOHU) had a net profit margin of 67.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Sohu Com Ltd's return on equity (ROE)?

Sohu Com Ltd (SOHU) has a return on equity of 30.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sohu Com Ltd's free cash flow?

Sohu Com Ltd (SOHU) generated -$5.3M in free cash flow during fiscal year 2025. This represents a 89.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sohu Com Ltd's operating cash flow?

Sohu Com Ltd (SOHU) generated -$4.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sohu Com Ltd's total assets?

Sohu Com Ltd (SOHU) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sohu Com Ltd's capital expenditures?

Sohu Com Ltd (SOHU) invested $576K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Sohu Com Ltd spend on research and development?

Sohu Com Ltd (SOHU) invested $247.5M in research and development during fiscal year 2025.

Does Sohu Com Ltd buy back shares?

Yes, Sohu Com Ltd (SOHU) spent $54.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Sohu Com Ltd have outstanding?

Sohu Com Ltd (SOHU) had 26M shares outstanding as of fiscal year 2025.

What is Sohu Com Ltd's current ratio?

Sohu Com Ltd (SOHU) had a current ratio of 2.90 as of fiscal year 2025, which is generally considered healthy.

What is Sohu Com Ltd's debt-to-equity ratio?

Sohu Com Ltd (SOHU) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sohu Com Ltd's return on assets (ROA)?

Sohu Com Ltd (SOHU) had a return on assets of 24.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sohu Com Ltd's cash runway?

Based on fiscal year 2025 data, Sohu Com Ltd (SOHU) had $128.3M in cash against an annual operating cash burn of $4.8M. This gives an estimated cash runway of approximately 323 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Sohu Com Ltd's Piotroski F-Score?

Sohu Com Ltd (SOHU) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sohu Com Ltd's earnings high quality?

Sohu Com Ltd (SOHU) has an earnings quality ratio of -0.01x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Sohu Com Ltd?

Sohu Com Ltd (SOHU) scores 47 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.