Chinese media platform Sohu.com's Q3 revenue rises on online game growth

Reuters
Yesterday
Chinese media platform Sohu.com's Q3 revenue rises on online game growth

Overview

  • Sohu reports Q3 2025 total rev of $180 million, up 19% yr/yr, driven by online game revenue growth

  • Online game rev for Q3 2025 up 27% yr/yr, boosted by new game launches

  • Sohu achieves positive net income in Q3 2025, reversing previous losses

Outlook

  • Sohu estimates Q4 marketing services revenues between $15 mln and $16 mln

  • Sohu expects Q4 online game revenues between $113 mln and $123 mln

  • Company projects Q4 net loss between $25 mln and $35 mln

Result Drivers

  • ONLINE GAME REVENUE - Driven by new PC game TLBB: Return and content updates for TLBB PC, boosting revenues by 27% yr/yr

  • GROSS MARGIN IMPROVEMENT - Gross margin rose to 81% from 74% a year ago, supported by high-margin online games

  • MARKETING SERVICES DECLINE - Marketing services revenues fell 27% yr/yr, in line with company guidance

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 EPS

$0.32

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the online services peer group is "buy."

  • Wall Street's median 12-month price target for Sohu.com Ltd is $19.00, about 24.6% above its November 14 closing price of $14.32

Press Release: ID:nPnbbCGZDa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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