Sohu forecasts Q1 2026 marketing services revenues between US$10M and US$11M, online game revenues between US$113M and US$123M, with a GAAP/non-GAAP net loss of US$10M to US$20M for Sohu.com Limited.
Bullish
Sohu achieved US$223 million GAAP net income due to a tax reversal, saw online game revenues rise 10% year-over-year driven by PC game MAU growth, and improved its media platform products for user engagement.
Bearish
Sohu faced a 27% year-over-year decline in mobile game MAU, a 10% decrease in marketing services revenues, and a 41% increase in GAAP operating expenses, including a goodwill impairment charge.