Sohu Swings to US$15M Q3 Loss as Game Revenue Falls 30%
BEIJING – November 08, 2026 -- Sohu.com Limited (NASDAQ: SOHU) swung to a third-quarter 2026 net loss of US$15 million attributable to the company, against net income of US$9 million a year earlier, as total revenues fell 26% year-over-year to US$133 million.
Online games drive the revenue decline as marketing services grow
Online game revenues dropped 30% year-over-year to US$114 million and 2% from the second quarter. Marketing services revenues rose 10% year-over-year to US$15 million but slipped 2% sequentially. The GAAP net loss equals US$0.60 per fully diluted ADS; the non-GAAP loss is US$0.59 per ADS. Sohu's CEO, Charles Zhang, said marketing revenues reached the high end of guidance while game revenues and profitability matched expectations.