Welcome to our dedicated page for Sohu Com SEC filings (Ticker: SOHU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Sohu.com Limited filings document foreign-issuer current reports for a Nasdaq-listed ADR tied to a Chinese online media and online games business. Recent Form 6-K reports furnish press releases on unaudited financial results, including marketing services, online game revenue, Changyou results, margins, operating income or loss, tax items, and GAAP and non-GAAP measures.
The filing record also covers annual general meeting materials and shareholder voting results. Governance disclosures include Class II director elections, ratification of the independent auditor, record-date mechanics, and references to American depositary shares representing the company's ordinary shares.
Sohu.com Limited reported first quarter 2026 revenue of $141 million, up 4% year-over-year and slightly lower than the prior quarter. Online game revenue was strong at $125 million, rising 6% year-over-year and 3% quarter-over-quarter, while marketing services revenue declined.
GAAP operating loss narrowed to $7 million from $19 million a year earlier and $66 million in the fourth quarter of 2025, helped by lower costs and operating expenses. Sohu recorded a GAAP net loss attributable to the company of $4 million, or $0.17 per ADS, compared with large net income in 2025 periods that mainly reflected sizable tax benefits and reversals. Non-GAAP net loss was also $4 million, or $0.16 per ADS.
The company’s game subsidiary Changyou generated GAAP operating profit of $65 million, up from both comparable periods. Liquidity remained strong, with $1.2 billion in cash, short-term investments and long-term time deposits as of March 31, 2026. Under its up to $150 million share repurchase program, Sohu had bought back 8.7 million ADSs for about $116 million by May 13, 2026.
Sohu.com Ltd Chairman and CEO Charles Zhang filed an initial insider report detailing his equity interests. He directly holds 343,700 Ordinary Shares and a fully vested option to buy 70,000 Ordinary Shares at an exercise price of $0.001 per share, expiring on June 30, 2029. He is also a director of Photon Group Limited, which holds 11,048,400 American depositary shares, each representing one Ordinary Share. Zhang may be deemed to share voting and disposition power over these Photon-held shares but expressly disclaims beneficial ownership except to the extent of his pecuniary interest.
Sohu.com Ltd director Qi Dave filed an initial ownership report on Form 3 indicating that he does not beneficially own any of the company’s ordinary shares as of the filing date. This is a disclosure of his starting position as an insider rather than a buy or sell transaction.
Sohu.com Ltd Chief Financial Officer Joanna Lv filed an initial ownership report showing her current equity position. She directly holds 8,637 Ordinary Shares, represented by American depositary shares, each ADS corresponding to one Ordinary Share. She also holds vested options to acquire 40,000 Ordinary Shares at an exercise price of $0.001 per share expiring on June 30, 2029, and additional vested options on 10,000 Ordinary Shares at $0.001 per share expiring on August 31, 2030. All of these options are vested and exercisable as of the filing date.
Sohu.com Ltd insider Chen Dewen, CEO of Changyou, reports no beneficial ownership of the company’s securities in this Form 3. The filing lists ordinary shares with total shares following the report at 0. A footnote states that he does not beneficially own any securities as of the form date.
Sohu.com Ltd director Charles Huang has filed an initial ownership report showing his current stake in the company. The Form 3 discloses direct ownership of 76,265 Ordinary Shares, represented by American depositary shares, with each ADS corresponding to one Ordinary Share. The filing reflects holdings only and does not report any recent share purchases or sales.
Sohu.com Ltd director Wang Shi filed an initial ownership report showing beneficial ownership of 34,132 Ordinary Shares. These are represented by American depositary shares, with each ADS corresponding to one Ordinary Share. The filing does not report any recent purchase or sale activity, only the existing direct holding.
Sohu.com Ltd director John Deng filed an initial insider ownership statement, reporting beneficial ownership of 5,878 Ordinary Shares. These holdings are represented by American depositary shares, with each ADS corresponding to one Ordinary Share. The filing reports Deng’s position but does not show new buy or sell transactions.
Sohu.com Ltd director Dave De Yang filed an initial Form 3 reporting his ownership position in the company. The filing lists Ordinary Shares but shows zero shares owned following the reported entry. A footnote states that the reporting person does not beneficially own any securities of Sohu.com Ltd as of the date of this form.
Sohu.com Limited reported a sharp turnaround in 2025, posting net income of $394.1 million for the year ended December 31, 2025, after losses in 2023 and 2024. Total revenues were $584.3 million, led by online games and supported by a smaller marketing services segment.
The business remains highly concentrated: in 2025, 60% of total revenues and 69% of online game revenues came from Changyou’s TLBB PC and Legacy TLBB Mobile titles, so any decline or interruption in these games could significantly hurt results. Marketing services contributed about 10% of total revenues and has been under pressure from intense competition, high traffic acquisition costs, ad blocking, and shifting advertiser budgets toward mobile formats.
Sohu operates under a variable interest entity structure to comply with Chinese mainland foreign ownership restrictions in value-added telecom and online content businesses, which introduces legal and enforcement risks around its contractual control of key operating entities and cash flows. The company also recognized a $37.0 million goodwill impairment in 2025 and highlights growing regulatory, data security, AI, and intellectual property risks that could raise costs or disrupt operations.