Growth & profitability
- Revenue has declined 4.9% per year over the past 5 years.
- Operating margin has contracted, at -16.1% in the latest year.
10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $584M | $394M | 77.5% | -16.1% | -$5M | — | $128M |
| 2024 | $598M | -$100M | 72.3% | -18.3% | -$49M | — | $160M |
| 2023 | $601M | -$30M | 75.7% | -14.5% | -$29M | — | $363M |
| 2022 | $734M | -$17M | 73.9% | -0.1% | $24M | — | $698M |
| 2021 | $836M | $928M | 75.5% | 11.7% | -$69M | — | $999M |
| 2020 | $750M | -$86M | 71.0% | 9.8% | $89M | — | $217M |
| 2019 | $674M | -$149M | 63.8% | -10.6% | $196M | — | $163M |
| 2018 | $690M | -$160M | 58.1% | -24.4% | $59M | — | $819M |
| 2017 | $1.8B | -$555M | 46.3% | -10.7% | $109M | — | $1.4B |
| 2016 | $1.7B | -$224M | 47.9% | -7.1% | $135M | — | — |
How the market has priced SOHU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Sohu.com Ltd's revenue has declined 4.9% per year. These are computed facts, not advice.
As of FY2025, Sohu.com Ltd reported — of total debt against $128M of cash.
In FY2025, gross margin was 77.5%, operating margin -16.1%, and net margin 67.4%.
As of Jun '26, Sohu.com Ltd traded at a price-to-earnings ratio of about 1.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.