SOHU.COM LIMITED
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $584.3M | $598.4M | $600.7M | $733.9M | $835.6M | $749.9M | $673.8M | $690.2M |
| Cost of Revenue | $131.5M | $165.8M | $145.8M | $191.6M | $204.7M | $217.4M | $243.6M | $289.0M |
| Gross Profit | $452.8M | $432.6M | $454.9M | $542.3M | $630.9M | $532.5M | $430.2M | $401.2M |
| Gross Margin | 77.5% | 72.3% | 75.7% | 73.9% | 75.5% | 71.0% | 63.8% | 58.1% |
| Operating Expenses | ||||||||
| Research & Development | $247.5M | $255.2M | $279.8M | $260.8M | $268.9M | $241.9M | $234.9M | $246.2M |
| SG&A Expense | $73.2M | $50.9M | $48.9M | $56.9M | $81.9M | $57.4M | $54.6M | $70.1M |
| Operating Income | $-93.8M | $-109.4M | $-87.3M | $-873.0K | $97.5M | $73.4M | $-71.2M | $-168.4M |
| Operating Margin | -16.1% | -18.3% | -14.5% | -0.1% | 11.7% | 9.8% | -10.6% | -24.4% |
| Interest Expense | — | — | $0 | $0 | $7.5M | $6.2M | $14.4M | $17.5M |
| Pretax Income | $-49.5M | $-48.2M | $-5.7M | $40.6M | $131.6M | $96.7M | $-70.1M | $-135.9M |
| Income Tax Expense | $-443.6M | $52.1M | $60.4M | $57.9M | $62.3M | $133.2M | $28.4M | $-14.6M |
| Net Income | $394.1M | $-100.3M | $-30.4M | $-17.3M | $927.7M | $-86.1M | $-149.3M | $-160.1M |
| Net Margin | 67.4% | -16.8% | -5.1% | -2.4% | 111.0% | -11.5% | -22.2% | -23.2% |
| EPS (Basic) | $13.96 | $-3.13 | $-0.89 | $-0.50 | $23.49 | $-2.18 | $-3.80 | $-4.11 |
| EPS (Diluted) | $13.96 | $-3.13 | $-0.89 | $-0.50 | $23.49 | $-2.19 | $-3.83 | $-4.13 |
| Shares Outstanding (Basic) | 28.2M | 32.0M | 34.1M | 34.9M | 39.5M | 39.5M | 39.2M | 39.0M |
| Shares Outstanding (Diluted) | 28.2M | 32.0M | 34.1M | 34.9M | 39.5M | 39.5M | 39.2M | 39.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |