Sohu.com stock flags a USD 30 million Q3 loss outlook
Published on 09/23/2026 at 20:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Sohu.com Limited (ISIN US83410S1087) was trading at USD 13.12 on Nasdaq at 2:53 p.m. ET on September 23, 2026, down 0.94 percent from the previous close. The company now guides for a Q3 2026 GAAP net loss between USD 23 million and USD 30 million, according to its Q2 earnings materials dated August 10, 2026.
Q3 guidance turns sharply weaker
Online game revenue is expected at USD 105 million to USD 115 million in Q3 2026, which implies a 29 percent to 35 percent year-over-year decline. Marketing services revenue is guided at USD 14 million to USD 15 million, a sequential decrease of 1 percent to 8 percent, according to Yahoo Finance.
The guidance contrasts with Sohu's Q2 performance. Total revenue reached USD 136 million in Q2 2026, up 7 percent from the same quarter a year earlier and down 4 percent sequentially. The company reported GAAP net income of USD 200,000, compared with a USD 20 million net loss in Q2 2025 and a USD 4 million net loss in Q1 2026, according to Yahoo Finance.
Games remain the key swing factor
Online game revenue totaled USD 116 million in Q2 2026, up 10 percent year over year but down 7 percent from Q1. The contrast between that result and the Q3 guidance makes game releases and player demand the main operating variable for the next reporting period.
Sohu Media Platform revenue was USD 90 million in Q2 2026, flat year over year, while its operating loss widened to USD 71 million from USD 69 million. Changyou generated USD 117 million of revenue and USD 56 million of operating profit, compared with USD 107 million and USD 51 million a year earlier, respectively, according to Yahoo Finance.
Sohu.com stock remains below yearly high
Sohu.com stock was trading at USD 13.12 on Nasdaq on September 23, 2026, with a 52-week range of USD 11.61 to USD 17.30 and a market capitalization of USD 394.31 million. The price sits USD 4.18 below the yearly high, leaving the Q3 earnings outlook as the next concrete test for the shares.
Sohu.com stock key data
- Company: Sohu.com Limited
- ISIN: US83410S1087
- Ticker: SOHU
- Trading venue: Nasdaq
- Price as of September 23, 2026, 2:53 p.m. ET: USD 13.12
- Market capitalization: USD 394.31 million as of September 23, 2026
- 52-week range: USD 11.61-17.30 as of September 23, 2026
- Sector / Industry: Communication Services / Internet Content and Information
