Financial Statements — SOHU
Balance Sheet
(in billions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Cash & Equivalents | 0.13 | 0.16 | 0.36 | 0.70 | 1.00 | 0.22 | 0.31 |
| Short-term Investments | 0.70 | 0.74 | 0.60 | 0.47 | 0.40 | 0.10 | 1.32 |
| Accounts Receivable | 0.04 | 0.05 | 0.07 | 0.07 | 0.08 | 0.09 | 0.26 |
| Total Current Assets | 0.97 | 1.04 | 1.12 | 1.33 | 1.59 | 2.25 | 2.02 |
| Property, Plant & Equipment | 0.25 | 0.25 | 0.27 | 0.29 | 0.33 | 0.34 | 0.45 |
| Goodwill | 0.01 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Intangible Assets | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 |
| Total Non-current Assets* | 0.67 | 0.69 | 0.77 | 0.65 | 0.66 | 0.57 | 0.67 |
| Total Assets | 1.64 | 1.73 | 1.88 | 1.98 | 2.25 | 2.82 | 2.69 |
| Accounts Payable | 0.04 | 0.04 | 0.04 | 0.06 | 0.09 | 0.11 | 0.25 |
| Total Current Liabilities | 0.33 | 0.32 | 0.34 | 0.42 | 0.50 | 1.28 | 1.10 |
| Total Non-current Liabilities | 0.02 | 0.49 | 0.48 | 0.45 | 0.45 | 0.51 | 0.28 |
| Total Liabilities | 0.36 | 0.81 | 0.82 | 0.87 | 0.95 | 1.79 | 1.38 |
| Retained Earnings | 0.54 | 0.15 | 0.25 | 0.28 | 0.29 | (0.63) | (0.54) |
| Total Stockholder Equity | 1.28 | 0.92 | 1.06 | 1.11 | 1.29 | 0.35 | 0.43 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Total Revenue | 0.58 | 0.60 | 0.60 | 0.73 | 0.84 | 0.75 | 1.85 |
| Cost of Revenue | 0.13 | 0.17 | 0.15 | 0.19 | 0.20 | 0.22 | 0.98 |
| Gross Profit | 0.45 | 0.43 | 0.45 | 0.54 | 0.63 | 0.53 | 0.86 |
| Research & Development | 0.25 | 0.26 | 0.28 | 0.26 | 0.27 | 0.24 | 0.42 |
| Selling, General & Admin | 0.07 | 0.05 | 0.05 | 0.06 | 0.08 | 0.06 | 0.10 |
| Total Operating Expenses | 0.55 | 0.54 | 0.54 | 0.54 | 0.53 | 0.46 | 0.86 |
| Operating Income | (0.09) | (0.11) | (0.09) | -0.00 | 0.10 | 0.07 | 0.00 |
| Interest Expense | -- | -- | 0.00 | 0.00 | 0.01 | 0.01 | -- |
| Pretax Income | (0.05) | (0.05) | (0.01) | 0.04 | 0.13 | 0.10 | -- |
| Tax Provision | (0.44) | 0.05 | 0.06 | 0.06 | 0.06 | 0.13 | 0.03 |
| Net Income | 0.39 | (0.10) | (0.03) | (0.02) | 0.93 | (0.09) | (0.15) |
| Basic EPS | 13.96 | (3.13) | (0.89) | (0.50) | 23.49 | (2.18) | (3.80) |
| Diluted EPS | 13.96 | (3.13) | (0.89) | (0.50) | 23.49 | (2.19) | (3.83) |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 | FY
2023 | FY
2022 | FY
2021 | FY
2020 | FY
2019 |
|---|
| Operating Cash Flow | (4.76) | (48.02) | (25.57) | 32.24 | (62.28) | 95.21 | 210.59 |
| Capital Expenditures | 0.58 | 1.32 | 3.23 | 8.51 | 6.72 | 6.34 | 45.28 |
| Free Cash Flow* | (5.34) | (49.33) | (28.79) | 23.74 | (69.00) | 88.87 | 165.31 |
| Investing Cash Flow | 24.84 | (113.36) | (291.67) | (232.79) | 516.73 | 419.77 | (443.22) |
| Financing Cash Flow | (54.08) | (40.87) | (6.56) | (82.14) | (434.10) | 93.59 | (513.16) |
* Derived from reported values
