Sohu.com advertising spend, FY2025

Sohu.com (SOHU) reported $126M of advertising expense for the fiscal year ended Dec 31, 2025. That is 21.5% of revenue of $584M. Down 24.3% from FY2024.

Ad spend, FY2025
$126M
year ended Dec 31, 2025
Change vs prior year
-24.3%
vs FY2024
Share of revenue
21.5%
of $584M revenue
Rank by ad spend
#293
of 336 companies

Key facts

  • Ad spend is 1.5x its FY2020 level ($84.7M), faster than revenue (0.8x).
  • The highest year on file is FY2016 at $270M; FY2025 is 53% below it.
  • Largest increase +53.8% in FY2022; largest cut -44.7% in FY2018.
  • Ad spend is 21.5% of revenue, up from 11.3% in FY2020.
  • Sohu.com spends more on advertising than 13% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 4.2x the median of 5.2%.

Ad spend by fiscal year

$0 $100M $200M $300M FY2016 (ended 2016-12-31): $270M FY2017 (ended 2017-12-31): $249M 2017 FY2018 (ended 2018-12-31): $138M FY2019 (ended 2019-12-31): $125M 2019 FY2020 (ended 2020-12-31): $84.7M FY2021 (ended 2021-12-31): $98.5M 2021 FY2022 (ended 2022-12-31): $152M FY2023 (ended 2023-12-31): $138M 2023 FY2024 (ended 2024-12-31): $166M FY2025 (ended 2025-12-31): $126M 2025 $126M

Ad spend as % of revenue

0% 10% 20% 30% FY2016 (ended 2016-12-31): 16.4% FY2017 (ended 2017-12-31): 14.1% 2017 FY2018 (ended 2018-12-31): 19.9% FY2019 (ended 2019-12-31): 18.5% 2019 FY2020 (ended 2020-12-31): 11.3% FY2021 (ended 2021-12-31): 11.8% 2021 FY2022 (ended 2022-12-31): 20.6% FY2023 (ended 2023-12-31): 23.0% 2023 FY2024 (ended 2024-12-31): 27.8% FY2025 (ended 2025-12-31): 21.5% 2025 21.5%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $126M -24.3% $584M 21.5% AdvertisingExpense 20-F Mar 12, 2026
FY2024 Dec 31, 2024 $166M +20.2% $598M 27.8% AdvertisingExpense 20-F Mar 12, 2026
FY2023 Dec 31, 2023 $138M -8.7% $601M 23.0% AdvertisingExpense 20-F Mar 12, 2026
FY2022 Dec 31, 2022 $152M +53.8% $734M 20.6% AdvertisingExpense 20-F Mar 13, 2025
FY2021 Dec 31, 2021 $98.5M +16.3% $836M 11.8% AdvertisingExpense 20-F Mar 18, 2024
FY2020 Dec 31, 2020 $84.7M -32.0% $750M 11.3% AdvertisingExpense 20-F Mar 30, 2023
FY2019 Dec 31, 2019 $125M -9.4% $674M 18.5% AdvertisingExpense 20-F Mar 31, 2022
FY2018 Dec 31, 2018 $138M -44.7% $690M 19.9% AdvertisingExpense 20-F Mar 18, 2021
FY2017 Dec 31, 2017 $249M -7.9% $1.8B 14.1% AdvertisingExpense 20-F Apr 21, 2020
FY2016 Dec 31, 2016 $270M n/a $1.7B 16.4% AdvertisingExpense 20-F Mar 28, 2019

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to Sohu.com in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
291 CrowdStrike $127M 2.6% +7.1% FY2026
292 Edgewell Personal Care $126M 5.7% -0.6% FY2025
293 Sohu.com $126M 21.5% -24.3% FY2025
294 Paycom Software $126M 6.1% +45.4% FY2025
295 ZipRecruiter $125M 27.9% +27.7% FY2025
296 CNH Industrial $125M 0.7% +4.2% FY2025
297 Six Flags Entertainment $124M 4.0% +20.5% FY2025

Full ranking of 336 companies · Biggest cuts #7 · Highest ad-to-revenue #32

Questions

How much does Sohu.com spend on advertising?

Sohu.com spent $126M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 20-F filed Mar 12, 2026.

What percentage of revenue does Sohu.com spend on advertising?

21.5% of revenue in fiscal 2025 ($126M of $584M). The median across the 336 companies tracked is 5.2%.

Is Sohu.com spending more on advertising?

No. Ad spend fell 24.3% in fiscal 2025 from fiscal 2024.

How does Sohu.com rank by advertising spend?

#293 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does Sohu.com's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
20-F for FY2025, filed Mar 12, 2026
Accession number
0001193125-26-102990
Company
Sohu.com Ltd, CIK 1734107, SIC 7374 (Services-Computer Processing & Data Preparation)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Sohu.com advertising spend, FY2016-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 20-F filed Mar 12, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/sohu-com/advertising-spend/
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CSV, all years · CSV, all 336 companies