"GAAP Net Income -- $123 million, including a $285 million reversal of Changyou withholding income tax accrual; compares to a $21 million net loss in the prior year's Q4, and $9 million net income for the preceding quarter in 2025. Non-GAAP Net Income -- $261 million, including the tax reversal; compares to a $15 million net loss in the same period last year and $9 million net income in the previous quarter."
"Annual Total Revenue -- $584 million for the full year, down 2% year over year. Annual Marketing Services Revenue -- $60 million, representing an 18% year-over-year decline. Annual Online Game Revenue -- $506 million, up 1% year over year. Annual GAAP Net Income -- $394 million, compared with a $100 million net loss in 2024, driven by the withholding tax reversal. Annual Non-GAAP Net Income -- $234 million, versus $83 million net loss in 2024. Annual Non-GAAP Net Income (Excluding Tax Reversal) -- $51 million loss, a 40% improvement from 2024."
"Social Media Segment Quarterly Revenue -- $21 million, a decrease from $24 million in the prior year's quarter. Social Media Segment Quarterly Operating Loss -- $72 million, widened from $69 million the previous year. Social Media Full-Year Revenue -- $75 million, down from $91 million in 2024. Social Media Full-Year Operating Loss -- $283 million, slightly improved from $287 million in 2024."
Total quarterly revenue totaled $142 million, a 6% year-over-year increase and a 21% sequential decline. Marketing services revenue was $17 million, down 10% year over year and up 25% sequentially. Online game revenue reached $120 million, up 10% year over year and down 26% sequentially. GAAP net income was $123 million, including a $285 million reversal of Changyou withholding income tax accrual; non-GAAP net income was $261 million including the reversal. Annual total revenue was $584 million, with annual online game revenue at $506 million and annual non-GAAP net income of $234 million.
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