Sea Limited Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	4,159	2,405	2,811	6,030	9,248
Short-Term Investments	6,413	6,215	2,548	864.26	911.28
Cash & Short-Term Investments	10,572	8,621	5,359	6,894	10,159
Cash Growth	22.64%	60.87%	-22.27%	-32.14%	61.43%
Accounts Receivable	378.05	306.66	262.72	268.81	388.31
Other Receivables	1,927	1,638	1,651	963.71	731.67
Receivables	9,739	6,058	4,539	3,676	2,632
Inventory	222.58	143.25	125.4	109.67	117.5
Prepaid Expenses	148.86	117.64	111.99	121.05	120.75
Restricted Cash	2,217	1,655	1,410	1,550	1,552
Other Current Assets	350.02	263.15	228.77	337.31	554.12
Total Current Assets	23,249	16,858	11,774	12,688	15,135
Property, Plant & Equipment	2,732	2,152	2,224	2,346	1,680
Long-Term Investments	1,889	2,694	4,263	1,254	1,053
Goodwill	104.46	107.63	112.78	230.21	539.62
Other Intangible Assets	12.21	27.31	50.82	65.02	52.52
Long-Term Deferred Tax Assets	596.16	517.38	328.96	245.23	103.76
Long-Term Deferred Charges	22.81	20.49	12.09	8.48	14.37
Other Long-Term Assets	206.65	139.61	97.85	144.86	148.9
Total Assets	29,371	22,625	18,883	17,003	18,756
Accounts Payable	740.89	604.73	405.97	258.65	213.58
Accrued Expenses	2,657	1,925	1,633	1,119	1,290
Short-Term Debt	283.18	130.62	146.66	88.41	100
Current Portion of Long-Term Debt	1,050	1,148	151.76	31.24	-
Current Portion of Leases	379.75	304.76	294.5	273.11	188.01
Current Income Taxes Payable	218.79	115.42	223.64	176.6	181.4
Current Unearned Revenue	1,968	1,406	1,209	1,535	2,644
Other Current Liabilities	7,383	5,661	4,104	3,453	2,559
Total Current Liabilities	14,681	11,296	8,169	6,936	7,176
Long-Term Debt	510.4	1,728	3,069	3,339	3,476
Long-Term Leases	1,152	812.51	800.34	768.66	498.34
Long-Term Unearned Revenue	129.51	109.9	72.59	63.57	104.83
Long-Term Deferred Tax Liabilities	39.51	0.41	0.13	9.97	6.99
Other Long-Term Liabilities	210.23	200.67	74.54	75.34	69.32
Total Liabilities	16,723	14,148	12,186	11,192	11,332
Common Stock	0.31	0.3	0.29	0.28	0.28
Additional Paid-In Capital	19,105	16,703	15,284	14,560	14,622
Retained Earnings	-6,560	-8,138	-8,582	-8,733	-7,195
Treasury Stock	-14.53	-	-	-	-
Comprehensive Income & Other	-4.82	-193.15	-108	-111.22	-28.52
Total Common Equity	12,527	8,372	6,594	5,716	7,399
Minority Interest	121.83	105.24	103.76	95.12	25.71
Shareholders' Equity	12,648	8,478	6,698	5,811	7,424
Total Liabilities & Equity	29,371	22,625	18,883	17,003	18,756
Total Debt	3,376	4,124	4,462	4,500	4,262
Net Cash (Debt)	7,196	4,496	896.32	2,394	5,897
Net Cash Growth	60.05%	401.65%	-62.56%	-59.40%	40.40%
Net Cash Per Share	11.28	7.44	1.51	4.29	11.07
Filing Date Shares Outstanding	612.48	592.02	574.34	566.76	559.74
Total Common Shares Outstanding	611.03	589.11	572.34	564.76	557.74
Working Capital	8,569	5,562	3,605	5,752	7,959
Book Value Per Share	20.50	14.21	11.52	10.12	13.27
Tangible Book Value	12,410	8,237	6,430	5,420	6,807
Tangible Book Value Per Share	20.31	13.98	11.23	9.60	12.20
Land	261.75	268.03	278.76	272.04	196.42
Buildings	69.59	70.87	40.83	14.7	1.96
Machinery	2,229	1,852	1,742	1,604	1,156
Construction In Progress	43	11.39	44.88	51.58	22.95
Leasehold Improvements	483.66	350.1	350.19	381.44	252.78

Source: S&P Global Market Intelligence. Standard template. Financial Sources.