Sea Limited (SE)

NYSE: SE · Real-Time Price · USD

100.00

+0.50 (0.50%)

At close: Jul 24, 2026, 4:00 PM EDT

100.15

+0.15 (0.15%)

After-hours: Jul 24, 2026, 7:57 PM EDT

Sea Limited Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	25,195	22,938	16,820	13,064	12,450	9,955
Revenue Growth	40.54%	36.38%	28.75%	4.93%	25.06%	127.51%
Gross Profit	11,153	10,244	7,205	5,834	5,185	3,896
Operating Income	2,122	1,985	662.15	224.78	-1,488	-1,583
Net Income	1,638	1,578	444.32	150.73	-1,651	-2,047
Earnings Per Share	2.54	2.52	0.74	0.25	-2.96	-3.84
EPS Growth	78.87%	240.54%	196.00%	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Shopee	18,154	16,565	12,415	9,001	7,289	5,123
Monee Services	4,246	3,792	2,368	1,759	1,222	469.77
Garena	2,610	2,409	1,911	2,172	3,877	4,320
Other Services	184.74	173.46	126.31	131.28	61.87	42.44
Revenue (Total)	25,195	22,938	16,820	13,064	12,450	9,955

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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 & Investments	10,541	10,572	8,621	5,359	6,894	10,159
Total Debt	3,584	3,330	4,111	4,448	4,485	4,254
Net Cash (Debt)	6,956	7,242	4,510	910.87	2,409	5,906
Net Cash Growth	62.60%	60.57%	395.13%	-62.19%	-59.21%	40.60%
Net Cash Per Share	10.90	11.35	7.46	1.53	4.32	11.09

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	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
Operating Cash Flow	5,025	5,025	3,277	2,080	-1,056	208.65
Capital Expenditures	-513.81	-513.81	-318.15	-241.61	-924.18	-772.18
Free Cash Flow	4,511	4,511	2,959	1,838	-1,980	-563.53
Free Cash Flow Growth	-	52.43%	61.00%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Gross Margin	44.27%	44.66%	42.84%	44.66%	41.65%	39.13%
Operating Margin	8.42%	8.65%	3.94%	1.72%	-11.95%	-15.90%
Pretax Margin	8.33%	9.86%	4.57%	3.26%	-11.96%	-17.18%
Profit Margin	6.50%	7.02%	2.66%	1.25%	-13.32%	-20.52%
FCF Margin	0.00%	19.66%	17.59%	14.07%	-15.90%	-5.66%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 26, 2026	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
PE Ratio	39.37	50.62	143.38	162.00	-	-
Forward PE	24.32	29.84	30.48	74.01	-	-
P/FCF Ratio	13.11	17.28	21.12	12.61	-	-
PS Ratio	2.43	3.40	3.72	1.77	2.36	12.53