Sea Limited (SE)
NYSE: SE · Real-Time Price · USD
108.73
+2.49 (2.34%)
Sep 14, 2026, 3:44 PM EDT - Market open
Sea Limited Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Revenue | 7,788 | 7,097 | 6,852 | 5,986 | 5,259 | 4,841 | 4,950 | 4,328 | 3,807 | 3,734 | 3,617 | 3,310 | 3,096 | 3,041 | 3,452 | 3,156 | 2,943 | 2,900 | 3,222 | 2,689 |
| 7,788 | 7,097 | 6,852 | 5,986 | 5,259 | 4,841 | 4,950 | 4,328 | 3,807 | 3,734 | 3,617 | 3,310 | 3,096 | 3,041 | 3,452 | 3,156 | 2,943 | 2,900 | 3,222 | 2,689 | |
Revenue Growth (YoY) | 48.07% | 46.61% | 38.41% | 38.30% | 38.16% | 29.64% | 36.88% | 30.76% | 22.97% | 22.80% | 4.78% | 4.89% | 5.20% | 4.88% | 7.12% | 17.37% | 29.03% | 64.41% | 105.68% | 121.83% |
Cost of Revenue | 4,238 | 3,952 | 3,853 | 3,387 | 2,850 | 2,605 | 2,745 | 2,467 | 2,222 | 2,181 | 2,092 | 1,869 | 1,645 | 1,624 | 1,754 | 1,928 | 1,852 | 1,730 | 1,911 | 1,680 |
Gross Profit | 3,550 | 3,146 | 2,998 | 2,599 | 2,410 | 2,236 | 2,205 | 1,861 | 1,585 | 1,554 | 1,525 | 1,441 | 1,451 | 1,417 | 1,697 | 1,228 | 1,090 | 1,170 | 1,311 | 1,009 |
Selling, General & Admin | 2,055 | 1,818 | 1,790 | 1,490 | 1,333 | 1,237 | 1,416 | 1,185 | 1,079 | 1,060 | 1,200 | 1,192 | 788.77 | 733.52 | 487.35 | 1,368 | 1,450 | 1,401 | 1,421 | 1,304 |
Research & Development | 314.16 | 296.67 | 277.59 | 286.28 | 297.43 | 295.86 | 301.22 | 301.99 | 298.47 | 304.38 | 279.81 | 280.51 | 283.3 | 320.51 | 244.2 | 420.97 | 370.93 | 340.41 | 286.64 | 231.37 |
Other Operating Expenses | -24.26 | -27.6 | -27.51 | -27.02 | -31.9 | -34.9 | -53.26 | -40.65 | -42.56 | -43.98 | -58.52 | -46.61 | -58 | -57.88 | -68.45 | -65.97 | -71.1 | -73.66 | -72.29 | -68.56 |
Operating Expenses | 2,900 | 2,553 | 2,433 | 2,123 | 1,922 | 1,780 | 1,900 | 1,659 | 1,502 | 1,483 | 1,581 | 1,569 | 1,167 | 1,174 | 1,177 | 1,723 | 1,750 | 1,668 | 1,753 | 1,467 |
Operating Income | 650.33 | 592.99 | 565.24 | 475.95 | 487.72 | 456.4 | 305.75 | 202.42 | 82.89 | 71.09 | -56.52 | -127.74 | 283.81 | 243.1 | 520.53 | -495.64 | -659.42 | -498.03 | -442.08 | -458.56 |
Interest Expense | - | -1.64 | -6.66 | - | -9 | -9.08 | -9.28 | - | - | -9.72 | -10.13 | - | - | -10.39 | -10.81 | - | - | -11.62 | -50.22 | - |
Interest & Investment Income | 68.6 | 89.83 | 70.2 | - | 90.3 | 88.82 | 93.97 | - | - | 87.12 | 90.95 | - | - | 68.8 | 54.34 | - | - | 10.78 | 10.92 | - |
Earnings From Equity Investments | -7.15 | -2.55 | -6.62 | -1.03 | -12.76 | 1.53 | -7.18 | -6.03 | 1.22 | 2.21 | -9.86 | -0.44 | 1.82 | 1.44 | 1.54 | 0.82 | 3.03 | 5.76 | 2.39 | 1.43 |
Currency Exchange Gain (Loss) | - | -27.3 | 31.52 | - | - | -0.61 | -4 | - | - | -10.81 | -7.44 | - | - | -8.14 | -85.25 | - | - | -4.99 | -10.71 | - |
Other Non Operating Income (Expenses) | -3.06 | - | - | 61.17 | 2 | - | - | 49.54 | 56.41 | - | - | 45.88 | 107.57 | - | - | -9.17 | -32.77 | - | - | -12.82 |
EBT Excluding Unusual Items | 708.72 | 651.32 | 653.68 | 536.08 | 558.26 | 537.06 | 379.26 | 245.92 | 140.52 | 139.89 | 7.01 | -82.3 | 393.2 | 294.81 | 480.35 | -504 | -689.15 | -498.1 | -489.69 | -469.94 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | -117.88 | -177.66 | - | -177.28 | - | - | - |
Gain (Loss) on Sale of Investments | - | - | -36.92 | - | - | -0.52 | -60.68 | - | - | -111.24 | -80.28 | - | - | -27.74 | -123 | - | - | -0.24 | -18.92 | - |
Other Unusual Items | - | 0.9 | 3.73 | - | - | 10.6 | 8.21 | - | - | 27.11 | 38.55 | - | - | - | 199.7 | - | - | - | -2.07 | - |
Pretax Income | 708.72 | 652.22 | 620.49 | 536.08 | 558.26 | 547.14 | 326.79 | 245.92 | 140.52 | 55.76 | -34.72 | -82.3 | 393.2 | 149.19 | 379.38 | -504 | -866.43 | -498.33 | -510.68 | -469.94 |
Income Tax Expense | 250.6 | 214 | 209.61 | 161.1 | 144.06 | 136.32 | 89.2 | 92.6 | 60.61 | 78.76 | 76.89 | 61.68 | 62.21 | 61.9 | -43.46 | 65.28 | 64.77 | 81.81 | 105.61 | 101.04 |
Earnings From Continuing Operations | 458.12 | 438.22 | 410.88 | 374.99 | 414.2 | 410.83 | 237.59 | 153.32 | 79.91 | -23 | -111.62 | -143.98 | 330.98 | 87.29 | 422.84 | -569.28 | -931.2 | -580.14 | -616.29 | -570.98 |
Minority Interest in Earnings | - | -10.29 | -13.78 | - | - | -7.78 | -0.28 | - | - | -0.66 | 1.88 | - | - | 0.78 | 3.96 | - | - | 0.33 | -1.32 | -2.04 |
Net Income | 458.12 | 427.94 | 397.1 | 374.99 | 414.2 | 403.05 | 237.31 | 153.32 | 79.91 | -23.66 | -109.74 | -143.98 | 330.98 | 88.08 | 426.8 | -569.28 | -931.2 | -579.81 | -617.61 | -573.02 |
Net Income to Common | 458.12 | 427.94 | 397.1 | 374.99 | 414.2 | 403.05 | 237.31 | 153.32 | 79.91 | -23.66 | -109.74 | -143.98 | 330.98 | 88.08 | 426.8 | -569.28 | -931.2 | -579.81 | -617.61 | -573.02 |
Net Income Growth (YoY) | 10.60% | 6.17% | 67.33% | 144.57% | 418.33% | - | - | - | -75.86% | - | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding (Basic) | 636 | 612 | 602 | 595 | 609 | 590 | 580 | 590 | 571 | 571 | 570 | 554 | 581 | 564 | 560 | 558 | 557 | 556 | 554 | 539 |
Shares Outstanding (Diluted) | 654 | 636 | 640 | 636 | 637 | 635 | 610 | 639 | 571 | 571 | 570 | 554 | 613 | 599 | 612 | 558 | 557 | 556 | 554 | 539 |
Shares Change (YoY) | 2.70% | 0.24% | 4.82% | -0.51% | 11.64% | 11.16% | 7.13% | 15.37% | -6.88% | -4.64% | -6.93% | -0.84% | 9.95% | 7.64% | 10.53% | 3.67% | 6.54% | 8.05% | 11.89% | 14.28% |
EPS (Basic) | 0.72 | 0.70 | 0.66 | 0.63 | 0.68 | 0.68 | 0.41 | 0.26 | 0.14 | -0.04 | -0.19 | -0.26 | 0.57 | 0.16 | 0.76 | -1.02 | -1.67 | -1.04 | -1.12 | -1.06 |
EPS (Diluted) | 0.70 | 0.67 | 0.63 | 0.59 | 0.65 | 0.65 | 0.40 | 0.24 | 0.14 | -0.04 | -0.20 | -0.26 | 0.54 | 0.15 | 0.70 | -1.02 | -1.67 | -1.04 | -1.12 | -1.06 |
EPS Growth (YoY) | 7.69% | 3.08% | 58.25% | 145.83% | 364.29% | - | - | - | -74.07% | - | - | - | - | - | - | - | - | - | - | - |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 1,150 | 918.91 | 1,314 | 1,040 | 1,400 | 756.93 | 931.83 | 1,032 | 553.87 | 441.49 | 214.23 | 555.84 | 563.48 | 504.54 | -604.49 | -166.26 | -485.47 | -723.65 | -1,077 | 305.61 |
Free Cash Flow Per Share | 1.76 | 1.44 | 2.05 | 1.64 | 2.20 | 1.19 | 1.53 | 1.62 | 0.97 | 0.77 | 0.38 | 1.00 | 0.92 | 0.84 | -0.99 | -0.30 | -0.87 | -1.30 | -1.95 | 0.57 |
Gross Margin | 45.58% | 44.32% | 43.76% | 43.42% | 45.82% | 46.19% | 44.55% | 43.00% | 41.63% | 41.61% | 42.16% | 43.54% | 46.87% | 46.59% | 49.18% | 38.90% | 37.05% | 40.35% | 40.68% | 37.51% |
Operating Margin | 8.35% | 8.36% | 8.25% | 7.95% | 9.27% | 9.43% | 6.18% | 4.68% | 2.18% | 1.90% | -1.56% | -3.86% | 9.17% | 7.99% | 15.08% | -15.71% | -22.41% | -17.18% | -13.72% | -17.05% |
Profit Margin | 5.88% | 6.03% | 5.79% | 6.26% | 7.88% | 8.33% | 4.79% | 3.54% | 2.10% | -0.63% | -3.03% | -4.35% | 10.69% | 2.90% | 12.37% | -18.04% | -31.64% | -20.00% | -19.17% | -21.31% |
Free Cash Flow Margin | 14.77% | 12.95% | 19.17% | 17.38% | 26.61% | 15.64% | 18.82% | 23.84% | 14.55% | 11.82% | 5.92% | 16.79% | 18.20% | 16.59% | -17.51% | -5.27% | -16.50% | -24.96% | -33.42% | 11.37% |
EBITDA | 752.33 | 694.99 | 665.03 | 573.36 | 576.6 | 545.28 | 401.92 | 312.63 | 185.17 | 173.37 | 44.96 | -20.65 | 404.01 | 363.29 | 635.95 | -425.89 | -569.76 | -408.38 | -358.54 | -396.4 |
EBITDA Margin | 9.66% | 9.79% | 9.71% | 9.58% | 10.96% | 11.26% | 8.12% | 7.22% | 4.86% | 4.64% | 1.24% | -0.62% | 13.05% | 11.95% | 18.43% | -13.49% | -19.36% | -14.08% | -11.13% | -14.74% |
D&A For EBITDA | 102 | 102 | 99.79 | 97.42 | 88.88 | 88.88 | 96.17 | 110.21 | 102.28 | 102.28 | 101.48 | 107.09 | 120.2 | 120.2 | 115.42 | 69.76 | 89.65 | 89.65 | 83.54 | 62.16 |
EBIT | 650.33 | 592.99 | 565.24 | 475.95 | 487.72 | 456.4 | 305.75 | 202.42 | 82.89 | 71.09 | -56.52 | -127.74 | 283.81 | 243.1 | 520.53 | -495.64 | -659.42 | -498.03 | -442.08 | -458.56 |
EBIT Margin | 8.35% | 8.36% | 8.25% | 7.95% | 9.27% | 9.43% | 6.18% | 4.68% | 2.18% | 1.90% | -1.56% | -3.86% | 9.17% | 7.99% | 15.08% | -15.71% | -22.41% | -17.18% | -13.72% | -17.05% |
Effective Tax Rate | 35.36% | 32.81% | 33.78% | 30.05% | 25.80% | 24.91% | 27.30% | 37.65% | 43.13% | 141.25% | - | - | 15.82% | 41.49% | - | - | - | - | - | - |
Revenue as Reported | 7,788 | 7,097 | 6,852 | 5,986 | 5,259 | 4,841 | 4,950 | 4,328 | 3,807 | 3,734 | 3,617 | 3,310 | 3,096 | 3,041 | 3,452 | 3,156 | 2,943 | 2,900 | 3,222 | 2,689 |