Sea Limited (SE)

Revenue

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Shopee Revenue	18.15B	16.56B	12.42B
Shopee Revenue Growth	9.60%	33.42%	37.93%
Monee Services Revenue	4.25B	3.79B	2.37B
Monee Services Revenue Growth	11.99%	60.14%	34.58%
Garena Revenue	2.61B	2.41B	1.91B
Garena Revenue Growth	8.34%	26.07%	-12.04%
Other Services Revenue	184.74M	173.46M	126.31M
Other Services Revenue Growth	6.51%	37.33%	-3.79%
Revenue (Other)	6.00K	32.00K	63.00K
Revenue (Total)	25.19B	22.94B	16.82B
Revenue (Total) Growth	9.84%	36.38%	28.75%

Revenue by Geography

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Southeast Asia Revenue	-	15.17B	11.77B
Southeast Asia Revenue Growth	-	28.86%	28.26%
Latin America Revenue	-	5.53B	3.28B
Latin America Revenue Growth	-	68.87%	49.34%
Rest of Asia Revenue	-	2.01B	1.59B
Rest of Asia Revenue Growth	-	26.03%	6.35%
Rest of the World Revenue	-	228.29M	178.10M
Rest of the World Revenue Growth	-	28.19%	-8.12%
Revenue (Total)	25.19B	22.94B	16.82B
Revenue (Total) Growth	9.84%	36.38%	28.75%

EBIT

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Shopee Operating Income	524.95M	581.05M	-139.43M
Shopee Operating Income Growth	-9.65%	-	-
Monee Services Operating Income	1.01B	972.68M	657.50M
Monee Services Operating Income Growth	3.80%	47.94%	34.13%
Garena Operating Income	1.33B	1.18B	978.82M
Garena Operating Income Growth	12.13%	20.97%	-16.90%
Other Services Operating Income	-111.82M	-90.54M	-43.90M
Unallocated Operating Income	-628.61M	-661.96M	-790.84M
Operating Income (Other)	1,000.00	5.00K	-
Operating Income (Total)	2.12B	1.99B	662.15M
Operating Income (Total) Growth	6.88%	199.83%	194.58%

Adjusted EBITDA

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Shopee Adjusted EBITDA	839.38M	880.62M	155.78M
Shopee Adjusted EBITDA Growth	-4.68%	465.32%	-
Monee Services Adjusted EBITDA	1.05B	1.02B	712.24M
Monee Services Adjusted EBITDA Growth	3.32%	42.94%	29.47%
Garena Adjusted EBITDA	1.77B	1.66B	1.20B
Garena Adjusted EBITDA Growth	6.97%	38.11%	30.21%
Other Services Adjusted EBITDA	-99.75M	-80.73M	-30.31M
Unallocated Adjusted EBITDA	-38.08M	-36.97M	-75.00M
Operating Income (Other)	-1.40B	-1.45B	-1.30B
Operating Income (Total)	2.12B	1.99B	662.15M
Operating Income (Total) Growth	6.88%	199.83%	194.58%

Key Performance Indicators

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Bookings - Garena	3.11B	2.95B	2.15B
Bookings - Garena Growth	5.29%	37.29%	18.71%

Key Performance Indicators 2

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014
Quarterly Active Users Count - Garena	666.50M	633.30M	618.00M
Quarterly Active Users Count - Garena Growth	5.24%	2.48%	16.89%
Quarterly Paying Users - Garena	72.60M	58.00M	50.40M
Quarterly Paying Users - Garena Growth	25.17%	15.08%	26.95%
GMV - Shopee E-Commerce	136.00B	127.40B	100.50B
GMV - Shopee E-Commerce Growth	6.75%	26.77%	28.02%
Orders - Shopee E-Commerce	14.90B	13.90B	10.90B
Orders - Shopee E-Commerce Growth	7.19%	27.52%	32.93%
Take Rate - Shopee E-Commerce	-	13.00%	12.40%

Updated May 12, 2026. Data Source: Fiscal.ai.