TickerFacts.

Company research / SE

Sea Ltd (SE)

Build a valuation ↗↓ Download CSV

CIK 0001703399 · NYSE · Services-Miscellaneous Business Services

  • Sector Services
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Sea Ltd reported revenue of $22.94B. Revenue grew 36.4% from the prior annual period.

Key ratios (year ended 2025-12-31)

44.7%
Gross margin
8.7%
Operating margin
6.9%
Net margin
12.5%
Return on year-end equity
36.4%
Revenue growth (YoY)

Beyond the statements

Follow the company.

Explore new filings, reported insider transactions and company relationships.

Open company research ↗

Latest selected filing: Form 4 (ownership change) · 2026-10-19

Headquarters locality: Singapore · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$22.94B$16.82B$13.06Bn/an/an/an/an/a$414.19M$345.67M
Cost of Revenue$12.69B$9.61B$7.23B$7.26B$6.06B$3.03B$1.57B$812.21M$326.88M$232.60M
Gross Profit$10.24B$7.21B$5.83B$5.19B$3.90B$1.35B$604.92M$14.76M$87.31M$113.07M
R&D Expense$1.16B$1.21B$1.16B$1.38B$831.70M$353.79M$156.63M$67.53M$29.32M$20.81M
Operating Income$1.99B$662.15M$224.78M-$1.49B-$1.58B-$1.30B-$891.23M-$988.77M-$502.36M-$205.39M
Depreciation & Amortization$372.17M$389.67M$440.85M$428.34M$279.03M$180.76Mn/an/an/an/a
EBITDA$2.36B$1.05B$665.62M-$1.06B-$1.30B-$1.12Bn/an/an/an/a
Net Income$1.58B$444.32M$150.73M-$1.65B-$2.05B-$1.62B-$1.46B-$961.24M-$560.49M-$222.87M
EPS (Diluted)$2.52$0.74$0.25-$2.96-$3.84-$3.39-$3.35n/an/an/a
Total Assets$29.37B$22.63B$18.88B$17.00B$18.76B$10.46B$5.22B$2.19B$1.99B$485.77M
Total Liabilities$16.72B$14.15B$12.19B$11.19B$11.33B$7.04B$4.05B$2.43B$1.51B$406.35M
Long-Term Debtn/an/an/an/an/an/an/a$1.03Mn/an/a
Shareholders' Equity$12.65B$8.48B$6.70B$5.81B$7.42B$3.42B$1.17B-$239.46M$475.13M-$125.65M
Cash & Equivalents$4.16B$2.41B$2.81B$6.03B$9.25B$6.17B$3.12B$1.00B$1.35B$170.08M
Operating Cash Flow$5.02B$3.28B$2.08B-$1.06B$208.65M$555.87M$69.86M-$495.22M-$259.23M-$101.82M
Capital Expenditures$513.81M$318.15M$241.60M$924.18M$772.18M$336.27M$239.84M$177.34M$67.36M$16.98M
Free Cash Flow$4.51B$2.96B$1.84B-$1.98B-$563.53M$219.59M-$169.98M-$672.56M-$326.59M-$118.80M
Share Repurchases$14.03M$0$0n/an/an/an/an/an/an/a
Shares Outstandingn/an/an/an/an/an/an/an/an/a176.59M
Weighted Average Diluted Shares638.23M604.71M594.41M558.12M532.71M477.26M436.60Mn/an/an/a
EPS (Basic)$2.65$0.77$0.27-$2.96-$3.84-$3.39-$3.35n/an/an/a

Price chart

Chart and quotes by TradingView. Exchange coverage and delays vary.

Open chart on TradingView