Sea revenue and financials
$96.53Change from previous close: −0.33%Absolute change: −$0.32
In the fiscal year ended December 2025, Sea reported revenue of $22.94B (+36.38% year over year). Net income was $1.58B, a net margin of 6.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +36.38%
- 2025 vs 2024
- Net income growth
- +255.18%
- 2025 vs 2024
- Net margin
- 6.9%
- 2024: 2.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 5,025 | 3,277 | 2,080 | -1,056 | 209 | 556 | 69.9 | -495 | -259 | -102 |
| Depreciation and amortization | 372 | 390 | 441 | 428 | 279 | 181 | 117 | 54.9 | 23.4 | 18.0 |
| Capital expenditure | -514 | -318 | -242 | -924 | -772 | -336 | -240 | -177 | -67.4 | -17.0 |
| Investing cash flow | -4,409 | -5,041 | -5,804 | -2,429 | -3,767 | — | — | — | — | — |
| Financing cash flow | 1,623 | 1,684 | 366 | 400 | 7,402 | — | — | — | — | — |
| Share repurchases | -14.0 | 0.0 | 0.0 | — | — | — | — | — | — | — |
| Debt issued | 509 | 185 | 224 | 88.0 | — | — | — | — | — | — |
| Debt repaid | -545 | -358 | -259 | -729 | -3.2 | — | — | — | — | — |
| Effect of exchange rates | 98.8 | -83.1 | -8.0 | -144 | -58.2 | — | — | — | — | — |
| Net change in cash | 2,338 | -162 | -3,367 | -3,228 | 3,785 | — | — | — | — | — |
| Free cash flow | 4,511 | 2,959 | 1,838 | -1,980 | -564 | — | — | — | — | — |
| Levered free cash flow | 511 | 1,494 | 1,474 | -1,734 | -1,036 | — | — | — | — | — |