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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 32,008 | 30,590 | 29,371 | 26,751 | 25,440 | 23,843 | 22,625 | 21,692 | 19,570 | 19,095 | 18,883 | 18,025 |
| Current assets | 24,053 | 23,936 | 23,249 | 21,083 | 19,740 | 17,779 | 16,858 | 15,554 | 12,881 | 12,381 | 11,774 | 11,974 |
| Cash and equivalents | 3,529 | 4,035 | 4,159 | 3,068 | 2,166 | 2,183 | 2,405 | 2,539 | 2,646 | 2,461 | 2,811 | 3,220 |
| Short-term investments | 5,570 | 6,505 | 6,413 | 6,834 | 7,245 | 6,243 | 6,215 | 5,375 | 3,387 | 2,941 | 2,548 | 2,763 |
| Receivables | 9,799 | 8,866 | 9,739 | 7,176 | 6,268 | 5,507 | 6,058 | 4,228 | 3,464 | 3,281 | 4,539 | 2,313 |
| Inventory | 273 | 229 | 223 | 209 | 169 | 173 | 143 | 201 | 158 | 142 | 125 | 116 |
| Net property, plant and equipment | 3,424 | 2,838 | 2,732 | 2,518 | 2,371 | 2,248 | 2,152 | 2,328 | 2,189 | 2,058 | 2,224 | 2,244 |
| Goodwill | 99.0 | 103 | 104 | 105 | 108 | 106 | 108 | 114 | 106 | 110 | 113 | 112 |
| Other intangible assets | 7.0 | 9.3 | 12.2 | 15.8 | 15.3 | 20.6 | 27.3 | 30.8 | 35.7 | 42.9 | 50.8 | 61.5 |
| Long-term investments | 2,756 | 2,173 | 1,889 | 1,828 | 2,122 | 2,829 | 2,694 | 2,975 | 3,769 | 4,025 | 4,263 | 3,163 |
| Current liabilities | 16,094 | 15,169 | 14,681 | 14,691 | 12,730 | 11,801 | 11,296 | 9,589 | 8,617 | 8,487 | 8,169 | 7,031 |
| Accounts payable | 470 | 539 | 741 | 480 | 359 | 321 | 605 | 275 | 294 | 280 | 406 | 268 |
| Long-term debt | 908 | 703 | 510 | 295 | 1,538 | 1,660 | 1,728 | 2,898 | 2,861 | 2,897 | 3,069 | 3,440 |
| Total debt | 4,126 | 3,584 | 3,376 | 4,244 | 4,192 | — | — | — | — | — | — | — |
| Total liabilities | 18,959 | 17,609 | 16,723 | 16,447 | 15,657 | 14,769 | 14,148 | 13,663 | 12,604 | 12,326 | 12,186 | 11,447 |
| Total equity (incl. minority) | 13,050 | 12,981 | 12,648 | 10,304 | 9,784 | 9,074 | 8,478 | 8,029 | 6,966 | 6,769 | 6,698 | 6,578 |
| Retained earnings | -5,708 | -6,141 | -6,560 | -6,957 | -7,329 | -7,735 | -8,138 | -8,375 | -8,524 | -8,606 | -8,582 | -8,473 |
| Minority interest | 138 | 128 | 122 | 108 | 107 | 111 | 105 | 112 | 99.0 | 102 | 104 | 111 |