Sea revenue and financials

SE · NYSE · USD

$95.68−1.21%−$1.17

Close · October 6, 2026

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%.

Annual revenue · 2025: $22.94B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Quarterly
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 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
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
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
Selling, general and administrative	2,055	1,818	1,790	1,490	1,333	1,237	1,416	1,185	1,079	1,060	1,200	1,192
Research and development	314	297	278	286	297	296	301	302	298	304	280	281
Operating income	650	593	565	476	488	456	306	202	82.9	71.1	-56.5	-128
EBIT	650	593	565	476	488	456	306	202	82.9	71.1	-56.5	-128
EBITDA	752	695	665	573	577	545	402	313	185	173	45.0	-20.7
Interest expense	1.3	1.6	6.7	—	9.0	9.1	9.3	—	—	9.7	10.1	—
Pre-tax income	709	652	620	536	558	547	327	246	141	55.8	-34.7	-82.3
Income tax	251	214	210	161	144	136	89.2	92.6	60.6	78.8	76.9	61.7
Net income	458	428	397	375	414	403	237	153	79.9	-23.7	-110	-144
Net income to common shareholders	458	428	397	375	414	403	237	153	79.9	-23.7	-110	-144
Basic EPS	0.72	0.70	0.66	0.63	0.68	0.68	0.41	0.26	0.14	-0.04	-0.19	-0.26
Diluted EPS	0.70	0.67	0.63	0.59	0.65	0.65	0.40	0.24	0.14	-0.04	-0.20	-0.26
Average shares (basic)	636	612	602	595	609	590	580	590	571	571	570	554
Average shares (diluted)	654	636	640	636	637	635	610	639	571	571	570	554