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NYSE · Consumer discretionary

Sea Ltd (SE)

Sea Ltd reported revenue of $22.9B in fiscal 2025, up 36.4% from a year earlier. Net income was $1.6B, a net margin of 6.9%. Operating cash flow minus capital spending left $4.5B of free cash flow in fiscal 2025. At December 31, 2025 it held $4.2B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 17, 2026.

Price
$99.55
-1.17% on the day · September 25, 2026
52-week range $77.05 to $193.48
Market cap
$61B
Revenue (FY2025)
$22.9B
+36.4% year on year
Net margin
6.9%

What Sea Ltd does

Sea operates digital entertainment, e-commerce, and digital financial services businesses across Southeast Asia, Taiwan, and Latin America. Its platforms include Garena, an online game developer and publisher, Shopee, an online shopping marketplace, and SeaMoney, a digital payments and financial services provider. Its shares trade on NYSE under the ticker SE.

Revenue and profit by year

Revenue
FY18: $827M $827M FY18FY19: $2.2B $2.2B FY19FY20: $4.4B $4.4B FY20FY21: $10B $10B FY21FY22: $12.4B $12.4B FY22FY23: $13.1B $13.1B FY23FY24: $16.8B $16.8B FY24FY25: $22.9B $22.9B FY25
Net income
FY18: -$961.2M -$961.2M FY18FY19: -$1.5B -$1.5B FY19FY20: -$1.6B -$1.6B FY20FY21: -$2B -$2B FY21FY22: -$1.7B -$1.7B FY22FY23: $150.7M $150.7M FY23FY24: $444.3M $444.3M FY24FY25: $1.6B $1.6B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$22.9B$2B$1.6B$2.52$4.5B
2024$16.8B$662.2M$444.3M$0.74$3B
2023$13.1B$224.8M$150.7M$0.25$1.8B
2022$12.4B-$1.5B-$1.7B-$2.96-$2B
2021$10B-$1.6B-$2B-$3.84-$563.5M
2020$4.4B-$1.3B-$1.6B-$3.39$219.6M

Latest SEC filings

What Sea Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 25, 2026
  2. August 11, 2026
  3. May 15, 2026
  4. May 12, 2026
  5. April 17, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  6. April 6, 2026
  7. March 3, 2026
  8. January 16, 2026
  9. January 2, 2026
  10. November 17, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 25, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about SE

What does Sea Ltd do?

Sea operates digital entertainment, e-commerce, and digital financial services businesses across Southeast Asia, Taiwan, and Latin America. Its platforms include Garena, an online game developer and publisher, Shopee, an online shopping marketplace, and SeaMoney, a digital payments and financial services provider. Its shares trade on NYSE under the ticker SE.

Is Sea Ltd profitable?

Yes. In fiscal 2025 it reported net income of $1.6B on revenue of $22.9B, a net margin of 6.9%.

How much revenue does Sea Ltd make?

In fiscal 2025 Sea Ltd reported revenue of $22.9B. That is 36.4% more than a year earlier.

When did Sea Ltd last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 17, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from September 25, 2026.

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Where the numbers come from

Financial figures are the values Sea Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.