Income Statement - Sea Ltd (SE)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 22.94 | 16.82 | 13.06 | 12.45 | 9.96 | 4.38 | 2.18 | 0.83 | 0.41 | 0.35 | 0.29 | 0.16 |
| Cost of revenue | 12.69 | 9.61 | 7.23 | 7.26 | 6.06 | 3.03 | 1.57 | 0.81 | 0.33 | 0.23 | 0.18 | 0.12 |
| Gross profit | 10.24 | 7.21 | 5.83 | 5.19 | 3.90 | 1.35 | 0.60 | 0.01 | 0.09 | 0.11 | 0.11 | 0.04 |
| Total operating expenses | 8.38 | 6.54 | 5.61 | 6.67 | 5.48 | 2.65 | 1.50 | 1.00 | 0.59 | 0.32 | 0.19 | 0.12 |
| Operating income | 1.86 | 0.66 | 0.22 | -1.49 | -1.58 | -1.30 | -0.89 | -0.99 | -0.50 | -0.21 | -0.08 | -0.09 |
| Non-operating income (net) | 0.40 | 0.11 | 0.20 | 0.00 | -0.13 | -0.18 | -0.48 | 0.03 | -0.05 | -0.01 | -0.01 | 0.00 |
| Income before tax | 2.26 | 0.77 | 0.43 | -1.49 | -1.71 | -1.48 | -1.37 | -0.96 | -0.55 | -0.22 | -0.10 | -0.09 |
| Income tax expense | 0.65 | 0.32 | 0.26 | 0.17 | 0.33 | 0.14 | 0.09 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Net income | 1.58 | 0.44 | 0.15 | -1.65 | -2.05 | -1.62 | -1.46 | -0.96 | -0.56 | -0.22 | -0.10 | -0.09 |
Show Quarterly Income Statement
Income Statement - Sea Ltd (SE)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7.10 | 6.85 | 5.99 | 5.26 | 4.84 | 4.95 | 4.33 | 3.81 | 3.73 | 3.73 | 3.31 | 3.10 | 3.04 | 3.45 | 3.16 | 2.94 | 2.90 | 3.22 | 2.69 | 2.28 | 1.76 | 1.57 | 1.21 | 0.88 | 0.71 | 0.78 | 0.61 | 0.44 | 0.35 | 0.28 | 0.20 | 0.18 | 0.16 | 0.12 | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.30 |
| Cost of revenue | 3.95 | 3.85 | 3.39 | 2.85 | 2.60 | 2.74 | 2.47 | 2.22 | 2.18 | 2.18 | 1.87 | 1.64 | 1.62 | 1.75 | 1.93 | 1.85 | 1.73 | 1.91 | 1.68 | 1.35 | 1.12 | 1.03 | 0.80 | 0.68 | 0.51 | 0.51 | 0.41 | 0.34 | 0.31 | 0.29 | 0.20 | 0.18 | 0.15 | 0.10 | 0.08 | 0.08 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.16 |
| Gross profit | 3.15 | 3.00 | 2.60 | 2.41 | 2.24 | 2.21 | 1.86 | 1.58 | 1.55 | 1.55 | 1.44 | 1.45 | 1.42 | 1.70 | 1.23 | 1.09 | 1.17 | 1.31 | 1.01 | 0.93 | 0.65 | 0.53 | 0.41 | 0.20 | 0.21 | 0.26 | 0.20 | 0.10 | 0.04 | -0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.11 |
| Total operating expenses | 2.58 | 2.46 | 2.12 | 1.92 | 1.78 | 1.90 | 1.66 | 1.50 | 1.48 | 1.52 | 1.57 | 1.17 | 1.29 | 1.18 | 1.72 | 1.93 | 1.67 | 1.75 | 1.47 | 1.26 | 0.99 | 0.89 | 0.71 | 0.57 | 0.47 | 0.49 | 0.39 | 0.33 | 0.28 | 0.32 | 0.25 | 0.23 | 0.21 | 0.21 | 0.17 | 0.11 | 0.10 | 0.11 | 0.08 | 0.07 | 0.05 | 0.37 |
| Operating income | 0.57 | 0.54 | 0.48 | 0.49 | 0.46 | 0.31 | 0.20 | 0.08 | 0.07 | 0.03 | -0.13 | 0.28 | 0.13 | 0.52 | -0.50 | -0.84 | -0.50 | -0.44 | -0.46 | -0.33 | -0.35 | -0.36 | -0.31 | -0.37 | -0.27 | -0.23 | -0.19 | -0.23 | -0.24 | -0.32 | -0.25 | -0.22 | -0.20 | -0.19 | -0.16 | -0.08 | -0.07 | -0.08 | -0.05 | -0.04 | -0.03 | -0.08 |
| Non-operating income (net) | 0.09 | 0.08 | 0.06 | 0.07 | 0.09 | 0.02 | 0.04 | 0.06 | -0.02 | 0.03 | 0.05 | 0.11 | 0.02 | -0.15 | -0.01 | -0.03 | 0.00 | -0.07 | -0.01 | -0.02 | -0.02 | -0.12 | -0.07 | 0.01 | 0.01 | -0.02 | 0.01 | -0.03 | -0.44 | 0.05 | 0.03 | 0.47 | -0.02 | -0.06 | 0.03 | -0.01 | 0.00 | 0.01 | -0.01 | -0.01 | 0.00 | -0.02 |
| Income before tax | 0.65 | 0.62 | 0.54 | 0.56 | 0.55 | 0.33 | 0.25 | 0.14 | 0.06 | 0.06 | -0.08 | 0.39 | 0.15 | 0.38 | -0.50 | -0.87 | -0.50 | -0.51 | -0.47 | -0.36 | -0.37 | -0.48 | -0.38 | -0.37 | -0.26 | -0.25 | -0.18 | -0.26 | -0.68 | -0.27 | -0.22 | 0.25 | -0.22 | -0.25 | -0.13 | -0.09 | -0.07 | -0.07 | -0.06 | -0.04 | -0.04 | -0.10 |
| Income tax expense | 0.21 | 0.21 | 0.16 | 0.14 | 0.14 | 0.09 | 0.09 | 0.06 | 0.08 | 0.08 | 0.06 | 0.06 | 0.06 | -0.04 | 0.07 | 0.06 | 0.08 | 0.11 | 0.10 | 0.08 | 0.05 | 0.04 | 0.05 | 0.03 | 0.02 | 0.04 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Net income | 0.43 | 0.40 | 0.37 | 0.41 | 0.40 | 0.24 | 0.15 | 0.08 | -0.02 | -0.02 | -0.14 | 0.33 | 0.09 | 0.43 | -0.57 | -0.93 | -0.58 | -0.62 | -0.57 | -0.43 | -0.42 | -0.52 | -0.42 | -0.39 | -0.28 | -0.28 | -0.21 | -0.28 | -0.69 | -0.28 | -0.22 | -0.25 | -0.22 | -0.26 | -0.13 | -0.09 | -0.07 | -0.07 | -0.06 | -0.05 | -0.04 | -0.10 |