SE · Sea Ltd · Financials
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Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $22.94B | $16.82B | $13.06B | $12.45B | $9.96B | $4.38B | $2.18B | $826.97M | $414.19M | $345.67M | $292.12M | |
| $12.69B | $9.61B | $7.23B | $7.26B | $6.06B | $3.03B | $1.57B | $812.21M | $326.88M | $232.6M | $184.3M | |
| $10.24B | $7.21B | $5.83B | $5.19B | $3.9B | $1.35B | $604.92M | $14.76M | $87.31M | $113.07M | $107.83M | |
| 44.66% | 42.84% | 44.66% | 41.65% | 39.13% | 30.83% | 27.81% | 1.78% | 21.08% | 32.71% | 36.91% | |
| $1.16B | $1.21B | $1.16B | $1.38B | $831.7M | $353.79M | $156.63M | $67.53M | $29.32M | $20.81M | $17.73M | |
| $4.49B | $3.47B | $2.78B | $3.27B | $3.83B | $1.83B | $969.54M | $705.02M | $425.97M | $187.37M | $89.02M | |
| $1.36B | $1.27B | $1.13B | $1.44B | $987.87M | $599.71M | $385.87M | $240.78M | $137.87M | $112.38M | $87.2M | |
| $20.34M | $35.19M | $28.61M | $23.42M | $18.35M | $11.69M | $4.85M | $23.83M | $17.57M | $21.6M | $14.15M | |
| $372.17M | $389.67M | $440.85M | $428.34M | $279.03M | $180.76M | — | — | — | — | — | |
| $8.26B | $6.54B | $5.61B | $6.67B | $5.48B | $2.65B | $1.5B | $1B | $589.67M | $318.46M | $190.89M | |
| $1.99B | $662.15M | $224.78M | -$1.49B | -$1.58B | -$1.3B | -$891.23M | -$988.77M | -$502.36M | -$205.39M | -$83.06M | |
| 8.65% | 3.94% | 1.72% | -11.95% | -15.9% | -29.79% | -40.97% | -119.57% | -121.29% | -59.42% | -28.43% | |
| $2.36B | $1.05B | $665.62M | -$1.06B | -$1.3B | -$1.12B | — | — | — | — | — | |
| $33.61M | $38.34M | $41.08M | $45.4M | $136.88M | $123.84M | $48.21M | $31.3M | $26.5M | $23K | $32K | |
| $331.07M | $365.82M | $331.31M | $115.52M | $36.08M | $24.8M | $33.94M | $11.52M | $2.92M | $741K | $545K | |
| $295.55M | $116.63M | $207.62M | -$13.03M | -$132.12M | -$179.91M | -$477.39M | $34.89M | -$46.15M | $8.5M | — | |
| -$18.88M | -$9.79M | -$7.03M | $11.16M | $5.02M | $721K | -$3.24M | -$3.07M | -$1.91M | -$19.52M | -$8.15M | |
| -$43.44M | -$250.22M | -$125.66M | -$207.33M | -$43.5M | -$17.82M | $11.79M | $8.6M | $33.59M | $9.43M | — | |
| $2.28B | $778.78M | $432.39M | -$1.5B | -$1.72B | -$1.48B | -$1.37B | -$953.88M | -$548.51M | -$196.89M | -$87.46M | |
| $651.08M | $321.17M | $262.68M | $168.4M | $332.87M | $141.64M | $85.86M | $4.09M | $10.75M | $8.55M | $11.73M | |
| $1.58B | $444.32M | $150.73M | -$1.65B | -$2.05B | -$1.62B | -$1.46B | -$961.24M | -$560.49M | -$222.87M | -$103.37M | |
| 6.88% | 2.64% | 1.15% | -13.26% | -20.56% | -36.98% | -67.24% | -116.24% | -135.32% | -64.47% | -35.38% | |
| $32.75M | $3.51M | $11.96M | -$6.35M | $3.73M | -$6.1M | $5.08M | $207K | -$681K | -$2.09M | -$3.97M | |
| — | $445.99M | $150.73M | -$1.65B | — | — | — | — | — | — | — | |
| $1.77B | $359.17M | $153.94M | -$1.74B | -$2.08B | -$1.62B | -$1.47B | -$956.74M | -$558.37M | -$220.83M | -$102.79M | |
| USD/shares | $2.65 | $0.77 | $0.27 | -$2.96 | -$3.84 | -$3.39 | -$3.35 | — | — | — | — |
| USD/shares | $2.52 | $0.74 | $0.25 | -$2.96 | -$3.84 | -$3.39 | -$3.35 | — | — | — | — |
| shares | 595.02M | 574.97M | 566.61M | 558.12M | 532.71M | 477.26M | 436.6M | 338.47M | 205.73M | 171.13M | 164.63M |
| shares | 638.23M | 604.71M | 594.41M | 558.12M | 532.71M | 477.26M | 436.6M | 338.47M | 205.73M | 171.13M | 164.63M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $14.03M in buybacks.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Read debt and covenant terms in your AI or your code through MCP and the API →Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Convertible notes payable, including current maturities | 2025-12-31 | USD 1,050,071,000 | 20-F filed 2026-04-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Current finance lease liabilities | 2025-12-31 | USD 11,635,000 | 20-F filed 2026-04-17 |
| Noncurrent finance lease liabilities | 2025-12-31 | USD 33,767,000 | 20-F filed 2026-04-17 |
| Noncurrent secured debt | 2025-12-31 | USD 510,396,000 | 20-F filed 2026-04-17 |
| Operating lease liabilities | 2025-12-31 | USD 1,486,797,000 | 20-F filed 2026-04-17 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term bank loans and notes payable | 2025-12-31 | USD 283,181,000 | 20-F filed 2026-04-17 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 13 similar-size Internet Retail companies (of 43 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| E Commerce Shopee | $16,564,605,000 | $12,415,231,000 | $9,000,848,000 | $7,288,677,000 | $5,122,959,000 | $2,167,149,000 | $834,295,000 | $269,578,000 |
| Digital Financial Services Monee | $3,791,641,000 | $2,367,739,000 | $1,759,422,000 | $1,221,996,000 | $469,774,000 | $60,785,000 | $9,223,000 | $11,458,000 |
| Digital Entertainment Garena | $2,408,765,000 | $1,910,589,000 | $2,172,009,000 | $3,877,163,000 | $4,320,013,000 | $2,015,972,000 | $1,136,017,000 | $462,464,000 |
| All Other Segments | $173,458,000 | $126,307,000 | $131,281,000 | $61,869,000 | $42,444,000 | $131,758,000 | $195,843,000 | $83,468,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Southeast Asia Excluding Singapore | $14,379,011,000 | $11,114,896,000 | $8,673,045,000 | — | — | — | — | — |
| Latin America | $5,532,738,000 | $3,276,281,000 | $2,193,758,000 | $2,043,918,000 | $1,850,861,000 | $790,308,000 | $282,618,000 | $14,713,000 |
| Rest of Asia | $2,005,721,000 | $1,591,487,000 | $1,496,433,000 | $1,727,187,000 | $1,394,342,000 | $655,007,000 | $489,291,000 | $229,773,000 |
| Singapore | $792,705,000 | $659,107,000 | $506,482,000 | — | — | — | — | — |
| Rest of World | $228,294,000 | $178,095,000 | $193,842,000 | $357,351,000 | $393,205,000 | $138,455,000 | $25,328,000 | $1,146,000 |
| Southeast Asia | — | — | — | $8,321,249,000 | $6,316,782,000 | $2,791,894,000 | $1,378,141,000 | $581,336,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Service | $20,913,061,000 | $15,261,263,000 | $11,942,385,000 | $11,340,336,000 | — | — | — | — |
| Product | $2,025,408,000 | $1,558,603,000 | $1,121,175,000 | $1,109,369,000 | $1,070,560,000 | $582,362,000 | $216,702,000 | $94,455,000 |
| Digital Entertainment | — | — | — | — | $4,320,013,000 | $2,015,972,000 | $1,136,017,000 | $462,464,000 |
| ECommerce and Other Services | — | — | — | — | $4,564,617,000 | $1,777,330,000 | $822,659,000 | $270,049,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Digital Entertainment | $1,177,871,000 | $1,971,416,000 | $2,500,081,000 | $1,016,793,000 | $529,524,000 | $69,449,000 | $45,637,000 |
| Digital Financial Services | $490,209,000 | -$277,264,000 | -$640,422,000 | -$520,075,000 | -$116,309,000 | -$34,056,000 | -$38,038,000 |
| All Other Segments | -$56,728,000 | -$252,162,000 | -$177,633,000 | -$49,006,000 | -$39,864,000 | -$62,548,000 | -$21,199,000 |
| E-Commerce | -$550,470,000 | -$2,013,360,000 | -$2,766,566,000 | -$1,442,593,000 | -$1,131,771,000 | -$893,489,000 | -$452,233,000 |
Operating Margin by Segment (%)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|
| All Other Segments | -43.2% | -407.6% | -418.5% | -37.2% | -20.4% | -74.9% |