Sea (ADR) (SE)
Runs connected commerce, digital finance, and gaming platforms across emerging markets.
$102.59
vs last close−0.06 (−0.06%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,310 | 3,617 | 3,734 | 3,807 | 4,328 | 4,950 | 4,841 | 5,259 | 5,986 | 6,852 | 7,097 | 7,788 |
| Cost of revenue | 1,869 | 2,092 | 2,181 | 2,222 | 2,467 | 2,745 | 2,605 | 2,850 | 3,387 | 3,853 | 3,952 | 4,238 |
| Gross profit | 1,441 | 1,525 | 1,554 | 1,585 | 1,861 | 2,205 | 2,236 | 2,410 | 2,599 | 2,998 | 3,146 | 3,550 |
| 1,569 | 1,581 | 1,483 | 1,502 | 1,659 | 1,900 | 1,780 | 1,922 | 2,123 | 2,461 | 2,580 | 2,924 | |
| Research & development | 281 | 280 | 304 | 298 | 302 | 301 | 296 | 297 | 286 | 278 | 297 | 314 |
| Selling, general & administrative | 1,192 | 1,200 | 1,060 | 1,079 | 1,185 | 1,416 | 1,237 | 1,333 | 1,490 | 2,183 | 2,284 | 2,610 |
| Other expenses | 97 | 101 | 118 | 125 | 171 | 183 | 247 | 292 | 347 | 0 | 0 | 0 |
| Operating income | −128 | −57 | 71 | 83 | 202 | 306 | 456 | 488 | 476 | 538 | 565 | 626 |
| 45 | 22 | −15 | 58 | 44 | 21 | 91 | 71 | 60 | 83 | 87 | 83 | |
| Interest income | 88 | 92 | 87 | 91 | 94 | 93 | 89 | 91 | 81 | 70 | 67 | 69 |
| Interest expense | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 7 | 2 | 1 |
| Other non-operating income | 0 | −32 | 6 | −67 | −53 | −30 | −100 | −80 | −69 | −89 | −88 | 0 |
| Income before tax | −82 | −35 | 56 | 141 | 246 | 327 | 547 | 558 | 536 | 620 | 652 | 709 |
| Income tax expense | 62 | 77 | 79 | 61 | 93 | 89 | 136 | 144 | 161 | 210 | 214 | 251 |
| Net income from continuing operations | −144 | −112 | −23 | 80 | 153 | 238 | 411 | 414 | 375 | 411 | 438 | 458 |
| Other adjustments | 5 | 0 | 0 | −2 | 5 | 0 | 0 | 8 | 0 | 0 | 0 | 0 |
| Net income | −144 | −110 | −24 | 80 | 153 | 237 | 403 | 414 | 372 | 397 | 428 | 441 |
| EPS, basic | −$0.26 | −$0.19 | −$0.04 | $0.14 | $0.26 | $0.41 | $0.68 | $0.69 | $0.63 | $0.66 | $0.70 | $0.72 |
| EPS, diluted | −$0.26 | −$0.19 | −$0.04 | $0.14 | $0.26 | $0.39 | $0.63 | $0.69 | $0.59 | $0.63 | $0.67 | $0.70 |
| Weighted average shares, basic | 565 | 570 | 571 | 574 | 574 | 580 | 590 | 592 | 595 | 602 | 612 | 612 |
| Weighted average shares, diluted | 565 | 570 | 571 | 574 | 574 | 610 | 635 | 592 | 636 | 640 | 636 | 654 |
| EBITDA | −21 | 77 | 168 | 252 | 366 | 432 | 645 | 570 | 637 | 727 | 756 | 741 |
| Depreciation & amortization | 107 | 101 | 102 | 102 | 110 | 96 | 89 | 2 | 92 | 100 | 102 | 115 |
| EBIT | −128 | −25 | 65 | 150 | 256 | 336 | 556 | 567 | 545 | 627 | 654 | 626 |