What is Sea Limited's earnings per share (EPS)?

Sea Limited (SE) reported diluted earnings per share of $2.52 for fiscal year 2025. This represents a 240.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Sea Limited (SE) Financials

FY2025 annual

Revenue $22.9B +36.4% YoY

Net Income $1.6B +255.2% YoY

EPS (Diluted) $2.52 +240.5% YoY

Free Cash Flow $4.5B +52.4% YoY

Market Cap $59.3B as of Oct 5, 2026

Price / Sales 2.6x on $22.9B revenue, FY2025

Price / Earnings 37.6x on $1.6B net income, FY2025

Price / Book 4.7x on $12.5B equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Apr 17, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Apr 17, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SE SEC filings page.

Sea Limited (SE) reported $22.9B in revenue for fiscal year 2025, up 36.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SE FY2025 2026-10-03

Sea Limited has shifted from loss-making growth to cash generation, with operating costs now absorbing expansion more efficiently.

From FY2023 to FY2025, operating margin rose from 1.7% to 8.7%, showing more revenue is reaching profit after core costs. Over the same span, free-cash-flow margin climbed from 14.1% to 19.7%, indicating the improvement is translating into cash rather than remaining an accounting-only recovery.

Gross margin returned to its FY2023 level of 44.7% in FY2025 after a FY2024 dip, so the larger profit step-up came below gross profit. Operating margin reached 8.7% as revenue expanded 36.4%, indicating costs were not rising proportionally.

Debt-to-equity fell from 1.8x in FY2023 to 1.3x in FY2025, indicating expansion was increasingly supported by equity rather than proportional leverage. FY2025 capital expenditure was $514M against free cash flow of $4.5B, so reported cash generation currently requires relatively modest reinvestment.

Financial Health Signals

Financial Health Score 58/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Sea Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Sea Limited has an operating margin of 8.6%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 41/100, indicating healthy but not exceptional operating efficiency. This is up from 3.9% the prior year.

Growth

Sea Limited's revenue surged 36.4% year-over-year to $22.9B, reflecting rapid business expansion. This strong growth earns a score of 91/100.

Leverage

Sea Limited has a moderate D/E ratio of 1.33. This balance of debt and equity financing earns a leverage score of 41/100.

Liquidity

Sea Limited's current ratio of 1.58 indicates adequate short-term liquidity, earning a score of 45/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Sea Limited converts 19.7% of revenue into free cash flow ($4.5B). This strong cash generation earns a score of 84/100.

Returns

Sea Limited's ROE of 12.6% shows moderate profitability relative to equity, earning a score of 45/100. This is up from 5.3% the prior year.

Altman Z-Score Safe

3.17

Sea Limited scores 3.17, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($59.3B) relative to total liabilities ($16.7B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/7

Sea Limited passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

3.18x

For every $1 of reported earnings, Sea Limited generates $3.18 in operating cash flow ($5.0B OCF vs $1.6B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

59.07x

Sea Limited earns $59.07 in operating income for every $1 of interest expense ($2.0B vs $33.6M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$4.2B

YoY+72.9%

QoQ+72.9%

Sea Limited held $4.2B in cash as of Q4 2025; long-term debt is not reported for that period.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Shares Outstanding

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

SE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SE quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Revenue	$22.9B+36.4%	$16.8B+28.8%	$13.1B+4.9%	$12.4B+25.1%	$10.0B+127.5%	$4.4B+101.1%	$2.2B+163.1%	$827.0M+99.7%	$414.2M+19.8%	$345.7M+18.3%	$292.1M
Cost of Revenue	$12.7B+32.0%	$9.6B+33.0%	$7.2B-0.5%	$7.3B+19.9%	$6.1B+100.2%	$3.0B+92.7%	$1.6B+93.4%	$812.2M+148.5%	$326.9M+40.5%	$232.6M+26.2%	$184.3M
Gross Profit	$10.2B+42.2%	$7.2B+23.5%	$5.8B+12.5%	$5.2B+33.1%	$3.9B+188.8%	$1.3B+123.0%	$604.9M+3998.9%	$14.8M-83.1%	$87.3M-22.8%	$113.1M+4.9%	$107.8M
R&D Expenses	$1.2B-4.1%	$1.2B+3.6%	$1.2B-15.4%	$1.4B+65.5%	$831.7M+135.1%	$353.8M+125.9%	$156.6M+132.0%	$67.5M+130.3%	$29.3M+40.9%	$20.8M+17.4%	$17.7M
SG&A Expenses	$1.4B+7.1%	$1.3B+11.7%	$1.1B-21.1%	$1.4B+45.5%	$987.9M+64.7%	$599.7M+55.4%	$385.9M+60.3%	$240.8M+74.6%	$137.9M+22.7%	$112.4M+28.9%	$87.2M
Operating Income	$2.0B+199.8%	$662.2M+194.6%	$224.8M+115.1%	-$1.5B+6.0%	-$1.6B-21.5%	-$1.3B-46.2%	-$891.2M+9.9%	-$988.8M-96.8%	-$502.4M-144.6%	-$205.4M-147.3%	-$83.1M
EBITDA	$2.4B+124.1%	$1.1B+58.0%	$665.6M+162.8%	-$1.1B+18.8%	-$1.3B-16.2%	-$1.1B-46.1%	-$768.4M+15.6%	-$910.0M-97.2%	-$461.4M-178.2%	-$165.8M-208.2%	-$53.8M
Interest Expense	$33.6M-12.3%	$38.3M-6.7%	$41.1M-9.5%	$45.4M-66.8%	$136.9M+10.5%	$123.8M+156.9%	$48.2M+54.0%	$31.3M+18.1%	$26.5M+115121.7%	$23K-28.1%	$32K
Income Tax	$651.1M+102.7%	$321.2M+22.3%	$262.7M+56.0%	$168.4M-49.4%	$332.9M+135.0%	$141.6M+65.0%	$85.9M+2000.4%	$4.1M-62.0%	$10.7M+25.7%	$8.5M-27.1%	$11.7M
Net Income	$1.6B+255.2%	$444.3M+194.8%	$150.7M+109.1%	-$1.7B+19.3%	-$2.0B-26.5%	-$1.6B-10.6%	-$1.5B-52.2%	-$961.2M-71.5%	-$560.5M-151.5%	-$222.9M-115.6%	-$103.4M
EPS (Basic)	$2.65+244.2%	$0.77+185.2%	$0.27+109.1%	-$2.96+22.9%	-$3.84-13.3%	-$3.39-1.2%	-$3.35	N/A	N/A	N/A	N/A
EPS (Diluted)	$2.52+240.5%	$0.74+196.0%	$0.25+108.4%	-$2.96+22.9%	-$3.84-13.3%	-$3.39-1.2%	-$3.35	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	638M+5.5%	605M+1.7%	594M+6.5%	558M+4.8%	533M+11.6%	477M+9.3%	437M	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q3'2010-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

SE Balance Sheet

SE quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Total Assets	$29.4B+29.8%	$22.6B+19.8%	$18.9B+11.1%	$17.0B-9.3%	$18.8B+79.4%	$10.5B+100.1%	$5.2B+138.3%	$2.2B+10.3%	$2.0B+309.3%	$485.8M	N/A
Current Assets	$23.2B+37.9%	$16.9B+43.2%	$11.8B-7.2%	$12.7B-16.2%	$15.1B+69.3%	$8.9B+102.7%	$4.4B+157.8%	$1.7B-0.6%	$1.7B+455.3%	$309.9M	N/A
Cash & Equivalents	$4.2B+72.9%	$2.4B-14.4%	$2.8B-53.4%	$6.0B-34.8%	$9.2B+50.0%	$6.2B+97.7%	$3.1B+211.0%	$1.0B-25.6%	$1.3B+692.2%	$170.1M+46.4%	$116.2M
Short-Term Investments	$6.4B+3.2%	$6.2B+144.0%	$2.5B+194.8%	$864.3M-5.2%	$911.3M+622.7%	$126.1M+23.2%	$102.3M+14729.6%	$690K-96.2%	$18.0M	$0	$0
Inventory	$222.6M+55.4%	$143.2M+14.2%	$125.4M+14.3%	$109.7M-6.7%	$117.5M+83.0%	$64.2M+138.4%	$26.9M-28.5%	$37.7M+285.0%	$9.8M+148.0%	$3.9M	N/A
Accounts Receivable	$378.0M+23.3%	$306.7M+16.7%	$262.7M-2.3%	$268.8M-30.8%	$388.3M+7.0%	$363.0M+94.1%	$187.0M+91.3%	$97.8M+58.1%	$61.8M+76.3%	$35.1M	N/A
Long-Term Investments	$1.3B-37.4%	$2.1B-39.0%	$3.4B+1063.2%	$292.7M+52.4%	$192.1M+3541.8%	$5.3M-90.6%	$56.4M-19.8%	$70.4M+5534.4%	$1.2M-47.7%	$2.4M	$0
Goodwill	$104.5M-2.9%	$107.6M-4.6%	$112.8M-51.0%	$230.2M-57.3%	$539.6M+149.5%	$216.3M+598.8%	$31.0M0.0%	$31.0M0.0%	$31.0M	N/A	N/A
Total Liabilities	$16.7B+18.2%	$14.1B+16.1%	$12.2B+8.9%	$11.2B-1.2%	$11.3B+61.1%	$7.0B+73.6%	$4.1B+66.6%	$2.4B+60.7%	$1.5B+147.5%	$611.4M	N/A
Current Liabilities	$14.7B+30.0%	$11.3B+38.3%	$8.2B+17.8%	$6.9B-3.4%	$7.2B+54.8%	$4.6B+96.2%	$2.4B+99.1%	$1.2B+86.1%	$637.7M+141.8%	$263.8M	N/A
Non-Current Liabilities	$2.0B-28.4%	$2.9B-29.0%	$4.0B-5.6%	$4.3B+2.4%	$4.2B+73.2%	$2.4B+42.0%	$1.7B+35.6%	$1.2B+42.3%	$875.4M+513.9%	$142.6M	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.0M	N/A	N/A	N/A
Total Equity	$12.5B+49.6%	$8.4B+27.0%	$6.6B+15.4%	$5.7B-22.7%	$7.4B+118.7%	$3.4B+191.0%	$1.2B+578.1%	-$243.1M-151.8%	$469.0M+473.2%	-$125.7M-270.5%	$73.7M
Retained Earnings	-$6.6B+19.3%	-$8.2B+5.2%	-$8.6B+1.7%	-$8.7B-21.4%	-$7.2B-39.8%	-$5.2B-45.9%	-$3.5B-70.7%	-$2.1B-86.9%	-$1.1B-119.1%	-$505.0M	N/A

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q3'2010-K
Total Assets	$29.4B+29.8%	$22.6B+19.8%	$18.9B+11.1%	$17.0B-9.3%	$18.8B+79.4%	$11.5B	$10.5B+100.1%	$7.0B
Current Assets	$23.2B+37.9%	$16.9B+43.2%	$11.8B-7.2%	$12.7B-16.2%	$15.1B+69.3%	$9.4B	$8.9B+102.7%	$5.6B
Cash & Equivalents	$4.2B+72.9%	$2.4B-14.4%	$2.8B-53.4%	$6.0B-34.8%	$9.2B+50.0%	$4.6B	$6.2B+97.7%	$3.5B
Short-Term Investments	$6.4B+3.2%	$6.2B+144.0%	$2.5B+194.8%	$864.3M-5.2%	$911.3M+622.7%	$962.1M	$126.1M+23.2%	$42.3M
Inventory	$222.6M+55.4%	$143.2M+14.2%	$125.4M+14.3%	$109.7M-6.7%	$117.5M+83.0%	$99.5M	$64.2M+138.4%	$61.7M
Accounts Receivable	$378.0M+23.3%	$306.7M+16.7%	$262.7M-2.3%	$268.8M-30.8%	$388.3M+7.0%	$382.7M	$363.0M+94.1%	$289.2M
Long-Term Investments	$1.3B-37.4%	$2.1B-39.0%	$3.4B+1063.2%	$292.7M+52.4%	$192.1M+3541.8%	$45.4M	$5.3M-90.6%	$42.6M
Goodwill	$104.5M-2.9%	$107.6M-4.6%	$112.8M-51.0%	$230.2M-57.3%	$539.6M+149.5%	$476.3M	$216.3M+598.8%	$208.1M
Total Liabilities	$16.7B+18.2%	$14.1B+16.1%	$12.2B+8.9%	$11.2B-1.2%	$11.3B+61.1%	$7.9B	$7.0B+73.6%	$6.2B
Current Liabilities	$14.7B+30.0%	$11.3B+38.3%	$8.2B+17.8%	$6.9B-3.4%	$7.2B+54.8%	$5.9B	$4.6B+96.2%	$3.8B
Non-Current Liabilities	$2.0B-28.4%	$2.9B-29.0%	$4.0B-5.6%	$4.3B+2.4%	$4.2B+73.2%	$2.0B	$2.4B+42.0%	$2.4B
Total Equity	$12.5B+49.6%	$8.4B+27.0%	$6.6B+15.4%	$5.7B-22.7%	$7.4B+118.7%	$3.6B	$3.4B+191.0%	$741.2M
Retained Earnings	-$6.6B+19.3%	-$8.2B+5.2%	-$8.6B+1.7%	-$8.7B-21.4%	-$7.2B-39.8%	-$6.0B	-$5.2B-45.9%	-$4.6B

Not reported in any period shown, so not listed: Long-Term Debt.

SE Cash Flow Statement

SE quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Operating Cash Flow	$5.0B+53.3%	$3.3B+57.6%	$2.1B+297.0%	-$1.1B-606.0%	$208.6M-62.5%	$555.9M+695.6%	$69.9M+114.1%	-$495.2M-91.0%	-$259.2M-154.6%	-$101.8M-305.7%	-$25.1M
Depreciation & Amortization	$372.2M-4.5%	$389.7M-11.6%	$440.8M+2.9%	$428.3M+53.5%	$279.0M+54.4%	$180.8M+47.2%	$122.8M+56.0%	$78.7M+92.4%	$40.9M+3.5%	$39.6M+35.2%	$29.3M
Stock-Based Compensation	$625.0M-12.7%	$715.8M+4.5%	$685.0M-3.0%	$705.9M+50.1%	$470.3M+62.0%	$290.2M+147.9%	$117.1M+101.4%	$58.1M+103.0%	$28.6M-0.7%	$28.8M+40.2%	$20.6M
Capital Expenditures	$513.8M+61.5%	$318.2M+31.7%	$241.6M-73.9%	$924.2M+19.7%	$772.2M+129.6%	$336.3M+40.2%	$239.8M+35.2%	$177.3M+163.3%	$67.4M+296.8%	$17.0M-34.3%	$25.8M
Free Cash Flow	$4.5B+52.4%	$3.0B+61.0%	$1.8B+192.8%	-$2.0B-251.3%	-$563.5M-356.6%	$219.6M+229.2%	-$170.0M+74.7%	-$672.6M-105.9%	-$326.6M-174.9%	-$118.8M-133.2%	-$50.9M
Investing Cash Flow	-$4.4B+12.5%	-$5.0B+13.2%	-$5.8B-139.0%	-$2.4B+35.5%	-$3.8B-324.8%	-$886.9M-144.2%	-$363.2M-61.8%	-$224.5M-89.3%	-$118.6M-296.3%	-$29.9M	N/A
Financing Cash Flow	$1.6B-3.6%	$1.7B+360.2%	$366.0M-8.6%	$400.3M-94.6%	$7.4B+98.3%	$3.7B+44.7%	$2.6B+371.9%	$546.6M-66.3%	$1.6B+713.5%	$199.6M	N/A
Share Buybacks	$14.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q3'2010-K
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$185.4M+767.1%	$296.0M
Depreciation & Amortization	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$47.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	$117.1M+176.5%	$115.2M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$68.3M+197.4%	$180.8M
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	-$366.9M-155.4%	-$209.2M
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	$2.9B+182.2%	-$2.8M

Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid, Share Buybacks.

SE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SE quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K
Gross Margin	44.7%+1.8pp	42.8%-1.8pp	44.7%+3.0pp	41.6%+2.5pp	39.1%+8.3pp	30.8%+3.0pp	27.8%+26.0pp	1.8%-19.3pp	21.1%-11.6pp	32.7%-4.2pp	36.9%
Operating Margin	8.6%+4.7pp	3.9%+2.2pp	1.7%+13.7pp	-11.9%+4.0pp	-15.9%+13.9pp	-29.8%+11.2pp	-41.0%	-119.6%	-121.3%	-59.4%-31.0pp	-28.4%
Net Margin	6.9%+4.2pp	2.6%+1.5pp	1.1%+14.4pp	-13.3%+7.3pp	-20.6%+16.4pp	-37.0%+30.3pp	-67.2%	-116.2%	-135.3%	-64.5%-29.1pp	-35.4%
Return on Equity	12.6%+7.3pp	5.3%+3.0pp	2.3%+31.2pp	-28.9%-1.2pp	-27.7%+20.2pp	-47.8%+78.0pp	-125.8%	N/A	-119.5%	N/A	-140.3%
Return on Assets	5.4%+3.4pp	2.0%+1.2pp	0.8%+10.5pp	-9.7%+1.2pp	-10.9%+4.6pp	-15.5%+12.5pp	-28.0%+15.8pp	-43.8%-15.7pp	-28.2%+17.7pp	-45.9%	N/A
Current Ratio	1.58+0.1x	1.49+0.1x	1.44-0.4x	1.83-0.3x	2.11+0.2x	1.93+0.1x	1.87+0.4x	1.44-1.3x	2.70+1.5x	1.17	N/A
Debt-to-Equity	1.33-0.4x	1.69-0.2x	1.85-0.1x	1.96+0.4x	1.53-0.5x	2.08-1.4x	3.49	N/A	3.23	N/A	N/A
Asset Turnover	0.780.0x	0.74+0.1x	0.690.0x	0.73+0.2x	0.53+0.1x	0.420.0x	0.420.0x	0.38+0.2x	0.21-0.5x	0.71	N/A
FCF Margin	19.7%+2.1pp	17.6%+3.5pp	14.1%+30.0pp	-15.9%-10.2pp	-5.7%-10.7pp	5.0%+12.8pp	-7.8%+73.5pp	-81.3%-2.5pp	-78.8%-44.5pp	-34.4%-16.9pp	-17.4%

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q3'2010-K
Current Ratio	1.58+0.1x	1.49+0.1x	1.44-0.4x	1.83-0.3x	2.11+0.2x	1.60	1.93+0.1x	1.47
Debt-to-Equity	1.33-0.4x	1.69-0.2x	1.85-0.1x	1.96+0.4x	1.53-0.5x	2.23	2.08-1.4x	8.35

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Sea Limited SE	FY2025	$22.9B	$1.6B	6.9%	$59.3B	58/100
Mercado Libre, Inc MELI	FY2025	$28.9B	$2.0B	6.9%	$86.0B	75/100
DoorDash, Inc. DASH	FY2025	$13.7B	$935.0M	6.8%	$82.0B	54/100
PDD Holdings Inc. PDD	FY2025	$61.8B	$14.0B	22.7%	$107.3B	65/100
Coupang, Inc. CPNG	FY2025	$34.5B	$208.0M	0.6%	$24.8B	51/100
JD.com, Inc. JD	FY2025	$187.2B	$3.3B	1.8%	$34.8B	42/100

Where Sea Limited Ranks

Frequently Asked Questions

What is Sea Limited's annual revenue?

Sea Limited (SE) reported $22.9B in total revenue for fiscal year 2025. This represents a 36.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Sea Limited's revenue growing?

Sea Limited (SE) revenue grew by 36.4% year-over-year, from $16.8B to $22.9B in fiscal year 2025.

Is Sea Limited profitable?

Yes, Sea Limited (SE) reported a net income of $1.6B in fiscal year 2025, with a net profit margin of 6.9%.

What is Sea Limited's EBITDA?

Sea Limited (SE) had EBITDA of $2.4B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Sea Limited's gross margin?

Sea Limited (SE) had a gross margin of 44.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Sea Limited's operating margin?

Sea Limited (SE) had an operating margin of 8.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Sea Limited's net profit margin?

Sea Limited (SE) had a net profit margin of 6.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Sea Limited's return on equity (ROE)?

Sea Limited (SE) has a return on equity of 12.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sea Limited's free cash flow?

Sea Limited (SE) generated $4.5B in free cash flow during fiscal year 2025. This represents a 52.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Sea Limited's operating cash flow?

Sea Limited (SE) generated $5.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sea Limited's total assets?

Sea Limited (SE) had $29.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Sea Limited's capital expenditures?

Sea Limited (SE) invested $513.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Sea Limited spend on research and development?

Sea Limited (SE) invested $1.2B in research and development during fiscal year 2025.

Does Sea Limited buy back shares?

Yes, Sea Limited (SE) spent $14.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Sea Limited's current ratio?

Sea Limited (SE) had a current ratio of 1.58 as of fiscal year 2025, which is generally considered healthy.

What is Sea Limited's debt-to-equity ratio?

Sea Limited (SE) had a debt-to-equity ratio of 1.33 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sea Limited's return on assets (ROA)?

Sea Limited (SE) had a return on assets of 5.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sea Limited's P/E ratio?

Sea Limited (SE) trades at 37.6x earnings, its market capitalization divided by net income of $1.6B net income, FY2025. The market capitalization is $59.3B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Sea Limited's price-to-sales ratio?

Sea Limited (SE) trades at 2.6x sales, its market capitalization divided by revenue of $22.9B revenue, FY2025. The market capitalization is $59.3B as of Oct 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Sea Limited's Altman Z-Score?

Sea Limited (SE) has an Altman Z-Score of 3.17, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Sea Limited's Piotroski F-Score?

Sea Limited (SE) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Sea Limited's earnings high quality?

Sea Limited (SE) has an earnings quality ratio of 3.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Sea Limited cover its interest payments?

Sea Limited (SE) has an interest coverage ratio of 59.07x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Sea Limited?

Sea Limited (SE) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.