The full income statement, balance sheet, and cash-flow statement for Sea Limited American Depositary Shares each representing one (SE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
Source: SE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SE filings on SEC EDGAR → Not investment advice.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 22.9B YoY+36.4% | 16.8B YoY+28.8% | 13.1B YoY+4.9% | 12.4B YoY+25.1% | 9.96B YoY+127.5% | |
10.2B YoY+42.2% | 7.21B YoY+23.5% | 5.83B YoY+12.5% | 5.19B YoY+33.1% | 3.90B YoY+188.8% | ||
8.26B YoY+26.2% | 6.54B YoY+16.7% | 5.61B YoY-15.9% | 6.67B YoY+21.8% | 5.48B YoY+106.6% | ||
| Operating income | 1.99B YoY+199.8% | 662M YoY+194.6% | 225M YoY+115.1% | -1.49B YoY+6.0% | -1.58B YoY-21.5% | |
| Interest expense | 33.6M YoY-12.3% | 38.3M YoY-6.7% | 41.1M YoY-9.5% | 45.4M YoY-66.8% | 137M YoY+10.5% | |
| Interest & investment income | 331M YoY-9.5% | 366M YoY+10.4% | 331M YoY+186.8% | 116M YoY+220.1% | 36.1M YoY+45.5% | |
| Other non-operating income | 296M YoY+153.4% | 117M YoY-43.8% | 208M YoY+1694.0% | -13.0M YoY+90.1% | -132M YoY+26.6% | |
| Equity-method income | -18.9M YoY-92.9% | -9.79M YoY-39.2% | -7.03M YoY-163.0% | 11.2M YoY+122.3% | 5.02M YoY+596.1% | |
| Gain (loss) on equity securities | — | — | — | — | -30.4M YoY-26.1% | |
| Pre-tax income | 2.28B YoY+192.9% | 779M YoY+80.1% | 432M YoY+128.8% | -1.50B YoY+12.5% | -1.72B YoY-15.6% | |
| Income tax | 651M YoY+102.7% | 321M YoY+22.3% | 263M YoY+56.0% | 168M YoY-49.4% | 333M YoY+135.0% | |
1.58B YoY+255.2% | 444M YoY+194.8% | 151M YoY+109.1% | -1.65B YoY+19.3% | -2.05B YoY-26.5% | ||
$2.52 YoY+240.5% | $0.74 YoY+196.0% | $0.25 YoY+108.4% | -$2.96 YoY+22.9% | -$3.84 YoY-13.3% | ||
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
23.2B YoY+37.9% | 16.9B YoY+43.2% | 11.8B YoY-7.2% | 12.7B YoY-16.2% | 15.1B YoY+69.3% | ||
29.4B YoY+29.8% | 22.6B YoY+19.8% | 18.9B YoY+11.1% | 17.0B YoY-9.3% | 18.8B YoY+79.4% | ||
14.7B YoY+30.0% | 11.3B YoY+38.3% | 8.17B YoY+17.8% | 6.94B YoY-3.4% | 7.18B YoY+54.8% | ||
16.7B YoY+18.2% | 14.1B YoY+16.1% | 12.2B YoY+8.9% | 11.2B YoY-1.2% | 11.3B YoY+61.1% | ||
12.5B YoY+49.6% | 8.37B YoY+27.0% | 6.59B YoY+15.4% | 5.72B YoY-22.7% | 7.40B YoY+118.7% | ||
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
5.02B YoY+53.3% | 3.28B YoY+57.6% | 2.08B YoY+297.0% | -1.06B YoY-606.0% | 209M YoY-62.5% | ||
-4.41B YoY+12.5% | -5.04B YoY+13.2% | -5.80B YoY-139.0% | -2.43B YoY+35.5% | -3.77B YoY-324.8% | ||
1.62B YoY-3.6% | 1.68B YoY+360.2% | 366M YoY-8.6% | 400M YoY-94.6% | 7.40B YoY+98.3% | ||
| FX effect on cash | 98.8M YoY+218.9% | -83.1M YoY-943.9% | -7.96M YoY+94.5% | -144M YoY-146.5% | -58.2M YoY-172.1% | |
| Net change in cash | 2.34B YoY+1542.5% | -162M YoY+95.2% | -3.37B YoY-4.3% | -3.23B YoY-185.3% | 3.78B YoY+8.7% | |
| Interest paid | 170M YoY+17.6% | 145M YoY+21.1% | 119M YoY+15.6% | 103M YoY+129.7% | 45.0M YoY+7.1% | |
| Income taxes paid | 591M YoY+14.7% | 515M YoY+61.6% | 319M YoY+1.6% | 314M YoY+51.3% | 207M YoY+43.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 77.9B YoY+21.5% | 64.2B YoY+183.8% | 22.6B YoY-18.4% | 27.7B YoY-76.7% | 119B YoY+25.4% | |
| P/E | 49.4× YoY-65.8% | 144.4× | — | — | — | |
| P/S | 3.4× YoY-10.9% | 3.8× YoY+110.1% | 1.8× YoY-34.8% | 2.8× YoY-76.7% | 12.0× YoY-44.9% | |
| P/B | 6.2× YoY-18.8% | 7.7× YoY+93.8% | 4.0× YoY+5.6% | 3.7× YoY-76.7% | 16.1× YoY-42.6% | |
| P/FCF | 17.3× YoY-20.3% | 21.7× | — | — | — | |
2.0% YoY+192.3% | 0.69% | — | — | — | ||
5.8% YoY+25.5% | 4.6% | — | — | — | ||
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
