Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hy...
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share's revenue increased 36.4% year over year, from $16.82B to $22.94B.
Net income increased 255.2% over the same period, from $444.3M to $1.58B.
Over the 4-year period from FY2021 to FY2025, revenue grew by 130% in total.
Total debt increased by 22.2% to $4.13B.
The debt-to-equity ratio stands at 0.32, indicating a moderate leverage profile.
Operating cash flow grew 3.8% to $5.22B.
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share maintains a moderate net profit margin of 6.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $9.96B | $-2.05B | $3.90B | $-1.58B | $-1.06B | $17.00B | $4.50B | $5.81B |
| FY2022 | $12.45B+25.1% | $-1.65B | $5.19B | $-1.13B | $2.08B | $18.88B | $4.46B | $6.70B |
| FY2023 | $13.06B+4.9% | $150.7M | $5.83B | $342.7M | $3.28B | $22.63B | $4.12B | $8.48B |
| FY2024 | $16.82B+28.8% | $444.3M | $7.21B | $662.2M | $5.02B | $29.37B | $3.38B | $12.65B |
| FY2025 | $22.94B+36.4% | $1.58B | $10.24B | $1.99B | $5.22B | $32.01B | $4.13B | $13.05B |
Balance Sheet Summary (FY2025)
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) Financial Statements & Revenue History
Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) is a US-listed stock operating in the Consumer Cyclical sector trading at $93.34 with a market capitalization of $57. This page provides 5 historical financial statements for Sea Limited American Depositary Shares, each representing one Class A Ordinary Share, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Sea Limited American Depositary Shares, each representing one Class A Ordinary Share reported revenue of $22.9 billion, representing 36.4% year-over-year growth. The net profit margin of 6.9% indicates moderate profitability. The debt-to-equity ratio of 0.32 shows conservative leverage.
SE Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Sea Limited American Depositary Shares, each representing one Class A Ordinary Share's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether SE is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track SE's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Sea Limited American Depositary Shares, each representing one Class A Ordinary Share converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of SE's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use SE Financial Data
Investors use Sea Limited American Depositary Shares, each representing one Class A Ordinary Share's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare SE's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how SE's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View SE's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Sea Limited American Depositary Shares, each representing one Class A Ordinary Share's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.SE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

