Sea Ltd
SE · XNYSCIK 1703399fmd_0Z9D7ANCCE28747D37QD0QPX7TServices · Services-Miscellaneous Business ServicesTemplate: Standard
Coverage: Jan 01, 2015 to Dec 31, 2025, 15 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 346 | 414 | 827 | 2,175 | 4,376 | 9,955 | 12,450 | 13,064 | 16,820 | 22,938 |
| Cost of revenue | 233 | 327 | 812 | 1,570 | 3,027 | 6,059 | 7,264 | 7,230 | 9,615 | 12,695 |
| Gross profit | 113 | 87 | 15 | 605 | 1,349 | 3,896 | 5,185 | 5,834 | 7,205 | 10,244 |
| Realized investment gains (losses) | 9 | 34 | 9 | 12 | (18) | (44) | (207) | (126) | (250) | (43) |
| Provision for credit losses | – | – | – | – | 51 | 115 | 494 | 628 | 765 | 1,379 |
| Research and development | 21 | 29 | 68 | 157 | 354 | 832 | 1,377 | 1,164 | 1,206 | 1,157 |
| Selling, general and administrative | 300 | 564 | 946 | 1,355 | 2,431 | 4,818 | 4,707 | 3,914 | 4,740 | 5,850 |
| Total operating expenses | 318 | 590 | 1,004 | 1,496 | 2,652 | 5,479 | 6,673 | 5,609 | 6,543 | 8,258 |
| Operating income | (205) | (502) | (989) | (891) | (1,303) | (1,583) | (1,488) | 225 | 662 | 1,985 |
| Interest expense | 0 | 27 | 31 | 48 | 124 | 137 | 45 | 41 | 38 | 34 |
| Interest and investment income | 1 | 3 | 12 | 34 | 25 | 36 | 116 | 331 | 366 | 331 |
| Other non-operating income (expense) | 9 | (46) | 35 | (477) | (180) | (132) | (13) | 208 | 117 | 296 |
| Income before taxes | (197) | (549) | (954) | (1,369) | (1,483) | (1,715) | (1,501) | 432 | 779 | 2,281 |
| Income tax expense | 9 | 11 | 4 | 86 | 142 | 333 | 168 | 263 | 321 | 651 |
| Net income from continuing operations | (205) | (559) | (958) | (1,454) | (1,625) | (2,048) | (1,669) | 170 | 458 | 1,630 |
| Net income | (223) | (560) | (961) | (1,463) | (1,618) | (2,047) | (1,651) | 151 | 444 | 1,578 |
| Net income to common shareholders | – | – | – | – | – | – | (1,651) | 151 | 446 | 1,610 |