Saturday 17 October 2026 Export SE’s income statement to Excel — free account

Sea Limited Sponsored ADR

Sea Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $22.9 billion, up 36.4% from fiscal 2024. In the quarter to June 2026, revenue grew 48.1%, EPS grew 5.88%, free cash flow fell 6.79% and total debt fell 29.9%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

93.77 3.73 −3.83%

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Market cap: $55.3B
P/E: 34.6×
Fwd P/E: 28.5×
Dividend yield: —
F-score: 8/9
Altman Z: 3.76
Beneish M: −2.86
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 538.11

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	16	41	32	17	24	42	22	6

Insider Ownership 12.03%

Capital & Financial Ratios $m

Market Cap 55,280.00

Revenue 27,723.16

Net Income 1,610.89

Free Cash Flow 5,215.74

Net Debt (10,284.32)

Current Ratio 1.49

Debt/Equity 0.09

P/E ratio 34.60

Fwd P/E 28.50

P/S ratio 2.15

P/B ratio 4.57

Past 5Y EPS Growth —

This Y EPS Growth 4.30%

Next Y EPS Growth 29.02%

Next Y revenue growth 35.88%

Next 5Y EPS Growth 18.72%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 15.29%

10-year low 10-year high

P/S against its own 10 years 8.46%

10-year low 10-year high

P/B against its own 10 years 10.71%

10-year low 10-year high

EV/Sales against its own 10 years 9.47%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2017	0.44	0.44
2016	1.62	0.41 0.41 0.41 0.41

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	6,769	10,276	12,789	11,509
Receivables	553	725	853	895
Inventory	125	143	223	273
Other	—	—	—	—
	11,774	16,858	23,249	24,053

	2023	2024	2025	Q'26
Payables	343	350	468	470
ST’ Debt	147	131	283	316
Other	2,199	2,498	3,097	3,330
	8,169	11,296	14,681	16,094

Compound Annual Growth %

	10y	5y	3y
Sales	54.70%	39.28%	22.59%
Cash Flow	0.00%	55.32%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	67.29%	29.90%	29.60%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	7,097	7,788	—	—	—
’25	4,841	5,259	5,986	6,852	22,938
’24	3,734	3,807	4,328	4,950	16,820
’23	3,041	3,096	3,310	3,617	13,064
’22	2,900	2,943	3,156	3,452	12,450
’21	1,764	2,281	2,689	3,222	9,955
’20	715	882	1,212	1,567	4,376

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,058	1,506	—	—	—
’25	757	1,616	1,175	1,476	5,025
’24	468	618	1,170	1,021	3,277
’23	606	595	600	279	2,080
’22	(724)	(485)	1,208	(1,054)	(1,056)
’21	318	132	63	(305)	209
’20	(63)	138	296	185	556

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	1,058	1,506	—	—	—
’25	757	1,616	1,175	955	4,503
’24	468	618	1,170	706	2,962
’23	606	595	600	82	1,883
’22	(724)	(485)	1,208	(1,911)	(1,912)
’21	318	(124)	63	(1,111)	(598)
’20	(113)	27	296	(170)	201

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.67	0.70	—	—	—
’25	0.65	0.65	0.59	0.63	2.52
’24	(0.04)	0.14	0.24	0.39	0.74
’23	0.15	0.54	(0.26)	(0.19)	0.25
’22	(1.04)	(1.67)	(1.02)	0.72	(2.96)
’21	(0.82)	(0.83)	(1.06)	(1.12)	(3.84)
’20	(0.61)	(0.84)	(0.69)	(1.06)	(3.39)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	10.79	10.06	10.68	35.61	189.61	40.67	34.87	34.35	99.50	Analyst estimates 2026–2028 Powerpack
	High	—	16.99	17.19	40.63	212.33	372.70	231.21	88.84	119.47	199.30
People
People	Employees	5,400	10,200	22,600	29,800	33,800	67,300	63,800	62,700	80,700	102,700
	Revenue/emp, $m	0.06	0.04	0.04	0.07	0.13	0.15	0.20	0.21	0.21	0.22
Income, $m
Income, $m	Revenue	346	414	827	2,175	4,376	9,955	12,450	13,064	16,820	22,938
	Gross margin, %	32.71	21.08	1.78	27.81	30.83	39.13	41.65	44.66	42.84	44.66
	EBT	(197)	(549)	(954)	(1,369)	(1,483)	(1,715)	(1,501)	432	779	2,281
	EBT margin, %	(56.96)	(132.43)	(115.35)	(62.91)	(33.90)	(17.23)	(12.05)	3.31	4.63	9.94
	Net income	(225)	(561)	(961)	(1,458)	(1,624)	(2,043)	(1,658)	163	448	1,611
	Depreciation	40	41	93	155	269	379	436	396	286	266
Per share, $
Per share, $	Revenue	2.02	2.01	2.44	4.98	9.17	18.69	22.31	23.06	29.25	38.55
	Earnings	(1.31)	(2.72)	(2.84)	(3.35)	(3.39)	(3.84)	(2.96)	0.27	0.77	2.65
	Cash flow	(0.67)	(1.26)	(1.46)	0.16	1.16	0.39	(1.89)	3.67	5.70	8.44
	Capex	(0.14)	(0.39)	(0.52)	(0.56)	(0.74)	(1.51)	(1.53)	(0.35)	(0.55)	(0.88)
	Free cash flow	(0.81)	(1.65)	(1.99)	(0.40)	0.42	(1.12)	(3.43)	3.32	5.15	7.57
	Book value	(0.73)	2.31	(0.71)	2.69	7.17	13.94	10.41	11.82	14.74	21.26
	Shares, m	171	206	338	437	477	533	558	567	575	595
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	137.32	137.79	48.14
	P/S	7.53	6.46	4.63	9.50	21.71	11.97	2.38	1.67	3.63	3.31
	P/B	0.00	5.63	0.00	14.97	27.78	16.05	5.09	3.25	7.20	6.00
	EV/Sales	7.59	4.70	4.40	8.26	20.51	11.15	1.97	1.40	3.13	2.79
	EV/FCF	(13.56)	(7.50)	(4.66)	(34.56)	(9,152.93)	(84.08)	(7.37)	(509.64)	47.68	20.39
Cash, $m
Cash, $m	Operating cash flow	(115)	(259)	(495)	70	556	209	(1,056)	2,080	3,277	5,025
	Capex	(24)	(79)	(178)	(246)	(355)	(807)	(856)	(196)	(315)	(522)
	Free cash flow	(139)	(339)	(673)	(176)	201	(598)	(1,912)	1,883	2,962	4,503
Balance, $m
Balance, $m	Working capital	46	1,083	524	2,048	4,303	7,959	5,752	3,605	5,562	8,569
	Total debt	2	729	1,064	1,358	1,915	3,576	3,427	3,216	1,859	794
	Net debt	(187)	(732)	(194)	(2,298)	(5,237)	(8,135)	(5,017)	(3,553)	(8,417)	(11,995)
	Shareholders’ equity	(126)	475	(239)	1,173	3,420	7,424	5,811	6,698	8,478	12,648
Returns, %
Returns, %	ROA	(48.68)	(45.31)	(45.98)	(39.45)	(20.64)	(14.01)	(9.24)	0.84	2.14	6.07
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	(117.05)	4.47	681.80	190.02
	ROE	857.97	(320.75)	(815.73)	(313.50)	(70.46)	(37.75)	(24.95)	2.41	5.86	14.94

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PDD PDD Holdings Inc. Sponsored ADR	$117.3B	8.4×	9.1×	+14.08% (above 0%: growing)	−7.17% (below 0%: shrinking)	+25.39% (above 0%: growing)	57.26%	24.71%	Compare
MELI MercadoLibre, Inc.	$94.1B	49.9×	39.6×	+49.76% (above 0%: growing)	−10.86% (below 0%: shrinking)	+22.47% (above 0%: growing)	40.90%	6.72%	Compare
DASH DoorDash, Inc.	$83.7B	97.5×	61.1×	+35.63% (above 0%: growing)	−31.34% (below 0%: shrinking)	+109.01% (above 0%: growing)	52.69%	3.50%	Compare
SE Sea Limited Sponsored ADR	$55.3B	34.6×	28.5×	+48.07% (above 0%: growing)	+5.88% (above 0%: growing)	−6.79% (below 0%: shrinking)	45.58%	8.35%
EBAY eBay Inc.	$54.7B	24.3×	24.0×	+14.80% (above 0%: growing)	+55.00% (above 0%: growing)	+168.03% (above 0%: growing)	73.45%	21.57%	Compare
JD JD.com, Inc.	$32.9B	17.3×	10.9×	+2.54% (above 0%: growing)	+27.87% (above 0%: growing)	+64.77% (above 0%: growing)	17.12%	1.31%	Compare
CPNG Coupang, Inc.	$26.6B	— (loss-making)	— (loss-making)	+3.89% (above 0%: growing)	n/m	−79.35% (below 0%: shrinking)	28.16%	(6.28%)	Compare
W Wayfair Inc.	$15.3B	— (loss-making)	— (loss-making)	+7.52% (above 0%: growing)	n/m	+28.46% (above 0%: growing)	29.95%	2.96%	Compare
CART Maplebear Inc.	$11.8B	26.2×	17.0×	+14.11% (above 0%: growing)	+6.98% (above 0%: growing)	+157.22% (above 0%: growing)	72.00%	13.81%	Compare
Median of peers	$43.8B	25.3×	20.5×	+14.10%	−0.09%	+46.62%	46.80%	5.11%

All 42 Internet Retail stocks →

Sea Limited Sponsored ADR (SE) key facts

Strength: Sea Limited Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $22.9 billion, up 36.4% from fiscal 2024.
Sea Limited Sponsored ADR (SE) is an Internet Retail company in the Consumer Cyclical sector, traded in the US as an ADR.
As of October 16, 2026, SE traded at $93.77, a market capitalization of $55.3 billion.
Return on equity was 14.9% and debt-to-equity 0.09.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 3.76 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.