The financials
Sea Limited by the numbers
Sea Limited (SE) reported revenue of $5.91B in H2 2021 (quarter ended December 31, 2021), up 270% from the same quarter a year earlier. That came with a gross margin of 39% and net loss of $1.19B. For the full year FY2025, revenue was $19.6B (+33% year on year) and net income $1.58B.
| Income statement | H2 2021 | H1 2020 | Change |
|---|---|---|---|
| Revenue | $5.91B | $1.60B | +270% |
| Gross profit | $2.32B | $408M | +469% |
| Operating income | −$901M | −$641M | n/a |
| Net income | −$1.19B | −$674M | n/a |
| Diluted EPS | −$2.19 | −$1.45 | n/a |
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