Sea Ltd
NYSE:SE

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Sea Ltd
NYSE:SE
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Price: 113.06 USD -2.81% Market Closed
Market Cap: 64.9B USD
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Income Statement

Earnings Waterfall
Sea Ltd

Revenue
15.5B USD
Cost of Revenue
-9B USD
Gross Profit
6.5B USD
Operating Expenses
-6.2B USD
Operating Income
299.9m USD
Other Expenses
-202.6m USD
Net Income
97.3m USD

Income Statement
Sea Ltd

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Income Statement
Currency: USD
Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
275
N/A
286
+4%
290
+1%
414
+43%
475
+15%
558
+17%
668
+20%
827
+24%
1 024
+24%
1 276
+25%
1 681
+32%
2 175
+29%
2 538
+17%
2 984
+18%
3 586
+20%
4 376
+22%
5 424
+24%
6 823
+26%
8 300
+22%
9 955
+20%
11 091
+11%
11 753
+6%
12 220
+4%
12 450
+2%
12 591
+1%
12 744
+1%
12 899
+1%
13 064
+1%
13 757
+5%
14 468
+5%
15 486
+7%
Gross Profit
Cost of Revenue
(181)
(201)
(226)
(327)
(407)
(506)
(622)
(812)
(978)
(1 142)
(1 349)
(1 570)
(1 766)
(2 109)
(2 506)
(3 027)
(3 637)
(4 305)
(5 181)
(6 059)
(6 671)
(7 174)
(7 422)
(7 264)
(7 159)
(6 952)
(6 892)
(7 230)
(7 786)
(8 363)
(8 962)
Gross Profit
93
N/A
85
-9%
64
-25%
87
+37%
69
-21%
51
-25%
46
-10%
15
-68%
46
+205%
135
+194%
332
+147%
605
+82%
772
+28%
876
+13%
1 080
+23%
1 349
+25%
1 788
+33%
2 518
+41%
3 119
+24%
3 896
+25%
4 420
+13%
4 580
+4%
4 799
+5%
5 185
+8%
5 432
+5%
5 793
+7%
6 006
+4%
5 834
-3%
5 971
+2%
6 105
+2%
6 524
+7%
Operating Income
Operating Expenses
(251)
(288)
(375)
(590)
(701)
(821)
(901)
(1 004)
(1 076)
(1 180)
(1 318)
(1 497)
(1 692)
(1 934)
(2 256)
(2 646)
(3 172)
(3 863)
(4 617)
(5 479)
(6 153)
(6 638)
(6 894)
(6 319)
(5 823)
(5 241)
(5 086)
(5 491)
(5 800)
(6 135)
(6 225)
Selling, General & Administrative
(233)
(266)
(352)
(553)
(669)
(787)
(859)
(923)
(1 003)
(1 085)
(1 199)
(1 321)
(1 517)
(1 749)
(2 066)
(2 436)
(2 981)
(3 614)
(4 251)
(4 863)
(5 409)
(5 694)
(5 758)
(5 092)
(4 730)
(4 222)
(4 189)
(4 445)
(4 859)
(5 163)
(5 226)
Research & Development
(17)
(18)
(20)
(29)
(34)
(40)
(50)
(67)
(85)
(108)
(134)
(155)
(191)
(232)
(292)
(350)
(430)
(528)
(655)
(823)
(1 031)
(1 229)
(1 419)
(1 361)
(1 357)
(1 269)
(1 129)
(1 152)
(1 148)
(1 163)
(1 185)
Depreciation & Amortization
(4)
(4)
0
(11)
0
0
0
(24)
0
0
0
(37)
(21)
0
0
(50)
0
0
0
(81)
0
0
0
(143)
0
0
0
(115)
0
0
0
Other Operating Expenses
2
1
(3)
3
2
6
8
10
13
13
14
16
38
47
102
190
239
279
288
288
287
286
283
279
264
250
231
221
207
192
186
Operating Income
(158)
N/A
(203)
-29%
(311)
-53%
(502)
-61%
(632)
-26%
(769)
-22%
(855)
-11%
(989)
-16%
(1 030)
-4%
(1 045)
-1%
(986)
+6%
(891)
+10%
(920)
-3%
(1 058)
-15%
(1 176)
-11%
(1 298)
-10%
(1 384)
-7%
(1 345)
+3%
(1 498)
-11%
(1 583)
-6%
(1 733)
-9%
(2 058)
-19%
(2 095)
-2%
(1 133)
+46%
(391)
+65%
552
N/A
920
+67%
343
-63%
171
-50%
(30)
N/A
300
N/A
Pre-Tax Income
Interest Income Expense
(9)
(14)
16
(46)
(62)
(86)
(80)
35
(390)
(388)
(409)
(477)
(23)
13
(71)
(156)
(215)
(247)
(186)
(130)
(115)
(123)
(119)
(213)
(184)
(44)
11
169
102
46
47
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(30)
0
0
0
(2)
0
(177)
(177)
(155)
(273)
(96)
(96)
(79)
66
71
73
Pre-Tax Income
(166)
N/A
(217)
-31%
(295)
-36%
(549)
-86%
(694)
-26%
(855)
-23%
(935)
-9%
(954)
-2%
(1 420)
-49%
(1 433)
-1%
(1 395)
+3%
(1 369)
+2%
(943)
+31%
(1 045)
-11%
(1 247)
-19%
(1 483)
-19%
(1 599)
-8%
(1 592)
+0%
(1 684)
-6%
(1 715)
-2%
(1 848)
-8%
(2 358)
-28%
(2 392)
-1%
(1 501)
+37%
(849)
+43%
412
N/A
835
+103%
432
-48%
338
-22%
86
-75%
420
+388%
Net Income
Tax Provision
(10)
(8)
(2)
(11)
(8)
(6)
(10)
(4)
(12)
(28)
(53)
(86)
(102)
(114)
(133)
(142)
(169)
(217)
(271)
(333)
(364)
(353)
(318)
(168)
(149)
(146)
(142)
(263)
(280)
(278)
(309)
Income from Continuing Operations
(176)
(225)
(297)
(559)
(703)
(861)
(945)
(958)
(1 432)
(1 461)
(1 448)
(1 454)
(1 045)
(1 159)
(1 380)
(1 625)
(1 768)
(1 809)
(1 955)
(2 048)
(2 211)
(2 711)
(2 709)
(1 669)
(997)
266
693
170
59
(192)
111
Income to Minority Interest
1
1
0
1
1
1
1
0
(2)
(3)
(4)
(5)
(5)
(4)
3
6
6
6
(1)
(4)
(3)
(5)
1
6
7
(1)
(10)
(12)
(13)
(2)
(1)
Equity Earnings Affiliates
(12)
(6)
(1)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(4)
(3)
(4)
(3)
(1)
1
2
4
4
5
10
13
12
11
7
6
4
(7)
(6)
(7)
(12)
Net Income (Common)
(186)
N/A
(230)
-23%
(298)
-29%
(560)
-88%
(703)
-26%
(862)
-23%
(947)
-10%
(961)
-1%
(1 436)
-49%
(1 466)
-2%
(1 456)
+1%
(1 463)
-1%
(1 054)
+28%
(1 166)
-11%
(1 378)
-18%
(1 618)
-17%
(1 759)
-9%
(1 800)
-2%
(1 953)
-9%
(2 047)
-5%
(2 204)
-8%
(2 704)
-23%
(2 696)
+0%
(1 651)
+39%
(984)
+40%
271
N/A
687
+153%
151
-78%
39
-74%
(201)
N/A
97
N/A
EPS (Diluted)
-0.57
N/A
-0.7
-23%
-0.91
-30%
-1.67
-84%
-2.09
-25%
-2.57
-23%
-2.78
-8%
-2.84
-2%
-3.87
-36%
-3.22
+17%
-3.16
+2%
-3.35
-6%
-2.3
+31%
-2.49
-8%
-2.83
-14%
-3.39
-20%
-3.41
-1%
-3.43
-1%
-3.01
+12%
-3.84
-28%
-3.95
-3%
-4.86
-23%
-4.82
+1%
-2.96
+39%
-1.64
+45%
0.44
N/A
1.19
+170%
0.25
-79%
0.06
-76%
-0.31
N/A
0.14
N/A

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