To the full analysis
Sea stock: growth
SESea reported $22.94B in revenue for fiscal 2025, up 36.4% on the prior year, up 39.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
57%
per year from 2014 to 2025, per share 48.6%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2014 | |
|---|---|---|---|
| Revenue | 39.3% | 54.7% | 57.0% |
| Revenue per share | 33.3% | 45.6% | 48.6% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | 83.1% | no data | no data |
| Free cash flow per share | 75.2% | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2014 | $160.76M | −$88.38M | −$39.14M |
| 2015 | $292.12M | −$103.37M | −$101.77M |
| 2016 | $345.67M | −$222.87M | −$139.27M |
| 2017 | $414.19M | −$560.49M | −$413.98M |
| 2018 | $826.97M | −$961.24M | −$673.71M |
| 2019 | $2.18B | −$1.46B | −$177.23M |
| 2020 | $4.38B | −$1.62B | $219.59M |
| 2021 | $9.96B | −$2.05B | −$598.53M |
| 2022 | $12.45B | −$1.65B | −$2.03B |
| 2023 | $13.06B | $150.73M | $1.82B |
| 2024 | $16.82B | $444.32M | $2.96B |
| 2025 | $22.94B | $1.58B | $4.51B |
Revenue by segment
How Sea Limited makes its money and how that has shifted. Names are as the company reports them.
- E-Commerce (Shopee)$16.6B72%
- Digital Financial Services (Monee)$3.8B17%
- Digital Entertainment (Garena)$2.4B11%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| E-Commerce (Shopee) | $16.56B | 72.2% |
| Digital Financial Services (Monee) | $3.79B | 16.5% |
| Digital Entertainment (Garena) | $2.41B | 10.5% |
| Total revenue | $22.94B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 18 Apr 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.