SE - Earnings announcements

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2026. In the first quarter of 2026, Sea's GAAP revenue was US$7.1 billion, up 46.6% year-on-year. The Company also achieved gross profit of US$3.1 billion, up 40.7% year-on-year, and net income of US$438.2 million, up 6.7% year-on-year. Adjusted EBITDA1 increased by 9.3% year-on-year to reach US$1.0 billion. "We have had a strong start to the year. 2026 is a year where we are leaning in to deepen our competitive moats, while maintaining financial discipline. Our strong revenue growth reflects the effectiveness of these investments, and we are already seeing unit eco

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2026 results before the U.S. market opens on May 12, 2026, U.S. Eastern Time. The Company's management will host a conference call to discuss the first quarter 2026 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on May 12, 2026 7:30 PM Singapore / Hong Kong Time on May 12, 2026   Webcast link: https://events.q4inc.com/attendee/902549222   A replay of the conference call will be available at the Company's investor relations website (www.sea.

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2025. In the fourth quarter of 2025, Sea's GAAP revenue was US$6.9 billion, up 38.4% year-on-year. The Company also achieved gross profit of US$3.0 billion, up 36.0% year-on-year, and net income of US$410.9 million, up 72.9% year-on-year. Adjusted EBITDA1 increased by 33.2% year-on-year to reach US$787.1 million. For the full year of 2025, Sea's GAAP revenue was US$22.9 billion, up 36.4% year-on-year, with gross profit growing 42.2% year-on-year to US$10.2 billion. Net income reached US$1.6 billion, as compared to net income of US$447.8 million for

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2025 results before the U.S. market opens on March 3, 2026, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2025 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on March 3, 2026 8:30 PM Singapore / Hong Kong Time on March 3, 2026   Webcast link: https://events.q4inc.com/attendee/139022136 A replay of the conference call will be available at the Company's investo

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2025. "After a very strong first half of the year, our momentum has continued into the third quarter. Our focus remains the same: continuing to deliver high and profitable growth across all three of our businesses. With e-commerce and digital finance penetration in our markets still low but increasing, strong growth lays the best foundation to maximize our long-term profitability," said Forrest Li, Sea's Chairman and Chief Executive Officer. On e-commerce, he said, "Shopee delivered another record-setting quarter, achieving new highs in quarterly GMV, gross orde

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2025 results before the U.S. market opens on November 11, 2025, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2025 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on November 11, 2025 8:30 PM Singapore / Hong Kong Time on November 11, 2025   Webcast link: https://events.q4inc.com/attendee/618885525   A replay of the conference call will be available at the Company's investor relations we

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2025. "The momentum from our strong start to 2025 has continued into the second quarter. All three of our businesses have delivered robust, healthy growth, giving us greater confidence of delivering another great year," said Forrest Li, Sea's Chairman and Chief Executive Officer. "Given the high potential of our markets and the stage we are at in our business now, we will continue to prioritize growth, which will pave the way for us to maximize our long-term profitability. At the same time, our company has reached a stage where we can pursue growth opportunities while

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2025 results before the U.S. market opens on August 12, 2025, U.S. Eastern Time. The Company's management will host a conference call to discuss the second quarter 2025 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on August 12, 2025 7:30 PM Singapore / Hong Kong Time on August 12, 2025   Webcast link: https://events.q4inc.com/attendee/970786029 A replay of the conference call will be available at the Company's investor relations website (www.

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2025. "We have delivered another great quarter of strong growth with improving profitability across all three businesses. Our strong start to the year gives us more confidence of achieving our full-year guidance." said Forrest Li, Sea's Chairman and Chief Executive Officer. On e-commerce, he said, "Shopee has delivered a record-high GMV and gross order volume in the first quarter. We sustained market leadership with improved profitability across both Asia and Brazil. Our strong execution of our operational priorities – enhancing price competitiveness, improving servic

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2025 results before the U.S. market opens on May 13, 2025, U.S. Eastern Time. The Company's management will host a conference call to discuss the first quarter 2025 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on May 13, 2025 7:30 PM Singapore / Hong Kong Time on May 13, 2025   Webcast link: https://events.q4inc.com/attendee/514818182 A replay of the conference call will be available at the Company's investor relations website (www.sea.com/investor/home). A

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2024. "We delivered a great 2024 with all three businesses going back to strong, double-digit growth, exceeding our original guidance. It was also our second consecutive year of annual positive profit, with all three of our businesses recording positive adjusted EBITDA," said Forrest Li, Sea's Chairman and Chief Executive Officer. On e-commerce, he said, "GMV grew 28% year-on-year to surpass US$100 billion, and we achieved adjusted EBITDA profitability in both Asia and Brazil. We remain confident about our ability to continue delivering profitable gr

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2024 results before the U.S. market opens on March 4, 2025, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on March 4, 2025 8:30 PM Singapore / Hong Kong Time on March 4, 2025   Webcast link: https://events.q4inc.com/attendee/769111006 A replay of the conference call will be available at the Company's investor relations websi

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2024. "I'm happy to report that it has been another solid quarter. We are seeing high growth across all our three businesses," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the growth of our three businesses, he said, "Shopee is on track to deliver our full year guidance of mid-twenties year-on-year GMV growth. SeaMoney's loan book grew by over 70% year-on-year this quarter, while maintaining a stable NPL ratio. And for Garena, we now expect Free Fire's full year bookings to grow over 30% year-on-year." On profitability, Mr. Li said

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2024 results before the U.S. market opens on November 12, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time:       7:30 AM U.S. Eastern Time on November 12, 2024 8:30 PM Singapore / Hong Kong Time on November 12, 2024         Webcast link:       https://events.q4inc.com/attendee/114734356 A replay of the conference call will be available at the Company's investor relations website

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2024. "I'm happy to report that it has been a solid quarter for us, with our strong momentum from Q1 continuing into Q2. All three of our businesses have shown both strong growth and higher profitability," said Forrest Li, Sea's Chairman and Chief Executive Officer. On Shopee's 2024 outlook, he said, "With the strong results delivered in the first half and our outlook for the rest of the year, we expect that Shopee will become adjusted EBITDA positive from the third quarter. We are also revising up our guidance for Shopee's 2024 full year GMV growth to mid-20%." O

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2024 results before the U.S. market opens on August 13, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the second quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on August 13, 2024 7:30 PM Singapore / Hong Kong Time on August 13, 2024   Webcast link: https://events.q4inc.com/attendee/415790387  A replay of the conference call will be available at the Company's investor relations website (www

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2024. "I am pleased to share that we are kicking off 2024 with a strong quarter. All our three businesses have delivered strong growth with an improved profit profile," said Forrest Li, Sea's Chairman and Chief Executive Officer. Referring to the macro environment challenges in the past few years, he said, "Going through this period has made us leaner, fitter, and savvier. We are now much more confident of our ability to weather headwinds well, and adapt quickly to changing environments." On the e-commerce front, Mr Li said, "Shopee delivered strong growth this quar

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2024 results before the U.S. market opens on May 14, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the first quarter 2024 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on May 14, 2024 7:30 PM Singapore / Hong Kong Time on May 14, 2024   Webcast link: https://events.q4inc.com/attendee/321830000  A replay of the conference call will be available at the Company's investor relations website (www.sea.com/in

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2023. "I am happy to share that we have achieved our first full year of annual profit since our IPO," said Forrest Li, Sea's Chairman and Chief Executive Officer. "In 2023, we achieved profitability, strengthened our market leadership for our e-commerce business, grew our digital financial services business, and stabilized the performance of our digital entertainment business. We have emerged with a much stronger balance sheet with our cash position increasing to 8.5 billion dollars as of the end of 2023, demonstrating the discipline and prudence we

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2023 results before the U.S. market opens on March 4, 2024, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2023 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on March 4, 2024 8:30 PM Singapore / Hong Kong Time on March 4, 2024 Webcast link: https://events.q4inc.com/attendee/352581999 A replay of the conference call will be available at the Company's investor rela

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2023. "Our strategy for e-commerce is driven by the principle that maximizing the long-term profitability of the business will generate the greatest returns to our shareholders in the long run," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "And maximizing long-term profitability requires scale and strong market leadership. To achieve this long-term objective, we look at three key operational factors: growth, current profitability, and market share gain." "In this current period, we will prioritize investing in the business to increase our m

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2023 results before the U.S. market opens on November 14, 2023, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2023 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on November 14, 2023 8:30 PM Singapore / Hong Kong Time on November 14, 2023 Webcast link: https://events.q4inc.com/attendee/547645719 A replay of the conference call will be available at the Company's investor relations website (w

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2023. "In the second quarter of 2023, we delivered strong results, building upon many of the key initiatives we shared previously," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "In the past couple of quarters, we have not only achieved self-sufficiency, but also demonstrated the profitability of our model and our ability to manage fast and significant shifts in operational focus as we see fit. Given this, we have strengthened our execution capabilities and increased the stickiness of our ecosystem. We believe we are now on firmer footing to bette

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2023 results before the U.S. market opens on August 15, 2023, U.S. Eastern Time. The Company's management will host a conference call to discuss the second quarter 2023 results. A live webcast of this conference call will be available on the Company's website. Details of the webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on August 15, 2023 7:30 PM Singapore / Hong Kong Time on August 15, 2023 Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=qkaSw13n A replay of the conference call will be available at the Company's investo

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2023. "The first quarter of 2023 was another strong quarter for us," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "The results for the quarter are a testament to our team's commitment and creativity. We have innovated to do more with fewer resources, while never losing sight of our commitment to our users, and never letting our service standards fall. Across our business, we have been focused on maximizing operational efficiency and improving user experiences. And we continued to make meaningful progress on both fronts." "We are also pleased wi

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2023 results before the U.S. market opens on May 16, 2023, U.S. Eastern Time. The Company's management will host a conference call to discuss the first quarter 2023 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time:   7:30 AM U.S. Eastern Time on May 16, 2023 7:30 PM Singapore / Hong Kong Time on May 16, 2023     Webcast link:   https://event.choruscall.com/mediaframe/webcast.html?webcastid=0aYlTRU2 Dial in numbers:   US Toll Free: 1-888-317-6003

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2022. "We are starting 2023 on a much stronger footing," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "Our decisive pivot to focus on efficiency and profitability since late last year is already driving meaningful bottom line improvements. We delivered positive total net income in the fourth quarter, demonstrating the strength and resilience of our underlying business model and the execution capabilities of our teams. As we continue this transition and maintain our focus on sustainable growth, our approach is to do less but do it

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2022 results before the U.S. market opens on March 7, 2023, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2022 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on March 7, 2023 8:30 PM Singapore / Hong Kong Time on March 7, 2023    Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=xHK3DVEZ Dial in numbers: US Toll Free

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2022. "Given the significant uncertainties in the macro environment, we have entirely shifted our mindset and focus from growth to achieving self-sufficiency and profitability as soon as possible, without relying on any external funding," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "We are adapting quickly to the changing climate. All our efforts are directed to ensure that Sea not only survives the macro storms but emerges stronger, more efficient, and more resilient – and as a long-term winner in our markets. This positions us to continue

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2022 results before the U.S. market opens on November 15, 2022, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2022 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on November 15, 2022 8:30 PM Singapore / Hong Kong Time on November 15, 2022   Webcast link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=69JIbsbL Dial in numbers: US Toll Free: 1-888-317-6003 Hong Ko

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2022. "Our solid results for the quarter reflect our continued progress in enhancing efficiency and strengthening our ecosystem," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "Shopee's unit economics improved significantly driven by gains in both monetization and efficiency across our markets, even as we sustained a healthy growth rate against tough comparisons. At Garena, we saw positive outcomes from our focus on user retention and efforts to bring more engaging experiences to our large global games community, with quarterly active users stable

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its second quarter 2022 results before the U.S. market opens on August 16, 2022, U.S. Eastern Time. The Company's management will host a conference call to discuss the second quarter 2022 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time:   7:30 AM U.S. Eastern Time on August 16, 2022 7:30 PM Singapore / Hong Kong Time on August 16, 2022   Webcast link:   https://event.choruscall.com/mediaframe/webcast.html?webcastid=ToMUCZDA Dial in numbers:   US Toll Free: 1-888-317-6003 Hong Kong:

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2022. "We recorded solid results across our business in the first quarter of 2022, despite challenging comparisons to the same period last year during heightened COVID-related restrictions. As a result, we are well on track to achieve our previously shared projections of profitability in our Asia markets, while continuing to scale our businesses and capture market share globally," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "Shopee and SeaMoney continued to enjoy operating leverage and efficiency gain as they scale and strengthen their market le

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its first quarter 2022 results before the U.S. market opens on May 17, 2022, U.S. Eastern Time. The Company's management will host a conference call to discuss the first quarter 2022 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on May 17, 2022 7:30 PM Singapore / Hong Kong Time on May 17, 2022   Webcast link: https://services.choruscall.com/mediaframe/webcast.html?webcastid=HsBL2mVc Dial in numbers: US Toll Free: 1-888-317-6003 Hong Kong: 800-963-976

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the fourth quarter and full year ended December 31, 2021. "In 2021, we continued to focus on sustainable growth and serving the fast growing and evolving demands and needs of our communities. With our growing scale, market leadership and strong cash balance, we believe we are well placed to increasingly leverage efficiencies across our ecosystem for growth and manage the levers of our business to reach profitability across more markets and segments in 2022 and beyond," said Forrest Li, Sea's Chairman and Group Chief Executive Officer. "We currently expect Shopee to achieve positive adjusted EBITDA bef

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its fourth quarter and full year 2021 results before the U.S. market opens on March 1, 2022, U.S. Eastern Time. The Company's management will host a conference call to discuss the fourth quarter and full year 2021 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time: 7:30 AM U.S. Eastern Time on March 1, 2022 8:30 PM Singapore / Hong Kong Time on March 1, 2022   Webcast link: https://services.choruscall.com/links/se220301.html Dial in numbers: US Toll Free: 1-888-317-6003 Hon

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Group Total GAAP revenue was US$2.7 billion, up 121.8% year-on-year. Total gross profit was US$1.0 billion, up 147.5% year-on-year. Total adjusted EBITDA1 was US$(165.5) million compared to US$120.4 million for the third quarter of 2020. Digital Entertainment Bookings2 were US$1.2 billion, up 29.2% year-on-year. Adjusted EBITDA1 was US$715.1 million, up 22.3% year-on-year. Adjusted EBITDA represented 58.6% of bookings for the third quarter of 2021, compared to 61.9% for the third quarter of 2020. GAAP reven

Sea Limited (NYSE:SE) ("Sea" or the "Company") plans to announce its third quarter 2021 results before the U.S. market opens on November 16, 2021, U.S. Eastern Time. The Company's management will host a conference call to discuss the third quarter 2021 results. A live webcast of this conference call will be available on the Company's website. Details of the conference call and webcast are as follows: Date and time:   7:30 AM U.S. Eastern Time on November 16, 2021 8:30 PM Singapore / Hong Kong Time on November 16, 2021   Webcast link:   https://services.choruscall.com/links/se211116.html Dial in numbers:   US Toll Free: 1-888-317-6003   Hong Kong: 800-963-976

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Highlights Group Total GAAP revenue was US$2.3 billion, up 158.6% year-on-year. Total gross profit was US$930.9 million, up 363.5% year-on-year. Total adjusted EBITDA1 was US$(24.1) million compared to US$7.7 million for the second quarter of 2020. Digital Entertainment Bookings2 were US$1.2 billion, up 64.8% year-on-year. Adjusted EBITDA1 was US$740.9 million, up 69.8% year-on-year. Adjusted EBITDA represented 62.8% of bookings for the second quarter of 2021, compared to 60.9% for the second quarter of 2020. GAAP reven

Sea Limited (NYSE:SE) ("Sea" or the "Company") today announced its financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Group Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year. Total gross profit was US$645.4 million, up 212.1% year-on-year. Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020. Digital Entertainment Bookings2 were US$1.1 billion, up 117.4% year-on-year. Adjusted EBITDA1 was US$717.3 million, up 140.4% year-on-year. Adjusted EBITDA represented 64.4% of bookings for the first quarter of 2021, compared to 58.2% for the first quarter of 2020. GAAP revenue