Sea Limited
SEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
16,820
Cost of Revenue
9,615
Gross Profit
7,205
Gross Margin
42.8%
Operating Income
662
Operating Margin
3.9%
Net Income
444
Net Margin
2.6%
EPS (Basic)
$0.77
EPS (Diluted)
$0.73
EBITDA
1,052
EBITDA Margin
6.3%
2023
12/31/2023
Revenue
13,064
Cost of Revenue
7,230
Gross Profit
5,834
Gross Margin
44.7%
Operating Income
225
Operating Margin
1.7%
Net Income
151
Net Margin
1.2%
EPS (Basic)
$0.27
EPS (Diluted)
$0.25
EBITDA
783
EBITDA Margin
6.0%
2022
12/31/2022
Revenue
12,450
Cost of Revenue
7,264
Gross Profit
5,185
Gross Margin
41.6%
Operating Income
-1,488
Operating Margin
-11.9%
Net Income
-1,651
Net Margin
-13.3%
EPS (Basic)
$-2.96
EPS (Diluted)
$-2.96
EBITDA
-704
EBITDA Margin
-5.7%
2021
12/31/2021
Revenue
9,955
Cost of Revenue
6,059
Gross Profit
3,896
Gross Margin
39.1%
Operating Income
-1,583
Operating Margin
-15.9%
Net Income
-2,047
Net Margin
-20.6%
EPS (Basic)
$-3.84
EPS (Diluted)
$-3.84
EBITDA
-1,304
EBITDA Margin
-13.1%
2020
12/31/2020
Revenue
4,376
Cost of Revenue
3,027
Gross Profit
1,349
Gross Margin
30.8%
Operating Income
-1,303
Operating Margin
-29.8%
Net Income
-1,618
Net Margin
-37.0%
EPS (Basic)
$-3.39
EPS (Diluted)
$-3.39
EBITDA
-1,123
EBITDA Margin
-25.7%