Sea Limited (SE) Gross margin 2016–2025
Sea Limited (SE) gross margin by fiscal year — reported gross profit divided by reported revenue.
52.2%FY2025 · since FY2016: 32.7% → 52.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 52.2% | +3.3 pp |
| FY2024 | 48.9% | -2.0 pp |
| FY2023 | 50.9% | +9.3 pp |
| FY2022 | 41.6% | +2.5 pp |
| FY2021 | 39.1% | +8.3 pp |
| FY2020 | 30.8% | +3.0 pp |
| FY2019 | 27.8% | +26.0 pp |
| FY2018 | 1.8% | -19.3 pp |
| FY2017 | 21.1% | -11.6 pp |
| FY2016 | 32.7% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice