SEA (NYSE:SE) Posts Earnings Results

SEA (NYSE:SE) posted its earnings results on Tuesday. The Internet company based in Singapore reported $0.63 EPS for the quarter, missing the consensus estimate of $0.91 by ($0.28), Briefing.com reports. SEA had a return on equity of 15.19% and a net margin of 6.80%.The business had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $6.42 billion. During the same period in the previous year, the firm earned $0.39 earnings per share. The company’s revenue was up 38.4% on a year-over-year basis.

Here are the key takeaways from SEA’s conference call:

• Sea delivered record 2025 results — $23 billion in revenue (+36% YoY), net income of $1.6 billion (up 260% YoY) and Adjusted EBITDA of $3.4 billion (+75% YoY), driven by across-the-board strength in Shopee, SeaMoney and Garena.
• Shopee guidance and monetization — management targets ~25% GMV growth for 2026 while keeping full-year Adjusted EBITDA at least flat versus 2025, after showing improved monetization (ad revenue +70% YoY and ad take rate +80bps).
• SeaMoney scaled rapidly with controlled risk — active credit users crossed ~37 million, Q4 added 5.8 million first-time borrowers, loan principal outstanding exceeded $9 billion, and 90-day NPL remained low at 1.1%.
• Garena momentum and IP/esports wins — bookings rose ~37% to ~$2.9 billion in 2025, Free Fire sustained strong growth with major IP collaborations (Naruto) and a Guinness-record global esports event that expanded engagement.

SEA Price Performance

NYSE SE opened at $81.59 on Tuesday. The business’s fifty day moving average is $120.09 and its 200 day moving average is $147.92. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.42 and a current ratio of 1.44. SEA has a fifty-two week low of $86.25 and a fifty-two week high of $199.30. The company has a market capitalization of $48.07 billion, a PE ratio of 34.88 and a beta of 1.59.

Analyst Upgrades and Downgrades

SE has been the topic of several analyst reports. Wedbush cut their target price on SEA from $190.00 to $170.00 and set an “outperform” rating on the stock in a research report on Friday, December 19th. Morgan Stanley reiterated an “overweight” rating and issued a $173.00 target price on shares of SEA in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “hold (c-)” rating on shares of SEA in a report on Monday, December 29th. Barclays upped their price objective on shares of SEA from $214.00 to $226.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Finally, Phillip Securities upgraded shares of SEA from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $189.84.

SEA declared that its Board of Directors has approved a share buyback program on Monday, November 17th that authorizes the company to repurchase $0.00 in outstanding shares. This repurchase authorization authorizes the Internet company based in Singapore to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Zions Bancorporation National Association UT grew its position in shares of SEA by 539.6% during the fourth quarter. Zions Bancorporation National Association UT now owns 307 shares of the Internet company based in Singapore’s stock worth $39,000 after purchasing an additional 259 shares in the last quarter. Cloud Capital Management LLC boosted its stake in shares of SEA by 8.0% during the 4th quarter. Cloud Capital Management LLC now owns 2,005 shares of the Internet company based in Singapore’s stock worth $255,000 after purchasing an additional 148 shares during the period. Oarsman Capital Inc. grew its stake in shares of SEA by 89.0% during the fourth quarter. Oarsman Capital Inc. now owns 2,124 shares of the Internet company based in Singapore’s stock valued at $271,000 after buying an additional 1,000 shares during the last quarter. Gen Wealth Partners Inc boosted its holdings in SEA by 328.6% during the 4th quarter. Gen Wealth Partners Inc now owns 2,829 shares of the Internet company based in Singapore’s stock valued at $361,000 after acquiring an additional 2,169 shares during the period. Finally, Arkadios Wealth Advisors grew its position in SEA by 11.1% in the 4th quarter. Arkadios Wealth Advisors now owns 3,221 shares of the Internet company based in Singapore’s stock valued at $411,000 after acquiring an additional 322 shares during the last quarter. Institutional investors own 59.53% of the company’s stock.

About SEA

Sea Limited (NYSE: SE) is a Singapore-based consumer internet company that operates a trio of interconnected businesses across digital entertainment, e-commerce and digital financial services. Founded in 2009 as Garena and later rebranded as Sea, the company is headquartered in Singapore and listed on the New York Stock Exchange. Sea positions itself as a technology platform focused on enabling online consumers, merchants and developers primarily across Southeast Asia and adjacent markets.

Sea’s digital entertainment arm, Garena, is a game developer and publisher that also organizes esports initiatives and operates online gaming platforms.