Sea Ltd. reported Q4 2025 GAAP revenue of USD 6.9 billion (+38.4% YoY), gross profit of USD 3.0 billion (+36.0%), and net income of USD 410.9 million (+72.9%). Adjusted EBITDA was USD 787.1 million (+33.2%). For FY 2025, GAAP revenue was USD 22.9 billion (+36.4%), gross profit was USD 10.2 billion (+42.2%), net income was USD 1.6 billion (3.6x), and adjusted EBITDA was USD 3.4 billion (+75.2%). By segment in Q4 2025, Shopee posted GAAP revenue of USD 5.0 billion (+35.8%), GMV of USD 36.7 billion (+28.6%) and gross orders of 4.0 billion (+30.5%), with adjusted EBITDA of USD 202.5 million (+33.0%). Monee reported GAAP revenue of USD 1.1 billion (+54.3%) and adjusted EBITDA of USD 263.1 million (+24.7%); consumer and SME loans principal outstanding reached USD 9.2 billion (+80.4%) and NPLs past due more than 90 days were 1.1% (stable QoQ). Garena reported bookings of USD 672.4 million (+23.8%), GAAP revenue of USD 701.0 million (+35.1%), and adjusted EBITDA of USD 363.8 million (+25.6%), with quarterly active users of 633.3 million (+2.5%) and paying users of 58.0 million (+15.0%). For 2026, management said it aims to grow Shopee’s annual GMV by around 25% YoY and deliver full-year Shopee adjusted EBITDA no lower than FY 2025 in absolute dollar terms. Sea also said it repurchased 116.2 thousand shares for USD 14.5 million in Q4 2025 under its USD 1.0 billion share repurchase program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sea Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260302039769) on March 03, 2026, and is solely responsible for the information contained therein.