Sea Ltd (SE) Convertible Debt (2017 - 2026)

Sea (SE) has reported Convertible Debt for 9 consecutive years, with $2.3 billion the latest figure, recorded in Q3 2025.

• Convertible Debt for Q3 2025 came in at $2.3 billion, down 14.11% year-over-year; the trailing twelve-month figure through Sep 2025 was $2.3 billion (down 14.11% YoY), and the FY2024 annual result was $1.5 billion, down 52.32% from the prior year.
• Convertible Debt was $2.3 billion for Q3 2025 at Sea, up from $1.2 billion in the prior quarter.
• Over five years, Convertible Debt peaked at $4.2 billion in Q2 2022 and troughed at $1.2 billion in Q2 2025.
• Average Convertible Debt over 5 years is $2.9 billion, with a median of $3.1 billion recorded in 2023.
• Year-over-year, Convertible Debt soared 137.56% in 2022 and sank 55.13% in 2025.
• Over 5 years, Convertible Debt stood at $3.5 billion in 2021, then dropped by 3.94% to $3.3 billion in 2022, then decreased by 7.1% to $3.1 billion in 2023, then plunged by 52.32% to $1.5 billion in 2024, then soared by 58.0% to $2.3 billion in 2025.
• Per Business Quant data, the three most recent Convertible Debt figures were $2.3 billion in Q3 2025, $1.2 billion in Q2 2025, and $1.3 billion in Q1 2025.