Sea Ltd (SE) Cost of Revenue (2016 - 2026)
Sea (SE) recorded quarterly Cost of Revenue of $623.0 million in Q2 2026, up 6.12% on a QoQ basis from $587.0 million in Q1 2026, and up 44.2% year-over-year from $432.0 million in Q2 2025.
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Sea Ltd (SE) Cost of Revenue (2016 - 2026) Analysis & Trends
Sea (SE) has 11 years of Cost of Revenue data on file, last reported at $623.0 million in Q2 2026.
- Quarterly Cost of Revenue rose 44.2% year-over-year to $623.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.3 billion (up 40.39% YoY) and the FY2025 annual result came in at $12.7 billion, up 32.03% from the prior year.
- Cost of Revenue for Q2 2026 stood at $623.0 million, up from $587.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $287.8 billion in Q3 2023 and troughed at $209.7 million in Q1 2023.
- A 5-year average of $57.4 billion and a median of $435.6 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue sank 99.87% in 2024 and jumped 57.05% in 2026, its largest moves.
- Sea's Cost of Revenue stood at $229.6 million in 2022, then jumped by 34.68% to $309.3 million in 2023, then surged by 42.04% to $439.3 million in 2024, then soared by 33.18% to $585.0 million in 2025, then rose by 6.49% to $623.0 million in 2026.
- Business Quant data shows SE's Cost of Revenue at $623.0 million in Q2 2026, $587.0 million in Q1 2026, and $585.0 million in Q4 2025.
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Sea Ltd Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();