Sea (SE) Cost of Revenue (2016 - 2026)

Sea has disclosed Cost of Revenue across 11 years of filings, most recently posting $1.4 billion for Q1 2026.

• Quarterly Cost of Revenue rose 52.11% year-over-year to $1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.0 billion (up 37.0% YoY) and the FY2025 annual result came in at $12.7 billion, up 32.03% from the prior year.
• Cost of Revenue advanced to $1.4 billion in Q1 2026, from $1.4 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $1.4 billion in Q1 2026 and troughed at $493601.0 in Q2 2023.
• A 5-year average of $821.3 million and a median of $918.0 million in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 61.17% — and 2024, when it jumped 156862.4%.
• Tracing SE's Cost of Revenue over 5 years: stood at $473.6 million in 2022, then soared by 104.26% to $967.4 million in 2023, then increased by 8.51% to $1.0 billion in 2024, then soared by 33.63% to $1.4 billion in 2025, then rose by 0.82% to $1.4 billion in 2026.
• Business Quant data shows SE's Cost of Revenue at $1.4 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.2 billion in Q3 2025.