Sea (SE) FCF Margin (2016 - 2026)
Sea (SE) recorded FCF Margin of 21.12% in the quarter ended Jun 30, 2026, down 12.55 percentage points from 33.67% a year earlier but up 6.22 percentage points from the prior quarter.
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Analysis
Sea (SE) FCF Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Sea's FCF Margin came in at 19.65% as of Jun 30, 2026, down 5.02 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 24.14%, up 2.77 percentage points from the prior year.
- Annual FCF Margin has increased for three straight years, with a five-year change of +3.76 percentage points (years ended Dec 2020 to Dec 2025).
- Across earlier years, FCF Margin came in at 21.38% in the year ended Dec 31, 2024 (+3.61 pp), 17.77% in the year ended Dec 31, 2023 (+18.83 pp), -1.06% in the year ended Dec 31, 2022 (-10.91 pp) and 9.85% in the year ended Dec 31, 2021 (-10.54 pp).
- Quarterly FCF Margin has ranged from -24.96% in the quarter ended Mar 31, 2022 to 33.67% in the quarter ended Jun 30, 2025 over the past five years.
- On a year-over-year basis, FCF Margin rose in five of the last eight quarters, with an average year-over-year change of +2.86 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 44.87 percentage points in the quarter ended Mar 31, 2023, against a drop of 43.00 percentage points in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.91% (quarter ended Mar 31, 2026), 21.55% (quarter ended Dec 31, 2025) and 21.50% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 49.55% |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 22.77% |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 17.50% |
| 10 | Sea | 58.10 Bn | 17.99 Bn | 3.55 Bn | 21.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.12% |
| Mar 31, 2026 | 14.91% |
| Dec 31, 2025 | 21.55% |
| Sep 30, 2025 | 21.50% |
| Jun 30, 2025 | 33.67% |
| Mar 31, 2025 | 15.64% |
| Dec 31, 2024 | 20.62% |
| Sep 30, 2024 | 29.92% |
| Jun 30, 2024 | 17.84% |
| Mar 31, 2024 | 12.55% |
| Dec 31, 2023 | 7.71% |
| Sep 30, 2023 | 18.12% |
| Jun 30, 2023 | 19.24% |
| Mar 31, 2023 | 19.91% |
| Dec 31, 2022 | 9.26% |
| Sep 30, 2022 | -5.27% |
| Jun 30, 2022 | -16.50% |
| Mar 31, 2022 | -24.96% |
| Dec 31, 2021 | -9.46% |
| Sep 30, 2021 | 2.33% |
API Access
Sea FCF Margin 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=fcf-margin&ticker=SE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=SE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();