Sea SE
NYSE SE
$112.65 -0.83 (-0.73%)
As of: Sep 1, 2026 · 3:59 PM EDT

Sea (SE) Gross Margin (2016 - 2026)

Sea's (SE) quarterly Gross Margin came in at 44.32% in Q1 2026, down 187.0% YoY from 50.94% in Q1 2025, and up 1.28% on a QoQ basis from 43.76% in Q4 2025.

Analysis

Sea (SE) Gross Margin (2016 - 2026) Analysis & Trends

Sea (SE) has 11 years of Gross Margin data on file, last reported at 44.32% in Q1 2026.

  • Quarterly Gross Margin fell 187.0% year-over-year to 44.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 74.71% (down 3.0% YoY) and the FY2025 annual result came in at 44.66%, up 182.0% from the prior year.
  • Gross Margin climbed to 44.32% in Q1 2026, from 43.76% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 523.23% in Q2 2025 to a low of 41.61% in Q1 2024.
  • A 5-year average of 221.92% and a median of 178.88% in 2022 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 20181 bps in 2024, down 25397 bps in 2024.
  • Tracing SE's Gross Margin over 5 years: stood at 178.88% in 2022, then surged by 67 bps to 298.53% in 2023, then sank by 85 bps to 44.55% in 2024, then slipped by 2 bps to 43.76% in 2025, then advanced by 1 bps to 44.32% in 2026.
  • The last three Gross Margin figures came in at 44.32% (Q1 2026), 43.76% (Q4 2025), and 502.15% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amazon Com 2,742.86 Bn 2,619.88 Bn 198.88 Bn 52.05%
2 PDD Holdings 116.24 Bn -48,010.17 Bn 9.45 Bn 57.06%
3 Mercadolibre 99.45 Bn 84.25 Bn 4.16 Bn 40.90%
4 DoorDash 98.02 Bn 92.67 Bn 2.35 Bn 52.69%
5 Sea 67.10 Bn 58.70 Bn 3.55 Bn 45.58%
6 Ebay 46.73 Bn 43.42 Bn 2.30 Bn 73.45%
7 JD.com 39.68 Bn 7.13 Bn 16.50 Bn 16.91%
8 Coupang 28.45 Bn 22.34 Bn 2.49 Bn 28.16%
9 Wayfair 12.37 Bn 11.23 Bn 1.05 Bn 29.95%
10 Maplebear 11.75 Bn 10.90 Bn 751.00 Mn 72.00%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.58%
Mar 31, 2026 44.32%
Dec 31, 2025 43.76%
Sep 30, 2025 43.42%
Jun 30, 2025 45.82%
Mar 31, 2025 46.19%
Dec 31, 2024 44.55%
Sep 30, 2024 43.00%
Jun 30, 2024 41.63%
Mar 31, 2024 41.61%
Dec 31, 2023 42.16%
Sep 30, 2023 43.54%
Jun 30, 2023 0.05%
Mar 31, 2023 46.58%
Dec 31, 2022 49.17%
Sep 30, 2022 38.90%
Jun 30, 2022 0.04%
Mar 31, 2022 40.35%
Dec 31, 2021 40.68%
Sep 30, 2021 37.51%