Sea (SE) Net Margin (2016 - 2026)
Sea's (SE) quarterly Net Margin came in at 11.29% in Q1 2026, down 96.0% YoY from 282.36% in Q1 2025, and up 0.96% on a QoQ basis from 11.19% in Q4 2025.
Sea (SE) Net Margin (2016 - 2026) Analysis & Trends
Sea (SE) has 11 years of Net Margin data on file, last reported at 11.29% in Q1 2026.
- Quarterly Net Margin fell 96.0% year-over-year to 11.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.82% (up 667.0% YoY) and the FY2025 annual result came in at 7.32%, up 793.0% from the prior year.
- Net Margin improved to 11.29% in Q1 2026, from 11.19% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 11809634.36% in Q2 2023 to a low of 52.74% in Q3 2022.
- A 5-year average of 1112116.55% and a median of 12.25% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin jumped 471361533 bps — and 2024, when it slumped 1180960268 bps.
- Tracing SE's Net Margin over 5 years: stood at 29.51% in 2022, then sank by 126 bps to 7.62% in 2023, then jumped by 187 bps to 6.65% in 2024, then soared by 68 bps to 11.19% in 2025, then rose by 1 bps to 11.29% in 2026.
- The last three Net Margin figures came in at 11.29% (Q1 2026), 11.19% (Q4 2025), and 119.08% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.95 Bn | 2,819.97 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 508.05 Bn | 448.51 Bn | 9.83 Bn | 19.81% |
| 3 | Mercadolibre | 97.02 Bn | 81.83 Bn | 4.16 Bn | 4.58% |
| 4 | DoorDash | 93.69 Bn | 88.35 Bn | 2.35 Bn | 4.47% |
| 5 | JD.com | 87.61 Bn | 58.43 Bn | 7.66 Bn | 1.62% |
| 6 | Sea | 78.10 Bn | 69.58 Bn | 3.15 Bn | 12.24% |
| 7 | Ebay | 47.48 Bn | 44.17 Bn | 2.30 Bn | -0.06% |
| 8 | Coupang | 29.69 Bn | 23.58 Bn | 2.49 Bn | -6.44% |
| 9 | Zkh | 15.94 Bn | 15.94 Bn | 51.11 Mn | 0.00% |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | -0.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.29% |
| Dec 31, 2025 | 11.19% |
| Sep 30, 2025 | 119.08% |
| Jun 30, 2025 | 135.66% |
| Mar 31, 2025 | 12.25% |
| Dec 31, 2024 | 6.65% |
| Sep 30, 2024 | 60.09% |
| Jun 30, 2024 | 31.68% |
| Mar 31, 2024 | 1.21% |
| Dec 31, 2023 | -7.62% |
| Sep 30, 2023 | -18.28% |
| Jun 30, 2023 | 11,809,634.36% |
| Mar 31, 2023 | 26.10% |
| Dec 31, 2022 | 29.51% |
| Sep 30, 2022 | -52.74% |
| Jun 30, 2022 | 7,096,019.03% |
| Mar 31, 2022 | -38.15% |
| Dec 31, 2021 | -29.57% |
| Sep 30, 2021 | -34.61% |
| Jun 30, 2021 | 7,305,172.58% |