Sea (SE) Operating Leases (2018 - 2025)
Sea's (SE) quarterly Operating Leases came in at $1.2 billion in Q1 2026, up 36.0% YoY from $907.7 million in Q1 2025, and up 10.35% on a QoQ basis from $1.1 billion in Q4 2025.
Analysis
Sea (SE) Operating Leases (2018 - 2025) Analysis & Trends
Sea (SE) has 8 years of Operating Leases data on file, last reported at $1.2 billion in Q1 2026.
- Quarterly Operating Leases rose 36.0% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 36.0% YoY) and the FY2025 annual result came in at $1.1 billion, up 39.23% from the prior year.
- Operating Leases grew to $1.2 billion in Q1 2026, from $1.1 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $1.2 billion in Q1 2026 to a low of $725.3 million in Q1 2022.
- A 5-year average of $870.1 million and a median of $803.5 million in 2024 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases surged 315.09% — and 2023, when it retreated 7.78%.
- Tracing SE's Operating Leases over 5 years: stood at $756.8 million in 2022, then grew by 4.32% to $789.5 million in 2023, then climbed by 1.77% to $803.5 million in 2024, then surged by 39.23% to $1.1 billion in 2025, then advanced by 10.35% to $1.2 billion in 2026.
- The last three Operating Leases figures came in at $1.2 billion (Q1 2026), $1.1 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | 1.12 Bn |
| Dec 31, 2023 | 803.50 Mn |
| Dec 31, 2022 | 789.51 Mn |
| Dec 31, 2021 | 756.82 Mn |
| Jun 30, 2021 | 299.48 Mn |
| Dec 31, 2020 | 491.31 Mn |
| Sep 30, 2020 | 160.70 Mn |
| Dec 31, 2019 | 177.87 Mn |
| Dec 31, 2018 | 144.00 Mn |