Sea SE
NYSE SE
$113.29 -0.19 (-0.16%)
As of: Sep 1, 2026 · 2:29 PM EDT

Sea (SE) Operating Margin (2016 - 2026)

Sea's (SE) quarterly Operating Margin came in at 80.28% in Q1 2026, down 267.0% YoY from 48.07% in Q1 2025, and up 1.28% on a QoQ basis from 79.27% in Q4 2025.

Analysis

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

Sea (SE) has 11 years of Operating Margin data on file, last reported at 80.28% in Q1 2026.

  • Quarterly Operating Margin fell 267.0% year-over-year to 80.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 135.22% (up 3165.0% YoY) and the FY2025 annual result came in at 8.65%, up 472.0% from the prior year.
  • Operating Margin grew to 80.28% in Q1 2026, from 79.27% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 940.56% in Q2 2025 to a low of 92.94% in Q2 2022.
  • A 5-year average of 219.93% and a median of 36.13% in 2022 frame the typical range for Operating Margin.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 6033 bps — and 2024, when it soared 86356 bps.
  • Tracing SE's Operating Margin over 5 years: stood at 36.13% in 2022, then slumped by 131 bps to 11.07% in 2023, then soared by 156 bps to 6.18% in 2024, then jumped by 1183 bps to 79.27% in 2025, then increased by 1 bps to 80.28% in 2026.
  • The last three Operating Margin figures came in at 80.28% (Q1 2026), 79.27% (Q4 2025), and 912.35% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Amazon Com 2,746.20 Bn 2,623.21 Bn 198.88 Bn 13.43%
2 PDD Holdings 116.28 Bn -48,010.13 Bn 9.45 Bn 24.71%
3 DoorDash 98.95 Bn 93.61 Bn 2.35 Bn 3.50%
4 Mercadolibre 98.90 Bn 83.71 Bn 4.16 Bn 6.72%
5 Sea 67.51 Bn 59.11 Bn 3.55 Bn 82.81%
6 Ebay 46.90 Bn 43.59 Bn 2.30 Bn 21.57%
7 JD.com 39.64 Bn 7.09 Bn 16.50 Bn 1.26%
8 Coupang 28.35 Bn 22.24 Bn 2.49 Bn -6.28%
9 Wayfair 12.44 Bn 11.30 Bn 1.05 Bn 2.96%
10 Maplebear 11.73 Bn 10.88 Bn 751.00 Mn 13.71%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 82.81%
Mar 31, 2026 80.28%
Dec 31, 2025 79.27%
Sep 30, 2025 78.90%
Jun 30, 2025 82.36%
Mar 31, 2025 82.96%
Dec 31, 2024 6.18%
Sep 30, 2024 81.32%
Jun 30, 2024 81.08%
Mar 31, 2024 81.31%
Dec 31, 2023 -1.56%
Sep 30, 2023 -3.86%
Jun 30, 2023 0.01%
Mar 31, 2023 4.12%
Dec 31, 2022 9.93%
Sep 30, 2022 -15.71%
Jun 30, 2022 -0.03%
Mar 31, 2022 -17.18%
Dec 31, 2021 -13.72%
Sep 30, 2021 -17.05%