Sea Ltd (SE) Research & Development (2016 - 2026)

Sea (SE) has reported Research & Development for 11 consecutive years, with -$296.7 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at -$296.7 million, changed 0.27% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 3.3% YoY), and the FY2025 annual result was $1.2 billion, down 4.05% from the prior year.
• Research & Development was -$296.7 million for Q1 2026 at Sea, down from -$277.6 million in the prior quarter.
• Over five years, Research & Development peaked at -$244.2 million in Q4 2022 and troughed at -$370.9 billion in Q2 2022.
• Average Research & Development over 5 years is -$38.8 billion, with a median of -$298.5 million recorded in 2024.
• Year-over-year, Research & Development slumped 141.2% in 2022 and jumped 99.89% in 2024.
• Over 5 years, Research & Development stood at -$244.2 million in 2022, then decreased by 14.58% to -$279.8 million in 2023, then decreased by 7.65% to -$301.2 million in 2024, then gained by 7.84% to -$277.6 million in 2025, then decreased by 6.87% to -$296.7 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were -$296.7 million in Q1 2026, -$277.6 million in Q4 2025, and -$286.3 million in Q3 2025.