Sea (SE) Research & Development (2016 - 2026)
Sea's (SE) quarterly Research & Development came in at -$1.4 billion in Q1 2026, down 52.11% YoY from -$3.0 billion in Q1 2025, and down 0.82% on a QoQ basis from -$1.4 billion in Q4 2025.
Sea (SE) Research & Development (2016 - 2026) Analysis & Trends
Sea (SE) has 11 years of Research & Development data on file, last reported at -$1.4 billion in Q1 2026.
- Quarterly Research & Development fell 52.11% year-over-year to -$1.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.0 billion (down 37.0% YoY) and the FY2025 annual result came in at $4.5 billion, up 29.36% from the prior year.
- Research & Development slipped to -$1.4 billion in Q1 2026, from -$1.4 billion in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$400.1 million in Q1 2023 to a low of -$973.8 billion in Q2 2022.
- A 5-year average of -$87.1 billion and a median of -$967.4 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development sank 104.26% — and 2024, when it surged 99.84%.
- Tracing SE's Research & Development over 5 years: stood at -$473.6 million in 2022, then plunged by 104.26% to -$967.4 million in 2023, then fell by 8.51% to -$1.0 billion in 2024, then tumbled by 33.63% to -$1.4 billion in 2025, then slipped by 0.82% to -$1.4 billion in 2026.
- The last three Research & Development figures came in at -$1.4 billion (Q1 2026), -$1.4 billion (Q4 2025), and -$1.2 billion (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,924.76 Bn | 2,801.77 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 506.26 Bn | 446.72 Bn | 9.83 Bn | -714.26 Mn |
| 3 | Mercadolibre | 97.68 Bn | 82.48 Bn | 4.16 Bn | 1.13 Bn |
| 4 | DoorDash | 93.06 Bn | 87.71 Bn | 2.35 Bn | 821.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 77.73 Bn | 69.21 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 47.57 Bn | 44.26 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.78 Bn | 23.67 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Wayfair | 13.68 Bn | 12.54 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.41 Bn |
| Dec 31, 2025 | -1.40 Bn |
| Sep 30, 2025 | -1.15 Bn |
| Jun 30, 2025 | -1.01 Bn |
| Mar 31, 2025 | -929.70 Mn |
| Dec 31, 2024 | -1.05 Bn |
| Sep 30, 2024 | -878.56 Mn |
| Jun 30, 2024 | -774.77 Mn |
| Mar 31, 2024 | -769.64 Mn |
| Dec 31, 2023 | -967.43 Mn |
| Sep 30, 2023 | -918.05 Mn |
| Jun 30, 2023 | -493.60 Bn |
| Mar 31, 2023 | -400.14 Mn |
| Dec 31, 2022 | -473.62 Mn |
| Sep 30, 2022 | -816.66 Mn |
| Jun 30, 2022 | -973.77 Bn |
| Mar 31, 2022 | -1.01 Bn |
| Dec 31, 2021 | -1.22 Bn |
| Sep 30, 2021 | -1.01 Bn |
| Jun 30, 2021 | -921.36 Bn |