Sea Limited (SE) Operating Margin
- Operating margin · 12 months: Value 10.12%; Formula and calculation Operating income / revenue. Period ending 2025-12-31..
Operating margin
Overview →Financial period ending 2025-12-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 10.12% | Operating income / revenue. Period ending 2025-12-31. $1.99B ÷ $19.63B × 100 ≈ 10.12% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 1.99B USD | Operating Income (Loss) |
| Revenue | 19.63B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Cost of products and services | 12.69B USD | Cost of Goods and Services Sold |
| Research and development | 1.16B USD | Research and Development Expense |
| Selling, general and administration | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2025-12-31 | $1.99B | $19.63B | $12.69B | $1.16B | (m) | 10.12% |
| 2024-12-31 | $662.15M | $16.82B | (m) | $1.21B | (m) | 3.94% |
| 2023-12-31 | $224.78M | $13.06B | $7.23B | $1.16B | (m) | 1.72% |
| 2022-12-31 | $-1.49B | $12.45B | $7.26B | $1.38B | (m) | -11.95% |
| 2021-12-31 | $-1.58B | $9.96B | $6.06B | $831.70M | (m) | -15.90% |
| 2021-06-30 | $-1.35B | $6.82B | $4.31B | $527.54M | (m) | -19.72% |
| 2020-12-31 | $-1.30B | $4.38B | $3.03B | $353.79M | (m) | -29.79% |
| 2020-09-30 | $-1.18B | $3.59B | $2.51B | $293.75M | (m) | -32.79% |
| 2020-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | $-891.23M | $2.18B | $1.57B | $156.63M | (m) | -40.97% |
| 2019-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2018-12-31 | $-988.77M | $826.97M | $812.21M | $67.53M | (m) | -119.57% |
| 2017-12-31 | $-502.36M | $414.19M | (m) | $29.32M | (m) | -121.29% |
| 2016-12-31 | $-205.39M | $345.67M | (m) | $20.81M | (m) | -59.42% |
| 2015-12-31 | $-83.06M | $292.12M | (m) | $17.73M | (m) | -28.43% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.