Sea (SE) revenue breakdown
By segment, Digital Entertainment is the largest at 56% of fiscal 2018 revenue; E-commerce grew fastest, 2884% a year over 1 years.
By product, Service is the largest at 91% of fiscal 2025 revenue; Product grew fastest, 289% a year over 9 years.
Revenue by segment
Fiscal years, as Sea reports them in its 10-K filings; fiscal 2018 total $827M.
| Segments | 2016 | 2017 | 2018 | Share |
|---|---|---|---|---|
| Digital Entertainment | $328M | $365M | $462M | 56% |
| E-commerce | — | $9M | $270M | 33% |
| Other Services | $12M | $24M | $83M | 10% |
| Digital Financial Services | $6M | $16M | $11M | 1% |
Revenue by product
Fiscal years, as Sea reports them in its 10-K filings; fiscal 2025 total $22.9B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | — | — | — | — | — | — | $11.3B | $11.9B | $15.3B | $20.9B | 91% |
| Product | $10,000 | $2M | $94M | $217M | $582M | $1.1B | $1.1B | $1.1B | $1.6B | $2.0B | 9% |
| E-Commerce and Other Services | $18M | $47M | $270M | $823M | $1.8B | $4.6B | — | — | — | — | — |
| Digital Entertainment | $328M | $365M | $462M | $1.1B | $2.0B | $4.3B | — | — | — | — | — |
Revenue by region
Fiscal years, as Sea reports them in its 10-K filings; fiscal 2025 total $22.9B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Southeast Asia excluding Singapore | — | $279M | $581M | $1.4B | $2.8B | $6.3B | $8.3B | $8.7B | $11.1B | $14.4B | 63% |
| Latin America | — | $2M | $15M | $283M | $790M | $1.9B | $2.0B | $2.2B | $3.3B | $5.5B | 24% |
| Rest of Asia | — | $133M | $230M | $489M | $655M | $1.4B | $1.7B | $1.5B | $1.6B | $2.0B | 9% |
| Singapore | — | — | — | — | — | — | — | $506M | $659M | $793M | 3% |
| Rest of the World | $32M | — | $1M | $25M | $138M | $393M | $357M | $194M | $178M | $228M | 1% |
| Thailand | $120M | — | — | — | — | — | — | — | — | — | — |
| Taiwan | $110M | — | — | — | — | — | — | — | — | — | — |
| Vietnam | $61M | — | — | — | — | — | — | — | — | — | — |
| Indonesia | $23M | — | — | — | — | — | — | — | — | — | — |
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Where does Sea make its money?
In fiscal 2018, by segment: Digital Entertainment $462M, E-commerce $270M, Other Services $83M, Digital Financial Services $11M.
From Sea's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.