SE's Q2 earnings miss estimates, but surging e-commerce, gaming and fintech revenues power a 38% jump in sales.
I'm upgrading Sea to a buy as its e-commerce segment achieves profitability and drives a 20% post-earnings stock surge. The company benefits from exposure to Southeast Asia's rapidly growing economies and an expanding middle class, fueling robust e-commerce GMV growth. Sea's synergistic business model spans e-commerce, gaming, and financial services, with a strong cash position supporting future growth.
Although the revenue and EPS for Sea Limited (SE) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
11 Nov 2025 (In 3 months) Date | | 1.05 Cons. EPS | - EPS |
10 Nov 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
19 Aug 2025 (In 6 days) Date | | 0.77 Cons. EPS | - EPS |
12 Aug 2025 Date | | 0.99 Cons. EPS | - EPS |
12 Aug 2025 Date | | 0.77 Cons. EPS | - EPS |
11 Nov 2025 (In 3 months) Date | | 1.05 Cons. EPS | - EPS |
10 Nov 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
19 Aug 2025 (In 6 days) Date | | 0.77 Cons. EPS | - EPS |
12 Aug 2025 Date | | 0.99 Cons. EPS | - EPS |
12 Aug 2025 Date | | 0.77 Cons. EPS | - EPS |
Specialty Retail Industry | Consumer Cyclical Sector | Xiaodong Li CEO | NYSE Exchange | 81141R100 Cusip |
SG Country | 80,700 Employees | - Last Dividend | - Last Split | 20 Oct 2017 IPO Date |
Sea Limited, originally known as Garena Interactive Holding Limited, rebranded itself in April 2017 and is now a significant player in the digital business landscape. Incorporated in 2009 and based in Singapore, Sea Limited has a widespread operational footprint that spans Southeast Asia, Latin America, other parts of Asia, and globally. The company is dedicated to providing an array of digital services, segmented into digital entertainment, e-commerce, and digital financial services. Its business strategy integrates a diverse portfolio of platforms and services aimed at capturing a broad demographic, leveraging the internet economy, and addressing varied consumer needs across its operational territories.
This platform serves as a gateway for users to access an array of mobile and PC online games. It's not just about gaming; Garena also hosts eSports operations, creating a comprehensive digital entertainment ecosystem for its user base. This aspect of Sea Limited's offerings emphasizes interactive entertainment and community building through competitive and recreational gaming.
Shopee is a mobile-first e-commerce marketplace that facilitates buying and selling across regions where Sea Limited operates. It distinguishes itself with an integrated payment and logistics infrastructure, along with extensive seller services, aiming to simplify the e-commerce experience for both merchants and consumers. Shopee’s strategic focus on mobile users underscores Sea Limited’s commitment to leveraging mobile internet adoption trends.
This segment offers a broad spectrum of financial services targeted at both individuals and businesses. The services range from mobile wallet solutions (offline and online) and payment processing to more specialized offerings like credit, insurance technology (insurtech), and digital banking services. This diverse range of services is available under various brands, including ShopeePay, SPayLater, SeaBank, and SeaInsure, among others. SeaMoney underscores Sea Limited’s ambition to bridge the gap in financial service accessibility, particularly in underbanked regions.