Sea Ltd. reported a robust financial performance for the second quarter of 2025, with total GAAP revenue increasing by 38.2% to $5.3 billion, up from $3.8 billion in the same period of 2024. The e-commerce segment saw a notable revenue rise of 33.6%, reaching $3.3 billion, driven by the growth of GMV. Digital Financial Services revenue surged by 70.0% to $882.8 million, largely due to the expansion of the credit business. Digital Entertainment also experienced a revenue growth of 28.4%, totaling $559.1 million, attributed to an increase in the active user base and enhanced paying user penetration. The company achieved a significant increase in net income, reporting $414.2 million for the second quarter of 2025, compared to $79.9 million in the previous year. Basic earnings per share attributable to Sea Limited's ordinary shareholders rose to $0.68, up from $0.14 in the second quarter of 2024. Sea Ltd.'s operating income increased dramatically by 488.4%, reaching $487.7 million from $82.9 million in the prior year. The income tax expense also rose to $144.1 million, compared to $60.6 million in the second quarter of 2024. Total adjusted EBITDA saw an increase of 84.9%, amounting to $829.2 million. The company's financial results reflect strong performance across its business segments, particularly in e-commerce and digital financial services.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sea Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250811347836) on August 12, 2025, and is solely responsible for the information contained therein.
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