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Sea Limited (SE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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Sea Limited Sponsored ADR (SE - Free Report) reported $6.17 billion in revenue for the quarter ended September 2025, representing a year-over-year increase of 44.6%. EPS of $0.78 for the same period compares to $0.54 a year ago.

The reported revenue represents a surprise of +3.35% over the Zacks Consensus Estimate of $5.97 billion. With the consensus EPS estimate being $1.03, the EPS surprise was -24.27%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Sea Limited performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • E-commerce - Gross GMV: $32.2 million compared to the $31.93 million average estimate based on two analysts.
  • Digital Entertainment - Quarterly active users: 671 versus the two-analyst average estimate of 682.
  • E-commerce - Gross Orders: 3.6 billion versus the two-analyst average estimate of 3.5 billion.
  • Digital Entertainment - Bookings: $840.7 million versus the two-analyst average estimate of $762.96 million.
  • Digital Entertainment - Quarterly paying users: 66 compared to the 64 average estimate based on two analysts.
  • Revenue- Digital entertainment: $653.03 million compared to the $538.84 million average estimate based on two analysts.
  • Revenue- Other Services: $46.8 million compared to the $43.34 million average estimate based on two analysts. The reported number represents a change of +50.4% year over year.
  • Revenue- Digital Financial Services: $989.86 million compared to the $969.74 million average estimate based on two analysts. The reported number represents a change of +60.8% year over year.
  • Revenue- E-Commerce: $3.78 billion versus the two-analyst average estimate of $4.2 billion. The reported number represents a year-over-year change of +18.7%.
  • Adjusted EBITDA- Digital Entertainment: $465.94 million compared to the $435.79 million average estimate based on two analysts.
  • Adjusted EBITDA- E-commerce: $186.06 million compared to the $207.34 million average estimate based on two analysts.
  • Adjusted EBITDA- Unallocated expenses: $-10.94 million versus the two-analyst average estimate of $-5.87 million.

View all Key Company Metrics for Sea Limited here>>>

Shares of Sea Limited have returned -15.1% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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