Sea Limited Sees Record Revenue Surge, Exceeding Expectations While Missing Earnings Per Share

Sea Limited’s second quarter 2025 financial report reveals impressive growth across its main business segments, exceeding expectations. Despite missing the expected earnings per share (EPS), the company demonstrates a strong focus on strategic expansion while prioritizing profitability. Key highlights include: Sea Limited generated $5.3 billion in revenue for Q2, up 38.2% year-over-year; Shopee’s e-commerce arm played a significant role with $3.8 billion in revenue, bolstered by a surge in Gross Merchandise Volume (GMV) and market dominance in Brazil; the digital financial services segment saw substantial growth, reaching $882.8 million in revenue, largely driven by expansion of its credit business; Garena’s entertainment segment delivered strong results, with 28.4% year-over-year revenue growth fueled by increased user base and paying users; and a significant increase in gross profit to $2.4 billion and net income to $414.2 million. Despite missing the expected EPS of $0.99 per share, Sea Limited remains optimistic about its future performance and has raised full-year guidance for Garena, anticipating over 30% year-over-year bookings growth. The company emphasizes a strategic focus on long-term profitability while pursuing growth opportunities in key markets.