Sea annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sea Net Debt Growth & History (SE)
Sea's net debt was −$1.58B for fiscal 2025.
View full Sea company overviewSea annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$1.58B | −$1.44B | — |
| 2024 | 2024-12-31 | −$139.9M | $1.42B | — |
| 2023 | 2023-12-31 | −$1.56B | $3.39B | — |
| 2022 | 2022-12-31 | −$4.96B | $3.60B | — |
| 2021 | 2021-12-31 | −$8.56B | −$2.65B | — |
| 2020 | 2020-12-31 | −$5.91B | −$3.00B | — |
| 2019 | 2019-12-31 | −$2.91B | −$1.91B | — |
| 2018 | 2018-12-31 | −$1.00B | $344.4M | — |
| 2017 | 2017-12-31 | −$1.35B | −$1.18B | — |
| 2016 | 2016-12-31 | −$168.2M | — | — |
Sea quarterly net debt
Q4.16
Q4.17
Q4.18
Q4.19
Q3.20
Q4.20
Q2.21
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | −$450.8M | −$2.42B | — |
| Q4 2025 | 2025-12-31 | −$1.58B | −$1.44B | — |
| Q3 2025 | 2025-09-30 | $1.18B | — | — |
| Q2 2025 | 2025-06-30 | $2.03B | — | — |
| Q1 2025 | 2025-03-31 | $1.97B | — | — |
| Q4 2024 | 2024-12-31 | −$139.9M | $1.42B | — |
| Q4 2023 | 2023-12-31 | −$1.56B | $3.39B | — |
| Q4 2022 | 2022-12-31 | −$4.96B | $3.60B | — |
| Q4 2021 | 2021-12-31 | −$8.56B | −$2.65B | — |
| Q2 2021 | 2021-06-30 | −$4.23B | — | — |
| Q4 2020 | 2020-12-31 | −$5.91B | −$3.00B | — |
| Q3 2020 | 2020-09-30 | −$3.28B | — | — |
| Q4 2019 | 2019-12-31 | −$2.91B | −$1.91B | — |
| Q4 2018 | 2018-12-31 | −$1.00B | $344.4M | — |
| Q4 2017 | 2017-12-31 | −$1.35B | −$1.18B | — |
| Q4 2016 | 2016-12-31 | −$168.2M | — | — |
Sea net debt trends
Over the last five fiscal years, Sea's net debt increased from −$5.91B to −$1.58B, a change of $4.34B. The latest reported quarter, Q1 2026, shows −$450.8M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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