Sea Operating Expenses Growth & History (SE)
Sea's operating expenses was $8.26B for fiscal 2025.
View full Sea company overviewSea annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.26B | $1.72B | +26.22% |
| 2024 | 2024-12-31 | $6.54B | $934.1M | +16.65% |
| 2023 | 2023-12-31 | $5.61B | −$1.06B | −15.94% |
| 2022 | 2022-12-31 | $6.67B | $1.19B | +21.79% |
| 2021 | 2021-12-31 | $5.48B | $2.83B | +106.57% |
| 2020 | 2020-12-31 | $2.65B | $1.16B | +77.27% |
| 2019 | 2019-12-31 | $1.50B | $492.6M | +49.09% |
| 2018 | 2018-12-31 | $1.00B | $413.9M | +70.18% |
| 2017 | 2017-12-31 | $589.7M | $271.2M | +85.16% |
| 2016 | 2016-12-31 | $318.5M | $127.6M | +66.83% |
| 2015 | 2015-12-31 | $190.9M | — | — |
Sea quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $2.55B | $772.8M | +43.42% |
| Q4 2025 | 2025-12-31 | $2.43B | — | — |
| Q3 2025 | 2025-09-30 | $2.12B | — | — |
| Q2 2025 | 2025-06-30 | $1.92B | — | — |
| Q1 2025 | 2025-03-31 | $1.78B | — | — |
Sea operating expenses trends
Over the last five fiscal years, Sea's operating expenses increased from $2.65B to $8.26B, a change of $5.61B. The latest reported quarter, Q1 2026, shows $2.55B.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sea source filings ↗