Summary by Futu AI
Sea Limited delivered robust Q4 2025 results with GAAP revenue growing 38.4% YoY to $6.9 billion and net income rising 72.9% YoY to $410.9 million. Gross profit increased 36% YoY to $3.0 billion, while adjusted EBITDA grew 33.2% YoY to $787.1 million. The company achieved strong performance across all segments, with Shopee's revenue up 35.8% to $5.0 billion, Monee's revenue rising 54.3% to $1.1 billion, and Garena's revenue increasing 35.1% to $701.0 million.For full year 2025, Sea's revenue rose 36.4% to $22.9 billion, with net income surging to $1.6 billion from $447.8 million in 2024. Shopee served approximately 400 million active buyers and 20 million sellers, while Monee gained over 20 million unique first-time borrowers. Garena maintained strong user engagement with over 100 million daily active players.Looking ahead to 2026, Sea aims to grow Shopee's annual GMV by around 25% YoY while maintaining its full year adjusted EBITDA at least at 2025 levels. The company plans to focus on operational excellence and continue its strategic approach that proved successful in 2025.