Sea Ltd Q2 2025 Earnings Call Highlights: Robust Revenue Growth and Strategic Expansion

Thursday, Aug 14, 2025 3:55 pm ET1min read

Sea Ltd reported a 38% YoY increase in total GAAP revenue to $5.3 billion in Q2 2025. Shopee's GMV grew 25% YoY, and Garena's bookings increased by 23% YoY. Monee's loan book expanded over 90% YoY, reaching $6.9 billion. The company achieved positive adjusted EBITDA across all three business segments, with a total of $829 million in Q2 2025. Sea Ltd faces competitive pressures in Brazil and anticipates investment costs associated with the expansion of the Shopee VIP membership program.

Title: Sea Ltd. Reports Strong Q2 2025 Growth, Driven by E-commerce and Digital Services

Singapore, July 2, 2025 — Sea Ltd. (SE) has reported robust financial performance for the second quarter of 2025, with a 38% year-on-year (YoY) increase in total GAAP revenue to $5.3 billion. The company's e-commerce platform, Shopee, saw a 25% YoY growth in gross merchandise volume (GMV), while Garena's bookings increased by 23% YoY. Additionally, Monee's loan book expanded by over 90% YoY, reaching $6.9 billion.

The company's digital financial services revenue increased by 70% to $883 million, while digital entertainment revenue grew by 28% to $559 million. Sea Ltd. achieved positive adjusted EBITDA across all three business segments, totaling $829 million in Q2 2025.

Sea Ltd. faces competitive pressures in Brazil and anticipates investment costs associated with the expansion of the Shopee VIP membership program. Despite these challenges, the company's strategic focus on growth and profitability is expected to strengthen its market leadership and long-term earnings potential.

References:
[1] https://www.investors.com/news/technology/sea-stock-q2-2025-se-news-shopee/
[2] https://www.theglobeandmail.com/investing/markets/stocks/SE-N/pressreleases/34128038/sea-limited-reports-robust-q2-2025-growth-across-all-segments/
[3] https://finance.yahoo.com/news/sea-limited-reports-second-quarter-103000341.html

Sea Ltd Q2 2025 Earnings Call Highlights: Robust Revenue Growth and Strategic Expansion

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