Sea doubles annual earnings, yet profitability worries drag shares down in worst drop in 2 years

Sea more than doubled its annual profits in 2025, as the Southeast Asian tech giant reported strong performance in its fintech division and expansion in new markets like Brazil. Yet concerns about profitability sent the company’s shares into their worst drop in two years.

The Singapore company posted full-year revenue of $22.9 billion, a 36.4% increase from the previous year. Net profits also rose by almost 260%, from $447.8 million to $1.6 billion. Fintech division Monee was the company’s fastest-growing division, posting 60% growth over 2025. (During the earnings call, Li added that Sea wants to continue expanding the division’s suite of products, foraying into areas like digital banking and insurance).

“We see much........

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