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VizualStocks APIOperating KPI and segment definitions available for Sea (SE) through the VizualStocks API.
GAAP operating income from Garena, Sea's global developer and publisher of mobile and PC online games such as Free Fire. It reflects game revenue and assigned segment costs but excludes unallocated corporate expense.
digitalEntertainmentOperatingIncomeGAAP revenue from Garena's mobile and PC online games, generated primarily by sales of in-game items and season passes. Because those purchases are recognized over estimated paying-user lifespans, revenue can differ from current-period bookings.
digitalEntertainmentRevenueGAAP operating income from Monee's digital financial services after credit losses, funding, operating and other assigned segment costs. The result is currently driven mainly by Sea's consumer and small-business lending business rather than its wallet alone.
digitalFinancialServicesOperatingIncomeRevenue from Monee, Sea's digital financial-services business spanning consumer and small-business credit, banking, wallets, payment processing, wealth and insurance products. Current revenue is driven primarily by interest and fees from the credit business.
digitalFinancialServicesRevenueGAAP operating income from Shopee, Sea's marketplace with integrated payment, logistics and fulfillment services across Southeast Asia, Taiwan and Latin America. It includes assigned marketplace and logistics costs, sales and marketing and other segment expenses but excludes unallocated corporate expense.
eCommerceOperatingIncomeTotal revenue from Shopee, Sea's e-commerce marketplace, including core transaction and advertising fees, logistics and other value-added services, and direct product sales. It is Sea's revenue earned from marketplace activity, not the much larger merchandise value transacted by buyers and sellers.
eCommerceRevenueUnique accounts that interacted with Garena's mobile or PC online games during the quarter. An account active in more than one game or market is counted again for each, so this is an aggregate engagement measure rather than unique people at quarter end.
gameQuarterlyActiveUsersUnique accounts that made a payment in Garena's online games during the quarter. A paying account is counted more than once when it pays in multiple games or markets, so QPUs measure monetized game engagement rather than unique people at quarter end.
gameQuarterlyPayingUsersGarena operating income plus depreciation and amortization and, through Q2 2026, the net effect of changes in deferred game revenue and related cost. Sea announced that the deferred-revenue adjustment will be removed beginning with Q3 2026, creating a definition break in this non-GAAP series.
garenaAdjustedEbitdaGarena adjusted EBITDA divided by game bookings, Sea's approximation of player cash spending during the quarter. It measures cash-monetization profitability, and its comparability changes when Sea removes deferred-revenue effects from Garena adjusted EBITDA beginning in Q3 2026.
garenaAdjustedEbitdaAsPercentageOfBookingsGAAP revenue from Garena's global mobile and PC online-game business, generated mainly by in-game item and season-pass purchases. It is the current canonical brand label for the same business historically described as Digital Entertainment Revenue.
garenaRevenueSea revenue from services provided or goods sold in Latin America across Shopee, Monee, Garena and smaller activities. Brazil is a major market for Shopee and Sea's regional financial-services presence is growing, so the line is broader than e-commerce alone.
latinAmericaRevenueMonee operating income plus depreciation and amortization, Sea's non-GAAP measure of digital financial-services performance. It currently reflects a business led primarily by consumer and small-business credit, including the costs and losses assigned to that segment.
moneeAdjustedEbitdaTotal unpaid principal on consumer and small-business loans originated through Monee at period end, combining loans held on Sea's balance sheet and loans funded by partner financial institutions. It measures credit exposure facilitated by the platform, not revenue or the accounting carrying value after allowances.
moneeLoansPrincipalOutstandingConsumer and small-business loan principal more than 90 days past due divided by Monee's total on-book and off-book loan principal outstanding. It is a credit-quality percentage, not a dollar balance, and includes partner-funded loans arranged through the platform.
moneeNonPerformingLoan90PlusDayRatioUnpaid principal on consumer and small-business loans funded by other financial institutions through channeling arrangements on Monee's platform. These loans expand Monee's facilitated credit volume without placing the principal on Sea's balance sheet.
moneeOffBookLoansPrincipalOutstandingUnpaid principal on Monee consumer and small-business loans held on Sea's own balance sheet at period end. Unlike off-book channeling loans funded by partners, these balances expose Sea directly to funding needs and borrower credit losses.
moneeOnBookLoansPrincipalOutstandingRevenue from Monee's consumer and small-business credit, banking, wallet, payment processing, wealth and insurance services. Credit is currently the principal contributor, so changes in lending activity and loan balances are central revenue drivers.
moneeRevenueValue of online-game virtual currency and related items purchased by users during the period, expressed in U.S. dollars.
onlineGamesBookingsInUnitedStatesDollarsReconciliation adjustment needed to bridge the separately disclosed components of operating income to the consolidated total during the period.
otherOperatingIncomeReconciliationUnallocated revenue reconciliation needed to bridge Shopee, Monee, Garena and Other Services revenue to Sea's consolidated total. It is not a fifth operating segment; the current API incorrectly duplicates Other Services revenue even when the issuer reconciliation is zero.
otherRevenueGAAP operating income or loss from Sea's smaller service businesses that do not meet the quantitative threshold for separate reportable segments. It excludes corporate expenses that Sea leaves unallocated because its chief operating decision maker does not review them as segment performance.
otherServicesOperatingIncomeRevenue from Sea's smaller service businesses that are combined because none meets the quantitative threshold for separate reportable-segment status. It is a real catch-all operating category, distinct from Shopee, Monee and Garena, rather than a geographic residual.
otherServicesRevenueSea revenue from services provided or goods sold in Asian markets outside its six-country Southeast Asia definition and Singapore, including Taiwan. It combines activity from Shopee, Monee, Garena and smaller businesses rather than representing a standalone segment.
restOfAsiaRevenueSea revenue from services provided or goods sold outside Southeast Asia, the rest of Asia and Latin America. It is the company's smallest geographic residual and can include activity across Shopee, Monee, Garena and other services.
restOfTheWorldRevenueShopee operating income plus depreciation and amortization, Sea's non-GAAP measure of e-commerce segment performance. It includes marketplace, logistics and direct-product economics but excludes unallocated corporate costs and should not be confused with gross profit on merchandise sold by third-party sellers.
shopeeAdjustedEbitdaShopee adjusted EBITDA divided by GMV, relating segment profit to the value of orders transacted on the marketplace. Because GMV includes shipping and orders regardless of settlement or returns, this unit-economics ratio is not an accounting profit margin on revenue.
shopeeAdjustedEbitdaAsPercentageOfGrossMerchandiseValueShopee marketplace revenue from transaction-based fees and paid advertising services offered to sellers. It excludes logistics and other value-added services as well as revenue from products Sea purchases and sells directly.
shopeeCoreMarketplaceRevenueShopee E Commerce Gross Merchandise Value In United States Dollars reported by Sea: dollar value of payments, purchases, merchandise or other transactions processed during the period. This is transaction volume, not company revenue.
shopeeECommerceGrossMerchandiseValueInUnitedStatesDollarsConfirmed buyer-seller orders for products and services on Shopee during the quarter, with a multi-item purchase counted as one order. Sea counts the order whether or not it settles and whether or not items are later returned, so this is gross marketplace activity rather than fulfilled net orders.
shopeeECommerceOrdersShopee's GAAP marketplace revenue, equal to core transaction and advertising revenue plus value-added services such as logistics. It excludes first-party product sales and therefore isolates the revenue earned from operating and supporting the marketplace.
shopeeMarketplaceRevenueRevenue from products that Sea purchases from manufacturers or other third parties and resells directly to buyers through Shopee. Unlike marketplace fees, this is first-party commerce in which Sea is the seller and records product revenue rather than only a service fee.
shopeeProductRevenueTotal GAAP revenue from Shopee, combining marketplace services with first-party product sales. Marketplace revenue includes transaction and advertising fees plus logistics and other value-added services, while total Shopee revenue remains far below GMV because most merchandise is sold by third-party sellers.
shopeeRevenueTotal Shopee GAAP revenue divided by Shopee GMV, expressing reported revenue as a percentage of merchandise value transacted. Because the numerator includes first-party product sales as well as marketplace fees and logistics, it is a broad monetization ratio rather than a seller commission rate.
shopeeTakeRateShopee marketplace revenue mainly from logistics and related services supplied to buyers and sellers. The reported amount is net of shipping subsidies, so heavier delivery incentives can reduce this revenue line even when order volume grows.
shopeeValueAddedServicesRevenueSea revenue from services provided or goods sold in Singapore, Indonesia, Malaysia, the Philippines, Thailand and Vietnam across Shopee, Monee, Garena and smaller activities. The API combines Singapore with the issuer's separately reported Southeast Asia excluding Singapore line.
southeastAsiaRevenue