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Side-by-side financial comparison of Bunge Global (BG) and Sea Ltd (SE). Click either name above to swap in a different company.
Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $21.9B, roughly 1.0× Bunge Global). Sea Ltd runs the higher net margin — 7.0% vs 0.3%, a 6.7% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 43.4%). Over the past eight quarters, Sea Ltd's revenue compounded faster (147.8% CAGR vs 142.0%).
Bunge Global SA (BUN-ghee) is a global agribusiness and food company, incorporated in Geneva, Switzerland and headquartered in St. Louis, Missouri, United States.
Sea Limited is a tech conglomerate headquartered in Singapore. It is listed on the New York Stock Exchange, with revenue of US$16.8 billion (2024). Sea currently functions as a holding company for Garena, Monee and Shopee, the largest e-commerce platform in Southeast Asia.
BG vs SE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $21.9B | $22.9B |
| Net Profit | $68.0M | $1.6B |
| Gross Margin | 3.5% | 44.7% |
| Operating Margin | — | 8.7% |
| Net Margin | 0.3% | 7.0% |
| Revenue YoY | 43.4% | 363.4% |
| Net Profit YoY | -66.2% | — |
| EPS (diluted) | $0.35 | $2.52 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $21.9B | — | ||
| Q4 25 | $4.9B | $22.9B | ||
| Q3 25 | $4.4B | $6.0B | ||
| Q2 25 | $4.0B | $5.3B | ||
| Q1 25 | $3.7B | $4.8B | ||
| Q4 24 | $4.0B | $5.0B | ||
| Q3 24 | $3.9B | $4.3B | ||
| Q2 24 | $3.7B | $3.8B |
| Q1 26 | $68.0M | — | ||
| Q4 25 | $95.0M | $1.6B | ||
| Q3 25 | $166.0M | $375.0M | ||
| Q2 25 | $354.0M | $414.2M | ||
| Q1 25 | $201.0M | $-7.8M | ||
| Q4 24 | $602.0M | — | ||
| Q3 24 | $221.0M | — | ||
| Q2 24 | $70.0M | — |
| Q1 26 | 3.5% | — | ||
| Q4 25 | 20.7% | 44.7% | ||
| Q3 25 | 24.3% | 43.4% | ||
| Q2 25 | 18.4% | 45.8% | ||
| Q1 25 | 16.3% | 46.2% | ||
| Q4 24 | 27.0% | — | ||
| Q3 24 | 19.9% | — | ||
| Q2 24 | 17.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.8% | 8.7% | ||
| Q3 25 | 6.2% | 8.0% | ||
| Q2 25 | 12.3% | 9.3% | ||
| Q1 25 | 7.8% | 9.4% | ||
| Q4 24 | 18.3% | — | ||
| Q3 24 | 8.3% | — | ||
| Q2 24 | 2.8% | — |
| Q1 26 | 0.3% | — | ||
| Q4 25 | 1.9% | 7.0% | ||
| Q3 25 | 3.8% | 6.3% | ||
| Q2 25 | 8.8% | 7.9% | ||
| Q1 25 | 5.5% | -0.2% | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 1.9% | — |
| Q1 26 | $0.35 | — | ||
| Q4 25 | $-0.02 | $2.52 | ||
| Q3 25 | $0.84 | $0.59 | ||
| Q2 25 | $2.61 | $0.65 | ||
| Q1 25 | $1.48 | $0.65 | ||
| Q4 24 | $4.27 | — | ||
| Q3 24 | $1.56 | — | ||
| Q2 24 | $0.48 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $839.0M | $10.6B |
| Total DebtLower is stronger | $13.2B | — |
| Stockholders' EquityBook value | $17.4B | $12.6B |
| Total Assets | $47.6B | $29.4B |
| Debt / EquityLower = less leverage | 0.76× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $839.0M | — | ||
| Q4 25 | $2.0B | $10.6B | ||
| Q3 25 | $3.2B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $3.9B | — | ||
| Q4 24 | $3.8B | $8.6B | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $1.3B | — |
| Q1 26 | $13.2B | — | ||
| Q4 25 | $10.2B | — | ||
| Q3 25 | $11.1B | — | ||
| Q2 25 | $7.7B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $4.1B | — |
| Q1 26 | $17.4B | — | ||
| Q4 25 | $15.9B | $12.6B | ||
| Q3 25 | $15.8B | — | ||
| Q2 25 | $10.9B | — | ||
| Q1 25 | $10.6B | — | ||
| Q4 24 | $9.9B | $8.4B | ||
| Q3 24 | $10.1B | — | ||
| Q2 24 | $10.0B | — |
| Q1 26 | $47.6B | — | ||
| Q4 25 | $44.5B | $29.4B | ||
| Q3 25 | $46.3B | — | ||
| Q2 25 | $31.2B | — | ||
| Q1 25 | $26.7B | — | ||
| Q4 24 | $24.9B | $22.6B | ||
| Q3 24 | $25.3B | — | ||
| Q2 24 | $24.4B | — |
| Q1 26 | 0.76× | — | ||
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 0.54× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.41× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $5.0B |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | — | 3.12× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $5.0B | ||
| Q3 25 | $854.0M | $3.5B | ||
| Q2 25 | $-1.1B | $2.4B | ||
| Q1 25 | $-285.0M | $756.9M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $-1.5B | — |
| Q1 26 | — | — | ||
| Q4 25 | $809.0M | — | ||
| Q3 25 | $385.0M | — | ||
| Q2 25 | $-1.5B | — | ||
| Q1 25 | $-595.0M | — | ||
| Q4 24 | $564.0M | — | ||
| Q3 24 | $973.0M | — | ||
| Q2 24 | $-1.8B | — |
| Q1 26 | — | — | ||
| Q4 25 | 16.6% | — | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | -36.8% | — | ||
| Q1 25 | -16.2% | — | ||
| Q4 24 | 14.1% | — | ||
| Q3 24 | 25.1% | — | ||
| Q2 24 | -47.4% | — |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 11.0% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 12.2% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 8.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.18× | 3.12× | ||
| Q3 25 | 5.14× | 9.46× | ||
| Q2 25 | -3.03× | 5.73× | ||
| Q1 25 | -1.42× | — | ||
| Q4 24 | 1.75× | — | ||
| Q3 24 | 6.00× | — | ||
| Q2 24 | -21.06× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
