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Side-by-side financial comparison of DaVita (DVA) 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 $3.6B, roughly 6.3× DaVita). Sea Ltd runs the higher net margin — 7.0% vs 6.5%, a 0.6% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 12.3%). Over the past eight quarters, Sea Ltd's revenue compounded faster (147.8% CAGR vs 6.6%).

DaVita Inc. is an American company that provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis, often 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation.

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.

DVA vs SE — Head-to-Head

Bigger by revenue
SE
SE
6.3× larger
SE
$22.9B
$3.6B
DVA
Growing faster (revenue YoY)
SE
SE
+351.1% gap
SE
363.4%
12.3%
DVA
Higher net margin
SE
SE
0.6% more per $
SE
7.0%
6.5%
DVA
Faster 2-yr revenue CAGR
SE
SE
Annualised
SE
147.8%
6.6%
DVA

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DVA
DVA
SE
SE
Revenue
$3.6B
$22.9B
Net Profit
$234.2M
$1.6B
Gross Margin
44.7%
Operating Margin
15.5%
8.7%
Net Margin
6.5%
7.0%
Revenue YoY
12.3%
363.4%
Net Profit YoY
43.8%
EPS (diluted)
$3.22
$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.

Revenue
DVA
DVA
SE
SE
Q1 26
$3.6B
Q4 25
$3.6B
$22.9B
Q3 25
$3.4B
$6.0B
Q2 25
$3.4B
$5.3B
Q1 25
$3.2B
$4.8B
Q4 24
$3.3B
$5.0B
Q3 24
$3.3B
$4.3B
Q2 24
$3.2B
$3.8B
Net Profit
DVA
DVA
SE
SE
Q1 26
$234.2M
Q4 25
$234.2M
$1.6B
Q3 25
$150.3M
$375.0M
Q2 25
$199.3M
$414.2M
Q1 25
$162.9M
$-7.8M
Q4 24
$259.3M
Q3 24
$214.7M
Q2 24
$222.7M
Gross Margin
DVA
DVA
SE
SE
Q1 26
Q4 25
44.7%
Q3 25
43.4%
Q2 25
45.8%
Q1 25
46.2%
Q4 24
Q3 24
Q2 24
Operating Margin
DVA
DVA
SE
SE
Q1 26
15.5%
Q4 25
15.5%
8.7%
Q3 25
14.8%
8.0%
Q2 25
15.9%
9.3%
Q1 25
13.6%
9.4%
Q4 24
17.2%
Q3 24
16.4%
Q2 24
15.9%
Net Margin
DVA
DVA
SE
SE
Q1 26
6.5%
Q4 25
6.5%
7.0%
Q3 25
4.4%
6.3%
Q2 25
5.9%
7.9%
Q1 25
5.1%
-0.2%
Q4 24
7.9%
Q3 24
6.6%
Q2 24
7.0%
EPS (diluted)
DVA
DVA
SE
SE
Q1 26
$3.22
Q4 25
$3.22
$2.52
Q3 25
$2.04
$0.59
Q2 25
$2.58
$0.65
Q1 25
$2.00
$0.65
Q4 24
$3.08
Q3 24
$2.50
Q2 24
$2.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DVA
DVA
SE
SE
Cash + ST InvestmentsLiquidity on hand
$700.7M
$10.6B
Total DebtLower is stronger
$10.2B
Stockholders' EquityBook value
$-651.1M
$12.6B
Total Assets
$17.5B
$29.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVA
DVA
SE
SE
Q1 26
$700.7M
Q4 25
$700.7M
$10.6B
Q3 25
$736.5M
Q2 25
$739.4M
Q1 25
$511.9M
Q4 24
$846.0M
$8.6B
Q3 24
$1.1B
Q2 24
$437.2M
Total Debt
DVA
DVA
SE
SE
Q1 26
$10.2B
Q4 25
$10.2B
Q3 25
$10.2B
Q2 25
$10.1B
Q1 25
$9.6B
Q4 24
$9.2B
Q3 24
$9.3B
Q2 24
$8.5B
Stockholders' Equity
DVA
DVA
SE
SE
Q1 26
$-651.1M
Q4 25
$-651.1M
$12.6B
Q3 25
$-571.9M
Q2 25
$-369.6M
Q1 25
$-267.1M
Q4 24
$121.1M
$8.4B
Q3 24
$386.7M
Q2 24
$632.9M
Total Assets
DVA
DVA
SE
SE
Q1 26
$17.5B
Q4 25
$17.5B
$29.4B
Q3 25
$17.6B
Q2 25
$17.5B
Q1 25
$17.1B
Q4 24
$17.3B
$22.6B
Q3 24
$17.5B
Q2 24
$17.0B
Debt / Equity
DVA
DVA
SE
SE
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
75.76×
Q3 24
23.95×
Q2 24
13.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DVA
DVA
SE
SE
Operating Cash FlowLast quarter
$5.0B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVA
DVA
SE
SE
Q1 26
Q4 25
$540.7M
$5.0B
Q3 25
$841.5M
$3.5B
Q2 25
$324.2M
$2.4B
Q1 25
$180.0M
$756.9M
Q4 24
$547.6M
Q3 24
$810.4M
Q2 24
$798.8M
Free Cash Flow
DVA
DVA
SE
SE
Q1 26
Q4 25
$395.3M
Q3 25
$675.4M
Q2 25
$203.1M
Q1 25
$36.8M
Q4 24
$377.0M
Q3 24
$671.4M
Q2 24
$674.1M
FCF Margin
DVA
DVA
SE
SE
Q1 26
Q4 25
10.9%
Q3 25
19.7%
Q2 25
6.0%
Q1 25
1.1%
Q4 24
11.4%
Q3 24
20.6%
Q2 24
21.2%
Capex Intensity
DVA
DVA
SE
SE
Q1 26
Q4 25
4.0%
Q3 25
4.9%
Q2 25
3.6%
Q1 25
4.4%
Q4 24
5.2%
Q3 24
4.3%
Q2 24
3.9%
Cash Conversion
DVA
DVA
SE
SE
Q1 26
Q4 25
2.31×
3.12×
Q3 25
5.60×
9.46×
Q2 25
1.63×
5.73×
Q1 25
1.10×
Q4 24
2.11×
Q3 24
3.77×
Q2 24
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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