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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
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 44.7% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 46.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| 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% | — |
| 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% | — |
| 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 | ||
|---|---|---|
| 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.
| 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 | — |
| 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 | — |
| 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 | — |
| 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 | — |
| 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 | ||
|---|---|---|
| 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.
| 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 | — |
| 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 | — |
| 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% | — |
| 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% | — |
| 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.