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Side-by-side financial comparison of Sea Ltd (SE) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $5.5B, roughly 4.1× SharkNinja, Inc.). On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 30.0%).

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.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

SE vs SN — Head-to-Head

Bigger by revenue
SE
SE
4.1× larger
SE
$22.9B
$5.5B
SN
Growing faster (revenue YoY)
SE
SE
+333.4% gap
SE
363.4%
30.0%
SN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
SE
SE
SN
SN
Revenue
$22.9B
$5.5B
Net Profit
$1.6B
Gross Margin
44.7%
48.1%
Operating Margin
8.7%
11.7%
Net Margin
7.0%
Revenue YoY
363.4%
30.0%
Net Profit YoY
EPS (diluted)
$2.52
$3.11

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
SE
SE
SN
SN
Q4 25
$22.9B
Q3 25
$6.0B
Q2 25
$5.3B
Q1 25
$4.8B
Q4 24
$5.0B
$5.5B
Q3 24
$4.3B
Q2 24
$3.8B
Q1 24
$3.7B
Net Profit
SE
SE
SN
SN
Q4 25
$1.6B
Q3 25
$375.0M
Q2 25
$414.2M
Q1 25
$-7.8M
Q4 24
Q3 24
Q2 24
Q1 24
$-23.0M
Gross Margin
SE
SE
SN
SN
Q4 25
44.7%
Q3 25
43.4%
Q2 25
45.8%
Q1 25
46.2%
Q4 24
48.1%
Q3 24
Q2 24
Q1 24
41.6%
Operating Margin
SE
SE
SN
SN
Q4 25
8.7%
Q3 25
8.0%
Q2 25
9.3%
Q1 25
9.4%
Q4 24
11.7%
Q3 24
Q2 24
Q1 24
1.9%
Net Margin
SE
SE
SN
SN
Q4 25
7.0%
Q3 25
6.3%
Q2 25
7.9%
Q1 25
-0.2%
Q4 24
Q3 24
Q2 24
Q1 24
-0.6%
EPS (diluted)
SE
SE
SN
SN
Q4 25
$2.52
Q3 25
$0.59
Q2 25
$0.65
Q1 25
$0.65
Q4 24
$3.11
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
SE
SE
SN
SN
Cash + ST InvestmentsLiquidity on hand
$10.6B
$363.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$12.6B
$1.9B
Total Assets
$29.4B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SE
SE
SN
SN
Q4 25
$10.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.6B
$363.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SE
SE
SN
SN
Q4 25
$12.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.4B
$1.9B
Q3 24
Q2 24
Q1 24
Total Assets
SE
SE
SN
SN
Q4 25
$29.4B
Q3 25
Q2 25
Q1 25
Q4 24
$22.6B
$4.4B
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
SE
SE
SN
SN
Operating Cash FlowLast quarter
$5.0B
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
3.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SE
SE
SN
SN
Q4 25
$5.0B
Q3 25
$3.5B
Q2 25
$2.4B
Q1 25
$756.9M
Q4 24
$446.6M
Q3 24
Q2 24
Q1 24
$468.5M
Free Cash Flow
SE
SE
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$308.9M
Q3 24
Q2 24
Q1 24
FCF Margin
SE
SE
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
5.6%
Q3 24
Q2 24
Q1 24
Capex Intensity
SE
SE
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
2.5%
Q3 24
Q2 24
Q1 24
Cash Conversion
SE
SE
SN
SN
Q4 25
3.12×
Q3 25
9.46×
Q2 25
5.73×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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