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Side-by-side financial comparison of Sea Ltd (SE) and TELUS CORP (TU). Click either name above to swap in a different company.

Sea Ltd is the larger business by last-quarter revenue ($22.9B vs $3.7B, roughly 6.2× TELUS CORP). Sea Ltd runs the higher net margin — 7.0% vs -4.8%, a 11.8% gap on every dollar of revenue. On growth, Sea Ltd posted the faster year-over-year revenue change (363.4% vs 2.2%).

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.

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

SE vs TU — Head-to-Head

Bigger by revenue
SE
SE
6.2× larger
SE
$22.9B
$3.7B
TU
Growing faster (revenue YoY)
SE
SE
+361.2% gap
SE
363.4%
2.2%
TU
Higher net margin
SE
SE
11.8% more per $
SE
7.0%
-4.8%
TU

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
SE
SE
TU
TU
Revenue
$22.9B
$3.7B
Net Profit
$1.6B
$-178.8M
Gross Margin
44.7%
90.2%
Operating Margin
8.7%
3.4%
Net Margin
7.0%
-4.8%
Revenue YoY
363.4%
2.2%
Net Profit YoY
-210.9%
EPS (diluted)
$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
SE
SE
TU
TU
Q4 25
$22.9B
Q3 25
$6.0B
Q2 25
$5.3B
$3.7B
Q1 25
$4.8B
Q4 24
$5.0B
Q3 24
$4.3B
Q2 24
$3.8B
$3.6B
Q1 24
$3.7B
Net Profit
SE
SE
TU
TU
Q4 25
$1.6B
Q3 25
$375.0M
Q2 25
$414.2M
$-178.8M
Q1 25
$-7.8M
Q4 24
Q3 24
Q2 24
$161.3M
Q1 24
$-23.0M
Gross Margin
SE
SE
TU
TU
Q4 25
44.7%
Q3 25
43.4%
Q2 25
45.8%
90.2%
Q1 25
46.2%
Q4 24
Q3 24
Q2 24
87.9%
Q1 24
41.6%
Operating Margin
SE
SE
TU
TU
Q4 25
8.7%
Q3 25
8.0%
Q2 25
9.3%
3.4%
Q1 25
9.4%
Q4 24
Q3 24
Q2 24
13.7%
Q1 24
1.9%
Net Margin
SE
SE
TU
TU
Q4 25
7.0%
Q3 25
6.3%
Q2 25
7.9%
-4.8%
Q1 25
-0.2%
Q4 24
Q3 24
Q2 24
4.4%
Q1 24
-0.6%
EPS (diluted)
SE
SE
TU
TU
Q4 25
$2.52
Q3 25
$0.59
Q2 25
$0.65
Q1 25
$0.65
Q4 24
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
TU
TU
Cash + ST InvestmentsLiquidity on hand
$10.6B
$2.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$12.6B
$11.8B
Total Assets
$29.4B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SE
SE
TU
TU
Q4 25
$10.6B
Q3 25
Q2 25
$2.7B
Q1 25
Q4 24
$8.6B
Q3 24
Q2 24
$676.7M
Q1 24
Stockholders' Equity
SE
SE
TU
TU
Q4 25
$12.6B
Q3 25
Q2 25
$11.8B
Q1 25
Q4 24
$8.4B
Q3 24
Q2 24
$12.4B
Q1 24
Total Assets
SE
SE
TU
TU
Q4 25
$29.4B
Q3 25
Q2 25
$44.3B
Q1 25
Q4 24
$22.6B
Q3 24
Q2 24
$41.8B
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
TU
TU
Operating Cash FlowLast quarter
$5.0B
$851.2M
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
SE
SE
TU
TU
Q4 25
$5.0B
Q3 25
$3.5B
Q2 25
$2.4B
$851.2M
Q1 25
$756.9M
Q4 24
Q3 24
Q2 24
$1.0B
Q1 24
$468.5M
Cash Conversion
SE
SE
TU
TU
Q4 25
3.12×
Q3 25
9.46×
Q2 25
5.73×
Q1 25
Q4 24
Q3 24
Q2 24
6.28×
Q1 24

Financial Flow Comparison

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

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