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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q1 FY212021-03-31 | Q4 FY202020-12-31 | Q1 FY202020-03-31 | Q4 FY192019-12-31 | Q1 FY192019-03-31 |
|---|---|---|---|---|---|
| Revenue | $1.76B | $1.57B | $714.92M | $777.22M | $351.87M |
| Cost of revenue | $1.12B | $1.03B | $508.12M | $512.37M | $312.41M |
| Gross profit | $645.41M | $533.71M | $206.80M | $264.85M | $39.46M |
| Gross margin | 36.6% | 34.1% | 28.9% | 34.1% | 11.2% |
| Research and development | $141.13M | $109.51M | $64.59M | $49.47M | $28.51M |
| Selling, general and administrative | $927.78M | $854.23M | $435.25M | $451.45M | $253.61M |
| Operating expenses | $993.82M | $891.04M | $474.52M | $494.90M | $278.66M |
| Operating income | −$348.41M | −$357.33M | −$267.72M | −$230.05M | −$239.21M |
| Operating margin | -19.8% | -22.8% | -37.4% | -29.6% | -68.0% |
| EBITDA | −$348.41M | −$357.33M | −$267.72M | −$230.05M | −$239.21M |
| Interest income | $7.52M | $4.28M | $9.29M | $9.40M | $4.01M |
| Interest expense | −$26.94M | −$34.89M | −$24.61M | −$17.17M | −$10.07M |
| Income before taxes | −$371.67M | −$481.78M | −$256.48M | −$245.23M | −$681.99M |
| Income taxes | $51.03M | $44.17M | $23.24M | $36.01M | $7.21M |
| Net income | −$422.09M | −$524.57M | −$280.79M | −$281.92M | −$689.61M |
| Net margin | -23.9% | -33.5% | -39.3% | -36.3% | -196.0% |
| EPS, basic | −$0.82 | −$1.07 | −$0.61 | −$0.60 | −$1.86 |
| EPS, diluted | −$0.82 | −$1.07 | −$0.61 | −$0.60 | −$1.86 |
| Diluted shares | 514.78M | 477.26M | 462.19M | 436.60M | 370.72M |
Figures describe Sea shares, not any token. As of Apr 17, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.