The latest data point for Sea Limited's (SE) net income in Q1'26 shows a robust $428M USD, marking a continuation of strong profitability following the $397M USD recorded in Q4'25. From Q2'23 to Q1'26, net income exhibited significant volatility, starting with a positive $322M USD in Q2'23 before plunging into losses peaking at -$150M USD in Q3'23 and -$110M USD in Q4'23, then gradually recovering to a minor loss of -$24M USD in Q1'24 and turning positive with $82M USD in Q2'24. The trend shifted decisively upward from Q3'24 onward, with net income surging to $403M USD in Q1'25 and stabilizing around $370M-$428M USD through Q1'26, reflecting an overall growth trajectory supported by year-over-year improvements that reached a high of 18.03% in Q1'25 before moderating to 0.06% in Q1'26.