The latest data point for SE's net income in Q4'25 shows a strong performance of $397M USD, reflecting continued profitability and marking a sequential increase from Q3'25's $372M USD. This figure represents a modest year-over-year growth of 67.3%, underscoring sustained momentum in the company's earnings trajectory. Over the period from Q1'23 to Q4'25, net income exhibited significant volatility, starting with a modest $88M USD gain in Q1'23, surging to $322M USD in Q2'23, then plunging into losses of -$149M USD in Q3'23 and -$110M USD in Q4'23, followed by a smaller deficit of -$24M USD in Q1'24. Recovery began in Q2'24 with $82M USD, accelerating to $148M USD in Q3'24 and $237M USD in Q4'24, before achieving consistent quarterly profits exceeding $370M USD from Q1'25 onward, with YoY growth peaking at an impressive 1,803% in Q1'25 but moderating thereafter. Overall, the trend shifted from erratic early losses to robust, stable growth, highlighting improved operational efficiency and a positive inflection point post-Q1'24.