As of Q3'25, Sea Limited's Return on Sales (ROS) stands at 9.05%, reflecting a continued recovery from the negative values observed in late 2023. The latest data point marks a notable improvement compared to the -0.63% recorded in Q4'23. Over the period from Q4'22 to Q3'25, the ROS trend has been volatile, with significant fluctuations. After peaking at 12.73% in Q2'23, ROS dropped sharply into negative territory in Q3'23 and Q4'23, before rebounding steadily through 2024 and into 2025. The overall pattern indicates a period of instability followed by a consistent upward trajectory, suggesting improving operational efficiency and profitability in recent quarters.