Sea Limited Q3 revenue improves 43.4% to $8.6 billion
Key points
- Sea Limited reported third-quarter 2026 revenue of US$8.6 billion, up 43.4% year-over-year, while net income increased 34% to US$502.5 million.
- Shopee revenue rose 41.3% to US$6.1 billion, Monee revenue increased 63.9% to US$1.6 billion, and Garena revenue grew 28.6% to US$840.1 million.
- Sea completed US$997.2 million in repurchases under its existing US$1 billion programme, while its board approved an additional US$1 billion authorization.
Sea Limited (NYSE:SE) reported third-quarter 2026 revenue of US$8.6 billion, up 43.4% year-over-year, while net income increased 34% to US$502.5 million.
Gross profit rose 51.4% to US$3.9 billion, while adjusted EBITDA, a non-GAAP earnings measure, increased 28.9% to US$931.3 million.
Shopee generated US$6.1 billion in revenue, up 41.3%, while Monee revenue increased 63.9% to US$1.6 billion and Garena revenue rose 28.6% to US$840.1 million.
Monee's consumer and small-business loan principal outstanding reached US$12.6 billion at September 30, up 60% year-over-year, while Garena recorded 671.7 million quarterly active users and 68.6 million paying users.
Sea had repurchased 11.1 million shares for US$997.2 million under its existing US$1 billion repurchase programme, while its board approved an additional US$1 billion authorization on November 9, 2026.
