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Sea second quarter revenue comes in at $7.8B, up 48.1%
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Sea second quarter revenue comes in at $7.8B, up 48.1%

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  • Sea reported Q2 2026 GAAP revenue of US$7.8 billion, up 48.1% year over year, while net income reached US$458.1 million.
  • Sea shares were up about 1.1% at $114.80 in the latest verified market feed.
  • Sea said Shopee could reach US$1 billion in full-year adjusted EBITDA as it continues investing across Shopee, Monee and Garena.

Sea (NYSE:SE) reported second-quarter 2026 GAAP revenue of US$7.8 billion, up 48.1%, while net income increased 10.6% to US$458.1 million.

Revenue increased from US$5.3 billion a year earlier, while adjusted EBITDA rose to US$917.2 million from US$829.2 million.

Shopee GMV reached US$38.3 billion, while Monee loans totaled US$11.1 billion and its over-90-day non-performing loan ratio remained at 1%.

Following the announcement, Sea's share price was up about 1.1% at $114.80 in the latest verified market feed.

Sea entered Q2 after first-quarter revenue of US$7.1 billion, including US$5.1 billion from Shopee, US$1.2 billion from Monee and US$696.6 million from Garena.

Sea said it expects Shopee to reach US$1 billion in 2026 adjusted EBITDA, while Garena is expanding its portfolio with Palworld Online and Monster Hunter Outlanders.

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